Studio · 501 sqftO2 Tower JVC, Jumeirah Village Circle (JVC) · 16th floor · completed 2021

1604, O2 Tower JVC

Sold prices and rental history: sold once, by the developer in January 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 20 January 2025
Last soldAED 480K4 January 2021
Current rentAED 55K /yr20 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, O2 Tower JVC

What is 1604 worth today?

Last sold for AED 480,000 in 2021

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20 Jan 2025RentedNew contract
AED 55,000/yr12 months · AED 110 per sqft
20 Jan 2025RentedNew contract
AED 55,000/yr12 months · AED 110 per sqft
4 Jan 2021Sold by developerOff-plan
AED 480,000AED 958 per sqft

Source: Dubai Land Department. Updated 20 January 2025.

Key facts

Type
Studio apartment
Size
501 sqft
Floor
16th of 34
Parking
B3-18
Developer
Tiger Properties
Completed
2021
Service charge
AED 8,000 /yr
Last sold
AED 480K · January 2021
Building
O2 Tower JVC

About 1604, O2 Tower JVC

1604 is a studio of 501 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 4 January 2021 for AED 480,000, or AED 958 per sqft, 10% below the AED 1,060 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 20 January 2025, is AED 55,000 a year: a gross yield of 11.5% on the 2021 price, before the service charge of about AED 8,000 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, 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 2021: AED 480,000 (AED 958 per sqft)

1604 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1604, each contractTypical studio in O2 Tower JVC
40K2021202320252027Typical 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 2025: AED 55,000 a yearNew contract, January 2025: AED 55,000 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 1604 sits

All 162 studios →

1604 last sold in January 2021 at AED 958 per sqft, 10% below what studios in O2 Tower JVC were fetching at the time (AED 1,060). 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. 1604's AED 55,000 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
1601StudioAED 442K · Oct 2021
16021-bedAED 815K · Jul 2024
16031-bedAED 600K · Feb 2023
1605StudioAED 448K · Sep 2025
1606StudioAED 452K · Feb 2018
1607StudioAED 525K · Dec 2025
16081-bedAED 832K · Nov 2023
1–7 of 10

1604, O2 Tower JVC in numbers

  • Sold once: by Tiger Properties on 4 January 2021 for AED 480,000, or AED 958 per sqft.
  • Rented since January 2025 on 2 Ejari contracts, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2021 price is 11.5%, 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 20 January 2025.

Questions about 1604, O2 Tower JVC

What did unit 1604 last sell for?

AED 480,000 on 4 January 2021, sold by the developer: AED 958 per sqft for 501 sqft. It is the only registered sale of the unit.

What is the rent for unit 1604?

AED 55,000 a year on the contract signed on 20 January 2025. The previous contract, from January 2025, was AED 55,000.

How big is unit 1604?

501 sqft (46.5 sqm): a studio on the 16th floor of a 34-storey tower completed in 2021.

What is unit 1604 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 1604, O2 Tower JVC

Starts from the last sale price (AED 480K, 4 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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