PropertyIndex

V3

Completed · Q4 2009|331 units · 1 tower

Alerts: Get notified of every new DLD-registered sale and rental contract.

V3 is a completed apartment development by SHEIKH SUROOR BIN MOHD ALNEHAYAN in Jumeirah Lakes Towers, Al Thanyah Fifth, comprising 331 registered units. 639 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,259 per sqft. At AED 1,259 per sqft, V3 prices 31% below the Jumeirah Lakes Towers average of AED 1,829 per sqft on registered sales.

PIX© price · 3.8% YoY
1.64MAED
Typical
1,259AED
PSF
Gross yield
5.9%
PIX© rent ÷ PIX© price
Sale records
639
DLD · all time
Rent contracts
2,363
Ejari · all time
V3

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
411 – 3,016 sqft
3311.64M1,2593.8%96K5.9%
Residential
1 Bed · Apartment
805 – 855 sqft
162
2 Bed · Apartment
1,250 – 1,625 sqft
126
3 Bed · Apartment
1,775 – 3,016 sqft
40
Commercial
Office
411 sqft
1
Shop
858 – 1,659 sqft
2
Sales — Project-Wide639 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
28 Jul 20262 BedTower · Floor 211,6252,100,0001,292+31.3%StandardStandard Sale
24 Jul 20262 BedTower · Floor 221,6252,300,0001,415+13.6%StandardStandard Sale
1 Jun 20261 BedTower · Floor 20811950,0001,172+1.1%StandardStandard Sale
Rentals — Project-Wide2,363 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 341 rentals
Floors 1-27 · 304 rentals
Floors 28-37 · 37 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
31 Aug 20262 Bed1,624110,25068Standardrenewal
15 Aug 20261 BedTower · Floor 1384670,00083+4.9%Entry Levelnew
11 Aug 20261 BedTower · Floor 681174,000910.0%Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Jumeirah Lakes Towers

The closest-priced registered projects in Jumeirah Lakes Towers.

Common questions about V3

Answered from Dubai Land Department registered transactions.

How much does a property in V3 cost?

Property in V3 sells at a current PIX© price of AED 1,259 per sqft, or about AED 1,644,706 for a typical unit, based on 639 sales registered with the Dubai Land Department.

Is V3 completed?

Yes. V3 is recorded as completed in the Dubai Land Department project register (completed q4 2009).

Who is the developer of V3?

V3 is developed by SHEIKH SUROOR BIN MOHD ALNEHAYAN, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in V3?

V3 yields 5.9% gross, calculated from current PIX© rent against current PIX© sale price, across 2,363 registered Ejari contracts.

How many units are in V3?

V3 holds 331 registered units, per the Dubai Land Department unit register.

Have prices in V3 gone up or down?

Price per sqft has fallen -3.8% over the last 12 months, to AED 1,259, across 639 registered sales.