Market bulletin · Thu, 22 Oct 2026
O2 Residence Tower: 0 sales worth AED 0 in 30 days
O2 Residence Tower recorded 0 sales worth AED 0 in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Jumeirah Lake Towers, O2 Residence Tower ranked #11 of 11 leading projects by 12-month sales value; it is developed by Vakson Freehold Properties.
Leases registered in the last three months had a median annual rent of AED 80K. The best gross yield is on 1 BR apartments at about 7.3%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | AED 1,061 |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 1 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 1 |
| Jan 26 | 0 | 0 | 0 |
| Dec 25 | 0 | 0 | 2 |
| Nov 25 | 0 | 0 | 2 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 0 | — | AED 0 | — | — |
| Last 3 months | 1 | down 50.0% | AED 1.95M | — | — |
| Last 6 months | 3 | down 40.0% | AED 5.05M | — | — |
| Last 12 months | 8 | down 84.9% | AED 9.99M | 1,324 | up 21.8% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 8 | 100% | AED 1.11M | 1,324 | up 21.8% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 1 | 13% | — | — | — |
| 1 bedroom | 5 | 63% | AED 1.10M | 1,379 | up 24.2% |
| 2 bedrooms | 2 | 25% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 7 | 88% | AED 1.10M | 1,334 | up 22.7% |
| AED 2M–10M | 1 | 13% | — | — | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 77K |
| Sept 26 | AED 80K |
| Aug 26 | AED 80K |
| Jul 26 | AED 85K |
| Jun 26 | AED 80K |
| May 26 | AED 85K |
| Apr 26 | AED 100K |
| Mar 26 | AED 85K |
| Feb 26 | AED 90K |
| Jan 26 | AED 90K |
| Dec 25 | AED 89K |
| Nov 25 | AED 85K |
| Oct 25 | AED 82K |
| Sept 25 | AED 85K |
| Aug 25 | AED 85K |
| Jul 25 | AED 80K |
| Jun 25 | AED 85K |
| May 25 | AED 85K |
| Apr 25 | AED 87K |
| Mar 25 | AED 90K |
| Feb 25 | AED 75K |
| Jan 25 | AED 89K |
| Dec 24 | AED 87K |
| Nov 24 | AED 85K |
- Leases (12M)
- 243
- New leases
- 36.2%
- Median rent 3M
- AED 80K
- Rent/sqft 3M
- AED 84
| 1 BR apartments | AED 80K / AED 1.10M | 7.3% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 126 | AED 80K | AED 80K | 91 |
| 2 BR | 37 | AED 120K | AED 130K | 82 |
| 3 BR | 12 | AED 172K | — | 82 |
Competing projects in Jumeirah Lake Towers
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Diamondz By DanubeDanube Properties | 113 | 2,765 | — |
| MBL SignatureMAG Property Development | 96 | 1,941 | — |
| Saba Towers 4SABA Properties JLT | 40 | 2,542 | — |
| Hilton Residences Dubai Jumeirah Lakes TowersEmirates Mezna For Real Estate Development | 57 | 3,600 | — |
| Upper House EastEllington Properties Development | 42 | 1,898 | — |
| Upper House WestEllington Properties Development | 40 | 1,874 | — |
| Golf Views Seven City - Seven City JLTSeven Tides International | 94 | 1,133 | — |
| Mercer House South TowerEllington Properties Development | 18 | 2,547 | — |
| MBL RoyalMAG Property Development | 22 | 1,854 | — |
| Verde by SobhaSobha Real Estate | 24 | 2,132 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.95M | 2 BR Apartment · 1,523 sqftO2 Residence Tower · Jumeirah Lake Towers | 5 Aug |
Questions about O2 Residence Tower
How many properties were sold in O2 Residence Tower in the last year?
8 sales worth AED 9.99M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in O2 Residence Tower?
The median annual rent on leases registered in the last three months was AED 80K, and the best gross rental yield is about 7.3%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
BT AI Market Desk
Get every brief in your inbox
Create a free BT AI account to receive the daily, weekly and monthly reports by email, and search every Dubai Land Department sale and rental behind them.