1-bed · 811 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 6th floor · completed 2009

607, V3 Tower

Sold prices and rental history: sold once, by the developer in April 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 18 March 2021
Last soldAED 548K19 April 2010
Current rentAED 40K /yr18 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, V3 Tower

What is 607 worth today?

Last sold for AED 548,070 in 2010

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18 Mar 2021RentedRenewal
AED 40,000/yr12 months · AED 50 per sqft
18 Mar 2020RentedRenewal
AED 40,000/yr12 months · AED 50 per sqft
18 Mar 2019RentedRenewal
AED 74,000/yr12 months · AED 92 per sqft
18 Mar 2018RentedRenewal
AED 74,000/yr12 months · AED 92 per sqft
18 Mar 2017RentedRenewal
AED 74,000/yr12 months · AED 92 per sqft
18 Mar 2016RentedRenewal
AED 74,000/yr12 months · AED 92 per sqft
18 Mar 2015RentedNew contract
AED 73,000/yr12 months · AED 90 per sqft
19 Apr 2010Sold by developerReady
AED 548,070AED 676 per sqft

Source: Dubai Land Department. Updated 18 March 2021.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
6th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 10,100 /yr
Last sold
AED 548K · April 2010
Building
V3 Tower

About 607, V3 Tower

607 is a one-bedroom apartment of 811 sqft on the 6th 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 19 April 2010 for AED 548,070, or AED 676 per sqft, 4% below the AED 702 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 18 March 2021, is AED 40,000 a year: a gross yield of 7.3% on the 2010 price, before the service charge of about AED 10,100 a year.

Sales and rents for 607 over time

Sales
Unit 607, 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, April 2010: AED 548,070 (AED 676 per sqft)

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

Rents
Unit 607, each contractTypical one-bed in V3 Tower
50K75K2012201620202024Typical 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, March 2015: AED 73,000 a yearRenewal, March 2016: AED 74,000 a yearRenewal, March 2017: AED 74,000 a yearRenewal, March 2018: AED 74,000 a yearRenewal, March 2019: AED 74,000 a yearRenewal, March 2020: AED 40,000 a yearRenewal, March 2021: AED 40,000 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 607 sits

All 162 1-beds →

607 last sold in April 2010 at AED 676 per sqft, 4% below what one-beds in V3 Tower were fetching at the time (AED 702). 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. 607's AED 40,000 is at the bottom 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 6th floor

All 328 units in V3 Tower
Value
6012-bedAED 1.35M · Sep 2013
6021-bedAED 520K · Oct 2011
6031-bedAED 573K · Apr 2010
6041-bedAED 530K · Apr 2012
6052-bedAED 1.08M · Nov 2015
6062-bedAED 1.2M · Apr 2010
6081-bedAED 1.02M · Mar 2015
1–7 of 9

607, V3 Tower in numbers

  • Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 19 April 2010 for AED 548,070, or AED 676 per sqft.
  • Rented since March 2015 on 7 Ejari contracts, from AED 73,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2010 price is 7.3%, 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 18 March 2021.

Questions about 607, V3 Tower

What did unit 607 last sell for?

AED 548,070 on 19 April 2010, sold by the developer: AED 676 per sqft for 811 sqft. It is the only registered sale of the unit.

What is the rent for unit 607?

AED 40,000 a year on the contract renewed on 18 March 2021. The previous contract, from March 2020, was AED 40,000; the unit has been rented since March 2015.

How big is unit 607?

811 sqft (75.3 sqm): a one-bedroom apartment on the 6th floor of a 37-storey tower completed in 2009.

What is unit 607 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 607, V3 Tower

Starts from the last sale price (AED 548K, 19 April 2010). Switch to today's estimate once you have unlocked it.
Price
AED 548,070
Deposit, UAE resident (20%)
AED 109,614
Deposit, non-resident (40%)
AED 219,228
Monthly over 25 years at 3.7%
AED 2,242

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