2003, O2 Residence Tower
Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2003, O2 Residence Tower
What is 2003 worth today?
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Source: Dubai Land Department. Updated 19 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,524 sqft
- Floor
- 20th of 39
- Parking
- DMCC-3064
- Developer
- Vakson First Property Development
- Completed
- 2009
- Service charge
- AED 22,200 /yr
- Last sold
- AED 2.05M · January 2023
- Building
- O2 Residence Tower
About 2003, O2 Residence Tower
2003 is a two-bedroom apartment of 1,524 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 . It last sold on 24 January 2023 for AED 2,050,000, or AED 1,345 per sqft, 44% above the AED 936 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, renewed on 19 June 2026, is AED 111,573 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 22,200 a year.
Sales and rents for 2003 over time
2003 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in O2 Residence Tower, and where 2003 sits
All 66 2-beds →2003 last sold in January 2023 at AED 1,345 per sqft, 44% above what two-beds in O2 Residence Tower were fetching at the time (AED 936). Over the last 12 months two-beds sold for AED 1,950,000 to 2,000,000, around AED 1,297 per sqft, and rent for AED 86,250 to 250,000 a year. 2003's AED 111,573 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 1,523 sqft | 1,950,000 | 1,280 | ||
| 5 May 20265 May 2026 | 1,523 sqft | 2,000,000 | 1,313 | ||
| 11 Sep 202511 September 2025 | 1,288 sqft | 1,750,000 | 1,358 | ||
| 20 Feb 202520 February 2025 | 1,523 sqft | 1,800,000 | 1,181 |
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 | |
| 2002 | 1-bed | 953 sqft | AED 749KAED 749,232 · Sep 2012September 2012 | 70,000 /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 |
2003, O2 Residence Tower in numbers
- Sold twice: first on 23 September 2012 for AED 1,202,796, last on 24 January 2023 for AED 2,050,000 (AED 1,345 per sqft).
- Rented since June 2013 on 15 Ejari contracts. The rent fell from AED 96,000 to AED 80,000 in 2021 and recovered to AED 111,573 by June 2026.
- At AED 111,573 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 22,200 a year (AED 14.56 per sqft).
- Two-beds in O2 Residence Tower sold for AED 1,950,000–2,000,000 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 19 June 2026.
Questions about 2003, O2 Residence Tower
What did unit 2003 last sell for?
AED 2,050,000 on 24 January 2023: AED 1,345 per sqft for 1,524 sqft. The unit has 2 registered sales; the first was AED 1,202,796 in September 2012.
What is the rent for unit 2003?
AED 111,573 a year on the contract renewed on 19 June 2026. The previous contract, from June 2025, was AED 101,430; the unit has been rented since June 2013.
How big is unit 2003?
1,524 sqft (141.6 sqm): a two-bedroom apartment on the 20th floor of a 39-storey tower completed in 2009.
What is unit 2003 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in O2 Residence Tower sold for AED 1,950,000 to 2,000,000 in the last 12 months, around AED 1,297 per sqft.
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Mortgage on 2003, O2 Residence Tower
Starts from the last sale price (AED 2.05M, 24 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →