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1-bed · 962 sqftO2 Residence Tower, Jumeirah Lake Towers (JLT) · 28th floor · completed 2009

2802, O2 Residence Tower

Sold prices and rental history: sold 4 times, last in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2802 · DLD and Ejari recordsUpdated 30 April 2024
Last soldAED 1.3M30 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2802, O2 Residence Tower

What is 2802 worth today?

Last sold for AED 1,300,000 in 2024

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30 Apr 2024SoldReady
AED 1,300,000AED 1,351 per sqft
16 Jul 2019SoldReady
AED 840,000AED 873 per sqft
31 Jan 2013SoldReady
AED 925,000AED 961 per sqft
21 Oct 2012Sold by developerReady
AED 828,000AED 861 per sqft

Source: Dubai Land Department. Updated 30 April 2024.

Key facts

Type
1-bed apartment
Size
962 sqft
Floor
28th of 39
Parking
DMCC-3214
Developer
Vakson First Property Development
Completed
2009
Service charge
AED 14,000 /yr
Last sold
AED 1.3M · April 2024
Building
O2 Residence Tower

About 2802, O2 Residence Tower

2802 is a one-bedroom apartment of 962 sqft on the 28th 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 30 April 2024 for AED 1,300,000, or AED 1,351 per sqft, 26% above the AED 1,070 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2802 over time

Sales
Unit 2802, each saleTypical one-bed in O2 Residence Tower
1M2012201620202024Typical sale price by year: 2012 AED 727,000; 2013 AED 741,080; 2014 AED 1,125,000; 2015 AED 1,090,000; 2016 AED 1,050,000; 2017 AED 1,060,000; 2018 AED 902,500; 2019 AED 780,000; 2020 AED 642,500; 2021 AED 690,000; 2022 AED 860,000; 2023 AED 925,000; 2024 AED 1,100,000; 2025 AED 1,137,500; 2026 AED 1,170,000Sold by developer, October 2012: AED 828,000 (AED 861 per sqft)Sold, January 2013: AED 925,000 (AED 961 per sqft)Sold, July 2019: AED 840,000 (AED 873 per sqft)Sold, April 2024: AED 1,300,000 (AED 1,351 per sqft)

2802 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2802, each contractTypical one-bed in O2 Residence Tower
60K80K2012201620202024Typical rent by year: 2012 AED 64,500; 2013 AED 68,000; 2014 AED 82,000; 2015 AED 85,000; 2016 AED 87,000; 2017 AED 85,000; 2018 AED 75,000; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 50,000; 2022 AED 55,000; 2023 AED 65,000; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 80,000

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 2802 sits

All 204 1-beds →

2802 last sold in April 2024 at AED 1,351 per sqft, 26% above what one-beds in O2 Residence Tower were fetching at the time (AED 1,070). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Apr 20261,100,000
17 Feb 20261,170,000
12 Feb 20261,200,000
11 Dec 20251,100,000
6 1-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 28th floor

All 317 units in O2 Residence Tower
Value
28011-bedAED 1.16M · Mar 2017
28032-bedAED 1.4M · Aug 2022
28042-bedAED 1.2M · Jun 2021
28051-bedAED 1.12M · Jul 2017
28061-bedAED 600K · Mar 2013
28071-bedAED 687K · Dec 2012
28081-bedAED 870K · Apr 2022
1–7 of 9

2802, O2 Residence Tower in numbers

  • Sold 4 times: first on 21 October 2012 for AED 828,000, last on 30 April 2024 for AED 1,300,000 (AED 1,351 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 30 April 2024.

Questions about 2802, O2 Residence Tower

What did unit 2802 last sell for?

AED 1,300,000 on 30 April 2024: AED 1,351 per sqft for 962 sqft. The unit has 4 registered sales; the first was AED 828,000 in October 2012.

How big is unit 2802?

962 sqft (89.4 sqm): a one-bedroom apartment on the 28th floor of a 39-storey tower completed in 2009.

What is unit 2802 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 2802, O2 Residence Tower

Starts from the last sale price (AED 1.3M, 30 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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