1-bed · 846 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 9th floor · completed 2009

908, V3 Tower

Sold prices and rental history: sold twice, last in February 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 908 · DLD and Ejari recordsUpdated 1 October 2022
Last soldAED 1.05M2 February 2017
Current rentAED 54K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, V3 Tower

What is 908 worth today?

Last sold for AED 1,050,000 in 2017

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1 Oct 2022RentedRenewal
AED 54,000/yr12 months · AED 64 per sqft
1 Oct 2021RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
15 Sep 2020RentedNew contract
AED 46,000/yr12 months · AED 54 per sqft
20 Feb 2017RentedNew contract
AED 88,000/yr12 months · AED 103 per sqft
2 Feb 2017SoldReady
AED 1,050,000AED 1,241 per sqft
29 Nov 2016Sold by developerReady
AED 560,898AED 662 per sqft

Source: Dubai Land Department. Updated 1 October 2022.

Key facts

Type
1-bed apartment
Size
846 sqft
Floor
9th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 10,500 /yr
Last sold
AED 1.05M · February 2017
Building
V3 Tower

About 908, V3 Tower

908 is a one-bedroom apartment of 846 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 2 February 2017 for AED 1,050,000, or AED 1,241 per sqft, in line with the AED 1,239 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 1 October 2022, is AED 54,000 a year: a gross yield of 5.1% on the 2017 price, before the service charge of about AED 10,500 a year.

Sales and rents for 908 over time

Sales
Unit 908, 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, November 2016: AED 560,898 (AED 662 per sqft)Sold, February 2017: AED 1,050,000 (AED 1,241 per sqft)

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

Rents
Unit 908, 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 75,000New contract, February 2017: AED 88,000 a yearNew contract, September 2020: AED 46,000 a yearNew contract, October 2021: AED 50,000 a yearRenewal, October 2022: AED 54,000 a year

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 908 sits

All 162 1-beds →

908 last sold in February 2017 at AED 1,241 per sqft, in line with what one-beds in V3 Tower were fetching at the time (AED 1,239). 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. 908's AED 54,000 is at the bottom of that range.

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 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
9052-bedAED 1.2M · Jun 2019
9062-bedAED 1.7M · Apr 2016
9071-bedAED 1.1M · Apr 2016
1–7 of 9

908, V3 Tower in numbers

  • Sold twice: first on 29 November 2016 for AED 560,898, last on 2 February 2017 for AED 1,050,000 (AED 1,241 per sqft).
  • Rented since February 2017 on 4 Ejari contracts. The rent fell from AED 88,000 to AED 46,000 in 2020 and recovered to AED 54,000 by October 2022.
  • At AED 54,000 a year the gross yield on the 2017 price is 5.1%, before a service charge of about AED 10,500 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 October 2022.

Questions about 908, V3 Tower

What did unit 908 last sell for?

AED 1,050,000 on 2 February 2017: AED 1,241 per sqft for 846 sqft. The unit has 2 registered sales; the first was AED 560,898 in November 2016.

What is the rent for unit 908?

AED 54,000 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 50,000; the unit has been rented since February 2017.

How big is unit 908?

846 sqft (78.6 sqm): a one-bedroom apartment on the 9th floor of a 37-storey tower completed in 2009.

What is unit 908 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 908, V3 Tower

Starts from the last sale price (AED 1.05M, 2 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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