2002, O2 Residence Tower
Sold prices and rental history: sold once, by the developer in September 2012, 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 2002, O2 Residence Tower
What is 2002 worth today?
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Source: Dubai Land Department. Updated 12 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 953 sqft
- Floor
- 20th of 39
- Parking
- DMCC-3063
- Developer
- Vakson First Property Development
- Completed
- 2009
- Service charge
- AED 13,900 /yr
- Last sold
- AED 749K · September 2012
- Building
- O2 Residence Tower
About 2002, O2 Residence Tower
2002 is a one-bedroom apartment of 953 sqft on the 20th floor of O2 Residence Tower, a 39-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by Vakson First Property Development . The developer sold it on 23 September 2012 for AED 749,232, or AED 786 per sqft, in line with the AED 787 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, signed on 12 October 2026, is AED 70,000 a year: a gross yield of 9.3% on the 2012 price, before the service charge of about AED 13,900 a year.
Sales and rents for 2002 over time
2002 has sold once; 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 2002 sits
All 204 1-beds →2002 last sold in September 2012 at AED 786 per sqft, in line with what one-beds in O2 Residence Tower were fetching at the time (AED 787). 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. 2002's AED 70,000 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 20th floor
All 317 units in O2 Residence Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 857 sqft | AED 671KAED 671,058 · Sep 2012September 2012 | 75,245 /yr | |
| 2003 | 2-bed | 1,524 sqft | AED 2.05MAED 2,050,000 · Jan 2023January 2023 | 111,573 /yr | |
| 2004 | 2-bed | 1,524 sqft | AED 1.2MAED 1,202,796 · Sep 2012September 2012 | 109,841 /yr | |
| 2005 | 1-bed | 952 sqft | AED 749KAED 749,232 · Sep 2012September 2012 | 70,350 /yr | |
| 2006 | 1-bed | 814 sqft | AED 671KAED 671,058 · Sep 2012September 2012 | 72,765 /yr | |
| 2007 | 1-bed | 788 sqft | AED 622KAED 621,522 · Sep 2012September 2012 | 85,000 /yr | |
| 2008 | 1-bed | 942 sqft | AED 751KAED 750,780 · Sep 2012September 2012 | 75,245 /yr | |
| 2009 | 1-bed | 942 sqft | AED 751KAED 750,780 · Sep 2012September 2012 | 80,000 /yr | |
| 2010 | 1-bed | 788 sqft | AED 622KAED 621,522 · Sep 2012September 2012 | 80,000 /yr |
2002, O2 Residence Tower in numbers
- Sold once: by Vakson First Property Development on 23 September 2012 for AED 749,232, or AED 786 per sqft.
- Rented since December 2012 on 14 Ejari contracts. The rent fell from AED 70,000 to AED 54,000 in 2021 and recovered to AED 70,000 by October 2026.
- At AED 70,000 a year the gross yield on the 2012 price is 9.3%, before a service charge of about AED 13,900 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 12 October 2026.
Questions about 2002, O2 Residence Tower
What did unit 2002 last sell for?
AED 749,232 on 23 September 2012, sold by the developer: AED 786 per sqft for 953 sqft. It is the only registered sale of the unit.
What is the rent for unit 2002?
AED 70,000 a year on the contract signed on 12 October 2026. The previous contract, from September 2025, was AED 72,765; the unit has been rented since December 2012.
How big is unit 2002?
953 sqft (88.5 sqm): a one-bedroom apartment on the 20th floor of a 39-storey tower completed in 2009.
What is unit 2002 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 2002, O2 Residence Tower
Starts from the last sale price (AED 749K, 23 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 749,232
- Deposit, UAE resident (20%)
- AED 149,846
- Deposit, non-resident (40%)
- AED 299,693
- Monthly over 25 years at 3.7%
- AED 3,065
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →