2-bed · 1,625 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 2nd floor · completed 2009

206, V3 Tower

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 1.29M26 July 2010
Current rentAED 127K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, V3 Tower

What is 206 worth today?

Last sold for AED 1,294,906 in 2010

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1 May 2025RentedRenewal
AED 127,000/yr12 months · AED 78 per sqft
1 May 2025RentedRenewal
AED 127,000/yr12 months · AED 78 per sqft
1 May 2024RentedRenewal
AED 127,000/yr12 months · AED 78 per sqft
1 May 2023RentedNew contract
AED 105,000/yr12 months · AED 65 per sqft
5 Mar 2022RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft
20 Dec 2020RentedRenewal
AED 85,000/yr12 months · AED 52 per sqft
20 Dec 2019RentedRenewal
AED 95,000/yr12 months · AED 58 per sqft
20 Dec 2017RentedRenewal
AED 115,000/yr12 months · AED 71 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2025.

Key facts

Type
2-bed apartment
Size
1,625 sqft
Floor
2nd of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 20,300 /yr
Last sold
AED 1.29M · July 2010
Building
V3 Tower

About 206, V3 Tower

206 is a two-bedroom apartment of 1,625 sqft on the 2nd 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 26 July 2010 for AED 1,294,906, or AED 796 per sqft, in line with the AED 787 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 127,000 a year: a gross yield of 9.8% on the 2010 price, before the service charge of about AED 20,300 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical two-bed in V3 Tower
1M1.5M2M20102014201820222026Typical sale price by year: 2010 AED 1,154,905; 2011 AED 916,662; 2012 AED 1,002,971; 2013 AED 1,200,000; 2014 AED 1,700,000; 2015 AED 1,430,313; 2016 AED 1,455,000; 2017 AED 1,700,000; 2018 AED 1,235,000; 2019 AED 1,215,000; 2020 AED 1,110,282; 2021 AED 1,110,000; 2022 AED 1,225,000; 2023 AED 1,460,000; 2024 AED 1,875,000; 2025 AED 2,000,000Sold by developer, July 2010: AED 1,294,906 (AED 796 per sqft)

206 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 206, each contractTypical two-bed in V3 Tower
100K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 90,000; 2014 AED 110,000; 2015 AED 120,250; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 105,000; 2019 AED 93,000; 2020 AED 78,000; 2021 AED 75,000; 2022 AED 85,000; 2023 AED 92,000; 2024 AED 117,000; 2025 AED 125,000; 2026 AED 121,500New contract, September 2012: AED 92,500 a yearNew contract, March 2014: AED 135,000 a yearNew contract, March 2015: AED 135,000 a yearRenewal, March 2016: AED 135,000 a yearNew contract, December 2016: AED 120,000 a yearRenewal, December 2017: AED 115,000 a yearRenewal, December 2019: AED 95,000 a yearRenewal, December 2020: AED 85,000 a yearNew contract, March 2022: AED 95,000 a yearNew contract, May 2023: AED 105,000 a yearRenewal, May 2024: AED 127,000 a yearRenewal, May 2025: AED 127,000 a yearRenewal, May 2025: AED 127,000 a year

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 206 sits

All 125 2-beds →

206 last sold in July 2010 at AED 796 per sqft, in line with what two-beds in V3 Tower were fetching at the time (AED 787). 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. 206's AED 127,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Jan 20261,400,000
11 Dec 20252,190,000
29 May 20251,680,000
23 May 20251,900,000
2 2-bed sales in the last 12 months

V3 Tower

Building

328 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%
V3 Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 2nd floor

All 328 units in V3 Tower
Value
2012-bedAED 925K · May 2014
2021-bedAED 555K · Apr 2010
2031-bedAED 1.15M · Sep 2014
2041-bedAED 558K · Jun 2010
205AED 2.1M · Aug 2025
2071-bedAED 541K · Jul 2010
2081-bedAED 549K · Dec 2019
1–7 of 9

206, V3 Tower in numbers

  • Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 26 July 2010 for AED 1,294,906, or AED 796 per sqft.
  • Rented since September 2012 on 13 Ejari contracts, from AED 92,500 to AED 127,000 a year.
  • At AED 127,000 a year the gross yield on the 2010 price is 9.8%, 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 1 May 2025.

Questions about 206, V3 Tower

What did unit 206 last sell for?

AED 1,294,906 on 26 July 2010, sold by the developer: AED 796 per sqft for 1,625 sqft. It is the only registered sale of the unit.

What is the rent for unit 206?

AED 127,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2025, was AED 127,000; the unit has been rented since September 2012.

How big is unit 206?

1,625 sqft (151.0 sqm): a two-bedroom apartment on the 2nd floor of a 37-storey tower completed in 2009.

What is unit 206 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 206, V3 Tower

Starts from the last sale price (AED 1.29M, 26 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,294,906
Deposit, UAE resident (20%)
AED 258,981
Deposit, non-resident (40%)
AED 517,962
Monthly over 25 years at 3.7%
AED 5,298

Plus AED 59,396 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →