1-bed · 811 sqftO2 Tower JVC, Jumeirah Village Circle (JVC) · 16th floor · completed 2021

1602, O2 Tower JVC

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

Unit 1602 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 815K24 July 2024
Current rentAED 55K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, O2 Tower JVC

What is 1602 worth today?

Last sold for AED 815,000 in 2024

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1 Oct 2026RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
18 Jul 2025RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
18 Jul 2025RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
10 Nov 2024RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
24 Jul 2024SoldReady
AED 815,000AED 1,005 per sqft
9 Feb 2020Sold by developerOff-plan
AED 937,596AED 1,156 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
16th of 34
Parking
P3-54
Developer
Tiger Properties
Completed
2021
Service charge
AED 12,900 /yr
Last sold
AED 815K · July 2024
Building
O2 Tower JVC

About 1602, O2 Tower JVC

1602 is a one-bedroom apartment of 811 sqft on the 16th floor of O2 Tower JVC, a 34-storey tower in Jumeirah Village Circle (JVC) completed in 2021 by Tiger Properties. It last sold on 24 July 2024 for AED 815,000, or AED 1,005 per sqft, 18% above the AED 850 one-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 1 October 2026, is AED 55,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 12,900 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical one-bed in O2 Tower JVC
500K1M2018202120242027Typical sale price by year: 2018 AED 699,337; 2019 AED 670,000; 2020 AED 895,006; 2021 AED 250,000; 2022 AED 624,357; 2023 AED 724,740; 2024 AED 845,000; 2025 AED 920,000; 2026 AED 915,000Sold by developer, February 2020: AED 937,596 (AED 1,156 per sqft)Sold, July 2024: AED 815,000 (AED 1,005 per sqft)

1602 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1602, each contractTypical one-bed in O2 Tower JVC
60K2021202320252027Typical rent by year: 2021 AED 47,000; 2022 AED 47,500; 2023 AED 55,600; 2024 AED 60,000; 2025 AED 65,000; 2026 AED 65,000New contract, November 2024: AED 70,000 a yearNew contract, July 2025: AED 65,000 a yearNew contract, July 2025: AED 65,000 a yearNew contract, October 2026: AED 55,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in O2 Tower JVC, and where 1602 sits

All 136 1-beds →

1602 last sold in July 2024 at AED 1,005 per sqft, 18% above what one-beds in O2 Tower JVC were fetching at the time (AED 850). Over the last 12 months one-beds sold for AED 808,000 to 991,000, around AED 964 per sqft, and rent for AED 55,000 to 95,000 a year. 1602's AED 55,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Oct 2026808,000
23 Oct 2026955,000
12 Oct 2026905,000
2 Jul 2026886,000
16 1-bed 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
1601StudioAED 442K · Oct 2021
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

1602, O2 Tower JVC in numbers

  • Sold twice: first on 9 February 2020 for AED 937,596, last on 24 July 2024 for AED 815,000 (AED 1,005 per sqft).
  • Rented since November 2024 on 4 Ejari contracts, from AED 70,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 12,900 a year (AED 15.94 per sqft).
  • One-beds in O2 Tower JVC sold for AED 808,000–991,000 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 October 2026.

Questions about 1602, O2 Tower JVC

What did unit 1602 last sell for?

AED 815,000 on 24 July 2024: AED 1,005 per sqft for 811 sqft. The unit has 2 registered sales; the first was AED 937,596 in February 2020.

What is the rent for unit 1602?

AED 55,000 a year on the contract signed on 1 October 2026. The previous contract, from July 2025, was AED 65,000; the unit has been rented since November 2024.

How big is unit 1602?

811 sqft (75.3 sqm): a one-bedroom apartment on the 16th floor of a 34-storey tower completed in 2021.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in O2 Tower JVC sold for AED 808,000 to 991,000 in the last 12 months, around AED 964 per sqft.

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Mortgage on 1602, O2 Tower JVC

Starts from the last sale price (AED 815K, 24 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 815,000
Deposit, UAE resident (20%)
AED 163,000
Deposit, non-resident (40%)
AED 326,000
Monthly over 25 years at 3.7%
AED 3,334

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