701, V3 Tower
Sold prices and rental history: sold once, by the developer in September 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, V3 Tower
What is 701 worth today?
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Source: Dubai Land Department. Updated 8 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,348 sqft
- Floor
- 7th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 16,800 /yr
- Last sold
- AED 438K · September 2011
- Building
- V3 Tower
About 701, V3 Tower
701 is a two-bedroom apartment of 1,348 sqft on the 7th 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 28 September 2011 for AED 437,983, or AED 325 per sqft, 49% below the AED 634 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 12 Ejari contracts. The current contract, signed on 8 June 2026, is AED 100,000 a year: a gross yield of 22.8% on the 2011 price, before the service charge of about AED 16,800 a year.
Sales and rents for 701 over time
701 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in V3 Tower, and where 701 sits
All 126 2-beds →701 last sold in September 2011 at AED 325 per sqft, 49% below what two-beds in V3 Tower were fetching at the time (AED 634). Over the last 12 months two-beds sold for AED 1,400,000 to 2,300,000, around AED 1,347 per sqft, and rent for AED 90,000 to 160,000 a year. 701's AED 100,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jul 202628 July 2026 | 1,625 sqft | 2,100,000 | 1,292 | ||
| 24 Jul 202624 July 2026 | 1,625 sqft | 2,300,000 | 1,415 | ||
| 12 Jan 202612 January 2026 | 1,348 sqft | 1,400,000 | 1,038 | ||
| 11 Dec 202511 December 2025 | 1,625 sqft | 2,190,000 | 1,347 |
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 7th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 806 sqft | AED 1.03MAED 1,025,000 · May 2025May 2025 | 54,120 /yr | |
| 703 | 1-bed | 423 sqft | AED 400KAED 400,000 · Jan 2024January 2024 | 125,000 /yr | |
| 704 | 1-bed | 811 sqft | AED 628KAED 628,153 · May 2010May 2010 | ||
| 705 | 2-bed | 1,625 sqft | AED 1.6MAED 1,600,000 · Apr 2016April 2016 | 85,000 /yr | |
| 706 | 2-bed | 1,625 sqft | AED 1.5MAED 1,500,000 · Aug 2023August 2023 | 135,000 /yr | |
| 707 | 1-bed | 811 sqft | AED 617KAED 617,238 · Jul 2013July 2013 | 74,000 /yr | |
| 708 | 1-bed | 846 sqft | AED 888KAED 888,000 · Jul 2013July 2013 | 80,000 /yr | |
| 709 | 1-bed | 805 sqft | AED 523KAED 523,341 · Mar 2011March 2011 | 77,000 /yr | |
| 710 | 2-bed | 1,310 sqft | AED 1.3MAED 1,300,000 · Nov 2022November 2022 |
701, V3 Tower in numbers
- Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 28 September 2011 for AED 437,983, or AED 325 per sqft.
- Rented since March 2017 on 12 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2022 and recovered to AED 100,000 by June 2026.
- At AED 100,000 a year the gross yield on the 2011 price is 22.8%, before a service charge of about AED 16,800 a year (AED 12.46 per sqft).
- Two-beds in V3 Tower sold for AED 1,400,000–2,300,000 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 8 June 2026.
Questions about 701, V3 Tower
What did unit 701 last sell for?
AED 437,983 on 28 September 2011, sold by the developer: AED 325 per sqft for 1,348 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 100,000 a year on the contract signed on 8 June 2026. The previous contract, from April 2026, was AED 120,000; the unit has been rented since March 2017.
How big is unit 701?
1,348 sqft (125.2 sqm): a two-bedroom apartment on the 7th floor of a 37-storey tower completed in 2009.
What is unit 701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in V3 Tower sold for AED 1,400,000 to 2,300,000 in the last 12 months, around AED 1,347 per sqft.
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Mortgage on 701, V3 Tower
Starts from the last sale price (AED 438K, 28 September 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 437,983
- Deposit, UAE resident (20%)
- AED 87,597
- Deposit, non-resident (40%)
- AED 175,193
- Monthly over 25 years at 3.7%
- AED 1,792
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →