504, V3 Tower
Sold prices and rental history: sold twice, last in August 2013, 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 504, V3 Tower
What is 504 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 17 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 811 sqft
- Floor
- 5th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,100 /yr
- Last sold
- AED 900K · August 2013
- Building
- V3 Tower
About 504, V3 Tower
504 is a one-bedroom apartment of 811 sqft on the 5th 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 14 August 2013 for AED 900,000, or AED 1,110 per sqft, 28% above the AED 869 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 17 September 2024, is AED 70,000 a year: a gross yield of 7.8% on the 2013 price, before the service charge of about AED 10,100 a year.
Sales and rents for 504 over time
504 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 504 sits
All 159 1-beds →504 last sold in August 2013 at AED 1,110 per sqft, 28% above what one-beds in V3 Tower were fetching at the time (AED 869). 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. 504's AED 70,000 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 5th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,348 sqft | AED 1.02MAED 1,017,674 · Apr 2010April 2010 | 85,000 /yr | |
| 502 | 1-bed | 806 sqft | AED 560KAED 559,814 · Apr 2010April 2010 | 60,000 /yr | |
| 503 | 1-bed | 846 sqft | AED 700KAED 700,000 · May 2021May 2021 | 70,000 /yr | |
| 505 | 2-bed | 1,625 sqft | AED 1.22MAED 1,216,859 · May 2010May 2010 | 106,050 /yr | |
| 506 | 2-bed | 1,625 sqft | AED 1.31MAED 1,307,123 · Jul 2010July 2010 | 117,000 /yr | |
| 507 | 1-bed | 811 sqft | AED 600KAED 600,000 · Dec 2020December 2020 | 78,000 /yr | |
| 508 | 1-bed | 846 sqft | AED 1MAED 1,000,000 · Apr 2018April 2018 | 72,000 /yr | |
| 509 | 1-bed | 805 sqft | AED 790KAED 790,000 · May 2013May 2013 | 70,000 /yr | |
| 510 | 2-bed | 1,310 sqft | AED 1.78MAED 1,775,000 · Oct 2023October 2023 | 65,000 /yr |
504, V3 Tower in numbers
- Sold twice: first on 6 May 2010 for AED 563,388, last on 14 August 2013 for AED 900,000 (AED 1,110 per sqft).
- Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 70,189 to AED 50,000 in 2021 and recovered to AED 70,000 by September 2024.
- At AED 70,000 a year the gross yield on the 2013 price is 7.8%, before a service charge of about AED 10,100 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 17 September 2024.
Questions about 504, V3 Tower
What did unit 504 last sell for?
AED 900,000 on 14 August 2013: AED 1,110 per sqft for 811 sqft. The unit has 2 registered sales; the first was AED 563,388 in May 2010.
What is the rent for unit 504?
AED 70,000 a year on the contract renewed on 17 September 2024. The previous contract, from September 2023, was AED 70,000; the unit has been rented since September 2013.
How big is unit 504?
811 sqft (75.3 sqm): a one-bedroom apartment on the 5th floor of a 37-storey tower completed in 2009.
What is unit 504 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 504, V3 Tower
Starts from the last sale price (AED 900K, 14 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →