V3 Tower is a 39-story residential tower in Cluster V of Dubai’s Jumeirah Lake Towers (JLT). Completed in 2009, it offers one-, two-, and three-bedroom apartments with stunning views of the JLT Lake. The tower is a project of Nakheel Properties, a leading real estate developer in Dubai.
Situated in one of Dubai’s most popular residential areas, V3 Tower offers its residents a range of facilities and amenities. These include covered parking, elevators, security, and fitness options. The tower is only a few minutes from important commercial and residential areas, including Dubai Marina, Jebel Ali Airport and Free Zone, and Dubai Media City.
V3 Tower is ideal for those looking for a luxurious and comfortable living experience in Dubai. With its prime location, state-of-the-art facilities, and beautiful views, it is one of the most popular residential towers in JLT Dubai.
Overview of V3 Tower
V3 Tower is a 39-storey skyscraper in Dubai Cluster V of Jumeirah Lake Towers (JLT). It offers 500 units of one, two, and three-bedroom apartments. Nakheel Properties developed the project, which was completed in 2009. Here is an overview of the V3 Tower.
Location and Accessibility
V3 Tower is in the heart of JLT, providing easy access to all major areas of Dubai. The tower is centered on Sheikh Zayed Road, one of the busiest roads in Dubai, making it easy to commute to other parts of the city. The tower is also near Dubai Marina, Jebel Ali Airport, Freee Zone, and Dubai Media City. The building is conveniently centered near the Dubai Metro, which makes it easy to travel to other parts of the city.
Design and Development
V3 Tower is a modern and stylish skyscraper that offers luxury living in the heart of JLT. Its modern design and high-quality finishes make it stand out from other buildings. The tower has a range of facilities, including covered parking, elevators, 24-hour security, and fitness options. It also offers stunning views of JLT Lake, a major attraction for residents.
The tower was developed by Nakheel Properties, one of the leading developers in Dubai. The project was completed in 2009 and has since become one of the most sought-after residential buildings in the area. The tower was designed to provide residents with a luxurious and comfortable living experience, and it has succeeded in doing so.
Overall, V3 Tower is an excellent choice for anyone looking for luxury living in the heart of JLT. With its modern design and prime location, V3 Tower is an excellent investment for anyone buying property in Dubai.
Apartments and Floor Plans
JLT Dubai’s V3 Tower has a variety of apartments available, including studio, one, and three-bedroom options. Every apartment is made to give its occupants a sumptuous and pleasant living environment. There is something to fit every taste and budget in the tower’s assortment of floor plans and layouts.
Types of Apartments
The V3 Tower offers various apartment types, including Type 1, Type 2, Type 3, and Type 4. Each type is crafted to meet the specific needs of residents. Type 1 and Type 2 are 2-bedroom apartments with two bathrooms, while Type 3 is a 2-bedroom apartment with three bathrooms. Type 4 is a 2-bedroom apartment with two bathrooms.
Size and Layout
The apartments in V3 Tower are spacious and well-designed. The 1-bedroom apartments range in size from 900 to 1,100 square feet, while the 2-bedroom apartments range from 1,200 to 1,800 square feet. The 3-bedroom apartments are even more significant, ranging from 1,800 to 2,500 square feet. Each apartment has an open layout, ensuring residents have plenty of space to move around and enjoy their living space.
Balcony and Views
Many of the apartments in V3 Tower offer stunning views of the JLT lake and surrounding areas. Residents can enjoy these views from their spacious balconies, perfect for relaxing and taking in the scenery. The balconies are designed to be spacious and comfortable, providing residents with the ideal place to unwind after a long day.
In summary, V3 Tower in JLT Dubai provides a selection of lavish and spacious apartments to suit every taste and budget. With various floor plans and layouts available, residents can choose the apartment that best meets their needs. Whether you are looking for a 1-bedroom or a spacious 3-bedroom apartment, V3 Tower has something to offer.
Amenities and Facilities
Fitness and Recreation
V3 Tower, JLT Dubai, offers its residents a range of fitness and recreation facilities. The tower features a well-equipped gymnasium for those who want to stay fit and healthy. Citizens can also relax and unwind in the swimming pool, sauna, and jacuzzi after a long day.
Parking and Security
The tower offers covered parking facilities to ensure the safety of residents’ vehicles. A state-of-the-art security system with CCTV cameras and round-the-clock staff monitors the parking area.
Additional Features
V3 Tower, JLT Dubai, has high-speed elevators that make it easy for residents to move around the tower. The tower also has a dedicated maintenance staff that ensures all facilities and amenities are well-maintained and in good condition.
Residents can enjoy a range of additional features, such as a supermarket within the tower, which makes it convenient for them to shop for their daily needs.
In summary, V3 Tower, JLT Dubai, provides a scope of amenities and facilities that cater to the needs of its residents. From fitness and recreation facilities to covered parking and round-the-clock security, the tower ensures that residents enjoy a comfortable and convenient living experience.
Real Estate Insights
Market Conditions
V3 Tower, JLT Dubai, is a popular residential area known for its high-rise buildings and easy access to Sheikh Zayed Road. The real estate market in this area has been stable in recent years, with a steady demand for buying and renting properties. The market is highly competitive, with many options available for buyers and renters, making it essential for sellers and landlords to price their properties competitively.
Price Trends
The moderate price for a 2-bedroom apartment in V3 Tower, JLT Dubai, is around AED 2.3 million, and the average rent is around AED 110,000 annually. The prices have remained relatively stable in recent years, with only minor fluctuations. However, it is important to note that prices can deviate based on the property’s size, location, and condition.
Rental Yield (ROI)
The rental yield, or ROI, for properties in V3 Tower, JLT Dubai, is around 5%. This means that for every AED 100,000 invested in a property, the annual rental income is around AED 5,000. Even though this ROI isn’t as high as it could be in comparison to other locations of Dubai, it’s still vital to take the possibility of capital appreciation into account.
In summary, the real estate market in V3 Tower, JLT Dubai, is competitive and steady, with a consistent demand for purchasing and renting apartments. The prices have remained relatively stable recently, with a rental yield of around 5%. Buyers and renters need to consider the property’s size, location, and condition when deciding.
Community and Lifestyle
Neighborhood and Environment
V3 Tower is located in the Jumeirah Lake Towers community, a vibrant and diverse neighborhood in Dubai. The tower overlooks JLT Lake and offers stunning views of the surrounding area. The community is known for its modern architecture, beautifully landscaped gardens, and lakeside promenades. It is also conveniently located near major highways, making accessing other parts of the city easy.
Retail and Dining
The JLT community has various retail outlets and restaurants, providing citizens various shopping and dining options. The V3 Tower is near several popular restaurants and cafes, including the Lake Allure Cafe and the Marina Walk. Several supermarkets and convenience stores are also nearby, making it easy for residents to stock up on groceries and other essentials.
Parks and Recreation
The JLT Community Park is just a few minutes away from the V3 Tower, offering residents a beautiful landscape space to relax and unwind. The park features a jogging track, a children’s play area, and several picnic areas. Several other parks and recreational facilities are located nearby, including the Emirates Golf Club and the Dubai Marina.
Overall, the V3 Tower offers residents a convenient and comfortable lifestyle in one of Dubai’s most desirable neighborhoods. Its stunning views, modern services, and convenient location make it the perfect place to call home for anyone looking for a luxurious and convenient lifestyle in the city’s heart.
Education and Schools
Dubai’s Jumeirah Lakes Towers (JLT) is a popular residential area offering various educational options for families with children. Some schools, nurseries, and childcare facilities are near V3 Tower.
Nearby Schools
- Emirates International School Meadows: This school offers an International Baccalaureate (IB) curriculum for Pre-K to Grade 12 students. It is located in Meadows, a short drive from JLT.
- Regent International School offers a British curriculum for Pre-K to Grade 12 students. It is located in The Greens, a neighboring community of JLT.
- Dubai International Academy: This school offers an IB curriculum for Pre-K to Grade 12 students. It is located in Emirates Hills, a short drive from JLT.
Nurseries and Childcare
- Dewdrops Nursery: This nursery provides care and education for children aged four months to 4 years. It is in JLT and offers a British Early Years Foundation Stage (EYFS) curriculum.
- Learning Ladder Nursery JLT: This nursery offers care and education for children aged three months to 4 years. It is located in JLT and offers a British EYFS curriculum.
- Mosaic Nursery: This nursery provides care and education for children aged four months to 4 years. It is located in JLT and offers a Reggio Emilia-inspired curriculum.
Families living in V3 Tower can access various educational options in the surrounding areas. Whether it’s an IB curriculum or a British curriculum, there are schools to suit every family’s needs.
