Studio · 442 sqftThe V Tower, Dubailand Residence Complex · 4th floor · completed 2023

406, The V Tower

Sold prices and rental history: sold once, by the developer in October 2020, and rented once, from February 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 390K1 October 2020
Current rentAED 40K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, The V Tower

What is 406 worth today?

Last sold for AED 390,000 in 2020

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1 Feb 2024RentedNew contract
AED 40,000/yr12 months · AED 91 per sqft
1 Oct 2020Sold by developerOff-plan
AED 390,000AED 881 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
Studio apartment
Size
442 sqft
Floor
4th of 17
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 5,800 /yr
Last sold
AED 390K · October 2020
Building
The V Tower

About 406, The V Tower

406 is a studio of 442 sqft on the 4th floor of The V Tower, a 17-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 1 October 2020 for AED 390,000, or AED 881 per sqft, in line with the AED 899 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2024. The current contract, signed on 1 February 2024, is AED 40,000 a year: a gross yield of 10.3% on the 2020 price, before the service charge of about AED 5,800 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical studio in The V Tower
400K500K2020202220242026Typical sale price by year: 2020 AED 370,354; 2021 AED 371,111; 2022 AED 398,060; 2023 AED 495,801; 2024 AED 422,500; 2025 AED 492,500; 2026 AED 495,000Sold by developer, October 2020: AED 390,000 (AED 881 per sqft)

406 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 406, each contractTypical studio in The V Tower
40K42K44K2024202520262027Typical rent by year: 2024 AED 40,000; 2025 AED 43,000; 2026 AED 43,500New contract, February 2024: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in The V Tower, and where 406 sits

All 114 studios →

406 last sold in October 2020 at AED 881 per sqft, in line with what studios in The V Tower were fetching at the time (AED 899). Over the last 12 months studios sold for AED 470,800 to 500,000, around AED 1,163 per sqft, and rent for AED 36,750 to 53,000 a year. 406's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Feb 2026500,000
22 Jan 2026470,800
5 Jan 2026495,000
11 Dec 2025495,000
4 studio sales in the last 12 months

The V Tower

Building

364 apartments, studios to 3-bed over 17 floors in Dubailand Residence Complex, completed in 2023 by Tiger Properties. 12 sold in the last 12 months.

Typical price per sqft
AED 1,081 Up 10.9%
Typical sale
AED 760K
Typical rent
AED 55K /yr
Typical yield
7.9%
The V Tower, Dubailand Residence Complex: prices, sales and rents →

Other units on the 4th floor

All 364 units in The V Tower
Value
4013-bedAED 1.1M · Oct 2023
4021-bedNo registered sale
4031-bedAED 579K · Nov 2023
4041-bedAED 700K · Jul 2024
4053-bedNo registered sale
4073-bedNo registered sale
4081-bedAED 655K · Oct 2023
1–7 of 21

406, The V Tower in numbers

  • Sold once: by Tiger Properties on 1 October 2020 for AED 390,000, or AED 881 per sqft.
  • Rented since February 2024 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2020 price is 10.3%, before a service charge of about AED 5,800 a year (AED 13.05 per sqft).
  • Studios in The V Tower sold for AED 470,800–500,000 in the 12 months to November 2026; the building's median across all types is AED 1,081 per sqft.

Source: Dubai Land Department. Updated 1 February 2024.

Questions about 406, The V Tower

What did unit 406 last sell for?

AED 390,000 on 1 October 2020, sold by the developer: AED 881 per sqft for 442 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 40,000 a year on the contract signed on 1 February 2024.

How big is unit 406?

442 sqft (41.1 sqm): a studio on the 4th floor of a 17-storey tower completed in 2023.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The V Tower sold for AED 470,800 to 500,000 in the last 12 months, around AED 1,163 per sqft.

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Mortgage on 406, The V Tower

Starts from the last sale price (AED 390K, 1 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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