Studio · 501 sqftO2 Tower JVC, Jumeirah Village Circle (JVC) · 15th floor · completed 2021

1504, O2 Tower JVC

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 450K14 May 2024
Current rentAED 46K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, O2 Tower JVC

What is 1504 worth today?

Last sold for AED 450,000 in 2024

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1 May 2025RentedNew contract
AED 46,000/yr12 months · AED 92 per sqft
1 May 2025RentedNew contract
AED 46,000/yr12 months · AED 92 per sqft
7 Oct 2024RentedNew contract
AED 48,000/yr12 months · AED 97 per sqft
14 May 2024SoldReady
AED 450,000AED 898 per sqft
7 Oct 2022RentedNew contract
AED 36,000/yr12 months · AED 71 per sqft
20 Jun 2022SoldReady
AED 375,000AED 748 per sqft
10 Jan 2022Sold by developerReady
AED 527,640AED 1,053 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
Studio apartment
Size
501 sqft
Floor
15th of 34
Parking
B3-12
Developer
Tiger Properties
Completed
2021
Service charge
AED 8,000 /yr
Last sold
AED 450K · May 2024
Building
O2 Tower JVC

About 1504, O2 Tower JVC

1504 is a studio of 501 sqft on the 15th floor of O2 Tower JVC, a 34-storey tower in Jumeirah Village Circle (JVC) completed in 2021 by Tiger Properties. It last sold on 14 May 2024 for AED 450,000, or AED 898 per sqft, 17% below the AED 1,076 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 May 2025, is AED 46,000 a year: a gross yield of 10.2% on the 2024 price, before the service charge of about AED 8,000 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical studio in O2 Tower JVC
400K500K2018202120242027Typical sale price by year: 2018 AED 398,340; 2019 AED 452,900; 2020 AED 411,151; 2021 AED 395,000; 2022 AED 396,670; 2023 AED 405,000; 2024 AED 477,500; 2025 AED 500,000; 2026 AED 550,000Sold by developer, January 2022: AED 527,640 (AED 1,053 per sqft)Sold, June 2022: AED 375,000 (AED 748 per sqft)Sold, May 2024: AED 450,000 (AED 898 per sqft)

1504 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1504, each contractTypical studio in O2 Tower JVC
30K40K50K2021202320252027Typical rent by year: 2021 AED 30,000; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 40,000; 2025 AED 43,000; 2026 AED 41,100New contract, October 2022: AED 36,000 a yearNew contract, October 2024: AED 48,000 a yearNew contract, May 2025: AED 46,000 a yearNew contract, May 2025: AED 46,000 a year

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 1504 sits

All 162 studios →

1504 last sold in May 2024 at AED 898 per sqft, 17% below what studios in O2 Tower JVC were fetching at the time (AED 1,076). 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. 1504's AED 46,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Oct 2026490,000
10 Jul 2026520,000
16 Jun 2026650,000
23 Feb 2026555,000
8 studio sales in the last 12 months

O2 Tower JVC

Building

298 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 51K /yr
Typical yield
9.2%
O2 Tower JVC, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 15th floor

All 298 units in O2 Tower JVC
Value
1501StudioAED 448K · Jan 2022
15021-bedNo registered sale
15031-bedAED 850K · Oct 2023
1505StudioAED 550K · Oct 2024
1506StudioAED 499K · Aug 2025
1507StudioAED 390K · Feb 2018
15081-bedAED 950K · Aug 2025
1–7 of 10

1504, O2 Tower JVC in numbers

  • Sold 3 times: first on 10 January 2022 for AED 527,640, last on 14 May 2024 for AED 450,000 (AED 898 per sqft).
  • Rented since October 2022 on 4 Ejari contracts, from AED 36,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2024 price is 10.2%, before a service charge of about AED 8,000 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 1 May 2025.

Questions about 1504, O2 Tower JVC

What did unit 1504 last sell for?

AED 450,000 on 14 May 2024: AED 898 per sqft for 501 sqft. The unit has 3 registered sales; the first was AED 527,640 in January 2022.

What is the rent for unit 1504?

AED 46,000 a year on the contract signed on 1 May 2025. The previous contract, from May 2025, was AED 46,000; the unit has been rented since October 2022.

How big is unit 1504?

501 sqft (46.5 sqm): a studio on the 15th floor of a 34-storey tower completed in 2021.

What is unit 1504 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 1504, O2 Tower JVC

Starts from the last sale price (AED 450K, 14 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →