Studio · 457 sqftO2 Tower JVC, Jumeirah Village Circle (JVC) · 16th floor · completed 2021

1601, O2 Tower JVC

Sold prices and rental history: sold once, by the developer in October 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 442K24 October 2021
Current rentAED 38K /yr15 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, O2 Tower JVC

What is 1601 worth today?

Last sold for AED 441,578 in 2021

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15 Jun 2026RentedNew contract
AED 38,000/yr12 months · AED 84 per sqft
1 May 2024RentedNew contract
AED 45,000/yr12 months · AED 100 per sqft
2 Dec 2022RentedNew contract
AED 32,000/yr12 months · AED 71 per sqft
15 Jan 2022RentedNew contract
AED 26,000/yr12 months · AED 58 per sqft
24 Oct 2021Sold by developerOff-plan
AED 441,578AED 966 per sqft

Source: Dubai Land Department. Updated 15 June 2026.

Key facts

Type
Studio apartment
Size
457 sqft
Floor
16th of 34
Parking
B3-16
Developer
Tiger Properties
Completed
2021
Service charge
AED 7,300 /yr
Last sold
AED 442K · October 2021
Building
O2 Tower JVC

About 1601, O2 Tower JVC

1601 is a studio of 457 sqft on the 16th 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 24 October 2021 for AED 441,578, or AED 966 per sqft, in line with the AED 951 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 15 June 2026, is AED 38,000 a year: a gross yield of 8.6% on the 2021 price, before the service charge of about AED 7,300 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, 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, October 2021: AED 441,578 (AED 966 per sqft)

1601 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1601, 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, January 2022: AED 26,000 a yearNew contract, December 2022: AED 32,000 a yearNew contract, May 2024: AED 45,000 a yearNew contract, June 2026: AED 38,000 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 1601 sits

All 162 studios →

1601 last sold in October 2021 at AED 966 per sqft, in line with what studios in O2 Tower JVC were fetching at the time (AED 951). 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. 1601's AED 38,000 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 16th floor

All 298 units in O2 Tower JVC
Value
16021-bedAED 815K · Jul 2024
16031-bedAED 600K · Feb 2023
1604StudioAED 480K · Jan 2021
1605StudioAED 448K · Sep 2025
1606StudioAED 452K · Feb 2018
1607StudioAED 525K · Dec 2025
16081-bedAED 832K · Nov 2023
1–7 of 10

1601, O2 Tower JVC in numbers

  • Sold once: by Tiger Properties on 24 October 2021 for AED 441,578, or AED 966 per sqft.
  • Rented since January 2022 on 4 Ejari contracts, from AED 26,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2021 price is 8.6%, before a service charge of about AED 7,300 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 June 2026.

Questions about 1601, O2 Tower JVC

What did unit 1601 last sell for?

AED 441,578 on 24 October 2021, sold by the developer: AED 966 per sqft for 457 sqft. It is the only registered sale of the unit.

What is the rent for unit 1601?

AED 38,000 a year on the contract signed on 15 June 2026. The previous contract, from May 2024, was AED 45,000; the unit has been rented since January 2022.

How big is unit 1601?

457 sqft (42.5 sqm): a studio on the 16th floor of a 34-storey tower completed in 2021.

What is unit 1601 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 1601, O2 Tower JVC

Starts from the last sale price (AED 442K, 24 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 441,578
Deposit, UAE resident (20%)
AED 88,316
Deposit, non-resident (40%)
AED 176,631
Monthly over 25 years at 3.7%
AED 1,807

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