1-bed · 812 sqftO2 Tower JVC, Jumeirah Village Circle (JVC) · 29th floor · completed 2021

2902, O2 Tower JVC

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 12 December 2024
Last soldAED 860K9 July 2024
Current rentAED 65K /yr12 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, O2 Tower JVC

What is 2902 worth today?

Last sold for AED 860,000 in 2024

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12 Dec 2024RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
9 Jul 2024SoldReady
AED 860,000AED 1,059 per sqft
12 Oct 2023RentedRenewal
AED 51,000/yr12 months · AED 63 per sqft
12 Sep 2022RentedNew contract
AED 43,846/yr13 months · AED 54 per sqft
6 Apr 2022SoldReady
AED 608,858AED 749 per sqft
29 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 49 per sqft
25 May 2021Sold by developerOff-plan
AED 250,000AED 307 per sqft

Source: Dubai Land Department. Updated 12 December 2024.

Key facts

Type
1-bed apartment
Size
812 sqft
Floor
29th of 34
Parking
P3-27
Developer
Tiger Properties
Completed
2021
Service charge
AED 12,900 /yr
Last sold
AED 860K · July 2024
Building
O2 Tower JVC

About 2902, O2 Tower JVC

2902 is a one-bedroom apartment of 812 sqft on the 29th floor of O2 Tower JVC, a 34-storey tower in Jumeirah Village Circle (JVC) completed in 2021 by Tiger Properties. It last sold on 9 July 2024 for AED 860,000, or AED 1,059 per sqft, 25% above the AED 849 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 12 December 2024, is AED 65,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 12,900 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, 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, May 2021: AED 250,000 (AED 307 per sqft)Sold, April 2022: AED 608,858 (AED 749 per sqft)Sold, July 2024: AED 860,000 (AED 1,059 per sqft)

2902 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2902, each contractTypical one-bed in O2 Tower JVC
40K60K2021202320252027Typical 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, October 2021: AED 40,000 a yearNew contract, September 2022: AED 43,846 a yearRenewal, October 2023: AED 51,000 a yearNew contract, December 2024: AED 65,000 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 2902 sits

All 136 1-beds →

2902 last sold in July 2024 at AED 1,059 per sqft, 25% above what one-beds in O2 Tower JVC were fetching at the time (AED 849). 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. 2902's AED 65,000 is in the lower half 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 29th floor

All 298 units in O2 Tower JVC
Value
2901StudioAED 453K · May 2019
29031-bedAED 650K · Aug 2022
2904StudioNo registered sale
2905StudioAED 488K · Oct 2018
2906StudioAED 433K · Oct 2018
2907StudioAED 526K · Jan 2024
29081-bedAED 250K · May 2021
1–7 of 10

2902, O2 Tower JVC in numbers

  • Sold 3 times: first on 25 May 2021 for AED 250,000, last on 9 July 2024 for AED 860,000 (AED 1,059 per sqft).
  • Rented since October 2021 on 4 Ejari contracts, from AED 40,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 7.6%, 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 12 December 2024.

Questions about 2902, O2 Tower JVC

What did unit 2902 last sell for?

AED 860,000 on 9 July 2024: AED 1,059 per sqft for 812 sqft. The unit has 3 registered sales; the first was AED 250,000 in May 2021.

What is the rent for unit 2902?

AED 65,000 a year on the contract signed on 12 December 2024. The previous contract, from October 2023, was AED 51,000; the unit has been rented since October 2021.

How big is unit 2902?

812 sqft (75.4 sqm): a one-bedroom apartment on the 29th floor of a 34-storey tower completed in 2021.

What is unit 2902 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 2902, O2 Tower JVC

Starts from the last sale price (AED 860K, 9 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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