1-bed · 811 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 7th floor · completed 2009

707, V3 Tower

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 22 January 2025
Last soldAED 617K9 July 2013
Current rentAED 90K /yr22 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, V3 Tower

What is 707 worth today?

Last sold for AED 617,238 in 2013

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22 Jan 2025RentedNew contract
AED 90,000/yr12 months · AED 111 per sqft
22 Jan 2024RentedRenewal
AED 85,000/yr12 months · AED 105 per sqft
22 Jan 2023RentedRenewal
AED 80,000/yr12 months · AED 99 per sqft
22 Jan 2022RentedNew contract
AED 80,000/yr12 months · AED 99 per sqft
19 Nov 2019RentedNew contract
AED 51,000/yr12 months · AED 63 per sqft
6 Nov 2018RentedNew contract
AED 75,000/yr12 months · AED 93 per sqft
15 Aug 2014RentedNew contract
AED 77,000/yr12 months · AED 95 per sqft
15 Aug 2013RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 January 2025.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
7th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 10,100 /yr
Last sold
AED 617K · July 2013
Building
V3 Tower

About 707, V3 Tower

707 is a one-bedroom apartment of 811 sqft on the 7th 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 9 July 2013 for AED 617,238, or AED 761 per sqft, 6% below the AED 806 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 22 January 2025, is AED 90,000 a year: a gross yield of 14.6% on the 2013 price, before the service charge of about AED 10,100 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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 by developer, July 2013: AED 617,238 (AED 761 per sqft)

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

Rents
Unit 707, each contractTypical one-bed in V3 Tower
40K60K80K2012201620202024Typical 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, August 2013: AED 70,000 a yearNew contract, August 2014: AED 77,000 a yearNew contract, November 2018: AED 75,000 a yearNew contract, November 2019: AED 51,000 a yearNew contract, January 2022: AED 80,000 a yearRenewal, January 2023: AED 80,000 a yearRenewal, January 2024: AED 85,000 a yearNew contract, January 2025: AED 90,000 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 707 sits

All 159 1-beds →

707 last sold in July 2013 at AED 761 per sqft, 6% below what one-beds in V3 Tower were fetching at the time (AED 806). 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. 707's AED 90,000 is in the upper half 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 7th floor

All 328 units in V3 Tower
Value
7012-bedAED 438K · Sep 2011
7021-bedAED 1.03M · May 2025
7031-bedAED 400K · Jan 2024
7041-bedAED 628K · May 2010
7052-bedAED 1.6M · Apr 2016
7062-bedAED 1.5M · Aug 2023
7081-bedAED 888K · Jul 2013
1–7 of 9

707, V3 Tower in numbers

  • Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 9 July 2013 for AED 617,238, or AED 761 per sqft.
  • Rented since August 2013 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 51,000 in 2019 and recovered to AED 90,000 by January 2025.
  • At AED 90,000 a year the gross yield on the 2013 price is 14.6%, 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 22 January 2025.

Questions about 707, V3 Tower

What did unit 707 last sell for?

AED 617,238 on 9 July 2013, sold by the developer: AED 761 per sqft for 811 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 90,000 a year on the contract signed on 22 January 2025. The previous contract, from January 2024, was AED 85,000; the unit has been rented since August 2013.

How big is unit 707?

811 sqft (75.3 sqm): a one-bedroom apartment on the 7th floor of a 37-storey tower completed in 2009.

What is unit 707 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 707, V3 Tower

Starts from the last sale price (AED 617K, 9 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 617,238
Deposit, UAE resident (20%)
AED 123,448
Deposit, non-resident (40%)
AED 246,895
Monthly over 25 years at 3.7%
AED 2,525

Plus AED 30,934 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →