V3 Tower, JLT

V3 Tower, JLT

HIGHLIGHTS

About V3 Tower

V3 Tower is a residential high-rise building in Cluster V of Jumeirah Lake Towers. It is almost 5 minutes away from Sheikh Zayed Road and a short drive away from Dubai Marina, Dubai Media City and Dubai Internet City. The tower was developed by Nakheel Properties in 2009. The building offers 292 apartments in 1-bedroom, 2-bedroom and 3 bedroom configurations.

V3 Tower JLT
A view of V3 Tower in JLT

The 39-storey building is located in one of the most bustling districts in the emirate. Jumeirah Lake Towers has all the urban amenities including supermarkets, schools, restaurants and public transport. Facilities in V3 Tower are also on par with international standards.

IN A NUTSHELL

  • A 39-storey residential building in Cluster V, JLT
  • Offers 292 apartments in 1, 2 and 3-bedroom configurations
  • Houses a gym, sauna, Jacuzzi and swimming pool
  • Metro station, bus stops and community parks are located nearby
  • 5 minutes away from Shaikh Zayed Road

BUILDING DETAILS

Facilities in V3 Tower

Parking

Residents can use covered parking in V3 Tower, JLT. All apartments get one dedicated parking spot

Elevators

There are multiple high-speed elevators in V3 Tower, JLT. 

Security, Central Air-Conditioning and Maintenance Services

The tower has an excellent security system with trained personnel and CCTV monitoring. Trained maintenance staff is present to keep the building in a pristine condition.

Gym and Fitness Facilities

There is a fully equipped gym in V3 Tower, JLT. Other fitness facilities include a sauna, Jacuzzi and a swimming pool.

Lifestyle Amenities

All apartments in the building enjoy beautiful views of the landscaped gardens. Some apartments also face the golf course while others face the Sheikh Zayed Road. The building has retail outlets on the ground level and amenities such as supermarkets and restaurants are within easy reach. JLT Community Park is just a few minutes away from V3 Tower.

JLT park views
Families can spend time together at the JLT Park

V3 Tower Floor Plans

  • 2-bedroom apartments in V3 Tower consist of four different unit types

Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you’re interested in by browsing V3 Tower floor plans.

Apartment Types in V3 Tower, JLT

Apartment types in V3 Tower, JLT include 1-bedroom, 2-bedroom and 3-bedroom units. These flats are designed to suit different budgets and preferences.

1-Bedroom Apartments in V3 Tower, JLT

1-bedroom apartments in V3 Tower, JLT have covered areas ranging from 805 sq. ft. to 967 sq. ft. Some apartments have one bathroom while others have two bathrooms. The apartments also feature a living room, a kitchen and a balcony.

2-Bedroom Apartments in V3 Tower, JLT

The covered area of 2-bedroom apartments ranges from 1,309 sq. ft. to 1,806 sq. ft. These apartments have a living room, a kitchen and a balcony. Some apartments have two bathrooms while others have three bathrooms.

3-Bedroom Apartments in V3 Tower, JLT

3-bedroom apartments in V3 Tower, JLT have covered areas ranging from 2,133 sq. ft. to 2,293 sq. ft. The apartments can have three or four bathrooms along with a living room, a kitchen and a balcony.

Most Popular Apartment Types in V3 Tower, JLT

  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%100%

Based on searches conducted by users on Bayut.com over the past 12 months

According to Bayut, 2-bedroom apartments are the most popular apartment types in V3 Tower, JLT. 1-bedroom apartments get the second position in terms of popularity followed by 3-bedroom apartments.

Rental Trends in V3 Tower

One can find three types of apartments for rent in V3 Tower. The pricing details are given below: 

  • The rental prices for 1-bedroom apartments in V3 Tower start from AED 53k and can go up to AED 100k.
  • 2-bedroom apartments can be rented for AED 77k. 
  • 3-bedroom apartments for rent range from AED 115k to AED 160k. 

Rents for apartments in V3 Tower can vary depending on the number of bedrooms, covered areas, furnishings and the floor apartments are based on. Those looking for more options can browse JLT apartments for rent.

Sales Trends in V3 Tower

Buying apartments in V3 Tower is a good option owing to the good apartment specifications and the facilities available in the building. 

One can find plenty of other JLT apartments for sale that offer excellent facilities and have plenty of urban amenities in proximity. 

Rental Yield in V3 Tower, JLT

  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%10%

Based on searches conducted by users on Bayut.com over the past 12 months

The annual return from rentals for 2-bedroom apartments is 8.5%, which is highest among the apartment types in V3 Tower, JLT. 1-bedroom apartments offer an annual ROI of 8.1% whereas the ROI of 3-bedroom apartments is 7.4%.

