802, V3 Tower
Sold prices and rental history: sold twice, last in December 2022, 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 802, V3 Tower
What is 802 worth today?
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Source: Dubai Land Department. Updated 19 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 806 sqft
- Floor
- 8th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,000 /yr
- Last sold
- AED 775K · December 2022
- Building
- V3 Tower
About 802, V3 Tower
802 is a one-bedroom apartment of 806 sqft on the 8th 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 19 December 2022 for AED 775,000, or AED 961 per sqft, in line with the AED 935 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 5 January 2021, is AED 43,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 10,000 a year.
Sales and rents for 802 over time
802 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 802 sits
All 162 1-beds →802 last sold in December 2022 at AED 961 per sqft, in line with what one-beds in V3 Tower were fetching at the time (AED 935). 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. 802's AED 43,000 is at the bottom 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 8th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 2-bed | 1,348 sqft | AED 1.03MAED 1,026,897 · Apr 2010April 2010 | 102,000 /yr | |
| 803 | 1-bed | 846 sqft | AED 576KAED 576,431 · May 2010May 2010 | 67,377 /yr | |
| 804 | 1-bed | 811 sqft | AED 568KAED 568,495 · Apr 2010April 2010 | 78,000 /yr | |
| 805 | 2-bed | 1,625 sqft | AED 1.9MAED 1,900,000 · Mar 2024March 2024 | 120,000 /yr | |
| 806 | 2-bed | 1,625 sqft | AED 1.79MAED 1,790,000 · Aug 2023August 2023 | 95,000 /yr | |
| 807 | 1-bed | 811 sqft | AED 635KAED 635,000 · Jan 2022January 2022 | 78,000 /yr | |
| 808 | 1-bed | 846 sqft | AED 755KAED 755,000 · Apr 2013April 2013 | 72,500 /yr | |
| 809 | 1-bed | 805 sqft | AED 915KAED 915,000 · Feb 2024February 2024 | 70,000 /yr | |
| 810 | 2-bed | 1,310 sqft | AED 1MAED 1,000,000 · Jul 2021July 2021 | 140,000 /yr |
802, V3 Tower in numbers
- Sold twice: first on 23 May 2010 for AED 564,888, last on 19 December 2022 for AED 775,000 (AED 961 per sqft).
- Rented since April 2017 on 4 Ejari contracts, from AED 90,000 to AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2022 price is 5.5%, 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 19 December 2022.
Questions about 802, V3 Tower
What did unit 802 last sell for?
AED 775,000 on 19 December 2022: AED 961 per sqft for 806 sqft. The unit has 2 registered sales; the first was AED 564,888 in May 2010.
What is the rent for unit 802?
AED 43,000 a year on the contract renewed on 5 January 2021. The previous contract, from January 2020, was AED 52,000; the unit has been rented since April 2017.
How big is unit 802?
806 sqft (74.9 sqm): a one-bedroom apartment on the 8th floor of a 37-storey tower completed in 2009.
What is unit 802 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 802, V3 Tower
Starts from the last sale price (AED 775K, 19 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 775,000
- Deposit, UAE resident (20%)
- AED 155,000
- Deposit, non-resident (40%)
- AED 310,000
- Monthly over 25 years at 3.7%
- AED 3,171
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →