Studio · 501 sqftO2 Tower JVC, Jumeirah Village Circle (JVC) · 7th floor · completed 2021

704, O2 Tower JVC

Sold prices and rental history: sold once, by the developer in March 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 528K8 March 2020
Current rentAED 38K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, O2 Tower JVC

What is 704 worth today?

Last sold for AED 527,640 in 2020

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1 Jul 2026RentedNew contract
AED 38,000/yr12 months · AED 76 per sqft
10 Jan 2026RentedRenewal
AED 42,000/yr12 months · AED 84 per sqft
10 Jan 2025RentedNew contract
AED 42,000/yr12 months · AED 84 per sqft
10 Jan 2025RentedNew contract
AED 42,000/yr12 months · AED 84 per sqft
10 Jan 2024RentedNew contract
AED 40,000/yr12 months · AED 80 per sqft
26 Dec 2022RentedNew contract
AED 38,000/yr12 months · AED 75 per sqft
8 Mar 2020Sold by developerOff-plan
AED 527,640AED 1,053 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
501 sqft
Floor
7th of 34
Parking
P3-46
Developer
Tiger Properties
Completed
2021
Service charge
AED 8,000 /yr
Last sold
AED 528K · March 2020
Building
O2 Tower JVC

About 704, O2 Tower JVC

704 is a studio of 501 sqft on the 7th 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 8 March 2020 for AED 527,640, or AED 1,053 per sqft, 11% below the AED 1,180 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 1 July 2026, is AED 38,000 a year: a gross yield of 7.2% on the 2020 price, before the service charge of about AED 8,000 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, March 2020: AED 527,640 (AED 1,053 per sqft)

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

Rents
Unit 704, 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, December 2022: AED 38,000 a yearNew contract, January 2024: AED 40,000 a yearNew contract, January 2025: AED 42,000 a yearNew contract, January 2025: AED 42,000 a yearRenewal, January 2026: AED 42,000 a yearNew contract, July 2026: AED 38,000 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 704 sits

All 162 studios →

704 last sold in March 2020 at AED 1,053 per sqft, 11% below what studios in O2 Tower JVC were fetching at the time (AED 1,180). 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. 704's AED 38,000 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 7th floor

All 298 units in O2 Tower JVC
Value
701StudioAED 540K · Oct 2025
7021-bedAED 608K · Apr 2022
7031-bedAED 815K · Feb 2024
705StudioAED 371K · Sep 2022
706StudioAED 447K · Apr 2018
707StudioAED 400K · Jul 2022
7081-bedAED 780K · Apr 2022
1–7 of 10

704, O2 Tower JVC in numbers

  • Sold once: by Tiger Properties on 8 March 2020 for AED 527,640, or AED 1,053 per sqft.
  • Rented since December 2022 on 6 Ejari contracts, at AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2020 price is 7.2%, before a service charge of about AED 8,000 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 July 2026.

Questions about 704, O2 Tower JVC

What did unit 704 last sell for?

AED 527,640 on 8 March 2020, sold by the developer: AED 1,053 per sqft for 501 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 38,000 a year on the contract signed on 1 July 2026. The previous contract, from January 2026, was AED 42,000; the unit has been rented since December 2022.

How big is unit 704?

501 sqft (46.5 sqm): a studio on the 7th floor of a 34-storey tower completed in 2021.

What is unit 704 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 704, O2 Tower JVC

Starts from the last sale price (AED 528K, 8 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 527,640
Deposit, UAE resident (20%)
AED 105,528
Deposit, non-resident (40%)
AED 211,056
Monthly over 25 years at 3.7%
AED 2,159

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