1503, V3 Tower
Sold prices and rental history: sold once, by the developer in April 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, V3 Tower
What is 1503 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 April 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 846 sqft
- Floor
- 15th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,500 /yr
- Last sold
- AED 589K · April 2010
- Building
- V3 Tower
About 1503, V3 Tower
1503 is a one-bedroom apartment of 846 sqft on the 15th 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 20 April 2010 for AED 588,511, or AED 695 per sqft, in line with the AED 699 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 7 April 2021, is AED 53,000 a year: a gross yield of 9.0% on the 2010 price, before the service charge of about AED 10,500 a year.
Sales and rents for 1503 over time
1503 has sold once; 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 1503 sits
All 159 1-beds →1503 last sold in April 2010 at AED 695 per sqft, in line with what one-beds in V3 Tower were fetching at the time (AED 699). 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. 1503's AED 53,000 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 15th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,348 sqft | AED 1.65MAED 1,650,000 · Mar 2015March 2015 | 71,000 /yr | |
| 1502 | 1-bed | 806 sqft | AED 575KAED 575,000 · Mar 2012March 2012 | 46,000 /yr | |
| 1504 | 1-bed | 811 sqft | AED 675KAED 675,000 · Mar 2021March 2021 | 50,000 /yr | |
| 1505 | 2-bed | 1,625 sqft | AED 1.37MAED 1,368,203 · Jun 2010June 2010 | 130,000 /yr | |
| 1506 | 2-bed | 1,625 sqft | AED 1.35MAED 1,350,000 · Aug 2022August 2022 | 92,000 /yr | |
| 1507 | 1-bed | 811 sqft | AED 1.12MAED 1,120,000 · Jun 2025June 2025 | 80,000 /yr | |
| 1508 | 1-bed | 846 sqft | AED 571KAED 571,253 · Apr 2010April 2010 | 73,000 /yr | |
| 1509 | 1-bed | 805 sqft | AED 930KAED 930,000 · Sep 2024September 2024 | 78,000 /yr | |
| 1510 | 2-bed | 1,310 sqft | AED 1.5MAED 1,500,000 · Sep 2016September 2016 | 135,000 /yr |
1503, V3 Tower in numbers
- Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 20 April 2010 for AED 588,511, or AED 695 per sqft.
- Rented since August 2012 on 9 Ejari contracts, from AED 32,000 to AED 53,000 a year.
- At AED 53,000 a year the gross yield on the 2010 price is 9.0%, 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 7 April 2021.
Questions about 1503, V3 Tower
What did unit 1503 last sell for?
AED 588,511 on 20 April 2010, sold by the developer: AED 695 per sqft for 846 sqft. It is the only registered sale of the unit.
What is the rent for unit 1503?
AED 53,000 a year on the contract signed on 7 April 2021. The previous contract, from December 2019, was AED 65,000; the unit has been rented since August 2012.
How big is unit 1503?
846 sqft (78.6 sqm): a one-bedroom apartment on the 15th floor of a 37-storey tower completed in 2009.
What is unit 1503 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 1503, V3 Tower
Starts from the last sale price (AED 589K, 20 April 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 588,511
- Deposit, UAE resident (20%)
- AED 117,702
- Deposit, non-resident (40%)
- AED 235,404
- Monthly over 25 years at 3.7%
- AED 2,408
Plus AED 29,727 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →