408, V3 Tower
Sold prices and rental history: sold 3 times, last in December 2024, 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 408, V3 Tower
What is 408 worth today?
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Source: Dubai Land Department. Updated 25 December 2024.
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 950K · December 2024
- Building
- V3 Tower
About 408, V3 Tower
408 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 25 December 2024 for AED 950,000, or AED 1,122 per sqft, 4% below the AED 1,164 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 12 August 2023, is AED 62,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 10,500 a year.
Sales and rents for 408 over time
408 has sold 3 times; 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 408 sits
All 162 1-beds →408 last sold in December 2024 at AED 1,122 per sqft, 4% below what one-beds in V3 Tower were fetching at the time (AED 1,164). 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. 408's AED 62,000 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 | |
| 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 | |
| 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 |
408, V3 Tower in numbers
- Sold 3 times: first on 23 May 2010 for AED 552,269, last on 25 December 2024 for AED 950,000 (AED 1,122 per sqft).
- Rented since July 2013 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 40,000 in 2021 and recovered to AED 62,000 by August 2023.
- At AED 62,000 a year the gross yield on the 2024 price is 6.5%, 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 25 December 2024.
Questions about 408, V3 Tower
What did unit 408 last sell for?
AED 950,000 on 25 December 2024: AED 1,122 per sqft for 846 sqft. The unit has 3 registered sales; the first was AED 552,269 in May 2010.
What is the rent for unit 408?
AED 62,000 a year on the contract signed on 12 August 2023. The previous contract, from March 2022, was AED 48,000; the unit has been rented since July 2013.
How big is unit 408?
846 sqft (78.6 sqm): a one-bedroom apartment on the 4th floor of a 37-storey tower completed in 2009.
What is unit 408 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 408, V3 Tower
Starts from the last sale price (AED 950K, 25 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →