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1-bed · 811 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 7th floor · completed 2009

704, V3 Tower

Sold prices and rental history: sold once, by the developer in May 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 23 May 2010
Last soldAED 628K23 May 2010
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 704, V3 Tower

What is 704 worth today?

Last sold for AED 628,153 in 2010

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23 May 2010Sold by developerReady
AED 628,153AED 774 per sqft

Source: Dubai Land Department. Updated 23 May 2010.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
7th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 10,100 /yr
Last sold
AED 628K · May 2010
Building
V3 Tower

About 704, V3 Tower

704 is a one-bedroom apartment of 811 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 23 May 2010 for AED 628,153, or AED 774 per sqft, 11% above the AED 700 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, 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, May 2010: AED 628,153 (AED 774 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in V3 Tower
40K60K80K2012201620202024Typical 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 75,000

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 704 sits

All 162 1-beds →

704 last sold in May 2010 at AED 774 per sqft, 11% above what one-beds in V3 Tower were fetching at the time (AED 700). 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.

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 7th floor

All 328 units in V3 Tower
Value
7012-bedAED 438K · Sep 2011
7021-bedAED 1.03M · May 2025
7031-bedAED 400K · Jan 2024
7052-bedAED 1.6M · Apr 2016
7062-bedAED 1.5M · Aug 2023
7071-bedAED 617K · Jul 2013
7081-bedAED 888K · Jul 2013
1–7 of 9

704, V3 Tower in numbers

  • Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 23 May 2010 for AED 628,153, or AED 774 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 23 May 2010.

Questions about 704, V3 Tower

What did unit 704 last sell for?

AED 628,153 on 23 May 2010, sold by the developer: AED 774 per sqft for 811 sqft. It is the only registered sale of the unit.

How big is unit 704?

811 sqft (75.3 sqm): a one-bedroom apartment on the 7th floor of a 37-storey tower completed in 2009.

What is unit 704 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 704, V3 Tower

Starts from the last sale price (AED 628K, 23 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 628,153
Deposit, UAE resident (20%)
AED 125,631
Deposit, non-resident (40%)
AED 251,261
Monthly over 25 years at 3.7%
AED 2,570

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