2302, O2 Residence Tower
Sold prices and rental history: sold 3 times, last in August 2016, and rented once, from August 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2302, O2 Residence Tower
What is 2302 worth today?
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Source: Dubai Land Department. Updated 17 August 2016.
Key facts
- Type
- 1-bed apartment
- Size
- 948 sqft
- Floor
- 23rd of 39
- Parking
- DMCC-1169
- Developer
- Vakson First Property Development
- Completed
- 2009
- Service charge
- AED 13,800 /yr
- Last sold
- AED 1.16M · August 2016
- Building
- O2 Residence Tower
About 2302, O2 Residence Tower
2302 is a one-bedroom apartment of 948 sqft on the 23rd 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 17 August 2016 for AED 1,155,000, or AED 1,217 per sqft, 4% above the AED 1,173 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 28 August 2013. The current contract, signed on 28 August 2013, is AED 75,000 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 13,800 a year.
Sales and rents for 2302 over time
2302 has sold 3 times; 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 2302 sits
All 204 1-beds →2302 last sold in August 2016 at AED 1,217 per sqft, 4% above what one-beds in O2 Residence Tower were fetching at the time (AED 1,173). 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. 2302's AED 75,000 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 23rd floor
All 317 units in O2 Residence Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 1-bed | 857 sqft | AED 777KAED 777,000 · Dec 2023December 2023 | 90,000 /yr | |
| 2303 | 2-bed | 1,523 sqft | AED 1.25MAED 1,250,000 · Nov 2017November 2017 | 99,225 /yr | |
| 2304 | 2-bed | 1,523 sqft | AED 1.25MAED 1,250,000 · Oct 2023October 2023 | 140,000 /yr | |
| 2305 | 1-bed | 948 sqft | AED 657KAED 656,879 · Apr 2024April 2024 | 90,000 /yr | |
| 2306 | 1-bed | 857 sqft | AED 594KAED 593,824 · Jun 2024June 2024 | 85,000 /yr | |
| 2307 | 1-bed | 786 sqft | AED 545KAED 544,627 · May 2024May 2024 | 85,000 /yr | |
| 2308 | 1-bed | 943 sqft | AED 653KAED 652,721 · Apr 2024April 2024 | 78,000 /yr | |
| 2309 | 1-bed | 943 sqft | No registered sale | 85,000 /yr | |
| 2310 | 1-bed | 786 sqft | AED 522KAED 521,878 · Jul 2024July 2024 | 85,000 /yr |
2302, O2 Residence Tower in numbers
- Sold 3 times: first on 17 March 2014 for AED 1,172,712, last on 17 August 2016 for AED 1,155,000 (AED 1,217 per sqft).
- Rented since August 2013 on one Ejari contract, at AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2016 price is 6.5%, before a service charge of about AED 13,800 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 17 August 2016.
Questions about 2302, O2 Residence Tower
What did unit 2302 last sell for?
AED 1,155,000 on 17 August 2016: AED 1,217 per sqft for 948 sqft. The unit has 3 registered sales; the first was AED 1,172,712 in March 2014.
What is the rent for unit 2302?
AED 75,000 a year on the contract signed on 28 August 2013.
How big is unit 2302?
948 sqft (88.1 sqm): a one-bedroom apartment on the 23rd floor of a 39-storey tower completed in 2009.
What is unit 2302 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 2302, O2 Residence Tower
Starts from the last sale price (AED 1.16M, 17 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,155,000
- Deposit, UAE resident (20%)
- AED 231,000
- Deposit, non-resident (40%)
- AED 462,000
- Monthly over 25 years at 3.7%
- AED 4,725
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →