1-bed · 805 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 4th floor · completed 2009

409, V3 Tower

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 15 March 2026
Last soldAED 541K26 July 2010
Current rentAED 77K /yr15 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, V3 Tower

What is 409 worth today?

Last sold for AED 541,210 in 2010

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15 Mar 2026RentedRenewal
AED 77,000/yr12 months · AED 97 per sqft
15 Mar 2025RentedNew contract
AED 77,000/yr12 months · AED 97 per sqft
15 Mar 2025RentedNew contract
AED 77,000/yr12 months · AED 97 per sqft
22 Aug 2023RentedRenewal
AED 66,000/yr12 months · AED 82 per sqft
22 Aug 2022RentedNew contract
AED 63,000/yr12 months · AED 78 per sqft
1 Feb 2019RentedRenewal
AED 72,000/yr12 months · AED 89 per sqft
1 Feb 2018RentedNew contract
AED 72,000/yr12 months · AED 89 per sqft
31 Mar 2016RentedNew contract
AED 127,370/yr6 months · AED 158 per sqft

Source: Dubai Land Department. Updated 15 March 2026.

Key facts

Type
1-bed apartment
Size
805 sqft
Floor
4th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 10,000 /yr
Last sold
AED 541K · July 2010
Building
V3 Tower

About 409, V3 Tower

409 is a one-bedroom apartment of 805 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. The developer sold it on 26 July 2010 for AED 541,210, or AED 672 per sqft, 4% below the AED 699 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 15 March 2026, is AED 77,000 a year: a gross yield of 14.2% on the 2010 price, before the service charge of about AED 10,000 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in V3 Tower
500K750K1M2010201520202025Typical sale price by year: 2010 AED 572,979; 2011 AED 525,750; 2012 AED 600,000; 2013 AED 735,000; 2014 AED 1,075,000; 2015 AED 985,000; 2016 AED 1,000,000; 2017 AED 1,050,000; 2018 AED 900,000; 2019 AED 573,643; 2020 AED 600,000; 2021 AED 733,000; 2022 AED 760,000; 2023 AED 850,000; 2024 AED 950,000; 2025 AED 995,000; 2026 AED 1,037,500Sold by developer, July 2010: AED 541,210 (AED 672 per sqft)

409 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 409, each contractTypical one-bed in V3 Tower
50K100K2012201620202024Typical rent by year: 2012 AED 52,750; 2013 AED 64,000; 2014 AED 75,000; 2015 AED 84,000; 2016 AED 85,000; 2017 AED 78,000; 2018 AED 70,000; 2019 AED 62,250; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 55,000; 2023 AED 63,750; 2024 AED 73,000; 2025 AED 75,000; 2026 AED 75,000New contract, January 2013: AED 56,847 a yearNew contract, January 2014: AED 57,000 a yearNew contract, March 2016: AED 127,370 a yearNew contract, February 2018: AED 72,000 a yearRenewal, February 2019: AED 72,000 a yearNew contract, August 2022: AED 63,000 a yearRenewal, August 2023: AED 66,000 a yearNew contract, March 2025: AED 77,000 a yearNew contract, March 2025: AED 77,000 a yearRenewal, March 2026: AED 77,000 a year

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 409 sits

All 162 1-beds →

409 last sold in July 2010 at AED 672 per sqft, 4% below what one-beds in V3 Tower were fetching at the time (AED 699). 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. 409's AED 77,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 2026970,000
11 Sep 20261,100,000
1 Jun 2026950,000
10 Mar 20261,000,000
7 1-bed sales in the last 12 months

V3 Tower

Building

328 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%
V3 Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 4th floor

All 328 units in V3 Tower
Value
4012-bedAED 1.43M · Jun 2023
4021-bedAED 558K · Apr 2010
4031-bedAED 1.25M · May 2014
4041-bedAED 700K · Dec 2017
4052-bedAED 1.11M · Mar 2021
4062-bedAED 1.9M · May 2025
4071-bedAED 1.09M · Nov 2017
1–7 of 9

409, V3 Tower in numbers

  • Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 26 July 2010 for AED 541,210, or AED 672 per sqft.
  • Rented since January 2013 on 10 Ejari contracts, from AED 56,847 to AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2010 price is 14.2%, before a service charge of about AED 10,000 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 March 2026.

Questions about 409, V3 Tower

What did unit 409 last sell for?

AED 541,210 on 26 July 2010, sold by the developer: AED 672 per sqft for 805 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 77,000 a year on the contract renewed on 15 March 2026. The previous contract, from March 2025, was AED 77,000; the unit has been rented since January 2013.

How big is unit 409?

805 sqft (74.8 sqm): a one-bedroom apartment on the 4th floor of a 37-storey tower completed in 2009.

What is unit 409 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 409, V3 Tower

Starts from the last sale price (AED 541K, 26 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 541,210
Deposit, UAE resident (20%)
AED 108,242
Deposit, non-resident (40%)
AED 216,484
Monthly over 25 years at 3.7%
AED 2,214

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →