506, O2 Tower JVC
Sold prices and rental history: sold once, by the developer in April 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, O2 Tower JVC
What is 506 worth today?
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Source: Dubai Land Department. Updated 13 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 371 sqft
- Floor
- 5th of 34
- Parking
- P2-11
- Developer
- Tiger Properties
- Completed
- 2021
- Service charge
- AED 5,900 /yr
- Last sold
- AED 402K · April 2019
- Building
- O2 Tower JVC
About 506, O2 Tower JVC
506 is a studio of 371 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 16 April 2019 for AED 402,000, or AED 1,083 per sqft, 8% below the AED 1,172 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 13 November 2025, is AED 45,000 a year: a gross yield of 11.2% on the 2019 price, before the service charge of about AED 5,900 a year.
Sales and rents for 506 over time
506 has sold once; the dashed line is the studio median of each year in the building.
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 506 sits
All 162 studios →506 last sold in April 2019 at AED 1,083 per sqft, 8% below what studios in O2 Tower JVC were fetching at the time (AED 1,172). 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. 506's AED 45,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 331 sqft | 490,000 | 1,482 | ||
| 10 Jul 202610 July 2026 | 501 sqft | 520,000 | 1,038 | ||
| 16 Jun 202616 June 2026 | 452 sqft | 650,000 | 1,438 | ||
| 23 Feb 202623 February 2026 | 376 sqft | 555,000 | 1,476 |
O2 Tower JVC
Building298 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%
Other units on the 5th floor
All 298 units in O2 Tower JVC| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 453 sqft | AED 453KAED 452,900 · May 2019May 2019 | 30,000 /yr | |
| 502 | 1-bed | 825 sqft | AED 619KAED 618,713 · Apr 2022April 2022 | 55,000 /yr | |
| 503 | 1-bed | 684 sqft | AED 633KAED 633,000 · Apr 2019April 2019 | 58,537 /yr | |
| 504 | Studio | 519 sqft | No registered sale | 46,000 /yr | |
| 505 | Studio | 433 sqft | AED 432KAED 432,000 · Nov 2021November 2021 | 43,000 /yr | |
| 507 | Studio | 349 sqft | AED 398KAED 398,340 · Feb 2018February 2018 | ||
| 508 | 1-bed | 1,040 sqft | AED 905KAED 905,000 · Oct 2026October 2026 | 76,125 /yr | |
| 509 | 1-bed | 994 sqft | AED 745KAED 745,373 · Apr 2022April 2022 | 55,650 /yr | |
| 510 | Studio | 331 sqft | AED 630KAED 630,000 · Apr 2024April 2024 | 36,000 /yr | |
| 511 | 1-bed | 835 sqft | AED 250KAED 250,000 · Apr 2021April 2021 | 65,000 /yr |
506, O2 Tower JVC in numbers
- Sold once: by Tiger Properties on 16 April 2019 for AED 402,000, or AED 1,083 per sqft.
- Rented since October 2022 on 4 Ejari contracts, from AED 31,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2019 price is 11.2%, before a service charge of about AED 5,900 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 13 November 2025.
Questions about 506, O2 Tower JVC
What did unit 506 last sell for?
AED 402,000 on 16 April 2019, sold by the developer: AED 1,083 per sqft for 371 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 45,000 a year on the contract signed on 13 November 2025. The previous contract, from November 2024, was AED 40,000; the unit has been rented since October 2022.
How big is unit 506?
371 sqft (34.5 sqm): a studio on the 5th floor of a 34-storey tower completed in 2021.
What is unit 506 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 506, O2 Tower JVC
Starts from the last sale price (AED 402K, 16 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 402,000
- Deposit, UAE resident (20%)
- AED 80,400
- Deposit, non-resident (40%)
- AED 160,800
- Monthly over 25 years at 3.7%
- AED 1,645
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →