703, V3 Tower
Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, V3 Tower
What is 703 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 423 sqft
- Floor
- 7th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 5,300 /yr
- Last sold
- AED 400K · January 2024
- Building
- V3 Tower
About 703, V3 Tower
703 is a one-bedroom apartment of 423 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 18 January 2024 for AED 400,000, or AED 945 per sqft, 6% below the AED 1,001 one-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 5 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 85,000 a year: a gross yield of 21.3% on the 2024 price, before the service charge of about AED 5,300 a year.
Sales and rents for 703 over time
703 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 703 sits
All 162 1-beds →703 last sold in January 2024 at AED 945 per sqft, 6% below what one-beds in V3 Tower were fetching at the time (AED 1,001). 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. 703's AED 85,000 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 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 | |
| 702 | 1-bed | 806 sqft | AED 1.03MAED 1,025,000 · May 2025May 2025 | 54,120 /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 |
703, V3 Tower in numbers
- Sold twice: first on 20 April 2010 for AED 776,700, last on 18 January 2024 for AED 400,000 (AED 945 per sqft).
- Rented since January 2024 on 5 Ejari contracts, from AED 80,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2024 price is 21.3%, before a service charge of about AED 5,300 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 1 February 2026.
Questions about 703, V3 Tower
What did unit 703 last sell for?
AED 400,000 on 18 January 2024: AED 945 per sqft for 423 sqft. The unit has 2 registered sales; the first was AED 776,700 in April 2010.
What is the rent for unit 703?
AED 85,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2026, was AED 125,000; the unit has been rented since January 2024.
How big is unit 703?
423 sqft (39.3 sqm): a one-bedroom apartment on the 7th floor of a 37-storey tower completed in 2009.
What is unit 703 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 703, V3 Tower
Starts from the last sale price (AED 400K, 18 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →