403, V3 Tower
Sold prices and rental history: sold twice, last in May 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, V3 Tower
What is 403 worth today?
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Source: Dubai Land Department. Updated 10 November 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 846 sqft
- Floor
- 4th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.25M · May 2014
- Building
- V3 Tower
About 403, V3 Tower
403 is a one-bedroom apartment of 846 sqft on the 4th floor of V3 Tower, a 37-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by Sheikh Suroor Bin Mohd Alnehayan. It last sold on 19 May 2014 for AED 1,250,000, or AED 1,477 per sqft, 35% above the AED 1,098 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 10 November 2022, is AED 75,000 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 10,500 a year.
Sales and rents for 403 over time
403 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in V3 Tower, and where 403 sits
All 162 1-beds →403 last sold in May 2014 at AED 1,477 per sqft, 35% above what one-beds in V3 Tower were fetching at the time (AED 1,098). Over the last 12 months one-beds sold for AED 950,000 to 1,100,000, around AED 1,242 per sqft, and rent for AED 54,000 to 125,000 a year. 403's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 811 sqft | 970,000 | 1,196 | ||
| 11 Sep 202611 September 2026 | 811 sqft | 1,100,000 | 1,357 | ||
| 1 Jun 20261 June 2026 | 811 sqft | 950,000 | 1,172 | ||
| 10 Mar 202610 March 2026 | 805 sqft | 1,000,000 | 1,242 |
V3 Tower
Building328 apartments, 1-bed to 3-bed over 37 floors in Jumeirah Lake Towers (JLT), completed in 2009 by Sheikh Suroor Bin Mohd Alnehayan. 13 sold in the last 12 months.
- Typical price per sqft
- AED 1,292 Up 4.0%
- Typical sale
- AED 1.1M
- Typical rent
- AED 85K /yr
- Typical yield
- 7.1%
Other units on the 4th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,348 sqft | AED 1.43MAED 1,425,000 · Jun 2023June 2023 | 83,000 /yr | |
| 402 | 1-bed | 806 sqft | AED 558KAED 558,122 · Apr 2010April 2010 | 77,000 /yr | |
| 404 | 1-bed | 811 sqft | AED 700KAED 700,000 · Dec 2017December 2017 | 65,000 /yr | |
| 405 | 2-bed | 1,625 sqft | AED 1.11MAED 1,110,000 · Mar 2021March 2021 | 85,000 /yr | |
| 406 | 2-bed | 1,625 sqft | AED 1.9MAED 1,900,000 · May 2025May 2025 | 79,228 /yr | |
| 407 | 1-bed | 811 sqft | AED 1.09MAED 1,088,000 · Nov 2017November 2017 | 53,500 /yr | |
| 408 | 1-bed | 846 sqft | AED 950KAED 950,000 · Dec 2024December 2024 | 62,000 /yr | |
| 409 | 1-bed | 805 sqft | AED 541KAED 541,210 · Jul 2010July 2010 | 77,000 /yr | |
| 410 | 2-bed | 1,310 sqft | AED 1.4MAED 1,400,000 · Jun 2016June 2016 | 125,000 /yr |
403, V3 Tower in numbers
- Sold twice: first on 29 June 2010 for AED 569,527, last on 19 May 2014 for AED 1,250,000 (AED 1,477 per sqft).
- Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 42,000 in 2020 and recovered to AED 75,000 by November 2022.
- At AED 75,000 a year the gross yield on the 2014 price is 6.0%, before a service charge of about AED 10,500 a year (AED 12.46 per sqft).
- One-beds in V3 Tower sold for AED 950,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,292 per sqft.
Source: Dubai Land Department. Updated 10 November 2022.
Questions about 403, V3 Tower
What did unit 403 last sell for?
AED 1,250,000 on 19 May 2014: AED 1,477 per sqft for 846 sqft. The unit has 2 registered sales; the first was AED 569,527 in June 2010.
What is the rent for unit 403?
AED 75,000 a year on the contract signed on 10 November 2022. The previous contract, from November 2020, was AED 42,000; the unit has been rented since October 2013.
How big is unit 403?
846 sqft (78.6 sqm): a one-bedroom apartment on the 4th floor of a 37-storey tower completed in 2009.
What is unit 403 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in V3 Tower sold for AED 950,000 to 1,100,000 in the last 12 months, around AED 1,242 per sqft.
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Mortgage on 403, V3 Tower
Starts from the last sale price (AED 1.25M, 19 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →