O2 rents
- 122 new leases and 50 renewals in 12 months
- 304 units
- Jumeirah Village Circle
- near Nakheel Metro Station
A studio here leases for about AED 42,000 a year, 16% below the typical Jumeirah Village Circle studio.
Studio · typical new lease
42,000AEDa year
AED 111/sqft · -4.5% on a year
- A month, roughly
- AED 3,500
- Renewal
- AED 42,000
- vs Jumeirah Village Circle studio
- 16% below the median
- New leases, 12 months
- 63
What should a lease in O2 cost?A studio leases for about AED 42,000 a year
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Jumeirah Village Circle median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A studio here now costs 4.5% less than a year earlier: AED 42,000 against 44,000.
Chart data, Studio: 2020, AED 22,500; latest, 2026, AED 40,000; peak, 2025, AED 44,500.
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
About O2A 42-floor tower in Jumeirah Village Circle, a 17-minute drive from Dubai Marina
O2 is an apartment building completed in 2021 by Tiger Properties in Jumeirah Village Circle. 172 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Floors
- 42
- Lifts
- 6
- Parking bays
- 391
- Pools
- 1
- Master developer
- Tiger Properties
Drive times · typical
- Downtown
- 23 min · 23 km
- DXB Airport
- 25 min · 31 km
- DIFC
- 20 min · 26 km
- Dubai Marina
- 17 min · 15 km
- Palm Jumeirah
- 23 min · 19 km
Nearest, as registered
- Metro
- Nakheel Metro Station
- Mall
- Marina Mall
- Landmark
- Sports City Swimming Academy
Letting a unit in O2?New tenants pay more than renewing ones
- New tenant vs renewal
- +12.8%
- New leases AED 55,000, renewals 48,750, all types
- Short-let instead, studio
- AED 443
- a night on Airbnb; nets 2.1× the yearly rent at 70% occupancy, after fees, cleaning and utilities
Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement
Thinking of selling? O2 sale prices →Comparables in Jumeirah Village Circle
Every Jumeirah Village Circle building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. O2 places 121st of 206; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against O2.
At studio, O2 ranks 75th of 160 by rent per square foot and 58th of 104 by gross yield in Jumeirah Village Circle.
Market context in Jumeirah Village Circle
Registered sales activity
4,341 ready apartment sales in the 12 months to 2026-10-12.
+4.3% in median AED/sqft versus the preceding year, supported by 4,341 current and 5,371 prior price observations.
Explore sales activityPlanned apartment projects
7,847 known registered units across 37 pending projects planned within one year of the 2026-07-06 register.
29 projects had already passed their planned date; 16 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today.
Ready prices per sqft fell in 50% of 195 buildings (counted once per bedroom type) in Jumeirah Village Circle with sales in both years; the typical one moved −0.2%.
The pooled median moved +4.3%: 4.5 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 66% of 226 buildings (counted once per bedroom type) with leases in both years; the typical one moved −3.5%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
More from Tiger Properties
Cloud A
Jumeirah Village Triangle · 307 contracts, 12 months
73,000
AED a year median · 119/sqft
Cloud B
Jumeirah Village Triangle · 307 contracts, 12 months
73,000
AED a year median · 119/sqft
Blue Wave
Dubailand Residence Complex · 221 contracts, 12 months
47,250
AED a year median · 78/sqft
Neva Residences
Jumeirah Village Circle · 202 contracts, 12 months
67,000
AED a year median · 82/sqft
Nearby in Jumeirah Village Circle
Prices per sq ft around O2, on the mapPrices per sq ft around O2, on the map
Luma Park Views
Jumeirah Village Circle · 390 contracts, 12 months
85,000
AED a year median · 97/sqft
Bloom Towers B
Jumeirah Village Circle · 376 contracts, 12 months
60,000
AED a year median · 111/sqft
Bloom Towers C
Jumeirah Village Circle · 376 contracts, 12 months
60,000
AED a year median · 111/sqft
Bloom Towers A
Jumeirah Village Circle · 376 contracts, 12 months
60,000
AED a year median · 111/sqft
Ask about O2
Looking to buy or rent here? Tell us what you need: unit type, budget, timing.
We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.
Common questions
- What is the registered annual rent for a studio in O2?
- The median new annual rent is AED 42,000, from 63 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in O2 risen or fallen?
- The median new annual rent changed -4.5% in the trailing 12 months against the previous 12, using 63 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- How many apartments change hands in O2?
- 10 sales were registered with the Dubai Land Department in the last 12 months, alongside 63 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to O2?
- Nakheel Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.
- What is the rental yield in O2?
- O2 returns 7.9% gross: a median new-contract rent of AED 42,000 a year (63 Ejari contracts in 12 months) over a price benchmark of AED 532,500 (median of 10 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
For agents
Send this page to a client as a branded report
O2 rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 59 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term 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 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/jumeirah-village-circle/o2
Stable dataJSON