Studio · 698 sqftO2 Tower JVC, Jumeirah Village Circle (JVC) · 4th floor · completed 2021

405, O2 Tower JVC

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

Unit 405 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 428K12 January 2022
Current rentAED 47K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, O2 Tower JVC

What is 405 worth today?

Last sold for AED 428,462 in 2022

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5 Nov 2024RentedNew contract
AED 47,000/yr12 months · AED 67 per sqft
23 Aug 2023RentedRenewal
AED 33,000/yr12 months · AED 47 per sqft
23 Aug 2022RentedNew contract
AED 30,000/yr12 months · AED 43 per sqft
12 Jan 2022Sold by developerReady
AED 428,462AED 613 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
Studio apartment
Size
698 sqft
Floor
4th of 34
Parking
P2-05
Developer
Tiger Properties
Completed
2021
Service charge
AED 11,100 /yr
Last sold
AED 428K · January 2022
Building
O2 Tower JVC

About 405, O2 Tower JVC

405 is a studio of 698 sqft on the 4th 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 12 January 2022 for AED 428,462, or AED 613 per sqft, 37% below the AED 966 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 5 November 2024, is AED 47,000 a year: a gross yield of 11.0% on the 2022 price, before the service charge of about AED 11,100 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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 2022: AED 428,462 (AED 613 per sqft)

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

Rents
Unit 405, each contractTypical studio in O2 Tower JVC
30K40K50K2021202320252027Typical 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, August 2022: AED 30,000 a yearRenewal, August 2023: AED 33,000 a yearNew contract, November 2024: AED 47,000 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 405 sits

All 162 studios →

405 last sold in January 2022 at AED 613 per sqft, 37% below what studios in O2 Tower JVC were fetching at the time (AED 966). 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. 405's AED 47,000 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 4th floor

All 298 units in O2 Tower JVC
Value
401StudioAED 450K · Nov 2021
4021-bedAED 810K · Dec 2021
404StudioNo registered sale
406StudioAED 630K · May 2024
407StudioAED 398K · Jan 2018
4081-bedAED 1.09M · Apr 2022
4091-bedAED 900K · Apr 2025
1–7 of 9

405, O2 Tower JVC in numbers

  • Sold once: by Tiger Properties on 12 January 2022 for AED 428,462, or AED 613 per sqft.
  • Rented since August 2022 on 3 Ejari contracts, from AED 30,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2022 price is 11.0%, before a service charge of about AED 11,100 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 5 November 2024.

Questions about 405, O2 Tower JVC

What did unit 405 last sell for?

AED 428,462 on 12 January 2022, sold by the developer: AED 613 per sqft for 698 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 47,000 a year on the contract signed on 5 November 2024. The previous contract, from August 2023, was AED 33,000; the unit has been rented since August 2022.

How big is unit 405?

698 sqft (64.8 sqm): a studio on the 4th floor of a 34-storey tower completed in 2021.

What is unit 405 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 405, O2 Tower JVC

Starts from the last sale price (AED 428K, 12 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 428,462
Deposit, UAE resident (20%)
AED 85,692
Deposit, non-resident (40%)
AED 171,385
Monthly over 25 years at 3.7%
AED 1,753

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