1-bed · 811 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 6th floor · completed 2009

604, V3 Tower

Sold prices and rental history: sold twice, last in April 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 530K29 April 2012
Current rentAED 72K /yr12 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, V3 Tower

What is 604 worth today?

Last sold for AED 530,000 in 2012

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12 Aug 2024RentedRenewal
AED 72,000/yr12 months · AED 89 per sqft
12 Aug 2023RentedNew contract
AED 63,000/yr12 months · AED 78 per sqft
12 Aug 2022RentedRenewal
AED 53,000/yr12 months · AED 66 per sqft
12 Aug 2021RentedRenewal
AED 45,000/yr12 months · AED 56 per sqft
12 Aug 2020RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
23 Nov 2019RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
1 Mar 2017RentedNew contract
AED 90,000/yr12 months · AED 111 per sqft
4 Feb 2016RentedNew contract
AED 95,000/yr12 months · AED 118 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 August 2024.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
6th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 10,100 /yr
Last sold
AED 530K · April 2012
Building
V3 Tower

About 604, V3 Tower

604 is a one-bedroom apartment of 811 sqft on the 6th 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 29 April 2012 for AED 530,000, or AED 653 per sqft, 6% below the AED 696 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 12 August 2024, is AED 72,000 a year: a gross yield of 13.6% on the 2012 price, before the service charge of about AED 10,100 a year.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical one-bed in V3 Tower
500K750K1M20102014201820222026Typical sale price by year: 2010 AED 572,439; 2011 AED 525,750; 2012 AED 600,000; 2013 AED 745,000; 2014 AED 1,075,000; 2015 AED 985,000; 2016 AED 1,000,000; 2017 AED 975,000; 2018 AED 900,000; 2019 AED 573,643; 2020 AED 600,000; 2021 AED 733,000; 2022 AED 760,000; 2023 AED 850,000; 2024 AED 950,000; 2025 AED 975,000Sold, April 2012: AED 530,000 (AED 653 per sqft)Sold by developer, April 2012: AED 565,091 (AED 697 per sqft)

604 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 604, each contractTypical one-bed in V3 Tower
100K2012201620202024Typical rent by year: 2012 AED 52,000; 2013 AED 63,500; 2014 AED 75,000; 2015 AED 84,000; 2016 AED 85,000; 2017 AED 78,000; 2018 AED 70,000; 2019 AED 63,500; 2020 AED 50,000; 2021 AED 47,000; 2022 AED 55,000; 2023 AED 63,500; 2024 AED 73,000; 2025 AED 75,000; 2026 AED 79,000New contract, January 2014: AED 90,000 a yearNew contract, January 2015: AED 175,000 a yearNew contract, August 2015: AED 95,000 a yearNew contract, February 2016: AED 95,000 a yearNew contract, March 2017: AED 90,000 a yearNew contract, November 2019: AED 65,000 a yearNew contract, August 2020: AED 45,000 a yearRenewal, August 2021: AED 45,000 a yearRenewal, August 2022: AED 53,000 a yearNew contract, August 2023: AED 63,000 a yearRenewal, August 2024: AED 72,000 a year

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 604 sits

All 159 1-beds →

604 last sold in April 2012 at AED 653 per sqft, 6% below what one-beds in V3 Tower were fetching at the time (AED 696). 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. 604's AED 72,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Dec 2025970,000
10 Jun 20251,120,000
29 May 20251,025,000
6 Mar 2025950,000
1 1-bed sale 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 6th floor

All 328 units in V3 Tower
Value
6012-bedAED 1.35M · Sep 2013
6021-bedAED 520K · Oct 2011
6031-bedAED 573K · Apr 2010
6052-bedAED 1.08M · Nov 2015
6062-bedAED 1.2M · Apr 2010
6071-bedAED 548K · Apr 2010
6081-bedAED 1.02M · Mar 2015
1–7 of 9

604, V3 Tower in numbers

  • Sold twice: first on 25 April 2012 for AED 565,091, last on 29 April 2012 for AED 530,000 (AED 653 per sqft).
  • Rented since January 2014 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 45,000 in 2021 and recovered to AED 72,000 by August 2024.
  • At AED 72,000 a year the gross yield on the 2012 price is 13.6%, 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 12 August 2024.

Questions about 604, V3 Tower

What did unit 604 last sell for?

AED 530,000 on 29 April 2012: AED 653 per sqft for 811 sqft. The unit has 2 registered sales; the first was AED 565,091 in April 2012.

What is the rent for unit 604?

AED 72,000 a year on the contract renewed on 12 August 2024. The previous contract, from August 2023, was AED 63,000; the unit has been rented since January 2014.

How big is unit 604?

811 sqft (75.3 sqm): a one-bedroom apartment on the 6th floor of a 37-storey tower completed in 2009.

What is unit 604 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 604, V3 Tower

Starts from the last sale price (AED 530K, 29 April 2012). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

Plus AED 27,270 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →