2004, 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 2004, O2 Residence Tower
What is 2004 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,524 sqft
- Floor
- 20th of 39
- Parking
- DMCC-3065
- Developer
- Vakson First Property Development
- Completed
- 2009
- Service charge
- AED 22,200 /yr
- Last sold
- AED 1.2M · September 2012
- Building
- O2 Residence Tower
About 2004, O2 Residence Tower
2004 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 . The developer sold it on 23 September 2012 for AED 1,202,796, or AED 789 per sqft, in line with the AED 771 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 109,841 a year: a gross yield of 9.1% on the 2012 price, before the service charge of about AED 22,200 a year.
Sales and rents for 2004 over time
2004 has sold once; 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 2004 sits
All 66 2-beds →2004 last sold in September 2012 at AED 789 per sqft, in line with what two-beds in O2 Residence Tower were fetching at the time (AED 771). 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. 2004's AED 109,841 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 | |
| 2003 | 2-bed | 1,524 sqft | AED 2.05MAED 2,050,000 · Jan 2023January 2023 | 111,573 /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 |
2004, O2 Residence Tower in numbers
- Sold once: by Vakson First Property Development on 23 September 2012 for AED 1,202,796, or AED 789 per sqft.
- Rented since May 2012 on 14 Ejari contracts, from AED 90,000 to AED 109,841 a year.
- At AED 109,841 a year the gross yield on the 2012 price is 9.1%, 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 1 October 2026.
Questions about 2004, O2 Residence Tower
What did unit 2004 last sell for?
AED 1,202,796 on 23 September 2012, sold by the developer: AED 789 per sqft for 1,524 sqft. It is the only registered sale of the unit.
What is the rent for unit 2004?
AED 109,841 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 99,855; the unit has been rented since May 2012.
How big is unit 2004?
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 2004 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 2004, O2 Residence Tower
Starts from the last sale price (AED 1.2M, 23 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,202,796
- Deposit, UAE resident (20%)
- AED 240,559
- Deposit, non-resident (40%)
- AED 481,118
- Monthly over 25 years at 3.7%
- AED 4,921
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →