508, V3 Tower
Sold prices and rental history: sold twice, last in April 2018, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, V3 Tower
What is 508 worth today?
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Source: Dubai Land Department. Updated 25 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 846 sqft
- Floor
- 5th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1M · April 2018
- Building
- V3 Tower
About 508, V3 Tower
508 is a one-bedroom apartment of 846 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 3 April 2018 for AED 1,000,000, or AED 1,181 per sqft, 6% above the AED 1,110 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 25 March 2026, is AED 74,000 a year: a gross yield of 7.4% on the 2018 price, before the service charge of about AED 10,500 a year.
Sales and rents for 508 over time
508 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 508 sits
All 162 1-beds →508 last sold in April 2018 at AED 1,181 per sqft, 6% above what one-beds in V3 Tower were fetching at the time (AED 1,110). 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. 508's AED 74,000 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 | |
| 507 | 1-bed | 811 sqft | AED 600KAED 600,000 · Dec 2020December 2020 | 78,000 /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 |
508, V3 Tower in numbers
- Sold twice: first on 16 May 2010 for AED 553,995, last on 3 April 2018 for AED 1,000,000 (AED 1,181 per sqft).
- Rented since December 2015 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 52,000 in 2021 and recovered to AED 74,000 by March 2026.
- At AED 74,000 a year the gross yield on the 2018 price is 7.4%, 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 March 2026.
Questions about 508, V3 Tower
What did unit 508 last sell for?
AED 1,000,000 on 3 April 2018: AED 1,181 per sqft for 846 sqft. The unit has 2 registered sales; the first was AED 553,995 in May 2010.
What is the rent for unit 508?
AED 74,000 a year on the contract signed on 25 March 2026. The previous contract, from May 2025, was AED 73,000; the unit has been rented since December 2015.
How big is unit 508?
846 sqft (78.6 sqm): a one-bedroom apartment on the 5th floor of a 37-storey tower completed in 2009.
What is unit 508 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 508, V3 Tower
Starts from the last sale price (AED 1M, 3 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →