1-bed · 940 sqftO2 Residence Tower, Jumeirah Lake Towers (JLT) · 19th floor · completed 2009

1908, O2 Residence Tower

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1908 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 820K31 March 2022
Current rentAED 88K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1908, O2 Residence Tower

What is 1908 worth today?

Last sold for AED 820,000 in 2022

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15 Oct 2026RentedRenewal
AED 88,000/yr12 months · AED 94 per sqft
15 Oct 2024RentedNew contract
AED 88,000/yr12 months · AED 94 per sqft
29 Jun 2023RentedRenewal
AED 66,000/yr12 months · AED 70 per sqft
27 Jun 2022RentedNew contract
AED 65,635/yr12 months · AED 70 per sqft
31 Mar 2022SoldReady
AED 820,000AED 872 per sqft
3 Oct 2021RentedRenewal
AED 52,000/yr12 months · AED 56 per sqft
3 Oct 2020RentedRenewal
AED 49,000/yr12 months · AED 52 per sqft
3 Oct 2019RentedNew contract
AED 62,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
1-bed apartment
Size
940 sqft
Floor
19th of 39
Parking
DMCC-3059
Developer
Vakson First Property Development
Completed
2009
Service charge
AED 13,700 /yr
Last sold
AED 820K · March 2022

About 1908, O2 Residence Tower

1908 is a one-bedroom apartment of 940 sqft on the 19th 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 31 March 2022 for AED 820,000, or AED 872 per sqft, 10% above the AED 790 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 15 October 2026, is AED 88,000 a year: a gross yield of 10.7% on the 2022 price, before the service charge of about AED 13,700 a year.

Sales and rents for 1908 over time

Sales
Unit 1908, each saleTypical one-bed in O2 Residence Tower
750K1M1.25M2012201620202024Typical sale price by year: 2012 AED 727,000; 2013 AED 741,080; 2014 AED 1,125,000; 2015 AED 1,090,000; 2016 AED 1,050,000; 2017 AED 1,060,000; 2018 AED 902,500; 2019 AED 780,000; 2020 AED 642,500; 2021 AED 690,000; 2022 AED 860,000; 2023 AED 925,000; 2024 AED 1,100,000; 2025 AED 1,137,500; 2026 AED 1,170,000Sold by developer, October 2012: AED 839,000 (AED 892 per sqft)Sold, March 2022: AED 820,000 (AED 872 per sqft)

1908 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1908, each contractTypical one-bed in O2 Residence Tower
60K80K2012201620202024Typical rent by year: 2012 AED 64,500; 2013 AED 68,000; 2014 AED 82,000; 2015 AED 85,000; 2016 AED 87,000; 2017 AED 85,000; 2018 AED 75,000; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 50,000; 2022 AED 55,000; 2023 AED 65,000; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 80,000New contract, March 2014: AED 90,000 a yearRenewal, March 2015: AED 85,245 a yearRenewal, February 2016: AED 85,000 a yearNew contract, August 2017: AED 83,000 a yearNew contract, September 2018: AED 75,000 a yearNew contract, October 2019: AED 62,000 a yearRenewal, October 2020: AED 49,000 a yearRenewal, October 2021: AED 52,000 a yearNew contract, June 2022: AED 65,635 a yearRenewal, June 2023: AED 66,000 a yearNew contract, October 2024: AED 88,000 a yearRenewal, October 2026: AED 88,000 a year

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 1908 sits

All 204 1-beds →

1908 last sold in March 2022 at AED 872 per sqft, 10% above what one-beds in O2 Residence Tower were fetching at the time (AED 790). 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. 1908's AED 88,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Apr 20261,100,000
17 Feb 20261,170,000
12 Feb 20261,200,000
11 Dec 20251,100,000
6 1-bed sales in the last 12 months

O2 Residence Tower

Building

317 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%
O2 Residence Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 19th floor

All 317 units in O2 Residence Tower
Value
19011-bedAED 860K · May 2022
19021-bedAED 1.16M · May 2016
19032-bedAED 1.32M · Oct 2012
19042-bedAED 1.7M · Dec 2015
19051-bedAED 838K · Oct 2012
19061-bedAED 860K · Aug 2022
19071-bedAED 1.16M · Feb 2016
1–7 of 9

1908, O2 Residence Tower in numbers

  • Sold twice: first on 4 October 2012 for AED 839,000, last on 31 March 2022 for AED 820,000 (AED 872 per sqft).
  • Rented since March 2014 on 12 Ejari contracts. The rent fell from AED 90,000 to AED 49,000 in 2020 and recovered to AED 88,000 by October 2026.
  • At AED 88,000 a year the gross yield on the 2022 price is 10.7%, before a service charge of about AED 13,700 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 15 October 2026.

Questions about 1908, O2 Residence Tower

What did unit 1908 last sell for?

AED 820,000 on 31 March 2022: AED 872 per sqft for 940 sqft. The unit has 2 registered sales; the first was AED 839,000 in October 2012.

What is the rent for unit 1908?

AED 88,000 a year on the contract renewed on 15 October 2026. The previous contract, from October 2024, was AED 88,000; the unit has been rented since March 2014.

How big is unit 1908?

940 sqft (87.3 sqm): a one-bedroom apartment on the 19th floor of a 39-storey tower completed in 2009.

What is unit 1908 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.

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Mortgage on 1908, O2 Residence Tower

Starts from the last sale price (AED 820K, 31 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →