1406, O2 Tower JVC
Sold prices and rental history: sold once, by the developer in May 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1406, O2 Tower JVC
What is 1406 worth today?
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Source: Dubai Land Department. Updated 20 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 371 sqft
- Floor
- 14th of 34
- Parking
- P2-62
- Developer
- Tiger Properties
- Completed
- 2021
- Service charge
- AED 5,900 /yr
- Last sold
- AED 461K · May 2019
- Building
- O2 Tower JVC
About 1406, O2 Tower JVC
1406 is a studio of 371 sqft on the 14th floor of O2 Tower JVC, a 34-storey tower in Jumeirah Village Circle (JVC) completed in 2021 by Tiger Properties. The developer sold it on 9 May 2019 for AED 461,099, or AED 1,243 per sqft, 4% above the AED 1,193 studios in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 20 August 2024, is AED 40,000 a year: a gross yield of 8.7% on the 2019 price, before the service charge of about AED 5,900 a year.
Sales and rents for 1406 over time
1406 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in O2 Tower JVC, and where 1406 sits
All 162 studios →1406 last sold in May 2019 at AED 1,243 per sqft, 4% above what studios in O2 Tower JVC were fetching at the time (AED 1,193). Over the last 12 months studios sold for AED 450,000 to 650,000, around AED 1,470 per sqft, and rent for AED 30,000 to 90,000 a year. 1406's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 331 sqft | 490,000 | 1,482 | ||
| 10 Jul 202610 July 2026 | 501 sqft | 520,000 | 1,038 | ||
| 16 Jun 202616 June 2026 | 452 sqft | 650,000 | 1,438 | ||
| 23 Feb 202623 February 2026 | 376 sqft | 555,000 | 1,476 |
O2 Tower JVC
Building298 apartments, studios to 1-bed over 34 floors in Jumeirah Village Circle (JVC), completed in 2021 by Tiger Properties. 24 sold in the last 12 months.
- Typical price per sqft
- AED 992 Up 0.4%
- Typical sale
- AED 855K
- Typical rent
- AED 52K /yr
- Typical yield
- 9.2%
Other units on the 14th floor
All 298 units in O2 Tower JVC| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | Studio | 457 sqft | AED 435KAED 434,784 · Oct 2021October 2021 | 42,500 /yr | |
| 1402 | 1-bed | 811 sqft | AED 675KAED 675,000 · Oct 2023October 2023 | 72,000 /yr | |
| 1403 | 1-bed | 684 sqft | AED 708KAED 707,834 · Feb 2018February 2018 | 65,000 /yr | |
| 1404 | Studio | 501 sqft | AED 560KAED 560,000 · Sep 2024September 2024 | 52,000 /yr | |
| 1405 | Studio | 451 sqft | No registered sale | 44,000 /yr | |
| 1407 | Studio | 349 sqft | AED 360KAED 360,000 · Mar 2023March 2023 | 36,000 /yr | |
| 1408 | 1-bed | 1,014 sqft | AED 930KAED 930,000 · Apr 2026April 2026 | 74,000 /yr | |
| 1409 | 1-bed | 967 sqft | AED 794KAED 793,500 · Nov 2023November 2023 | 54,285 /yr | |
| 1410 | Studio | 331 sqft | AED 388KAED 387,500 · Sep 2021September 2021 | 30,000 /yr | |
| 1411 | 1-bed | 820 sqft | AED 810KAED 810,000 · May 2025May 2025 | 75,000 /yr |
1406, O2 Tower JVC in numbers
- Sold once: by Tiger Properties on 9 May 2019 for AED 461,099, or AED 1,243 per sqft.
- Rented since January 2023 on 3 Ejari contracts, from AED 34,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2019 price is 8.7%, before a service charge of about AED 5,900 a year (AED 15.94 per sqft).
- Studios in O2 Tower JVC sold for AED 450,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 992 per sqft.
Source: Dubai Land Department. Updated 20 August 2024.
Questions about 1406, O2 Tower JVC
What did unit 1406 last sell for?
AED 461,099 on 9 May 2019, sold by the developer: AED 1,243 per sqft for 371 sqft. It is the only registered sale of the unit.
What is the rent for unit 1406?
AED 40,000 a year on the contract signed on 20 August 2024. The previous contract, from June 2023, was AED 36,000; the unit has been rented since January 2023.
How big is unit 1406?
371 sqft (34.5 sqm): a studio on the 14th floor of a 34-storey tower completed in 2021.
What is unit 1406 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in O2 Tower JVC sold for AED 450,000 to 650,000 in the last 12 months, around AED 1,470 per sqft.
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Mortgage on 1406, O2 Tower JVC
Starts from the last sale price (AED 461K, 9 May 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 461,099
- Deposit, UAE resident (20%)
- AED 92,220
- Deposit, non-resident (40%)
- AED 184,440
- Monthly over 25 years at 3.7%
- AED 1,886
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →