V3 Tower, JLT
V3 Tower is a 39-storey residential tower in Cluster V of Jumeirah Lake Towers (JLT), Dubai. Its Dubai Land Department project record is registered to Sheikh Suroor Bin Mohd Alnehayan. The tower holds 331 registered units in total, made up of 328 apartments plus two shop units and one office unit, in one, two and three-bedroom layouts with no studios. Construction finished in November 2009. Royale Stays manages the setup, pricing and guest side of listing a home here for a fee starting from 15%.
Developer
Sheikh Suroor Bin Mohd Alnehayan
Storeys
39
Units
331 (328 apartments)
Unit mix
1, 2 and 3-bed apartments
Area
JLT Cluster V
Completed
2009
About V3 Tower
V3 Tower is a 39-storey residential tower on the lake edge of Cluster V in Jumeirah Lake Towers, Dubai. Its Dubai Land Department project record is registered to Sheikh Suroor Bin Mohd Alnehayan. The tower holds 331 registered units in total, made up of 328 residential apartments alongside two shop units and one office unit, in one, two and three-bedroom layouts with no studios.
Some portals credit V3 Tower’s development to Nakheel. Nakheel is genuinely JLT’s master community developer, the entity that planned and sold the district’s original plots, but Dubai Land Department transaction records and a DLD-linked project registry both tie this specific building to Sheikh Suroor Bin Mohd Alnehayan. Construction began in April 2006 and the tower was completed in November 2009, giving it one of the community’s longer documented rental histories. Ownership here is freehold, open to both UAE residents and foreign investors.
Developer, storey count and cluster are drawn from Propsearch.ae's DLD-linked building guide, Bayut.com's building guide, JLT-Dubai.ae's project page and AIGentsRealty.com's DLD-linked project page. Bayut.com and JLT-Dubai.ae attribute development to Nakheel, JLT's master community developer; Propsearch.ae's own transaction feed and AIGentsRealty.com's DLD project registry, which independently matches this project's 331 registered units, attribute the specific building to Sheikh Suroor Bin Mohd Alnehayan. Total registered units (331: 328 apartments, 2 shops, 1 office) are confirmed via AIGentsRealty.com's DLD-linked unit registry; Bayut.com's separate figure of 292 units is a single-sourced outlier and is not used.
Location & Nearby Landmarks
V3 Tower sits on the lake edge of Cluster V in Jumeirah Lake Towers, opposite Dubai Marina, within the DMCC free zone. For a wider view of how Airbnb management works across Dubai’s different neighbourhoods, see Royale Stays’ full guide to Airbnb property management in Dubai, or its dedicated Airbnb management in JLT page.
Nearby attractions include Marina Walk (0.8 km), The Walk at JBR (1.7 km) and Skydive Dubai (2.1 km), with JLT Park just 0.6 km away and Marina Beach around 2.1 km. Emirates Golf Club and Montgomerie Golf Course are both a short drive away, and Sheikh Zayed Road passes close to the building.
Royale Stays also covers several other JLT towers nearby, including Goldcrest Views 1, Lakeshore Tower and Uptown Tower, all within the same lakeside district.
Unit Types at V3 Tower
V3 Tower offers one, two and three-bedroom apartments, with no studio units. One-bedroom apartments range from about 805 to 1,100 sq ft, two-bedroom apartments run from around 1,250 to 1,806 sq ft, and three-bedroom apartments measure roughly 2,133 to 2,293 sq ft.
Apartments are delivered fitted, with installed kitchen cabinetry, built-in wardrobes and central air conditioning throughout, and many units open onto a balcony, with some facing directly onto the JLT lake. The building’s registered unit count also includes a small commercial component of two ground-floor shop units and one office unit alongside its 328 residential apartments.
Amenities at V3 Tower
V3 Tower’s shared facilities cover fitness, wellness and everyday convenience: a swimming pool, a fully equipped gymnasium, a sauna, a steam room and a jacuzzi.
Other amenities include covered parking, high-speed passenger elevators, round-the-clock CCTV security, central air conditioning, an on-site retail area with a supermarket, and concierge staff to welcome residents and guests.
Transportation & Access
Sobha Realty Metro Station is the nearest Metro option, reachable in around 5 to 7 minutes by car or about a 15-minute walk, and DMCC Metro Station is a further short drive or walk away. Sheikh Zayed Road passes close to the building, giving easy access across the rest of Dubai.
By car, Dubai Marina and The Walk at JBR are around 5 to 15 minutes away, Palm Jumeirah roughly 10 to 12 minutes, Dubai Mall around 18 to 20 minutes, and Dubai International Airport roughly 25 to 28 minutes depending on traffic and route.
V3 Tower Price Guide
Genuine Dubai Land Department sale records for V3 Tower show one-bedroom apartments around 805 to 843 sq ft trading between about AED 950,000 and AED 1,075,000 across late 2025 and 2026, and two-bedroom apartments around 1,250 to 1,625 sq ft trading between about AED 1.4 million and AED 2.3 million over the same period.
Three-bedroom apartments of around 2,171 sq ft have sold for between roughly AED 3.32 million and AED 3.47 million. Current asking rents for apartments in the building range from about AED 80,000 to AED 140,000 a year, broadly in line with a separate agency estimate that puts one-bedroom rents starting near AED 70,000 a year.
Sale prices above are drawn only from confirmed Dubai Land Department Sale-type transaction records on Propsearch.ae, confirmed record-for-record against an independent DLD-linked dataset on AIGentsRealty.com. Mortgage Registration and Grant-type records appearing in the same DLD feed were explicitly excluded, since neither represents a genuine market sale price. One widely-referenced figure of about AED 1.68 million for this building traces to a Mortgage Registration record rather than a sale and is not used here. Rent figures are drawn from live listings on Propsearch.ae and a separate estimate on JLT-Dubai.ae.
Curious what a unit like this could earn as a short-term rental instead? Try Royale Stays’ Dubai property ROI calculator to compare long-term rent against furnished, managed Airbnb income.
Airbnb & Short-Term Rental Income Potential
Apartments in V3 Tower are registered as standard freehold residential units, and Royale Stays has no confirmed prohibition on operating a short-term rental here, subject to the usual Dubai holiday home permit from DTCM. See our Dubai holiday home permit guide for the full process.
JLT sits outside Royale Stays’ five core managed areas (Palm Jumeirah, Dubai Marina, Downtown Dubai, JBR and Business Bay), so we do not yet have direct listing data for this specific tower. What we can offer is the same full-service management used across our core portfolio: furnishing, photography, dynamic pricing, guest communication, check-in and maintenance, for a fee starting from 15%. If you own a unit here and want a straight answer on its earning potential, submit your property and we will walk you through it.
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