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V3 Tower by Nakheel

Apartments with one, two or three bedrooms

AED 1,10 mln Starting price
Ready Handover
V3 Tower by Nakheel

Buy Apartments in V3 Tower by Nakheel, Jumeirah Lake Towers

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 1,100,000
Location Business Bay
Developer Nakheel
Handover Ready
Bedrooms 1-3 BR
ROI 6.5%
Apartments

A completed 39-storey Nakheel high-rise on the lake edge of Cluster V, offering ready apartments for sale in V3 Tower, JLT, with a gym, pool, sauna, steam room, jacuzzi and covered parking.

V3 Tower rises 39 storeys above Cluster V and was designed by Al Bahar Architecture & Engineering Consultants. Its restrained glass form catches the light from the lake without relying on decorative flourishes. Construction began in April 2006 and finished in November 2009. Buyers can therefore inspect a mature, occupied building with an established rental record rather than a show apartment. The tower contains apartments with one, two or three bedrooms and no studios. Current one-bedroom listings start at 805 sq ft, while the smallest listed two-bedroom apartment measures 1,309 sq ft. Apartments are fitted with installed kitchens, built-in wardrobes and central air conditioning. Many also have balconies facing the JLT lake and the promenade below. On-site facilities include a gym, swimming pool, sauna, steam room, jacuzzi and covered parking. Residents also highlight the room proportions, building maintenance and views from the pool deck.

V3 Tower
About V3 Tower by Nakheel

Overview V3 Tower by Nakheel

V3 Tower combines a walkable lakefront setting with ready apartments and an established rental market. One-bedroom prices start at AED 1,100,000, while current asking listings average AED 1,478 per sq ft.

6.5%

Average ROI

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Community

Jumeirah Lake Towers is a 200-hectare mixed-use freehold community opposite Dubai Marina. Its towers are arranged in lettered clusters around man-made lakes, with a long promenade and central park shaping daily life. The district attracts professionals and families who value walkability, outdoor dining and pet-friendly routes. More than 35,000 residents live alongside a substantial business community, giving the area an active weekday rhythm. Cluster V occupies a waterfront position within this setting.

Everyday services include shops, restaurants, wellness centres and clinics such as Scandinavian Physiotherapy Centre, Dr K Medical Center DMCC and German Dental Clinic. JLT has no K–12 school, but Dubai British School Jumeirah Park and GEMS Wellington International School are within a short drive. Nurseries operate across the clusters. Hospital options include Mediclinic Meadows, Saudi German Hospital and Al Zahra Hospital Al Barsha. Sheikh Zayed Road is about 0.5 km away, while Al Maktoum International Airport is 27 minutes away by car.

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Interior

The interiors feel quiet and light-led rather than heavily styled. Full-height double-glazed panels draw daylight into the living areas, with the lake reflecting softer light through the rooms. Neutral ceilings and walls leave the furniture and views to set the character. One-bedroom apartments start at 805 sq ft, giving residents generous proportions by JLT standards. The living area opens onto a separate balcony rather than sacrificing internal floor space.

Apartments are delivered fitted, with kitchen cabinetry and worktops already installed. Bedrooms include built-in wardrobes, while central air conditioning serves the entire apartment. Plumbing and other building services are commissioned throughout the tower. Bathrooms and living areas follow Nakheel's residential specification, and residents continue to comment favourably on maintenance. Balconies extend the usable living space, with several facing directly onto the lake and shaping how the main rooms are arranged.

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Infrastructure

Step out of the lobby and the lakeside promenade does most of the work. Cafés line the water within a few minutes on foot, and the dining scene is unusually varied for a business-led community: casual terraces facing the lake, small independent kitchens tucked into tower podiums, coffee stops that fill with DMCC office workers before nine. Convenience retail, pharmacies, laundries, salons and grocery outlets occupy ground floors across the surrounding clusters, so a weekly shop rarely requires a car. Wellness studios and boutique fitness operators sit in the same walking radius.

Larger shopping trips mean Dubai Marina Mall, a short drive away, or Ibn Battuta Mall further along the same highway corridor. Dental, diagnostic and physiotherapy clinics operate inside the community, with Mediclinic Meadows and Saudi German Hospital reachable in minutes by road for anything more serious. Transport is the district's strongest card: two Red Line stations, DMCC and Sobha Realty, serve the towers directly, backed by tram links and several RTA bus routes. Sheikh Zayed Road lies about 0.5 km from the building and Al Khail Road roughly 4.5 km.

Overview

Curious what a lakefront apartment could return here?

Amenities of V3 Tower
by Nakheel

Facilities in the tower are the practical, well-used kind — fitness, water, recovery and security, all under one roof.

Swimming pool

Swimming pool

Fully equipped gymnasium

Fully equipped gymnasium

Balconies with water views

Balconies with water views

Sauna for residents
Steam room
Jacuzzi on site
24-hour security
Covered parking
Attended building lobbies
Passenger elevators
Central air conditioning
Fitted kitchens in every apartment
Built-in wardrobes

Gallery V3 Tower by Nakheel

Gallery

About Our Approach to Work — Alcenza

At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.

Step 1.

Initial
Consultation

Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.

Step 2.

Finding the Best Property

Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.

Step 3.

Communication With a Seller

We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.

Step 4.

Legal Documentation and Management

Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.

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V3 Tower
About Us

Economic Attractiveness

Liquidity here rests on the Nakheel name, the master developer of Jumeirah Lake Towers itself, and on a building that already trades and rents through Dubai's main portals.

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1,28 mln 21%

Median price (AED)

1,310 8%

Median price per sqft (AED)

16 -36%

Transactions

Source: Data taken from DXB for the last year, overview V3 Tower by Nakheel

ROI 6.5%

Several forces sit behind the numbers. Asking prices in the building average AED 1,478 per sq ft against a JLT district asking mean of AED 1,272 per sq ft, so the market clearly pays more for lake-facing stock in Cluster V than for the district at large. Tenant demand is structural rather than seasonal: the DMCC Free Zone puts more than 500 companies and a large working population inside the same community, and two Red Line stations plus tram and bus links make car-free commuting realistic. Fitted apartments need no capital work, which shortens the gap between purchase and a signed tenancy. Since handover happened in 2009, buying is a straightforward resale settled in cash or with a mortgage.

Current asking prices start at AED 1,100,000 for a one-bedroom apartment. Two-bedroom apartments start at AED 1,900,000. Jumeirah Lake Towers is a freehold community, allowing international buyers to hold title outright. The 4% DLD transfer fee applies, while residential resales carry no VAT.

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For rent

The building has an established letting record rather than a forecast. One-bedroom apartments are advertised from AED 69,999 a year across 17 live listings. Asking rents in the tower average AED 92 per sq ft annually. Comparing the lowest asking rent with the lowest asking sale price gives a starting gross yield of 6.5% before service charges. Demand comes from professionals working in DMCC, Dubai Marina and Media City who value fitted apartments near Metro links.

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For living

Residents get a lakefront apartment in a district designed for walking, with the main amenities downstairs. Apartments have generous proportions, fitted kitchens, built-in wardrobes and central air conditioning. Many living rooms open onto balconies facing the water. Residents also praise the building's maintenance and easy road access. The pool, gym, sauna, steam room and jacuzzi support daily routines, while the promenade, cafés, central park and pet-friendly paths shape weekends outdoors.

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For resale

Resale prospects benefit from activity across the surrounding market. Jumeirah Lake Towers recorded more than 3,800 DLD-registered transactions in 2025, placing it among Dubai's five most liquid freehold markets. V3 Tower's asking prices average AED 1,478 per sq ft, and portal metrics show blended asking values up 10.5% year on year. Ready, tenanted apartments can appeal to both end users and investors seeking income from transfer.

UAE Golden Visa

Residence Visa

When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.

Visa for Your Family

Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.

passport

Developer of V3 Tower

Nakheel is a government-owned Dubai master developer and one of the emirate's most recognisable names in waterfront development.

Nakheel's delivered portfolio includes Palm Jumeirah and The World Islands, while Palm Jebel Ali is under development. The company also planned Jumeirah Lake Towers, Jumeirah Islands, Jumeirah Park, Jumeirah Village Circle, Jumeirah Village Triangle and Al Furjan. Its retail assets include Ibn Battuta Mall, Dragon Mart and Nakheel Mall. Across these communities, Nakheel pairs residential development with promenades, landscaped public areas and everyday retail.

Location V3 Tower by Nakheel

The tower stands in Cluster V on the lake edge of Jumeirah Lake Towers, opposite Dubai Marina, with the promenade, central park and DMCC headquarters within the same community.

Sheikh Zayed Road passes roughly 0.5 km from the entrance, while Al Khail Road is about 4.5 km away. By car, Dubai Marina Mall is 10 minutes away, Emirates Golf Club is also 10 minutes away, and JBR Beach is 11 minutes away.

JLT is served by the Red Line, tram connections and several RTA bus routes. By car, Sobha Realty Metro Station is five minutes away and DMCC Metro Station is seven minutes away. Al Maktoum International Airport is 27 minutes away. The RTA's 30-minute transfer rule allows Metro, tram and bus connections on one fare.

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Map → Location V3 Tower by Nakheel Icon Map PIN

Sights & Attractions

Dubai Marina
Mall

icon 10 min

Emirates Golf Club

10 min

JBR Beach

11 min

Healthcare facilities

Dr K Medical Center DMCC

icon 6 min

Mediclinic Meadows

9 min

Al Zahra Hospital Al Barsha

11 min

Educational institutions

Learning Ladder Nursery

icon 7 min

Dubai British School Jumeirah Park

10 min

GEMS Wellington International School

12 min

Transportation

Sobha Realty Metro Station

icon 5 min

DMCC Metro Station

7 min

Al Maktoum International Airport

27 min

FAQ

Below are the questions buyers and tenants ask most often about this building — pricing, sizes, amenities, purchase terms and what daily life in the community involves. If something you need is missing, our advisers are happy to talk it through.

Ask a Question

Which residential area of Dubai suits a buyer looking at this tower?

Jumeirah Lake Towers is the relevant comparison, and it competes well on the things that matter day to day: a freehold, mixed-use community of towers set around man-made lakes, with a lakeside promenade, a central park and pedestrian routes designed for walking rather than driving. More than 35,000 people live there alongside over 500 companies, which keeps the ground floors busy and the tenant pool deep. Two Red Line Metro stations sit inside the community, and Dubai Marina lies directly across Sheikh Zayed Road. Against Dubai's marquee waterfront addresses, the entry price here is materially lower.

How tall is V3 Tower and when was it completed?

It is a 39-storey residential high-rise in Cluster V. Construction started in April 2006 and the building was completed in November 2009, so it has been fully handed over and lived in for well over a decade. That maturity helps a purchaser: the common areas, pool deck and lifts can be inspected in use, service performance is visible, and the apartments have a documented letting history rather than a projected one. Status today is Ready, with immediate occupancy or rental income possible on transfer.

What are the payment terms for V3 Tower?

Because the tower completed in 2009, no developer instalment schedule is attached to it. Purchase follows the standard Dubai resale route: an agreed price settled in cash or through mortgage finance, with the 4% Dubai Land Department transfer fee payable on registration. Residential resales are not subject to the 5% VAT that applies to commercial transactions. Where a listings page mentions instalments, that reflects an individual seller or broker arrangement rather than a plan for the building as a whole.

What apartment types and sizes are available?

The mix covers apartments with one, two or three bedrooms, and no studios were built. Current listings put one-bedroom entry sizes at 805 sq ft, with examples running to roughly 850 sq ft, and the average across the building sits close to 811 sq ft. The smallest two-bedroom apartment on the market measures 1,309 sq ft. Every apartment comes fitted rather than shell: kitchen installed, built-in wardrobes in the bedrooms, central air conditioning throughout, and a balcony extending the living space, in many cases facing the lake.

How much does an apartment in V3 Tower cost right now?

For buyers comparing current inventory, the verified asking floor is AED 1,100,000 for a one-bedroom apartment and AED 1,900,000 for a two-bedroom. The tower's live listings average AED 1,478 per sq ft. No current three-bedroom price has been verified at project level, so that configuration needs a fresh inventory check before budgeting or making an offer.

What rental income and yield can an owner expect?

Current one-bedroom asking rents begin at AED 69,999 a year, based on 17 live listings. At the tower level, annual asking rents average AED 92 per sq ft. Using the verified sale and rent floors gives a starting gross yield of 6.5% before service charges. Actual net income will depend on the purchase price, annual building costs and any vacancy between tenancies.

Which amenities does the building offer residents?

Facilities are practical rather than theatrical: a fully equipped gymnasium, a swimming pool with a view over the water, a sauna, a steam room and a jacuzzi. Service infrastructure includes covered parking, attended lobbies, passenger lifts and round-the-clock security. Residents commenting on the tower highlight the standard of maintenance and the pool deck in particular, along with how easy the location makes getting in and out of the community. Beyond the entrance, the promenade, cafés and central park add the rest.

Do the apartments have lake views?

The tower overlooks the JLT lake, and a significant share of apartments face the water, with balconies oriented straight onto it. Orientation varies by floor and line within the 39 storeys, so check the view a specific apartment commands against its plan and level before making an offer. Higher floors on the lake side take in the promenade and the neighbouring clusters across the water; the outward-facing lines look towards the surrounding JLT skyline and the Sheikh Zayed Road corridor.

Is the building suitable for families with children at school?

It works for small families, with the caveat that no K-12 school operates inside Jumeirah Lake Towers itself. British-curriculum and international options are a short drive away, among them Dubai British School Jumeirah Park, GEMS Wellington International School, Emirates International School and the American School of Dubai. Nurseries are far closer, with facilities in almost every cluster, including Learning Ladder Nursery in Cluster Q. Apartments with two or three bedrooms, the lakeside walkways and the central park cover the rest of the family routine.

Who developed V3 Tower and can the developer be relied on?

The developer is Nakheel, the Dubai government-owned master developer that planned Jumeirah Lake Towers itself. Its portfolio includes Palm Jumeirah, The World Islands and Palm Jebel Ali, along with master communities such as Jumeirah Islands, Jumeirah Park, Jumeirah Village Circle and Al Furjan, and a retail arm covering Ibn Battuta Mall, Dragon Mart and Nakheel Mall. More than 58 new and off-plan projects are reported to be in active development. Architecture for this tower was handled by Al Bahar Architecture & Engineering Consultants.

How liquid is the resale market for owners here?

Jumeirah Lake Towers recorded more than 3,800 DLD-registered transactions in 2025, ranking it among the five most liquid freehold markets in Dubai. That gives sellers access to an active district-level buyer pool. Portal metrics for V3 Tower show blended asking values up 10.5% year on year, while its completed status broadens demand to both occupiers seeking a ready apartment and investors looking for an existing rental asset.

Can foreign nationals buy an apartment in this tower?

Yes. Jumeirah Lake Towers is a designated freehold community, so international purchasers may acquire full title in their own name without a local partner or a leasehold structure. Registration goes through the Dubai Land Department with the 4% transfer fee, and residential purchases attract no VAT. Ownership carries the same rights as for UAE nationals within the freehold zone, including the freedom to let the apartment on a standard annual tenancy or to resell whenever the owner chooses.
FAQ

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V3 Tower
Amirans Kavtaradze

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Amirans Kavtaradze

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V3 Tower

Starting Price AED 1,10 mln

Handover Ready