Investment Potential
Buying and Selling
V3 Tower in JLT, Dubai, is an attractive investment chance for those looking to buy or sell property in the area. With its prime location in the heart of Jumeirah Lake Towers, the tower provides easy access to all significant business and leisure destinations in the city. The tower offers a range of property sizes, from 1 to 3-bedroom apartments, making it a suitable option for various buyers. The apartments are available in both furnished and unfurnished options and are well-maintained, providing a comfortable living experience for tenants.
Rental Opportunities
Investors looking to rent out their property in V3 Tower can expect a high return on investment. The tower’s location in the popular Jumeirah Lake Towers area and its well-maintained apartments make it an attractive option for tenants. Rental rates in the region are competitive, with investors potentially earning up to 8.71% return on investment. The tower’s proximity to the city’s primary business and leisure destinations makes it an ideal location for those looking to rent in Dubai.
The tower is an attractive option for buyers and tenants with its prime location, range of property sizes, and well-maintained apartments.
Property Management and Agencies
Real Estate Agencies
Several reputable real estate agencies can help when buying, selling, or renting properties in V3 Tower, JLT Dubai. These agencies have a team of experienced professionals who can guide clients throughout the process, from property search to closing the deal. Some of Dubai’s top real estate agencies that deal with V3 Tower properties include Zooma Properties, Divine Homes Real Estate, and Bayut.
Zooma Properties is a well-known real estate agency in Dubai specializing in buying, selling, and renting properties. Its staff of knowledgeable experts can assist customers in locating the ideal home in V3 Tower that fits their requirements and price range. Zooma Properties can offer customers the most guidance on real estate investing due to their deep understanding of the real estate industry.
Another trustworthy company that specializes in purchasing, selling, and renting out real estate in Dubai is Divine Homes Real Estate. Its staff of knowledgeable experts can assist customers in locating the greatest real estate offers in V3 Tower. Along with collecting rent, maintaining the property, and screening potential tenants, Divine Homes Real Estate also offers property management services.
The well-known online real estate marketplace Bayut has a large selection of properties in Dubai up for grabs, including the V3 Tower. Its user-friendly website allows clients to search for properties based on their preferences and budget. Bayut also has a team of experienced professionals who can help clients with property searches and closing deals.
Property Management Services
Nakheel Properties is the developer of V3 Tower and provides property management services to residents. They ensure the tower is well-maintained and provide residents with a comfortable living experience. Their property management services include maintenance of common areas, security, and facilities management.
In addition to Nakheel Properties, other property management companies provide services to residents of V3 Tower. These companies offer rent collection, tenant screening, property maintenance, and more. Some of Dubai’s top property management companies include Zooma Properties and Divine Homes Real Estate.
Frequently Asked Questions
What are the moderate rental prices for apartments in V3 Tower?
The rental prices for apartments in V3 Tower vary depending on their size and type. On average, a one-bedroom apartment can be rented for AED 70,000 per year, a two-bedroom apartment for AED 110,000 per year, and a three-bedroom apartment for AED 150,000 per year. However, these prices may vary based on market demand and other factors.
How do the amenities in V3 Tower compare with other residential buildings in JLT?
V3 Tower offers a range of amenities for its residents, including covered parking, elevators, 24-hour security, and fitness options. While the amenities may not be as extensive as some other residential buildings in JLT, they are still sufficient to meet the needs of most residents.
What types of apartments are available for sale in V3 Tower?
V3 Tower offers 1, 2, and 3-bedroom apartments for sale. The apartments are spacious and well-designed, with high-quality finishes and modern amenities.
Can you provide recent reviews or feedback from residents of V3 Tower?
Unfortunately, we do not have access to recent reviews or feedback from residents of V3 Tower. However, the tower has a good reputation in the JLT community, with many residents praising its location, amenities, and overall quality.
Who is the developer of V3 Tower, and what is its reputation in the Dubai real estate market?
V3 Tower was developed by Nakheel Properties, one of Dubai’s leading real estate developers. The company has a reputation for delivering high-quality projects that meet customers’ needs and has won numerous awards for its work in the Dubai real estate market.
How does V3 Tower’s location within JLT benefit its residents?
V3 Tower is located in the heart of JLT, one of Dubai’s most popular residential and commercial areas. Its location provides easy access to major highways, public transportation, and amenities, including shops, restaurants, and entertainment venues. Additionally, the tower overlooks the JLT Lake, providing residents with stunning views of the surrounding area.
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