802, O2 Residence Tower
Sold prices and rental history: sold 3 times, last in November 2021, 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 802, O2 Residence Tower
What is 802 worth today?
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Source: Dubai Land Department. Updated 25 November 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 948 sqft
- Floor
- 8th of 39
- Parking
- DMCC-2013
- Developer
- Vakson First Property Development
- Completed
- 2009
- Service charge
- AED 13,800 /yr
- Last sold
- AED 740K · November 2021
- Building
- O2 Residence Tower
About 802, O2 Residence Tower
802 is a one-bedroom apartment of 948 sqft on the 8th 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 25 November 2021 for AED 740,000, or AED 780 per sqft, 8% above the AED 722 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 7 October 2021, is AED 52,000 a year: a gross yield of 7.0% on the 2021 price, before the service charge of about AED 13,800 a year.
Sales and rents for 802 over time
802 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 802 sits
All 204 1-beds →802 last sold in November 2021 at AED 780 per sqft, 8% above what one-beds in O2 Residence Tower were fetching at the time (AED 722). 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. 802's AED 52,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Apr 202629 April 2026 | 786 sqft | 1,100,000 | 1,398 | ||
| 17 Feb 202617 February 2026 | 798 sqft | 1,170,000 | 1,466 | ||
| 12 Feb 202612 February 2026 | 786 sqft | 1,200,000 | 1,525 | ||
| 11 Dec 202511 December 2025 | 962 sqft | 1,100,000 | 1,143 |
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 8th floor
All 317 units in O2 Residence Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 857 sqft | AED 652KAED 652,000 · Dec 2012December 2012 | 78,000 /yr | |
| 803 | 2-bed | 1,523 sqft | AED 1.17MAED 1,168,500 · Oct 2012October 2012 | 120,000 /yr | |
| 804 | 2-bed | 1,523 sqft | AED 1.95MAED 1,950,000 · Aug 2026August 2026 | 130,000 /yr | |
| 805 | 1-bed | 948 sqft | AED 1.22MAED 1,215,000 · Mar 2025March 2025 | 79,200 /yr | |
| 806 | 1-bed | 857 sqft | AED 652KAED 652,000 · Dec 2012December 2012 | 85,000 /yr | |
| 807 | 1-bed | 786 sqft | AED 604KAED 604,000 · Oct 2012October 2012 | 88,000 /yr | |
| 808 | 1-bed | 943 sqft | AED 950KAED 950,000 · May 2023May 2023 | 55,000 /yr | |
| 809 | 1-bed | 943 sqft | AED 1.18MAED 1,175,000 · Oct 2013October 2013 | 72,000 /yr | |
| 810 | 1-bed | 786 sqft | AED 604KAED 604,000 · Oct 2012October 2012 | 85,000 /yr |
802, O2 Residence Tower in numbers
- Sold 3 times: first on 21 October 2012 for AED 824,736, last on 25 November 2021 for AED 740,000 (AED 780 per sqft).
- Rented since July 2017 on 4 Ejari contracts, from AED 90,000 to AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2021 price is 7.0%, before a service charge of about AED 13,800 a year (AED 14.56 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 25 November 2021.
Questions about 802, O2 Residence Tower
What did unit 802 last sell for?
AED 740,000 on 25 November 2021: AED 780 per sqft for 948 sqft. The unit has 3 registered sales; the first was AED 824,736 in October 2012.
What is the rent for unit 802?
AED 52,000 a year on the contract renewed on 7 October 2021. The previous contract, from October 2020, was AED 48,000; the unit has been rented since July 2017.
How big is unit 802?
948 sqft (88.1 sqm): a one-bedroom apartment on the 8th floor of a 39-storey tower completed in 2009.
What is unit 802 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 802, O2 Residence Tower
Starts from the last sale price (AED 740K, 25 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 740,000
- Deposit, UAE resident (20%)
- AED 148,000
- Deposit, non-resident (40%)
- AED 296,000
- Monthly over 25 years at 3.7%
- AED 3,028
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →