702, V3 Tower
Sold prices and rental history: sold twice, last in May 2025, 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 702, V3 Tower
What is 702 worth today?
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Source: Dubai Land Department. Updated 29 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 806 sqft
- Floor
- 7th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,000 /yr
- Last sold
- AED 1.03M · May 2025
- Building
- V3 Tower
About 702, V3 Tower
702 is a one-bedroom apartment of 806 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. It last sold on 29 May 2025 for AED 1,025,000, or AED 1,271 per sqft, 7% above the AED 1,185 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 15 April 2023, is AED 54,120 a year: a gross yield of 5.3% on the 2025 price, before the service charge of about AED 10,000 a year.
Sales and rents for 702 over time
702 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 702 sits
All 162 1-beds →702 last sold in May 2025 at AED 1,271 per sqft, 7% above what one-beds in V3 Tower were fetching at the time (AED 1,185). 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. 702's AED 54,120 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 7th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,348 sqft | AED 438KAED 437,983 · Sep 2011September 2011 | 100,000 /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 |
702, V3 Tower in numbers
- Sold twice: first on 26 March 2013 for AED 563,196, last on 29 May 2025 for AED 1,025,000 (AED 1,271 per sqft).
- Rented since April 2015 on 7 Ejari contracts. The rent fell from AED 77,000 to AED 41,000 in 2021 and recovered to AED 54,120 by April 2023.
- At AED 54,120 a year the gross yield on the 2025 price is 5.3%, 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 29 May 2025.
Questions about 702, V3 Tower
What did unit 702 last sell for?
AED 1,025,000 on 29 May 2025: AED 1,271 per sqft for 806 sqft. The unit has 2 registered sales; the first was AED 563,196 in March 2013.
What is the rent for unit 702?
AED 54,120 a year on the contract renewed on 15 April 2023. The previous contract, from April 2022, was AED 49,200; the unit has been rented since April 2015.
How big is unit 702?
806 sqft (74.9 sqm): a one-bedroom apartment on the 7th floor of a 37-storey tower completed in 2009.
What is unit 702 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 702, V3 Tower
Starts from the last sale price (AED 1.03M, 29 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,025,000
- Deposit, UAE resident (20%)
- AED 205,000
- Deposit, non-resident (40%)
- AED 410,000
- Monthly over 25 years at 3.7%
- AED 4,194
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →