PropertyIndex

O2 Residences

Completed|332 units · 1 tower

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O2 Residences is a completed apartment development in Jumeirah Lakes Towers, Al Thanyah Fifth, comprising 332 registered units. 514 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,348 per sqft. At AED 1,348 per sqft, O2 Residences prices 27% below the Jumeirah Lakes Towers average of AED 1,839 per sqft on registered sales.

PIX© price · 7.9% YoY
1.48MAED
Typical
1,348AED
PSF
Gross yield
8.1%
PIX© rent ÷ PIX© price
Sale records
514
DLD · all time
Rent contracts
2,930
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 16

1 Bed on Floor 16, O2 Residences

Size
Record
Jun 2013 to Jan 2026
Owners
5
Tenants
6
Price change
Yield on cost
Sale price by owner
The record is free. Prices, rents, sizes and PSF on each row are PIX© Pro. Get Pro Access →
PartyDatePrice / RentAEDPSFvs priorHeldNote
6Tenant 61 Jan 2026
Owner 5
5Tenant 51 Jan 202512 mo
Renewal
Owner 5
5Tenant 51 Jan 202412 mo
Renewal
Owner 5
5Tenant 51 Jan 202312 mo
Renewal
Owner 5
5Tenant 51 Jan 202212 mo
Owner 5
5Owner 517 Sep 20205.9 yrs
Current owner
Sold with tenant in place
4Owner 430 Aug 202018 d
Sold with tenant in place
4Tenant 428 Jun 20206 mo
Renewal
Owner 3
4Tenant 428 Jun 201912 mo
Owner 3
3Tenant 320 May 201812 mo
Renewal
Owner 3
3Owner 36 Mar 20182.5 yrs
Sold with tenant in place
Mortgage
3Tenant 320 May 201712 mo
Owner 2
2Tenant 28 Jan 201612 mo
Renewal
Owner 2
2Tenant 28 Jan 201512 mo
Owner 2
1Tenant 14 Dec 201312 mo
Owner 2
2Owner 227 Jun 20134.7 yrs
Owner 1 · UndisclosedAcquisition date and price not on record

Exact unit numbers cannot be published under the DLD terms and conditions.

O2 Residences

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
128 – 6,523 sqft
3321.48M1,3487.9%120K8.1%
Residential
Studio · Apartment
574 – 577 sqft
10
1 Bed · Apartment
786 – 1,081 sqft
204
2 Bed · Apartment
1,278 – 1,583 sqft
66
3 Bed · Apartment
1,945 – 2,270 sqft
28
Penthouse · Apartment
3,848 – 6,523 sqft
9
Commercial
Shop
924 – 3,190 sqft
12
Warehouse
128 – 244 sqft
3
Sales — Project-Wide514 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
5 Aug 20262 BedFloor 81,5231,950,0001,280+8.3%StandardStandard Sale
5 May 20262 BedFloor 131,5232,000,0001,313+100.0%StandardStandard Sale
29 Apr 20261 BedFloor 177861,100,0001,3990.0%StandardStandard Sale
Rentals — Project-Wide2,930 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 444 rentals
Floors 2-29 · 406 rentals
Floors 30-37 · 38 rentals
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
21 Aug 2026Floor 1185785,00099+27.7%Standardnew
20 Aug 2026Floor 2179080,000101-5.9%Standardnew
16 Aug 2026Floor 2294080,00085-5.9%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Jumeirah Lakes Towers

The closest-priced registered projects in Jumeirah Lakes Towers.

Common questions about O2 Residences

Answered from Dubai Land Department registered transactions.

How much does a property in O2 Residences cost?

Property in O2 Residences sells at a current PIX© price of AED 1,348 per sqft, or about AED 1,479,268 for a typical unit, based on 514 sales registered with the Dubai Land Department.

Is O2 Residences completed?

Yes. O2 Residences is recorded as completed in the Dubai Land Department project register.

What is the rental yield in O2 Residences?

O2 Residences yields 8.1% gross, calculated from current PIX© rent against current PIX© sale price, across 2,930 registered Ejari contracts.

How many units are in O2 Residences?

O2 Residences holds 332 registered units, per the Dubai Land Department unit register.

Have prices in O2 Residences gone up or down?

Price per sqft has risen +7.9% over the last 12 months, to AED 1,348, across 514 registered sales.