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

404, O2 Residence Tower

Sold prices and rental history: no registered sale, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 15 April 2026
Current rentAED 125K /yr15 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 404, O2 Residence Tower

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15 Apr 2026RentedRenewal
AED 125,000/yr12 months · AED 83 per sqft
15 Apr 2025RentedNew contract
AED 125,000/yr12 months · AED 83 per sqft
1 Apr 2024RentedRenewal
AED 84,700/yr12 months · AED 56 per sqft
1 Apr 2023RentedRenewal
AED 77,000/yr12 months · AED 51 per sqft
1 Apr 2022RentedRenewal
AED 70,000/yr12 months · AED 46 per sqft
1 Apr 2021RentedNew contract
AED 65,000/yr12 months · AED 43 per sqft
1 Apr 2020RentedRenewal
AED 85,000/yr12 months · AED 56 per sqft
1 Apr 2019RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 15 April 2026.

Key facts

Type
2-bed apartment
Size
1,508 sqft
Floor
4th of 39
Parking
DMCC-0064
Developer
Vakson First Property Development
Completed
2009
Service charge
AED 22,000 /yr
Last sold
No registered sale
Building
O2 Residence Tower

About 404, O2 Residence Tower

404 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 2014 on 14 Ejari contracts. The current contract, renewed on 15 April 2026, is AED 125,000 a year, before the service charge of about AED 22,000 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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 404; the dashed line is the two-bed median of each year in the building.

Rents
Unit 404, 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 2014: AED 135,000 a yearNew contract, June 2015: AED 120,000 a yearRenewal, June 2016: AED 120,000 a yearRenewal, June 2017: AED 120,000 a yearNew contract, June 2018: AED 120,000 a yearRenewal, December 2018: AED 108,000 a yearNew contract, April 2019: AED 90,000 a yearRenewal, April 2020: AED 85,000 a yearNew contract, April 2021: AED 65,000 a yearRenewal, April 2022: AED 70,000 a yearRenewal, April 2023: AED 77,000 a yearRenewal, April 2024: AED 84,700 a yearNew contract, April 2025: AED 125,000 a yearRenewal, April 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 404 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. 404'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 4th floor

All 317 units in O2 Residence Tower
Value
401StudioNo registered sale
4021-bedNo registered sale
4032-bedNo registered sale
4051-bedNo registered sale
406StudioNo registered sale
4071-bedNo registered sale
4082-bedNo registered sale
1–7 of 9

404, O2 Residence Tower in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since March 2014 on 14 Ejari contracts. The rent fell from AED 135,000 to AED 65,000 in 2021 and recovered to AED 125,000 by April 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 15 April 2026.

Questions about 404, O2 Residence Tower

What is the rent for unit 404?

AED 125,000 a year on the contract renewed on 15 April 2026. The previous contract, from April 2025, was AED 125,000; the unit has been rented since March 2014.

How big is unit 404?

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 404 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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