V3 Tower
A 1 bed in V3 Tower costs a median AED 982,500, rents long-let for AED 77,000/yr (7.70% gross), and returns 13.94% short-let at the assumed 80% occupancy — +0.6 pts vs Jumeirah Lake Towers's 7.08% and +0.7 pts vs Dubai's 6.98% — from 22 sales and 92 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 1 bed
- 7 in 12 months
- Rental contracts · 1 bed
- 45 in 12 months
- Buy
- 982,500AED
- AED 1,242/sqft
- Long-let
- 77,000AED
- AED 95/sqft · 7.70%
- Short-let
- 13.94%
- AED 610/night · 0.76/sqft
Price per sqft: Median of 7 registered sales of ready units in the last 12 months, most recent June 2026.
Priced off the last 5 sales — most recent June 2026.
- Yield spread
- +0.6 pts
- vs the Jumeirah Lake Towers median for this unit type
- Turnover upside
- +4.0%
- new tenants pay more than sitting ones — 92 renewals
- AED/yr/sqft
- AED 95
- Sales
- 22
- Rental contracts
- 92
- Renewal rent
- AED 74,000/yr
- 12 months
- +0.0%
- 3 years
- +10.0%+3.2%/yr
Based on 22 sales and 92 rental contracts in the last 24 months. Rental data covers the whole V3 project, not this tower alone.
V3 Tower is an apartment building in Jumeirah Lake Towers, Dubai, one of the towers in the V3 development. The closest metro station is Damac Properties, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2015 to 2026, 450 registered sales in all — the 22 in the last 24 months are what every median above is computed from.
Rent history
Median annual rent per sqft registered in V3 Tower, by year.
Chart data: Jan 2015, 76 AED/yr/sqft; latest, Aug 2026, 82 AED/yr/sqft; peak, Oct 2015, 105 AED/yr/sqft.
Rents by bedroom type
Deltas compare each yield with the Jumeirah Lake Towers median for the same unit type. How these yields are computed
How these yields are computed
Short-let rates around V3 Tower
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Recent transactions
As filed with the Land Department — data to 2026-08-26.
15 resales in the last 12 months, against 23 a year on average over 2023–2025.
Sales
3 resales in the last 3 months.
Rental contracts
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
As registered
The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.
- Floors
- 38
- Flats
- 328
Nearby
- Metro
- Damac Properties
- Mall
- Marina Mall
- Landmark
- Burj Al Arab
Compare with nearby buildings
The most-traded buildings in Jumeirah Lake Towers, on the same figures over the same window.
- Highest rental yields in Jumeirah Lake Towers · V3 Tower places 29th of 31
- Dubai Gate One · 6.53%
- Lake Terrace · 7.24%
- Mbl Residence · 7.67%
- Lake View · 6.02%
- Goldcrest Views 2 · 4.00%
- Dubai Gate 2 · 10.46%
- Concorde Tower 1 · 7.14%
- Armada 3 · 7.04%
Common questions
- What is the rental yield in V3 Tower?
- V3 Tower returns 7.70% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 92 rental contracts registered in the last 24 months.
- How much does a 1 bedroom in V3 Tower cost?
- The median registered sale price is AED 982,500 (1,216 AED/sqft), from 22 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- What are apartments in V3 Tower selling for right now?
- Registered sales of ready units in V3 Tower over the last 12 months have a median of 1,242 AED/sqft, across 7 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
- Have prices in V3 Tower risen or fallen?
- Median price per square foot moved +3.3% over the last 12 months against the 12 before it, on 22 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does V3 Tower compare with Jumeirah Lake Towers?
- Its 7.70% gross yield sits +0.6 pts against the Jumeirah Lake Towers median of 7.08%, computed at the same bedroom grain over the same 24-month window.
V3 Tower rental record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 92 registered rental contracts in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
- Canonical record
- /rent/apartments/dubai/jumeirah-lake-towers/v3-tower
Cite as: Dubai Wealth Index. “V3 Tower rents and yield.” Jumeirah Lake Towers, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/jumeirah-lake-towers/v3-tower.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.