O2
A 1 bed in O2 costs a median AED 920,000, rents long-let for AED 65,500/yr (7.04% gross), and returns 12.06% short-let at the assumed 80% occupancy — -0.8 pts vs Jumeirah Village Circle's 7.80% and +0.1 pts vs Dubai's 6.98% — from 45 sales and 106 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 1 bed
- 17 in 12 months
- Rental contracts · 1 bed
- 61 in 12 months
- Buy
- 920,000AED
- AED 949/sqft
- Long-let
- 65,500AED
- AED 80/sqft · 7.04%
- Short-let
- 12.06%
- AED 516/night · 0.53/sqft
Price per sqft: Median of 17 registered sales of ready units in the last 12 months, most recent July 2026.
Priced off the last 5 sales — most recent July 2026.
- Yield spread
- -0.8 pts
- vs the Jumeirah Village Circle median for this unit type
- Turnover upside
- +9.2%
- new tenants pay more than sitting ones — 65 renewals
- AED/yr/sqft
- AED 80
- Sales
- 45
- Rental contracts
- 106
- Renewal rent
- AED 60,000/yr
- 12 months
- -1.5%
- 3 years
- +8.3%+2.7%/yr
Based on 45 sales and 106 rental contracts in the last 24 months. Rental data covers the whole O 2 project, not this tower alone.
O2 is an apartment building in Jumeirah Village Circle, Dubai, one of the towers in the O 2 development. The closest metro station is Nakheel Metro Station, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2018 to 2026, 980 registered sales in all — the 45 in the last 24 months are what every median above is computed from.
Rent history
Median annual rent per sqft registered in O2, by year.
Chart data: Jan 2021, 45 AED/yr/sqft; latest, Aug 2026, 86 AED/yr/sqft; peak, Apr 2025, 108 AED/yr/sqft.
Rents by bedroom type
Deltas compare each yield with the Jumeirah Village Circle median for the same unit type. How these yields are computed
How these yields are computed
Short-let rates around O2
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.52 AED/night/sqft; latest Sep 2027, 0.35 AED/night/sqft; peak Dec 2026, 0.72 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Recent transactions
As filed with the Land Department — data to 2026-08-26.
30 resales in the last 12 months, against 51 a year on average over 2023–2025.
Sales
3 resales in the last 3 months.
Rental contracts
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
As registered
The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.
- Floors
- 42
- Lifts
- 6
- Parking bays
- 391
- Swimming pools
- 1
Nearby
- Metro
- Nakheel Metro Station
- Mall
- Marina Mall
- Landmark
- Sports City Swimming Academy
Compare with nearby buildings
The most-traded buildings in Jumeirah Village Circle, on the same figures over the same window.
- Highest rental yields in Jumeirah Village Circle · O2 places 91st of 199
- Binghatti Corner · 7.65%
- Bloom Towers C · 10.83%
- Bloom Towers A · 8.18%
- Bloom Towers B
- Ghalia · 9.00%
- Bloom Heights A · 11.72%
- Bloom Heights B · 11.20%
- Binghatti Amber · 7.55%
Common questions
- What is the rental yield in O2?
- O2 returns 7.04% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 106 rental contracts registered in the last 24 months.
- How much does a 1 bedroom in O2 cost?
- The median registered sale price is AED 920,000 (948 AED/sqft), from 45 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- What are apartments in O2 selling for right now?
- Registered sales of ready units in O2 over the last 12 months have a median of 949 AED/sqft, across 17 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
- Have prices in O2 risen or fallen?
- Median price per square foot moved +0.5% over the last 12 months against the 12 before it, on 45 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does O2 compare with Jumeirah Village Circle?
- Its 7.04% gross yield sits -0.8 pts against the Jumeirah Village Circle median of 7.80%, computed at the same bedroom grain over the same 24-month window.
O2 rental record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 106 registered rental contracts in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
- Canonical record
- /rent/apartments/dubai/jumeirah-village-circle/o2
Cite as: Dubai Wealth Index. “O2 rents and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/jumeirah-village-circle/o2.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.