2-bed · 1,625 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 9th floor · completed 2009

905, V3 Tower

Sold prices and rental history: sold twice, last in June 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 905 · DLD and Ejari recordsUpdated 26 June 2019
Last soldAED 1.2M26 June 2019
Current rentAED 125K /yr15 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 905, V3 Tower

What is 905 worth today?

Last sold for AED 1,200,000 in 2019

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26 Jun 2019SoldReady
AED 1,200,000AED 738 per sqft
15 Feb 2018RentedRenewal
AED 125,000/yr12 months · AED 77 per sqft
15 Feb 2017RentedRenewal
AED 125,000/yr12 months · AED 77 per sqft
15 Feb 2016RentedRenewal
AED 125,000/yr12 months · AED 77 per sqft
15 Feb 2015RentedNew contract
AED 145,000/yr12 months · AED 89 per sqft
1 Apr 2014RentedNew contract
AED 125,000/yr12 months · AED 77 per sqft
20 Apr 2010Sold by developerReady
AED 1,343,771AED 826 per sqft

Source: Dubai Land Department. Updated 26 June 2019.

Key facts

Type
2-bed apartment
Size
1,625 sqft
Floor
9th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 20,300 /yr
Last sold
AED 1.2M · June 2019
Building
V3 Tower

About 905, V3 Tower

905 is a two-bedroom apartment of 1,625 sqft on the 9th 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 26 June 2019 for AED 1,200,000, or AED 738 per sqft, in line with the AED 756 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 15 February 2018, is AED 125,000 a year: a gross yield of 10.4% on the 2019 price, before the service charge of about AED 20,300 a year.

Sales and rents for 905 over time

Sales
Unit 905, each saleTypical two-bed in V3 Tower
1M2M2010201520202025Typical sale price by year: 2010 AED 1,163,855; 2011 AED 916,662; 2012 AED 1,015,168; 2013 AED 1,200,000; 2014 AED 1,700,000; 2015 AED 1,430,313; 2016 AED 1,455,000; 2017 AED 1,700,000; 2018 AED 1,235,000; 2019 AED 1,215,000; 2020 AED 1,110,282; 2021 AED 1,110,000; 2022 AED 1,225,000; 2023 AED 1,460,000; 2024 AED 1,875,000; 2025 AED 2,000,000; 2026 AED 2,100,000Sold by developer, April 2010: AED 1,343,771 (AED 826 per sqft)Sold, June 2019: AED 1,200,000 (AED 738 per sqft)

905 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 905, each contractTypical two-bed in V3 Tower
100K150K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 90,000; 2014 AED 110,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 105,000; 2019 AED 94,000; 2020 AED 79,500; 2021 AED 77,000; 2022 AED 84,000; 2023 AED 92,000; 2024 AED 115,000; 2025 AED 123,000; 2026 AED 120,000New contract, April 2014: AED 125,000 a yearNew contract, February 2015: AED 145,000 a yearRenewal, February 2016: AED 125,000 a yearRenewal, February 2017: AED 125,000 a yearRenewal, February 2018: AED 125,000 a year

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 905 sits

All 126 2-beds →

905 last sold in June 2019 at AED 738 per sqft, in line with what two-beds in V3 Tower were fetching at the time (AED 756). 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. 905's AED 125,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jul 20262,100,000
24 Jul 20262,300,000
12 Jan 20261,400,000
11 Dec 20252,190,000
5 2-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 9th floor

All 328 units in V3 Tower
Value
9012-bedAED 1.4M · Jan 2026
9021-bedAED 677K · May 2022
9031-bedAED 660K · Oct 2020
9041-bedAED 875K · Aug 2023
9062-bedAED 1.7M · Apr 2016
9071-bedAED 1.1M · Apr 2016
9081-bedAED 1.05M · Feb 2017
1–7 of 9

905, V3 Tower in numbers

  • Sold twice: first on 20 April 2010 for AED 1,343,771, last on 26 June 2019 for AED 1,200,000 (AED 738 per sqft).
  • Rented since April 2014 on 5 Ejari contracts, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2019 price is 10.4%, before a service charge of about AED 20,300 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 26 June 2019.

Questions about 905, V3 Tower

What did unit 905 last sell for?

AED 1,200,000 on 26 June 2019: AED 738 per sqft for 1,625 sqft. The unit has 2 registered sales; the first was AED 1,343,771 in April 2010.

What is the rent for unit 905?

AED 125,000 a year on the contract renewed on 15 February 2018. The previous contract, from February 2017, was AED 125,000; the unit has been rented since April 2014.

How big is unit 905?

1,625 sqft (151.0 sqm): a two-bedroom apartment on the 9th floor of a 37-storey tower completed in 2009.

What is unit 905 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 905, V3 Tower

Starts from the last sale price (AED 1.2M, 26 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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