1003, V3 Tower
Sold prices and rental history: sold twice, last in October 2012, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1003, V3 Tower
What is 1003 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 31 August 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 846 sqft
- Floor
- 10th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,500 /yr
- Last sold
- AED 710K · October 2012
- Building
- V3 Tower
About 1003, V3 Tower
1003 is a one-bedroom apartment of 846 sqft on the 10th 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 3 October 2012 for AED 710,000, or AED 839 per sqft, 17% above the AED 715 one-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 31 August 2020, is AED 50,000 a year: a gross yield of 7.0% on the 2012 price, before the service charge of about AED 10,500 a year.
Sales and rents for 1003 over time
1003 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 1003 sits
All 159 1-beds →1003 last sold in October 2012 at AED 839 per sqft, 17% above what one-beds in V3 Tower were fetching at the time (AED 715). Over the last 12 months one-beds sold for AED 970,000, around AED 1,204 per sqft, and rent for AED 73,500 to 101,000 a year. 1003's AED 50,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Dec 202511 December 2025 | 805 sqft | 970,000 | 1,204 | ||
| 10 Jun 202510 June 2025 | 811 sqft | 1,120,000 | 1,381 | ||
| 29 May 202529 May 2025 | 806 sqft | 1,025,000 | 1,271 | ||
| 6 Mar 20256 March 2025 | 805 sqft | 950,000 | 1,179 |
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. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,276
- Typical sale
- AED 1.8M
- Typical rent
- AED 90K /yr
- Typical yield
- 7.5%
Other units on the 10th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,348 sqft | AED 1.39MAED 1,385,000 · Mar 2023March 2023 | 130,000 /yr | |
| 1002 | 1-bed | 806 sqft | AED 1.28MAED 1,275,000 · Mar 2014March 2014 | 60,552 /yr | |
| 1004 | 1-bed | 811 sqft | AED 572KAED 571,899 · May 2010May 2010 | 76,500 /yr | |
| 1005 | 2-bed | 1,625 sqft | AED 1.24MAED 1,235,522 · Apr 2010April 2010 | 89,000 /yr | |
| 1006 | 2-bed | 1,625 sqft | AED 2MAED 2,000,000 · Dec 2024December 2024 | 135,000 /yr | |
| 1007 | 1-bed | 811 sqft | AED 610KAED 610,366 · Apr 2010April 2010 | 77,000 /yr | |
| 1008 | 1-bed | 846 sqft | AED 860KAED 860,000 · Oct 2023October 2023 | 54,000 /yr | |
| 1009 | 1-bed | 805 sqft | AED 970KAED 970,000 · Apr 2015April 2015 | 57,000 /yr | |
| 1010 | 2-bed | 1,310 sqft | AED 840KAED 840,000 · Sep 2012September 2012 | 120,000 /yr |
1003, V3 Tower in numbers
- Sold twice: first on 20 April 2010 for AED 579,882, last on 3 October 2012 for AED 710,000 (AED 839 per sqft).
- Rented since February 2014 on 3 Ejari contracts, from AED 87,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2012 price is 7.0%, before a service charge of about AED 10,500 a year (AED 12.46 per sqft).
- One-beds in V3 Tower sold for AED 970,000–970,000 in the 12 months to November 2026; the building's median across all types is AED 1,276 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 31 August 2020.
Questions about 1003, V3 Tower
What did unit 1003 last sell for?
AED 710,000 on 3 October 2012: AED 839 per sqft for 846 sqft. The unit has 2 registered sales; the first was AED 579,882 in April 2010.
What is the rent for unit 1003?
AED 50,000 a year on the contract signed on 31 August 2020. The previous contract, from February 2019, was AED 70,000; the unit has been rented since February 2014.
How big is unit 1003?
846 sqft (78.6 sqm): a one-bedroom apartment on the 10th floor of a 37-storey tower completed in 2009.
What is unit 1003 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 970,000 to 970,000 in the last 12 months, around AED 1,204 per sqft.
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Mortgage on 1003, V3 Tower
Starts from the last sale price (AED 710K, 3 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 710,000
- Deposit, UAE resident (20%)
- AED 142,000
- Deposit, non-resident (40%)
- AED 284,000
- Monthly over 25 years at 3.7%
- AED 2,905
Plus AED 34,830 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →