Studio · 371 sqftO2 Tower JVC, Jumeirah Village Circle (JVC) · 15th floor · completed 2021

1506, O2 Tower JVC

Sold prices and rental history: sold twice, last in August 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 499K29 August 2025
Current rentAED 42K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, O2 Tower JVC

What is 1506 worth today?

Last sold for AED 499,000 in 2025

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15 Oct 2026RentedNew contract
AED 42,000/yr12 months · AED 113 per sqft
16 Oct 2025RentedNew contract
AED 42,000/yr12 months · AED 115 per sqft
29 Aug 2025SoldReady
AED 499,000AED 1,345 per sqft
18 Jan 2018Sold by developerOff-plan
AED 447,266AED 1,205 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
Studio apartment
Size
371 sqft
Floor
15th of 34
Parking
B3-14
Developer
Tiger Properties
Completed
2021
Service charge
AED 5,900 /yr
Last sold
AED 499K · August 2025
Building
O2 Tower JVC

About 1506, O2 Tower JVC

1506 is a studio of 371 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 29 August 2025 for AED 499,000, or AED 1,345 per sqft, in line with the AED 1,330 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 15 October 2026, is AED 42,000 a year: a gross yield of 8.4% on the 2025 price, before the service charge of about AED 5,900 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, 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 2018: AED 447,266 (AED 1,205 per sqft)Sold, August 2025: AED 499,000 (AED 1,345 per sqft)

1506 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1506, each contractTypical studio in O2 Tower JVC
30K40K2021202320252027Typical 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 42,000New contract, October 2025: AED 42,000 a yearNew contract, October 2026: AED 42,000 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 1506 sits

All 162 studios →

1506 last sold in August 2025 at AED 1,345 per sqft, in line with what studios in O2 Tower JVC were fetching at the time (AED 1,330). 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. 1506's AED 42,000 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 52K /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
1504StudioAED 450K · May 2024
1505StudioAED 550K · Oct 2024
1507StudioAED 390K · Feb 2018
15081-bedAED 950K · Aug 2025
1–7 of 10

1506, O2 Tower JVC in numbers

  • Sold twice: first on 18 January 2018 for AED 447,266, last on 29 August 2025 for AED 499,000 (AED 1,345 per sqft).
  • Rented since October 2025 on 2 Ejari contracts, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2025 price is 8.4%, 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 15 October 2026.

Questions about 1506, O2 Tower JVC

What did unit 1506 last sell for?

AED 499,000 on 29 August 2025: AED 1,345 per sqft for 371 sqft. The unit has 2 registered sales; the first was AED 447,266 in January 2018.

What is the rent for unit 1506?

AED 42,000 a year on the contract signed on 15 October 2026. The previous contract, from October 2025, was AED 42,000.

How big is unit 1506?

371 sqft (34.5 sqm): a studio on the 15th floor of a 34-storey tower completed in 2021.

What is unit 1506 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 1506, O2 Tower JVC

Starts from the last sale price (AED 499K, 29 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 499,000
Deposit, UAE resident (20%)
AED 99,800
Deposit, non-resident (40%)
AED 199,600
Monthly over 25 years at 3.7%
AED 2,042

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