Who is the developer of V3?

V3 is developed by Sheikh Suroor Bin Mohd Alnehayan.

What are real sale prices in V3?

Across 630 registered DLD sales, V3 shows a median of AED 1,000,000 at AED 784/sqft. These are recorded transactions, not asking prices.

V3 is in Jumeirah Lakes Towers, Dubai. Its exact plot is on the map on this page.

How many homes are in V3?

DLD registers 331 units across 1 building at V3.

Is my money safe if I buy in V3?

Off-plan payments for V3 are protected under Dubai's Law 8 of 2007: held in the project's DLD-regulated escrow account (no. -) and released to the developer against construction milestones.

Where should payments for V3 go?

Only into the project's registered escrow account (no. -). A developer or agent asking you to pay anywhere else is a serious red flag.

ReadyHanded over

V3

by Sheikh Suroor Bin Mohd Alnehayan Jumeirah Lakes Towers

V3 is a residential building by Sheikh Suroor Bin Mohd Alnehayan, in Jumeirah Lakes Towers, Dubai. The project comprises 331 homes.

Key information

Developer

Sheikh Suroor Bin Mohd Alnehayan

View developer

Handover: Q4 2009
Status: Handed over
Location: Jumeirah Lakes Towers, Dubai
Master project: Jumeirah Lakes Towers
Construction started: 2006
Number of buildings: 1
Number of units: 331
Service charge: AED 14/sqft
Registered with DLD: 13 May 2009
Escrow account no.: -
DLD transfer fee: 4%

Source: official Dubai Land Department project data.

Project timeline

Construction started
2006
Handed over
Q4 2009

Amenities

Physical features recorded on the Dubai Land Department buildings register.

38 Floors

Retail & Shops

328 Residential Units

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales

630

Median price

AED 1.0M

Median price / sqft

AED 784-9%

Off-plan share

Priced 16% below than the Al Thanyah Fifth median of AED 931/sqft.

Sold by bedroom

Layout	Sold	Typical size	Avg price	Avg / sqft
1 Bed	305	819 sqft	AED 714K	AED 872
2 Bed	247	1,459 sqft	AED 1.3M	AED 874
3 Bed	74	2,197 sqft	AED 1.8M	AED 834

Price per sqft by year

-9% since 2009

AED/sqft

Recent recorded sales

Date	Type	Size	Price	Price / sqft
28 Jul 2026	Resale	1,625 sqft	AED 2.1M	AED 1K
24 Jul 2026	Resale	1,625 sqft	AED 2.3M	AED 1K
01 Jun 2026	Resale	811 sqft	AED 950K	AED 1K
10 Mar 2026	Resale	805 sqft	AED 1.0M	AED 1K
09 Mar 2026	Resale	843 sqft	AED 1.1M	AED 1K
25 Feb 2026	Resale	811 sqft	AED 1.1M	AED 1K
10 Feb 2026	Resale	2,171 sqft	AED 3.3M	AED 2K
12 Jan 2026	Resale	1,348 sqft	AED 1.4M	AED 1K

Unit mix

331 registered units, by layout and size, from the Dubai Land Department.

Layout	Units	Size range
Shop	2	-
Office	1	-
1 B/R	162	805 - 855 sqft
2 B/R	126	1,250 - 1,625 sqft
3 B/R	40	1,775 - 3,016 sqft

Payment plan

Payment plans are set by Sheikh Suroor and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Jumeirah Lakes Towers, Dubai.

Jumeirah Lakes Towers

Dubai, United Arab Emirates

Frequently asked questions

V3 has already been handed over (Q4 2009), according to Dubai Land Department records.

V3

Key information

Project timeline

Amenities