Studio · 344 sqftO2 Tower JVC, Jumeirah Village Circle (JVC) · 24th floor · completed 2021

2407, O2 Tower JVC

Sold prices and rental history: sold twice, last in January 2023, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2407 · DLD and Ejari recordsUpdated 9 November 2024
Last soldAED 370K3 January 2023
Current rentAED 66K /yr9 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2407, O2 Tower JVC

What is 2407 worth today?

Last sold for AED 370,000 in 2023

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9 Nov 2024RentedNew contract
AED 66,000/yr12 months · AED 192 per sqft
3 Jan 2023SoldReady
AED 370,000AED 1,076 per sqft
25 Jan 2018Sold by developerOff-plan
AED 390,373AED 1,135 per sqft

Source: Dubai Land Department. Updated 9 November 2024.

Key facts

Type
Studio apartment
Size
344 sqft
Floor
24th of 34
Parking
B2-11
Developer
Tiger Properties
Completed
2021
Service charge
AED 5,500 /yr
Last sold
AED 370K · January 2023
Building
O2 Tower JVC

About 2407, O2 Tower JVC

2407 is a studio of 344 sqft on the 24th floor of O2 Tower JVC, a 34-storey tower in Jumeirah Village Circle (JVC) completed in 2021 by Tiger Properties. It last sold on 3 January 2023 for AED 370,000, or AED 1,076 per sqft, 9% above the AED 990 studios in the building were fetching at the time.

One Ejari contract is registered, from 9 November 2024. The current contract, signed on 9 November 2024, is AED 66,000 a year: a gross yield of 17.8% on the 2023 price, before the service charge of about AED 5,500 a year.

Sales and rents for 2407 over time

Sales
Unit 2407, 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 390,373 (AED 1,135 per sqft)Sold, January 2023: AED 370,000 (AED 1,076 per sqft)

2407 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2407, each contractTypical studio in O2 Tower JVC
40K60K2021202320252027Typical 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, November 2024: AED 66,000 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 2407 sits

All 162 studios →

2407 last sold in January 2023 at AED 1,076 per sqft, 9% above what studios in O2 Tower JVC were fetching at the time (AED 990). 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. 2407's AED 66,000 is in the upper 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 24th floor

All 298 units in O2 Tower JVC
Value
24021-bedNo registered sale
24031-bedAED 700K · Apr 2018
2404StudioAED 500K · Jul 2024
2406StudioAED 415K · Aug 2020
24081-bedAED 938K · Sep 2024
24091-bedAED 920K · Oct 2025
2410StudioAED 500K · Nov 2024
1–7 of 8

2407, O2 Tower JVC in numbers

  • Sold twice: first on 25 January 2018 for AED 390,373, last on 3 January 2023 for AED 370,000 (AED 1,076 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2023 price is 17.8%, before a service charge of about AED 5,500 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 9 November 2024.

Questions about 2407, O2 Tower JVC

What did unit 2407 last sell for?

AED 370,000 on 3 January 2023: AED 1,076 per sqft for 344 sqft. The unit has 2 registered sales; the first was AED 390,373 in January 2018.

What is the rent for unit 2407?

AED 66,000 a year on the contract signed on 9 November 2024.

How big is unit 2407?

344 sqft (32.0 sqm): a studio on the 24th floor of a 34-storey tower completed in 2021.

What is unit 2407 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 2407, O2 Tower JVC

Starts from the last sale price (AED 370K, 3 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

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