Studio · 376 sqftO2 Tower JVC, Jumeirah Village Circle (JVC) · 29th floor · completed 2021

2906, O2 Tower JVC

Sold prices and rental history: sold once, by the developer in October 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2906 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 433K15 October 2018
Current rentAED 42K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2906, O2 Tower JVC

What is 2906 worth today?

Last sold for AED 433,191 in 2018

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1 Oct 2024RentedRenewal
AED 42,000/yr12 months · AED 111 per sqft
1 Oct 2023RentedRenewal
AED 35,000/yr12 months · AED 93 per sqft
1 Oct 2022RentedNew contract
AED 35,000/yr12 months · AED 93 per sqft
15 Oct 2018Sold by developerOff-plan
AED 433,191AED 1,152 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio apartment
Size
376 sqft
Floor
29th of 34
Parking
B3-09
Developer
Tiger Properties
Completed
2021
Service charge
AED 6,000 /yr
Last sold
AED 433K · October 2018
Building
O2 Tower JVC

About 2906, O2 Tower JVC

2906 is a studio of 376 sqft on the 29th 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 15 October 2018 for AED 433,191, or AED 1,152 per sqft, in line with the AED 1,164 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 42,000 a year: a gross yield of 9.7% on the 2018 price, before the service charge of about AED 6,000 a year.

Sales and rents for 2906 over time

Sales
Unit 2906, 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, October 2018: AED 433,191 (AED 1,152 per sqft)

2906 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2906, each contractTypical studio in O2 Tower JVC
30K40K2021202320252027Typical 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, October 2022: AED 35,000 a yearRenewal, October 2023: AED 35,000 a yearRenewal, October 2024: AED 42,000 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 2906 sits

All 162 studios →

2906 last sold in October 2018 at AED 1,152 per sqft, in line with what studios in O2 Tower JVC were fetching at the time (AED 1,164). 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. 2906's AED 42,000 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 29th floor

All 298 units in O2 Tower JVC
Value
2901StudioAED 453K · May 2019
29021-bedAED 860K · Jul 2024
29031-bedAED 650K · Aug 2022
2904StudioNo registered sale
2905StudioAED 488K · Oct 2018
2907StudioAED 526K · Jan 2024
29081-bedAED 250K · May 2021
1–7 of 10

2906, O2 Tower JVC in numbers

  • Sold once: by Tiger Properties on 15 October 2018 for AED 433,191, or AED 1,152 per sqft.
  • Rented since October 2022 on 3 Ejari contracts, from AED 35,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2018 price is 9.7%, before a service charge of about AED 6,000 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 1 October 2024.

Questions about 2906, O2 Tower JVC

What did unit 2906 last sell for?

AED 433,191 on 15 October 2018, sold by the developer: AED 1,152 per sqft for 376 sqft. It is the only registered sale of the unit.

What is the rent for unit 2906?

AED 42,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 35,000; the unit has been rented since October 2022.

How big is unit 2906?

376 sqft (34.9 sqm): a studio on the 29th floor of a 34-storey tower completed in 2021.

What is unit 2906 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 2906, O2 Tower JVC

Starts from the last sale price (AED 433K, 15 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 433,191
Deposit, UAE resident (20%)
AED 86,638
Deposit, non-resident (40%)
AED 173,276
Monthly over 25 years at 3.7%
AED 1,772

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