3003, O2 Residence Tower
Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3003, O2 Residence Tower
What is 3003 worth today?
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Source: Dubai Land Department. Updated 17 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,517 sqft
- Floor
- 30th of 39
- Parking
- DMCC-3267
- Developer
- Vakson First Property Development
- Completed
- 2009
- Service charge
- AED 22,100 /yr
- Last sold
- AED 1.2M · October 2012
- Building
- O2 Residence Tower
About 3003, O2 Residence Tower
3003 is a two-bedroom apartment of 1,517 sqft on the 30th 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 3 October 2012 for AED 1,196,580, or AED 788 per sqft, in line with the AED 789 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 17 March 2026, is AED 140,000 a year: a gross yield of 11.7% on the 2012 price, before the service charge of about AED 22,100 a year.
Sales and rents for 3003 over time
3003 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 3003 sits
All 66 2-beds →3003 last sold in October 2012 at AED 788 per sqft, in line with what two-beds in O2 Residence Tower were fetching at the time (AED 789). 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. 3003's AED 140,000 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 30th floor
All 317 units in O2 Residence Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3001 | 1-bed | 865 sqft | AED 600KAED 600,000 · Jun 2021June 2021 | 73,000 /yr | |
| 3002 | 1-bed | 962 sqft | AED 1.08MAED 1,075,000 · Aug 2013August 2013 | 73,500 /yr | |
| 3004 | 2-bed | 1,517 sqft | AED 1.42MAED 1,420,000 · Oct 2022October 2022 | 140,000 /yr | |
| 3005 | 1-bed | 962 sqft | AED 745KAED 745,360 · Oct 2012October 2012 | 85,000 /yr | |
| 3006 | 1-bed | 823 sqft | AED 590KAED 590,000 · Jun 2021June 2021 | 75,000 /yr | |
| 3007 | 1-bed | 788 sqft | AED 695KAED 694,500 · Oct 2012October 2012 | 75,000 /yr | |
| 3008 | 1-bed | 943 sqft | AED 1.27MAED 1,265,000 · Dec 2024December 2024 | 50,000 /yr | |
| 3009 | 1-bed | 943 sqft | AED 1.3MAED 1,300,000 · Nov 2025November 2025 | 90,000 /yr | |
| 3010 | 1-bed | 788 sqft | AED 1.13MAED 1,125,000 · May 2014May 2014 | 90,956 /yr |
3003, O2 Residence Tower in numbers
- Sold once: by Vakson First Property Development on 3 October 2012 for AED 1,196,580, or AED 788 per sqft.
- Rented since December 2017 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2021 and recovered to AED 140,000 by March 2026.
- At AED 140,000 a year the gross yield on the 2012 price is 11.7%, before a service charge of about AED 22,100 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 17 March 2026.
Questions about 3003, O2 Residence Tower
What did unit 3003 last sell for?
AED 1,196,580 on 3 October 2012, sold by the developer: AED 788 per sqft for 1,517 sqft. It is the only registered sale of the unit.
What is the rent for unit 3003?
AED 140,000 a year on the contract renewed on 17 March 2026. The previous contract, from March 2025, was AED 140,000; the unit has been rented since December 2017.
How big is unit 3003?
1,517 sqft (140.9 sqm): a two-bedroom apartment on the 30th floor of a 39-storey tower completed in 2009.
What is unit 3003 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 3003, O2 Residence Tower
Starts from the last sale price (AED 1.2M, 3 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,196,580
- Deposit, UAE resident (20%)
- AED 239,316
- Deposit, non-resident (40%)
- AED 478,632
- Monthly over 25 years at 3.7%
- AED 4,896
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →