Studio · 453 sqftO2 Tower JVC, Jumeirah Village Circle (JVC) · 5th floor · completed 2021

501, O2 Tower JVC

Sold prices and rental history: sold once, by the developer in May 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 31 January 2023
Last soldAED 453K23 May 2019
Current rentAED 30K /yr31 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, O2 Tower JVC

What is 501 worth today?

Last sold for AED 452,900 in 2019

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31 Jan 2023RentedNew contract
AED 30,000/yr12 months · AED 63 per sqft
26 Jan 2022RentedNew contract
AED 30,000/yr12 months · AED 63 per sqft
23 May 2019Sold by developerOff-plan
AED 452,900AED 999 per sqft

Source: Dubai Land Department. Updated 31 January 2023.

Key facts

Type
Studio apartment
Size
453 sqft
Floor
5th of 34
Parking
P2-09
Developer
Tiger Properties
Completed
2021
Service charge
AED 7,200 /yr
Last sold
AED 453K · May 2019
Building
O2 Tower JVC

About 501, O2 Tower JVC

501 is a studio of 453 sqft on the 5th 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 23 May 2019 for AED 452,900, or AED 999 per sqft, 16% below the AED 1,186 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 31 January 2023, is AED 30,000 a year: a gross yield of 6.6% on the 2019 price, before the service charge of about AED 7,200 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, May 2019: AED 452,900 (AED 999 per sqft)

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

Rents
Unit 501, 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, January 2022: AED 30,000 a yearNew contract, January 2023: AED 30,000 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 501 sits

All 162 studios →

501 last sold in May 2019 at AED 999 per sqft, 16% below what studios in O2 Tower JVC were fetching at the time (AED 1,186). 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. 501's AED 30,000 is at the bottom 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 5th floor

All 298 units in O2 Tower JVC
Value
5021-bedAED 619K · Apr 2022
5031-bedAED 633K · Apr 2019
504StudioNo registered sale
505StudioAED 432K · Nov 2021
506StudioAED 402K · Apr 2019
507StudioAED 398K · Feb 2018
5081-bedAED 905K · Oct 2026
1–7 of 10

501, O2 Tower JVC in numbers

  • Sold once: by Tiger Properties on 23 May 2019 for AED 452,900, or AED 999 per sqft.
  • Rented since January 2022 on 2 Ejari contracts, at AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2019 price is 6.6%, before a service charge of about AED 7,200 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 31 January 2023.

Questions about 501, O2 Tower JVC

What did unit 501 last sell for?

AED 452,900 on 23 May 2019, sold by the developer: AED 999 per sqft for 453 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 30,000 a year on the contract signed on 31 January 2023. The previous contract, from January 2022, was AED 30,000.

How big is unit 501?

453 sqft (42.1 sqm): a studio on the 5th floor of a 34-storey tower completed in 2021.

What is unit 501 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 501, O2 Tower JVC

Starts from the last sale price (AED 453K, 23 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 452,900
Deposit, UAE resident (20%)
AED 90,580
Deposit, non-resident (40%)
AED 181,160
Monthly over 25 years at 3.7%
AED 1,853

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