1002, O2 Residence Tower
Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, O2 Residence Tower
What is 1002 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 18 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 962 sqft
- Floor
- 10th of 39
- Parking
- DMCC-2053
- Developer
- Vakson First Property Development
- Completed
- 2009
- Service charge
- AED 14,000 /yr
- Last sold
- AED 1.26M · September 2024
- Building
- O2 Residence Tower
About 1002, O2 Residence Tower
1002 is a one-bedroom apartment of 962 sqft on the 10th floor of O2 Residence Tower, a 39-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by Vakson First Property Development . It last sold on 18 September 2024 for AED 1,260,000, or AED 1,309 per sqft, 12% above the AED 1,170 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 15 November 2023, is AED 75,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 14,000 a year.
Sales and rents for 1002 over time
1002 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in O2 Residence Tower, and where 1002 sits
All 204 1-beds →1002 last sold in September 2024 at AED 1,309 per sqft, 12% above what one-beds in O2 Residence Tower were fetching at the time (AED 1,170). Over the last 12 months one-beds sold for AED 647,304 to 1,200,000, around AED 1,411 per sqft, and rent for AED 51,750 to 120,000 a year. 1002's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Apr 202629 April 2026 | 786 sqft | 1,100,000 | 1,398 | ||
| 17 Feb 202617 February 2026 | 798 sqft | 1,170,000 | 1,466 | ||
| 12 Feb 202612 February 2026 | 786 sqft | 1,200,000 | 1,525 | ||
| 11 Dec 202511 December 2025 | 962 sqft | 1,100,000 | 1,143 |
O2 Residence Tower
Building317 apartments, studios to 3-bed over 39 floors in Jumeirah Lake Towers (JLT), completed in 2009 by Vakson First Property Development . 9 sold in the last 12 months.
- Typical price per sqft
- AED 1,334
- Typical sale
- AED 1.13M
- Typical rent
- AED 85K /yr
- Typical yield
- 6.6%
Other units on the 10th floor
All 317 units in O2 Residence Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 866 sqft | AED 970KAED 970,000 · Aug 2023August 2023 | 53,330 /yr | |
| 1003 | 2-bed | 1,523 sqft | AED 1.24MAED 1,240,000 · Dec 2012December 2012 | 94,710 /yr | |
| 1004 | 2-bed | 1,523 sqft | AED 1.65MAED 1,650,000 · Mar 2014March 2014 | 130,000 /yr | |
| 1005 | 1-bed | 962 sqft | AED 780KAED 780,000 · Feb 2022February 2022 | 54,000 /yr | |
| 1006 | 1-bed | 866 sqft | AED 750KAED 750,000 · Oct 2012October 2012 | 60,999 /yr | |
| 1007 | 1-bed | 790 sqft | AED 1.13MAED 1,125,000 · Dec 2025December 2025 | 78,000 /yr | |
| 1008 | 1-bed | 940 sqft | AED 710KAED 710,000 · Apr 2021April 2021 | 75,000 /yr | |
| 1009 | 1-bed | 940 sqft | AED 1.26MAED 1,260,000 · Aug 2025August 2025 | 76,000 /yr | |
| 1010 | 1-bed | 790 sqft | AED 1.02MAED 1,020,000 · Mar 2023March 2023 | 85,000 /yr |
1002, O2 Residence Tower in numbers
- Sold 3 times: first on 7 October 2012 for AED 702,768, last on 18 September 2024 for AED 1,260,000 (AED 1,309 per sqft).
- Rented since September 2012 on 11 Ejari contracts. The rent fell from AED 60,000 to AED 48,000 in 2020 and recovered to AED 75,000 by November 2023.
- At AED 75,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 14,000 a year (AED 14.56 per sqft).
- One-beds in O2 Residence Tower sold for AED 647,304–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,334 per sqft.
Source: Dubai Land Department. Updated 18 September 2024.
Questions about 1002, O2 Residence Tower
What did unit 1002 last sell for?
AED 1,260,000 on 18 September 2024: AED 1,309 per sqft for 962 sqft. The unit has 3 registered sales; the first was AED 702,768 in October 2012.
What is the rent for unit 1002?
AED 75,000 a year on the contract renewed on 15 November 2023. The previous contract, from November 2022, was AED 75,000; the unit has been rented since September 2012.
How big is unit 1002?
962 sqft (89.4 sqm): a one-bedroom apartment on the 10th floor of a 39-storey tower completed in 2009.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in O2 Residence Tower sold for AED 647,304 to 1,200,000 in the last 12 months, around AED 1,411 per sqft.
Selling 1002? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1002, O2 Residence Tower
Starts from the last sale price (AED 1.26M, 18 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,260,000
- Deposit, UAE resident (20%)
- AED 252,000
- Deposit, non-resident (40%)
- AED 504,000
- Monthly over 25 years at 3.7%
- AED 5,155
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →