404, V3 Tower
Sold prices and rental history: sold twice, last in December 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, V3 Tower
What is 404 worth today?
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Source: Dubai Land Department. Updated 15 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 811 sqft
- Floor
- 4th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,100 /yr
- Last sold
- AED 700K · December 2017
- Building
- V3 Tower
About 404, V3 Tower
404 is a one-bedroom apartment of 811 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 25 December 2017 for AED 700,000, or AED 863 per sqft, 30% below the AED 1,241 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 15 September 2024, is AED 65,000 a year: a gross yield of 9.3% on the 2017 price, before the service charge of about AED 10,100 a year.
Sales and rents for 404 over time
404 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 404 sits
All 162 1-beds →404 last sold in December 2017 at AED 863 per sqft, 30% below what one-beds in V3 Tower were fetching at the time (AED 1,241). 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. 404's AED 65,000 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 | |
| 403 | 1-bed | 846 sqft | AED 1.25MAED 1,250,000 · May 2014May 2014 | 75,000 /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 |
404, V3 Tower in numbers
- Sold twice: first on 30 June 2010 for AED 561,686, last on 25 December 2017 for AED 700,000 (AED 863 per sqft).
- Rented since September 2018 on 7 Ejari contracts. The rent fell from AED 63,000 to AED 45,000 in 2021 and recovered to AED 65,000 by September 2024.
- At AED 65,000 a year the gross yield on the 2017 price is 9.3%, before a service charge of about AED 10,100 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 15 September 2024.
Questions about 404, V3 Tower
What did unit 404 last sell for?
AED 700,000 on 25 December 2017: AED 863 per sqft for 811 sqft. The unit has 2 registered sales; the first was AED 561,686 in June 2010.
What is the rent for unit 404?
AED 65,000 a year on the contract renewed on 15 September 2024. The previous contract, from September 2023, was AED 53,000; the unit has been rented since September 2018.
How big is unit 404?
811 sqft (75.3 sqm): a one-bedroom apartment on the 4th floor of a 37-storey tower completed in 2009.
What is unit 404 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 404, V3 Tower
Starts from the last sale price (AED 700K, 25 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →