604, O2 Residence Tower
Sold prices and rental history: sold once, by the developer in October 2015, 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 604, O2 Residence Tower
What is 604 worth today?
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Source: Dubai Land Department. Updated 15 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,489 sqft
- Floor
- 6th of 39
- Parking
- DMCC-0087
- Developer
- Vakson First Property Development
- Completed
- 2009
- Service charge
- AED 21,700 /yr
- Last sold
- AED 950K · October 2015
- Building
- O2 Residence Tower
About 604, O2 Residence Tower
604 is a two-bedroom apartment of 1,489 sqft on the 6th 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 6 October 2015 for AED 950,180, or AED 638 per sqft, in line with the AED 638 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 15 February 2026, is AED 95,504 a year: a gross yield of 10.1% on the 2015 price, before the service charge of about AED 21,700 a year.
Sales and rents for 604 over time
604 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 604 sits
All 66 2-beds →604 last sold in October 2015 at AED 638 per sqft, in line with what two-beds in O2 Residence Tower were fetching at the time (AED 638). 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. 604's AED 95,504 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 6th floor
All 317 units in O2 Residence Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | Studio | 576 sqft | AED 840KAED 840,000 · Mar 2015March 2015 | 65,000 /yr | |
| 602 | 1-bed | 1,080 sqft | AED 689KAED 688,938 · Oct 2015October 2015 | 85,000 /yr | |
| 603 | 2-bed | 1,489 sqft | AED 950KAED 950,180 · Oct 2015October 2015 | 150,000 /yr | |
| 605 | 1-bed | 1,080 sqft | AED 689KAED 688,938 · Oct 2015October 2015 | 80,000 /yr | |
| 606 | Studio | 576 sqft | AED 840KAED 840,000 · Mar 2015March 2015 | 67,500 /yr | |
| 607 | 1-bed | 798 sqft | AED 1.04MAED 1,035,000 · Feb 2015February 2015 | 85,000 /yr | |
| 608 | 2-bed | 1,335 sqft | AED 851KAED 851,494 · Oct 2015October 2015 | 140,000 /yr | |
| 609 | 2-bed | 1,335 sqft | AED 851KAED 851,494 · Oct 2015October 2015 | 110,000 /yr | |
| 610 | 1-bed | 798 sqft | AED 1.1MAED 1,100,000 · Apr 2025April 2025 | 83,767 /yr |
604, O2 Residence Tower in numbers
- Sold once: by Vakson First Property Development on 6 October 2015 for AED 950,180, or AED 638 per sqft.
- Rented since October 2017 on 10 Ejari contracts. The rent fell from AED 123,000 to AED 75,000 in 2021 and recovered to AED 95,504 by February 2026.
- At AED 95,504 a year the gross yield on the 2015 price is 10.1%, before a service charge of about AED 21,700 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 15 February 2026.
Questions about 604, O2 Residence Tower
What did unit 604 last sell for?
AED 950,180 on 6 October 2015, sold by the developer: AED 638 per sqft for 1,489 sqft. It is the only registered sale of the unit.
What is the rent for unit 604?
AED 95,504 a year on the contract renewed on 15 February 2026. The previous contract, from February 2025, was AED 95,504; the unit has been rented since October 2017.
How big is unit 604?
1,489 sqft (138.3 sqm): a two-bedroom apartment on the 6th floor of a 39-storey tower completed in 2009.
What is unit 604 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 604, O2 Residence Tower
Starts from the last sale price (AED 950K, 6 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 950,180
- Deposit, UAE resident (20%)
- AED 190,036
- Deposit, non-resident (40%)
- AED 380,072
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →