405, V3 Tower
Sold prices and rental history: sold twice, last in March 2021, 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 405, V3 Tower
What is 405 worth today?
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Source: Dubai Land Department. Updated 9 March 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,625 sqft
- Floor
- 4th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.11M · March 2021
- Building
- V3 Tower
About 405, V3 Tower
405 is a two-bedroom apartment of 1,625 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 9 March 2021 for AED 1,110,000, or AED 682 per sqft, in line with the AED 682 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 10 January 2020, is AED 85,000 a year: a gross yield of 7.7% on the 2021 price, before the service charge of about AED 20,300 a year.
Sales and rents for 405 over time
405 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in V3 Tower, and where 405 sits
All 126 2-beds →405 last sold in March 2021 at AED 682 per sqft, in line with what two-beds in V3 Tower were fetching at the time (AED 682). Over the last 12 months two-beds sold for AED 1,400,000 to 2,300,000, around AED 1,347 per sqft, and rent for AED 90,000 to 160,000 a year. 405's AED 85,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jul 202628 July 2026 | 1,625 sqft | 2,100,000 | 1,292 | ||
| 24 Jul 202624 July 2026 | 1,625 sqft | 2,300,000 | 1,415 | ||
| 12 Jan 202612 January 2026 | 1,348 sqft | 1,400,000 | 1,038 | ||
| 11 Dec 202511 December 2025 | 1,625 sqft | 2,190,000 | 1,347 |
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 | |
| 404 | 1-bed | 811 sqft | AED 700KAED 700,000 · Dec 2017December 2017 | 65,000 /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 |
405, V3 Tower in numbers
- Sold twice: first on 20 April 2010 for AED 1,213,126, last on 9 March 2021 for AED 1,110,000 (AED 682 per sqft).
- Rented since February 2013 on 4 Ejari contracts, from AED 94,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2021 price is 7.7%, before a service charge of about AED 20,300 a year (AED 12.46 per sqft).
- Two-beds in V3 Tower sold for AED 1,400,000–2,300,000 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 9 March 2021.
Questions about 405, V3 Tower
What did unit 405 last sell for?
AED 1,110,000 on 9 March 2021: AED 682 per sqft for 1,625 sqft. The unit has 2 registered sales; the first was AED 1,213,126 in April 2010.
What is the rent for unit 405?
AED 85,000 a year on the contract signed on 10 January 2020. The previous contract, from July 2014, was AED 117,600; the unit has been rented since February 2013.
How big is unit 405?
1,625 sqft (151.0 sqm): a two-bedroom apartment on the 4th floor of a 37-storey tower completed in 2009.
What is unit 405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in V3 Tower sold for AED 1,400,000 to 2,300,000 in the last 12 months, around AED 1,347 per sqft.
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Mortgage on 405, V3 Tower
Starts from the last sale price (AED 1.11M, 9 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,110,000
- Deposit, UAE resident (20%)
- AED 222,000
- Deposit, non-resident (40%)
- AED 444,000
- Monthly over 25 years at 3.7%
- AED 4,541
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →