2-bed · 1,523 sqftO2 Residence Tower, Jumeirah Lake Towers (JLT) · 21st floor · completed 2009

2103, O2 Residence Tower

Sold prices and rental history: sold once, by the developer in February 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2103 · DLD and Ejari recordsUpdated 25 May 2026
Last soldAED 996K18 February 2014
Current rentAED 125K /yr25 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2103, O2 Residence Tower

What is 2103 worth today?

Last sold for AED 995,715 in 2014

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25 May 2026RentedRenewal
AED 125,000/yr12 months · AED 82 per sqft
25 May 2025RentedRenewal
AED 125,000/yr12 months · AED 82 per sqft
25 May 2025RentedRenewal
AED 125,000/yr12 months · AED 82 per sqft
25 May 2024RentedRenewal
AED 125,000/yr12 months · AED 82 per sqft
25 May 2023RentedNew contract
AED 125,000/yr12 months · AED 82 per sqft
15 May 2022RentedRenewal
AED 77,000/yr12 months · AED 51 per sqft
15 May 2021RentedNew contract
AED 70,000/yr12 months · AED 46 per sqft
15 Apr 2020RentedRenewal
AED 85,000/yr13 months · AED 56 per sqft

Source: Dubai Land Department. Updated 25 May 2026.

Key facts

Type
2-bed apartment
Size
1,523 sqft
Floor
21st of 39
Parking
DMCC-1090
Developer
Vakson First Property Development
Completed
2009
Service charge
AED 22,200 /yr
Last sold
AED 996K · February 2014

About 2103, O2 Residence Tower

2103 is a two-bedroom apartment of 1,523 sqft on the 21st 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 18 February 2014 for AED 995,715, or AED 653 per sqft, 7% below the AED 705 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 25 May 2026, is AED 125,000 a year: a gross yield of 12.6% on the 2014 price, before the service charge of about AED 22,200 a year.

Sales and rents for 2103 over time

Sales
Unit 2103, each saleTypical two-bed in O2 Residence Tower
1M1.5M2012201620202024Typical sale price by year: 2012 AED 1,201,898; 2013 AED 1,200,000; 2014 AED 1,739,000; 2015 AED 950,180; 2017 AED 1,250,044; 2021 AED 1,250,000; 2023 AED 1,470,000; 2024 AED 1,675,000Sold by developer, February 2014: AED 995,715 (AED 653 per sqft)

2103 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2103, each contractTypical two-bed in O2 Residence Tower
100K150K2012201620202024Typical rent by year: 2012 AED 81,560; 2013 AED 95,000; 2014 AED 127,000; 2015 AED 125,000; 2016 AED 125,000; 2017 AED 120,000; 2018 AED 100,000; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 72,000; 2022 AED 79,500; 2023 AED 90,000; 2024 AED 107,500; 2025 AED 125,000; 2026 AED 125,000New contract, November 2014: AED 165,000 a yearNew contract, December 2015: AED 135,000 a yearRenewal, December 2016: AED 135,000 a yearNew contract, April 2018: AED 95,000 a yearRenewal, April 2019: AED 92,000 a yearRenewal, April 2020: AED 85,000 a yearNew contract, May 2021: AED 70,000 a yearRenewal, May 2022: AED 77,000 a yearNew contract, May 2023: AED 125,000 a yearRenewal, May 2024: AED 125,000 a yearRenewal, May 2025: AED 125,000 a yearRenewal, May 2025: AED 125,000 a yearRenewal, May 2026: AED 125,000 a year

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 2103 sits

All 66 2-beds →

2103 last sold in February 2014 at AED 653 per sqft, 7% below what two-beds in O2 Residence Tower were fetching at the time (AED 705). 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. 2103's AED 125,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Aug 20261,950,000
5 May 20262,000,000
11 Sep 20251,750,000
20 Feb 20251,800,000
2 2-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 21st floor

All 317 units in O2 Residence Tower
Value
21011-bedAED 565K · Feb 2014
21021-bedAED 629K · Mar 2014
21042-bedAED 996K · Feb 2014
21051-bedAED 629K · Mar 2014
21061-bedAED 565K · Feb 2014
21071-bedAED 513K · Feb 2014
21081-bedAED 626K · Feb 2014
1–7 of 9

2103, O2 Residence Tower in numbers

  • Sold once: by Vakson First Property Development on 18 February 2014 for AED 995,715, or AED 653 per sqft.
  • Rented since November 2014 on 13 Ejari contracts. The rent fell from AED 165,000 to AED 70,000 in 2021 and recovered to AED 125,000 by May 2026.
  • At AED 125,000 a year the gross yield on the 2014 price is 12.6%, 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 25 May 2026.

Questions about 2103, O2 Residence Tower

What did unit 2103 last sell for?

AED 995,715 on 18 February 2014, sold by the developer: AED 653 per sqft for 1,523 sqft. It is the only registered sale of the unit.

What is the rent for unit 2103?

AED 125,000 a year on the contract renewed on 25 May 2026. The previous contract, from May 2025, was AED 125,000; the unit has been rented since November 2014.

How big is unit 2103?

1,523 sqft (141.5 sqm): a two-bedroom apartment on the 21st floor of a 39-storey tower completed in 2009.

What is unit 2103 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 2103, O2 Residence Tower

Starts from the last sale price (AED 996K, 18 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 995,715
Deposit, UAE resident (20%)
AED 199,143
Deposit, non-resident (40%)
AED 398,286
Monthly over 25 years at 3.7%
AED 4,074

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