3-bed · 2,849 sqftTamweel Tower, Jumeirah Lake Towers (JLT) · 30th floor · completed 2016

3003, Tamweel Tower

Sold prices and rental history: sold 3 times, last in September 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3003 · DLD and Ejari recordsUpdated 24 September 2017
Last soldAED 3.15M24 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3003, Tamweel Tower

What is 3003 worth today?

Last sold for AED 3,150,000 in 2017

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24 Sep 2017SoldReady
AED 3,150,000AED 1,105 per sqft
4 Jul 2012SoldReady
AED 1,027,500AED 360 per sqft
19 Oct 2009Sold by developerReady
AED 974,944AED 342 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 September 2017.

Key facts

Type
3-bed apartment
Size
2,849 sqft
Floor
30th of 33
Parking
B2-1,B2-2
Developer
Orient Insurance PJSC
Completed
2016
Service charge
AED 39,100 /yr
Last sold
AED 3.15M · September 2017

About 3003, Tamweel Tower

3003 is a three-bedroom apartment of 2,849 sqft on the 30th floor of Tamweel Tower, a 33-storey tower in Jumeirah Lake Towers (JLT) completed in 2016 by Orient Insurance PJSC. It last sold on 24 September 2017 for AED 3,150,000, or AED 1,105 per sqft, in line with the AED 1,105 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3003 over time

Sales
Unit 3003, each saleTypical three-bed in Tamweel Tower
2M2009201320172021Typical sale price by year: 2009 AED 988,392; 2010 AED 1,900,000; 2012 AED 1,180,000; 2017 AED 2,830,000; 2018 AED 2,727,500; 2023 AED 3,400,000Sold by developer, October 2009: AED 974,944 (AED 342 per sqft)Sold, July 2012: AED 1,027,500 (AED 360 per sqft)Sold, September 2017: AED 3,150,000 (AED 1,105 per sqft)

3003 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3003, each contractTypical three-bed in Tamweel Tower
200K20172019202120232025Typical rent by year: 2017 AED 170,000; 2018 AED 175,000; 2019 AED 177,500; 2020 AED 140,000; 2021 AED 142,522; 2022 AED 170,000; 2023 AED 264,000; 2024 AED 246,500

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

3-beds in Tamweel Tower, and where 3003 sits

All 28 3-beds →

3003 last sold in September 2017 at AED 1,105 per sqft, in line with what three-beds in Tamweel Tower were fetching at the time (AED 1,105).

Recent 3-bed salesUnit no.Price (AED)Summary
26 Apr 20244,500,000
28 Jul 20234,000,000
24 Jul 20233,725,000
12 Apr 20233,000,000
0 3-bed sales in the last 12 months

Tamweel Tower

Building

160 apartments, 2-bed to 3-bed over 33 floors in Jumeirah Lake Towers (JLT), completed in 2016 by Orient Insurance PJSC. 6 sold in the last 12 months.

Typical price per sqft
AED 1,529
Typical sale
AED 3.03M
Typical rent
AED 165K /yr
Typical yield
5.6%
Tamweel Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 30th floor

All 160 units in Tamweel Tower
Value
30013-bedAED 2.75M · Feb 2018
30023-bedAED 1.15M · Nov 2018
30043-bedAED 2.4M · Feb 2021

3003, Tamweel Tower in numbers

  • Sold 3 times: first on 19 October 2009 for AED 974,944, last on 24 September 2017 for AED 3,150,000 (AED 1,105 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 24 September 2017.

Questions about 3003, Tamweel Tower

What did unit 3003 last sell for?

AED 3,150,000 on 24 September 2017: AED 1,105 per sqft for 2,849 sqft. The unit has 3 registered sales; the first was AED 974,944 in October 2009.

How big is unit 3003?

2,849 sqft (264.7 sqm): a three-bedroom apartment on the 30th floor of a 33-storey tower completed in 2016.

What is unit 3003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 3003, Tamweel Tower

Starts from the last sale price (AED 3.15M, 24 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

Plus AED 137,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →