Dubai project data
V3: rents and rent contracts
في 3
Registered sales and rent contracts for the project V3 in Jumeirah Lakes Towers, from Dubai Land Department open data.
V3 (Jumeirah Lakes Towers): 168 registered rent contracts in the 12 months to September 2026, median annual rent AED 85,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.
Key figures, last 12 months
Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026
- Median sale price
- AED 1.1m
- Off-plan share of sales
- under 3
- Median annual rent
- AED 85,000
- Gross rental yield
- under 30 sales (15)
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
Registered mortgage transactions only, without interest rates and without lenders.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Off-plan and ready sales in V3
| Status | Sales | Median per sq ft | Middle range per sq ft |
|---|---|---|---|
| Off-plan | under 3 | under 3 | under 3 |
| Ready | 15 | AED 1,292 per sq ft | 1,221 – 1,415 |
Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Rents and rental yield in V3
- Median annual rent per sq ft
- AED 92 per sq ft
- Gross rental yield
- under 30 sales (15)
The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index
Too few ready apartment sales for a gross rental yield: 15 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price per sq ft and rents by unit type in V3
| Unit type | Sales | Median per sq ft | Median annual rent | Gross yield |
|---|---|---|---|---|
| 1 bedroom | 8 | AED 1,242 per sq ft | AED 75,000 | under 30 sales (8) |
| 2 bedrooms | 5 | AED 1,347 per sq ft | AED 120,000 | under 30 sales (5) |
| 3 bedrooms | under 3 | under 3 | AED 185,000 | under 3 sales |
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price trend in V3
| Month | Sales | Median per sq ft | Rent contracts |
|---|---|---|---|
| Oct 2024 | under 3 | under 3 | 12 |
| Nov 2024 | under 3 | under 3 | 12 |
| Dec 2024 | 4 | AED 1,200 per sq ft | 14 |
| Jan 2025 | 3 | AED 1,246 per sq ft | 17 |
| Feb 2025 | 4 | AED 1,203 per sq ft | 13 |
| Mar 2025 | under 3 | under 3 | 18 |
| Apr 2025 | under 3 | under 3 | 9 |
| May 2025 | 4 | AED 1,169 per sq ft | 14 |
| Jun 2025 | under 3 | under 3 | 16 |
| Jul 2025 | under 3 | under 3 | 12 |
| Aug 2025 | under 3 | under 3 | 9 |
| Sep 2025 | under 3 | under 3 | 16 |
| Oct 2025 | 3 | AED 1,252 per sq ft | 11 |
| Nov 2025 | under 3 | under 3 | 17 |
| Dec 2025 | under 3 | under 3 | 10 |
| Jan 2026 | under 3 | under 3 | 21 |
| Feb 2026 | under 3 | under 3 | 15 |
| Mar 2026 | under 3 | under 3 | 17 |
| Apr 2026 | under 3 | under 3 | 11 |
| May 2026 | under 3 | under 3 | 11 |
| Jun 2026 | under 3 | under 3 | 14 |
| Jul 2026 | under 3 | under 3 | 12 |
| Aug 2026 | under 3 | under 3 | 13 |
| Sep 2026 | under 3 | under 3 | 16 |
| Year | Sales | Median per sq ft |
|---|---|---|
| 2010 | 197 | AED 719 per sq ft |
| 2011 | 38 | AED 645 per sq ft |
| 2012 | 58 | AED 660 per sq ft |
| 2013 | 81 | AED 874 per sq ft |
| 2014 | 42 | AED 1,276 per sq ft |
| 2015 | 20 | AED 1,168 per sq ft |
| 2016 | 27 | AED 1,092 per sq ft |
| 2017 | 17 | AED 1,107 per sq ft |
| 2018 | 18 | AED 965 per sq ft |
| 2019 | 12 | AED 738 per sq ft |
| 2020 | 11 | AED 740 per sq ft |
| 2021 | 21 | AED 827 per sq ft |
| 2022 | 21 | AED 855 per sq ft |
| 2023 | 27 | AED 1,005 per sq ft |
| 2024 | 20 | AED 1,169 per sq ft |
| 2025 | 23 | AED 1,252 per sq ft |
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Location
V3 is a project in the DLD area Al Thanyah Fifth.
Figures for Jumeirah Lakes Towers
Names as in the registered transactions and rent contracts; company names are not shown.
More projects in Jumeirah Lakes Towers
- ELTIERA VIEWS 626 registered transactions and rent contracts in 12 months.
- LAKE TERRACE 380 registered transactions and rent contracts in 12 months.
- NEW DUBAI GATE1 372 registered transactions and rent contracts in 12 months.
- ELTIERA HEIGHTS 300 registered transactions and rent contracts in 12 months.
- DUBAI ARCH TOWER 237 registered transactions and rent contracts in 12 months.
- LAKE CITY TOWER 234 registered transactions and rent contracts in 12 months.
Questions about V3
- How many sales were registered in V3?
- 15 sales were registered in V3 in Oct 2025 – Sep 2026.
- What is the median price per sq ft in V3?
- The median price of registered sales in V3 was AED 1,292 per sq ft in Oct 2025 – Sep 2026.
- What is the median annual rent in V3?
- The median annual rent of registered rent contracts in V3 was AED 85,000 in Oct 2025 – Sep 2026.
- Which DLD area is V3 in?
- V3 is registered in the Dubai Land Department area Al Thanyah Fifth (Jumeirah Lakes Towers).
Method and source
All Dubai projects with figuresAll Dubai areasHow these figures are calculated
Figures based on fewer than 3 records are not shown.
Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.
Open data portal: data.dubai · Licence: Dubai Open Data Licence
- Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae