1306, V3 Tower
Sold prices and rental history: sold once, by the developer in February 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1306, V3 Tower
What is 1306 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,625 sqft
- Floor
- 13th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.05M · February 2012
- Building
- V3 Tower
About 1306, V3 Tower
1306 is a two-bedroom apartment of 1,625 sqft on the 13th floor of V3 Tower, a 37-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by Sheikh Suroor Bin Mohd Alnehayan. The developer sold it on 29 February 2012 for AED 1,050,000, or AED 646 per sqft, in line with the AED 634 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 25 July 2024, is AED 100,000 a year: a gross yield of 9.5% on the 2012 price, before the service charge of about AED 20,300 a year.
Sales and rents for 1306 over time
1306 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in V3 Tower, and where 1306 sits
All 125 2-beds →1306 last sold in February 2012 at AED 646 per sqft, in line with what two-beds in V3 Tower were fetching at the time (AED 634). Over the last 12 months two-beds sold for AED 1,400,000 to 2,190,000, around AED 1,193 per sqft, and rent for AED 90,000 to 160,000 a year. 1306's AED 100,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jan 202612 January 2026 | 1,348 sqft | 1,400,000 | 1,038 | ||
| 11 Dec 202511 December 2025 | 1,625 sqft | 2,190,000 | 1,347 | ||
| 29 May 202529 May 2025 | 1,625 sqft | 1,680,000 | 1,033 | ||
| 23 May 202523 May 2025 | 1,625 sqft | 1,900,000 | 1,168 |
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 13th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,348 sqft | AED 1.04MAED 1,042,271 · May 2010May 2010 | 108,000 /yr | |
| 1302 | 1-bed | 806 sqft | AED 573KAED 573,344 · Jun 2010June 2010 | 75,000 /yr | |
| 1303 | 1-bed | 846 sqft | AED 585KAED 585,060 · Aug 2015August 2015 | 66,728 /yr | |
| 1304 | 1-bed | 811 sqft | AED 950KAED 950,000 · Jul 2024July 2024 | 75,000 /yr | |
| 1305 | 2-bed | 1,625 sqft | AED 2.12MAED 2,120,000 · Dec 2016December 2016 | 130,000 /yr | |
| 1307 | 1-bed | 811 sqft | AED 620KAED 620,000 · Nov 2021November 2021 | 70,000 /yr | |
| 1308 | 1-bed | 846 sqft | AED 568KAED 567,801 · May 2010May 2010 | 68,200 /yr | |
| 1309 | 1-bed | 805 sqft | AED 950KAED 950,000 · Mar 2025March 2025 | 65,000 /yr | |
| 1310 | 2-bed | 1,310 sqft | AED 1.13MAED 1,130,000 · Nov 2021November 2021 | 90,000 /yr |
1306, V3 Tower in numbers
- Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 29 February 2012 for AED 1,050,000, or AED 646 per sqft.
- Rented since January 2017 on 7 Ejari contracts. The rent fell from AED 115,500 to AED 83,000 in 2021 and recovered to AED 100,000 by July 2024.
- At AED 100,000 a year the gross yield on the 2012 price is 9.5%, before a service charge of about AED 20,300 a year (AED 12.46 per sqft).
- Two-beds in V3 Tower sold for AED 1,400,000–2,190,000 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 25 July 2024.
Questions about 1306, V3 Tower
What did unit 1306 last sell for?
AED 1,050,000 on 29 February 2012, sold by the developer: AED 646 per sqft for 1,625 sqft. It is the only registered sale of the unit.
What is the rent for unit 1306?
AED 100,000 a year on the contract renewed on 25 July 2024. The previous contract, from July 2023, was AED 100,000; the unit has been rented since January 2017.
How big is unit 1306?
1,625 sqft (151.0 sqm): a two-bedroom apartment on the 13th floor of a 37-storey tower completed in 2009.
What is unit 1306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in V3 Tower sold for AED 1,400,000 to 2,190,000 in the last 12 months, around AED 1,193 per sqft.
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Mortgage on 1306, V3 Tower
Starts from the last sale price (AED 1.05M, 29 February 2012). 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 AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →