507, V3 Tower
Sold prices and rental history: sold 3 times, last in December 2020, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, V3 Tower
What is 507 worth today?
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Source: Dubai Land Department. Updated 26 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 811 sqft
- Floor
- 5th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,100 /yr
- Last sold
- AED 600K · December 2020
- Building
- V3 Tower
About 507, V3 Tower
507 is a one-bedroom apartment of 811 sqft on the 5th 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 17 December 2020 for AED 600,000, or AED 740 per sqft, in line with the AED 740 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 26 January 2026, is AED 78,000 a year: a gross yield of 13.0% on the 2020 price, before the service charge of about AED 10,100 a year.
Sales and rents for 507 over time
507 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 507 sits
All 162 1-beds →507 last sold in December 2020 at AED 740 per sqft, in line with what one-beds in V3 Tower were fetching at the time (AED 740). 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. 507's AED 78,000 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 5th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,348 sqft | AED 1.02MAED 1,017,674 · Apr 2010April 2010 | 85,000 /yr | |
| 502 | 1-bed | 806 sqft | AED 560KAED 559,814 · Apr 2010April 2010 | 60,000 /yr | |
| 503 | 1-bed | 846 sqft | AED 700KAED 700,000 · May 2021May 2021 | 70,000 /yr | |
| 504 | 1-bed | 811 sqft | AED 900KAED 900,000 · Aug 2013August 2013 | 75,000 /yr | |
| 505 | 2-bed | 1,625 sqft | AED 1.22MAED 1,216,859 · May 2010May 2010 | 106,050 /yr | |
| 506 | 2-bed | 1,625 sqft | AED 1.31MAED 1,307,123 · Jul 2010July 2010 | 135,000 /yr | |
| 508 | 1-bed | 846 sqft | AED 1MAED 1,000,000 · Apr 2018April 2018 | 74,000 /yr | |
| 509 | 1-bed | 805 sqft | AED 1MAED 1,000,000 · Mar 2026March 2026 | 70,000 /yr | |
| 510 | 2-bed | 1,310 sqft | AED 1.78MAED 1,775,000 · Oct 2023October 2023 | 120,000 /yr |
507, V3 Tower in numbers
- Sold 3 times: first on 29 August 2019 for AED 601,005, last on 17 December 2020 for AED 600,000 (AED 740 per sqft).
- Rented since November 2019 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 50,000 in 2021 and recovered to AED 78,000 by January 2026.
- At AED 78,000 a year the gross yield on the 2020 price is 13.0%, 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 26 January 2026.
Questions about 507, V3 Tower
What did unit 507 last sell for?
AED 600,000 on 17 December 2020: AED 740 per sqft for 811 sqft. The unit has 3 registered sales; the first was AED 601,005 in August 2019.
What is the rent for unit 507?
AED 78,000 a year on the contract signed on 26 January 2026. The previous contract, from October 2024, was AED 75,000; the unit has been rented since November 2019.
How big is unit 507?
811 sqft (75.3 sqm): a one-bedroom apartment on the 5th floor of a 37-storey tower completed in 2009.
What is unit 507 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 507, V3 Tower
Starts from the last sale price (AED 600K, 17 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →