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2-bed · 1,508 sqftO2 Residence Tower, Jumeirah Lake Towers (JLT) · 4th floor · completed 2009

403, O2 Residence Tower

Sold prices and rental history: no registered sale, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 5 August 2026
Current rentAED 120K /yr5 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 403, O2 Residence Tower

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5 Aug 2026RentedNew contract
AED 120,000/yr12 months · AED 80 per sqft
5 Aug 2025RentedRenewal
AED 120,000/yr12 months · AED 80 per sqft
5 Aug 2024RentedRenewal
AED 95,865/yr12 months · AED 64 per sqft
5 Aug 2023RentedRenewal
AED 87,150/yr12 months · AED 58 per sqft
5 Aug 2022RentedNew contract
AED 83,000/yr12 months · AED 55 per sqft
1 Apr 2021RentedNew contract
AED 65,000/yr12 months · AED 43 per sqft
1 Apr 2020RentedNew contract
AED 80,000/yr12 months · AED 53 per sqft
19 Mar 2019RentedRenewal
AED 95,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 5 August 2026.

Key facts

Type
2-bed apartment
Size
1,508 sqft
Floor
4th of 39
Parking
DMCC-0063
Developer
Vakson First Property Development
Completed
2009
Service charge
AED 22,000 /yr
Last sold
No registered sale
Building
O2 Residence Tower

About 403, O2 Residence Tower

403 is a two-bedroom apartment of 1,508 sqft on the 4th floor of O2 Residence Tower, a 39-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by Vakson First Property Development . No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 5 August 2026, is AED 120,000 a year, before the service charge of about AED 22,000 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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 1,675,000

No registered sale of 403; the dashed line is the two-bed median of each year in the building.

Rents
Unit 403, each contractTypical two-bed in O2 Residence Tower
100K2012201620202024Typical 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 123,138New contract, March 2015: AED 135,000 a yearNew contract, March 2018: AED 110,000 a yearRenewal, March 2019: AED 95,000 a yearNew contract, April 2020: AED 80,000 a yearNew contract, April 2021: AED 65,000 a yearNew contract, August 2022: AED 83,000 a yearRenewal, August 2023: AED 87,150 a yearRenewal, August 2024: AED 95,865 a yearRenewal, August 2025: AED 120,000 a yearNew contract, August 2026: AED 120,000 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 403 sits

All 66 2-beds →

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. 403's AED 120,000 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 4th floor

All 317 units in O2 Residence Tower
Value
401StudioNo registered sale
4021-bedNo registered sale
4042-bedNo registered sale
4051-bedNo registered sale
406StudioNo registered sale
4071-bedNo registered sale
4082-bedNo registered sale
1–7 of 9

403, O2 Residence Tower in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since March 2015 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 65,000 in 2021 and recovered to AED 120,000 by August 2026.
  • 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 5 August 2026.

Questions about 403, O2 Residence Tower

What is the rent for unit 403?

AED 120,000 a year on the contract signed on 5 August 2026. The previous contract, from August 2025, was AED 120,000; the unit has been rented since March 2015.

How big is unit 403?

1,508 sqft (140.1 sqm): a two-bedroom apartment on the 4th floor of a 39-storey tower completed in 2009.

What is unit 403 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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