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1-bed · 684 sqftO2 Tower JVC, Jumeirah Village Circle (JVC) · 6th floor · completed 2021

603, O2 Tower JVC

Sold prices and rental history: sold twice, last in November 2023, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 629K16 November 2023
Current rentAED 53K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 603, O2 Tower JVC

What is 603 worth today?

Last sold for AED 629,000 in 2023

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20 Nov 2024RentedRenewal
AED 52,500/yr12 months · AED 76 per sqft
16 Nov 2023SoldReady
AED 629,000AED 919 per sqft
22 Oct 2019Sold by developerOff-plan
AED 672,001AED 982 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
1-bed apartment
Size
684 sqft
Floor
6th of 34
Parking
P2-15
Developer
Tiger Properties
Completed
2021
Service charge
AED 10,900 /yr
Last sold
AED 629K · November 2023
Building
O2 Tower JVC

About 603, O2 Tower JVC

603 is a one-bedroom apartment of 684 sqft on the 6th floor of O2 Tower JVC, a 34-storey tower in Jumeirah Village Circle (JVC) completed in 2021 by Tiger Properties. It last sold on 16 November 2023 for AED 629,000, or AED 919 per sqft, 10% above the AED 833 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 November 2024. The current contract, renewed on 20 November 2024, is AED 52,500 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 10,900 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, October 2019: AED 672,001 (AED 982 per sqft)Sold, November 2023: AED 629,000 (AED 919 per sqft)

603 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 603, each contractTypical one-bed in O2 Tower JVC
50K60K2021202320252027Typical 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 65,000Renewal, November 2024: AED 52,500 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 603 sits

All 136 1-beds →

603 last sold in November 2023 at AED 919 per sqft, 10% above what one-beds in O2 Tower JVC were fetching at the time (AED 833). 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. 603's AED 52,500 is at the bottom 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 6th floor

All 298 units in O2 Tower JVC
Value
601StudioAED 448K · May 2021
6021-bedAED 608K · Apr 2022
604StudioNo registered sale
605StudioAED 433K · Dec 2021
606StudioAED 461K · Jan 2018
607StudioAED 470K · Oct 2024
6081-bedAED 780K · Apr 2022
1–7 of 10

603, O2 Tower JVC in numbers

  • Sold twice: first on 22 October 2019 for AED 672,001, last on 16 November 2023 for AED 629,000 (AED 919 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 52,500 a year.
  • At AED 52,500 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 10,900 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 20 November 2024.

Questions about 603, O2 Tower JVC

What did unit 603 last sell for?

AED 629,000 on 16 November 2023: AED 919 per sqft for 684 sqft. The unit has 2 registered sales; the first was AED 672,001 in October 2019.

What is the rent for unit 603?

AED 52,500 a year on the contract renewed on 20 November 2024.

How big is unit 603?

684 sqft (63.5 sqm): a one-bedroom apartment on the 6th floor of a 34-storey tower completed in 2021.

What is unit 603 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 603, O2 Tower JVC

Starts from the last sale price (AED 629K, 16 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 629,000
Deposit, UAE resident (20%)
AED 125,800
Deposit, non-resident (40%)
AED 251,600
Monthly over 25 years at 3.7%
AED 2,573

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