Service Charges in V3 Tower, JLT

General Fund
Price Per Sq. Ft. in AED
General Fund
Services
General upkeep of the building
Price Per Sq. Ft. in AED
1.77
General Fund
Maintenance
General repairs and replacements
Price Per Sq. Ft. in AED
2.87
General Fund
Utilities Services
Charges for using DEWA/district cooling facilities and meters
Price Per Sq. Ft. in AED
6.67
General Fund
Management Services
Owner’s association charges for managing the property
Price Per Sq. Ft. in AED
0.21
General Fund
Insurance
Charge for the insurance of the building
Price Per Sq. Ft. in AED
0.83
General Fund
Master Community
Fees for communal facilities in the neighbourhood
Price Per Sq. Ft. in AED
2.62
General Fund
Reserved Fund
Funds used for major repairs and to help maintain the yearly service charges fees
Price Per Sq. Ft. in AED
0.85
General Fund
Total
Price Per Sq. Ft. in AED
15.82

These figures are based on the services charges for V3 Tower* as per the Dubai Land Department. There are many different types of service charges in Dubai. Read our service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

NEARBY AMENITIES

Transportation Near near V3 Tower, JLT

Residents of V3 Tower, JLT find it very easy to commute to different areas of the city due to its proximity to Sheikh Zayed Road. Dubai Marina, Dubai Media City and Dubai Internet City are just a few minutes away from the building. Those relying on public transportation near V3 Tower can find taxis in the area. Online cab services like Careem, Uber and Dubai Taxi are also readily available. 

Bus Stations near V3 Tower

Damas Bus Stop in JLT is the nearest bus station. One can reach it in about 3 minutes if walking. 

Metro Stations near V3 Tower

The nearest metro station is the DAMAC Properties Metro Station, which is just 5 minutes away from the tower.

outside view metro station DAMAC
DAMAC Properties Metro Station

Restaurants near V3 Tower

There are many restaurants in Jumeirah Lake Towers and which are located close to V3 Tower. The nearest one is Homey Chinese Restaurant in Goldcrest Views, at a convenient walking distance.

Other restaurants near V3 Tower include: 

  • Mythos Kouzina & Grill
  • Farsi Restaurant
  • Sbarro
  • White Ambient Restaurant
  • Mantoushe Restaurant
  • Al Kamil Restaurant and Billiard
  • Wokyo Noodle Bar

All these restaurants can be reached in less than 10 minutes from V3 Tower, JLT.

Fine dining options include Oaks Liwa Heights, Armada Blubay, Armada Tower and Pullman Jumeirah Lake Towers Hotel.

Popular bars near V3 Tower are Nola Eatery & Social House and Le Petite Belge.

Supermarkets near V3 Tower

There are plenty of supermarkets near V3 Tower. The nearest one is Unifunds Supermarket within walking distance of the tower. Other supermarkets near V3 Tower include: 

  • Zoom
  • Manila Mart
  • Sarve Minimart
  • Q Mart 
  • KP Mart

All these supermarkets are less than 6 minutes away from the building. As one can guess, residents need not travel to other communities to take care of their grocery needs.

Nearby Buildings

All these residential buildings are located in Jumeirah Lake Towers. One can find a wide range of apartments for rent and sale in these buildings.

Major Landmarks

  • Dubai Marina Mall
  • Dubai Marina Walk
  • Emirates Golf Club
Dubai Marina Mall
External view of the Dubai Marina Mall

Dubai Marina Mall is one of the top 10 malls in Dubai offering a wide range of shopping, dining and entertainment options. It is about 8 minutes away from V3 Tower, JLT. One can find some top international brands in Dubai Marina Mall related to fashion, accessories and electronics. Moreover, visitors can indulge in a number of other activities at Dubai Marina Mall like watching a movie, taking a stroll beside the marina, enjoying zip lining and visiting the Address Dubai Marina. 

Dubai Marina Walk is a waterfront promenade located alongside the marina. Offering beautiful waterfront views, the street is lined with shopping, dining and leisure options. The destination attracts numerous visitors looking to dine at some of the best restaurants in Dubai Marina Walk that include Massimo’s Italian Restaurant, Memory Lane, Nando’s, Mir Amin and Under500. Dubai Marina Walk is about 10 minutes away from the building. 

nandos at Marina Walk
Nandos at Dubai Marina Walk

Emirates Golf Club is counted among the best golf courses in Dubai. The club is home to two exquisite courses named The Majlis and The Faldo. One can reach it in about 9 minutes from V3, JLT.

Things to Consider

V3 Tower JLT is a popular residential tower in the community because of its ideal location, top facilities and spacious apartments. The prices are reasonable compared to other buildings in JLT.

Are you looking to buy or rent apartments in V3 Tower?

RATINGS & REVIEWS

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