1202, V3 Tower
Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, V3 Tower
What is 1202 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 31 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 806 sqft
- Floor
- 12th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,000 /yr
- Last sold
- AED 775K · May 2023
- Building
- V3 Tower
About 1202, V3 Tower
1202 is a one-bedroom apartment of 806 sqft on the 12th 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 23 May 2023 for AED 775,000, or AED 961 per sqft, in line with the AED 961 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 31 July 2025, is AED 74,000 a year: a gross yield of 9.6% on the 2023 price, before the service charge of about AED 10,000 a year.
Sales and rents for 1202 over time
1202 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 1202 sits
All 159 1-beds →1202 last sold in May 2023 at AED 961 per sqft, in line with what one-beds in V3 Tower were fetching at the time (AED 961). 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. 1202's AED 74,000 is in the lower half 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 12th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,348 sqft | AED 1.04MAED 1,039,196 · May 2010May 2010 | 100,050 /yr | |
| 1203 | 1-bed | 846 sqft | AED 583KAED 583,334 · May 2016May 2016 | 80,000 /yr | |
| 1204 | 1-bed | 811 sqft | AED 750KAED 750,000 · Aug 2021August 2021 | 77,000 /yr | |
| 1205 | 2-bed | 1,625 sqft | AED 1.36MAED 1,355,987 · May 2010May 2010 | 90,000 /yr | |
| 1206 | 2-bed | 1,625 sqft | AED 1.34MAED 1,335,626 · Jun 2015June 2015 | 100,596 /yr | |
| 1207 | 1-bed | 811 sqft | AED 900KAED 900,000 · Nov 2013November 2013 | 62,000 /yr | |
| 1208 | 1-bed | 846 sqft | AED 566KAED 566,076 · May 2010May 2010 | 73,500 /yr | |
| 1209 | 1-bed | 805 sqft | AED 975KAED 975,000 · Feb 2025February 2025 | 101,000 /yr | |
| 1210 | 2-bed | 1,310 sqft | AED 1.12MAED 1,115,000 · Feb 2022February 2022 | 143,000 /yr |
1202, V3 Tower in numbers
- Sold twice: first on 3 May 2010 for AED 571,653, last on 23 May 2023 for AED 775,000 (AED 961 per sqft).
- Rented since December 2013 on 4 Ejari contracts. The rent fell from AED 75,000 to AED 48,000 in 2020 and recovered to AED 74,000 by July 2025.
- At AED 74,000 a year the gross yield on the 2023 price is 9.6%, before a service charge of about AED 10,000 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 July 2025.
Questions about 1202, V3 Tower
What did unit 1202 last sell for?
AED 775,000 on 23 May 2023: AED 961 per sqft for 806 sqft. The unit has 2 registered sales; the first was AED 571,653 in May 2010.
What is the rent for unit 1202?
AED 74,000 a year on the contract signed on 31 July 2025. The previous contract, from April 2020, was AED 48,000; the unit has been rented since December 2013.
How big is unit 1202?
806 sqft (74.9 sqm): a one-bedroom apartment on the 12th floor of a 37-storey tower completed in 2009.
What is unit 1202 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.
Selling 1202? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1202, V3 Tower
Starts from the last sale price (AED 775K, 23 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 775,000
- Deposit, UAE resident (20%)
- AED 155,000
- Deposit, non-resident (40%)
- AED 310,000
- Monthly over 25 years at 3.7%
- AED 3,171
Plus AED 37,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →