1603, O2 Tower JVC
Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, O2 Tower JVC
What is 1603 worth today?
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Source: Dubai Land Department. Updated 1 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 684 sqft
- Floor
- 16th of 34
- Parking
- B3-17
- Developer
- Tiger Properties
- Completed
- 2021
- Service charge
- AED 10,900 /yr
- Last sold
- AED 600K · February 2023
- Building
- O2 Tower JVC
About 1603, O2 Tower JVC
1603 is a one-bedroom apartment of 684 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 17 February 2023 for AED 600,000, or AED 877 per sqft, 17% above the AED 749 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 1 April 2026, is AED 65,000 a year: a gross yield of 10.8% on the 2023 price, before the service charge of about AED 10,900 a year.
Sales and rents for 1603 over time
1603 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1603 sits
All 136 1-beds →1603 last sold in February 2023 at AED 877 per sqft, 17% above what one-beds in O2 Tower JVC were fetching at the time (AED 749). 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. 1603's AED 65,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 820 sqft | 808,000 | 985 | ||
| 23 Oct 202623 October 2026 | 824 sqft | 955,000 | 1,158 | ||
| 12 Oct 202612 October 2026 | 1,040 sqft | 905,000 | 870 | ||
| 2 Jul 20262 July 2026 | 967 sqft | 886,000 | 915 |
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 16th floor
All 298 units in O2 Tower JVC| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | Studio | 457 sqft | AED 442KAED 441,578 · Oct 2021October 2021 | 38,000 /yr | |
| 1602 | 1-bed | 811 sqft | AED 815KAED 815,000 · Jul 2024July 2024 | 55,000 /yr | |
| 1604 | Studio | 501 sqft | AED 480KAED 480,000 · Jan 2021January 2021 | 55,000 /yr | |
| 1605 | Studio | 451 sqft | AED 448KAED 448,160 · Sep 2025September 2025 | 75,000 /yr | |
| 1606 | Studio | 371 sqft | AED 452KAED 451,880 · Feb 2018February 2018 | 48,000 /yr | |
| 1607 | Studio | 349 sqft | AED 525KAED 525,000 · Dec 2025December 2025 | ||
| 1608 | 1-bed | 1,014 sqft | AED 832KAED 831,500 · Nov 2023November 2023 | 75,000 /yr | |
| 1609 | 1-bed | 967 sqft | AED 794KAED 793,500 · Nov 2023November 2023 | 70,000 /yr | |
| 1610 | Studio | 331 sqft | AED 388KAED 387,694 · Feb 2018February 2018 | 38,000 /yr | |
| 1611 | 1-bed | 820 sqft | AED 800KAED 800,000 · Aug 2023August 2023 | 30,000 /yr |
1603, O2 Tower JVC in numbers
- Sold twice: first on 25 December 2017 for AED 693,678, last on 17 February 2023 for AED 600,000 (AED 877 per sqft).
- Rented since January 2022 on 6 Ejari contracts, from AED 50,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2023 price is 10.8%, before a service charge of about AED 10,900 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 April 2026.
Questions about 1603, O2 Tower JVC
What did unit 1603 last sell for?
AED 600,000 on 17 February 2023: AED 877 per sqft for 684 sqft. The unit has 2 registered sales; the first was AED 693,678 in December 2017.
What is the rent for unit 1603?
AED 65,000 a year on the contract signed on 1 April 2026. The previous contract, from April 2025, was AED 60,000; the unit has been rented since January 2022.
How big is unit 1603?
684 sqft (63.5 sqm): a one-bedroom apartment on the 16th floor of a 34-storey tower completed in 2021.
What is unit 1603 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 1603, O2 Tower JVC
Starts from the last sale price (AED 600K, 17 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →