201, O2 Residence Tower
Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 201, O2 Residence Tower
What is 201 worth today?
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Source: Dubai Land Department. Updated 30 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 576 sqft
- Floor
- 2nd of 39
- Parking
- DMCC-0021
- Developer
- Vakson First Property Development
- Completed
- 2009
- Service charge
- AED 8,400 /yr
- Last sold
- AED 730K · September 2023
- Building
- O2 Residence Tower
About 201, O2 Residence Tower
201 is a studio of 576 sqft on the 2nd 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 27 September 2023 for AED 730,000, or AED 1,266 per sqft.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 30 September 2026, is AED 68,000 a year: a gross yield of 9.3% on the 2023 price, before the service charge of about AED 8,400 a year.
Sales and rents for 201 over time
201 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in O2 Residence Tower, and where 201 sits
All 10 studios →Over the last 12 months studios sold for AED 769,034, around AED 1,334 per sqft, and rent for AED 59,000 to 68,000 a year. 201's AED 68,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 576 sqft | 769,034 | 1,334 | ||
| 22 Sep 201522 September 2015 | 577 sqft | 780,000 | 1,352 | ||
| 9 Mar 20159 March 2015 | 576 sqft | 840,000 | 1,457 | ||
| 9 Mar 20159 March 2015 | 576 sqft | 840,000 | 1,457 |
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 2nd floor
All 317 units in O2 Residence Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 202 | 1-bed | 1,080 sqft | AED 900KAED 900,000 · Mar 2023March 2023 | 80,000 /yr | |
| 203 | 2-bed | 1,517 sqft | No registered sale | 125,000 /yr | |
| 204 | 2-bed | 1,517 sqft | AED 1.85MAED 1,850,000 · Jun 2024June 2024 | 115,000 /yr | |
| 205 | 1-bed | 1,080 sqft | AED 1.5MAED 1,500,000 · Jan 2015January 2015 | ||
| 206 | Studio | 576 sqft | No registered sale | 60,000 /yr | |
| 207 | 1-bed | 798 sqft | AED 1.03MAED 1,025,000 · Oct 2015October 2015 | 77,000 /yr | |
| 208 | 2-bed | 1,278 sqft | No registered sale | 120,000 /yr | |
| 209 | 2-bed | 1,278 sqft | No registered sale | 118,033 /yr | |
| 210 | 1-bed | 798 sqft | AED 647KAED 647,304 · Jul 2024July 2024 | 75,000 /yr |
201, O2 Residence Tower in numbers
- Sold twice: first on 16 April 2014 for AED 865,500, last on 27 September 2023 for AED 730,000 (AED 1,266 per sqft).
- Rented since November 2016 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 35,000 in 2021 and recovered to AED 68,000 by September 2026.
- At AED 68,000 a year the gross yield on the 2023 price is 9.3%, before a service charge of about AED 8,400 a year (AED 14.56 per sqft).
- Studios in O2 Residence Tower sold for AED 769,034–769,034 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 30 September 2026.
Questions about 201, O2 Residence Tower
What did unit 201 last sell for?
AED 730,000 on 27 September 2023: AED 1,266 per sqft for 576 sqft. The unit has 2 registered sales; the first was AED 865,500 in April 2014.
What is the rent for unit 201?
AED 68,000 a year on the contract signed on 30 September 2026. The previous contract, from August 2022, was AED 40,000; the unit has been rented since November 2016.
How big is unit 201?
576 sqft (53.5 sqm): a studio on the 2nd floor of a 39-storey tower completed in 2009.
What is unit 201 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in O2 Residence Tower sold for AED 769,034 to 769,034 in the last 12 months, around AED 1,334 per sqft.
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Mortgage on 201, O2 Residence Tower
Starts from the last sale price (AED 730K, 27 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 730,000
- Deposit, UAE resident (20%)
- AED 146,000
- Deposit, non-resident (40%)
- AED 292,000
- Monthly over 25 years at 3.7%
- AED 2,987
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →