3-bed · 2,245 sqftO2 Residence Tower, Jumeirah Lake Towers (JLT) · 33rd floor · completed 2009

3301, O2 Residence Tower

Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3301 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 1.76M7 October 2012
Current rentAED 158K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3301, O2 Residence Tower

What is 3301 worth today?

Last sold for AED 1,759,450 in 2012

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1 Mar 2025RentedRenewal
AED 157,500/yr12 months · AED 70 per sqft
1 Mar 2024RentedNew contract
AED 150,000/yr12 months · AED 67 per sqft
1 Mar 2023RentedRenewal
AED 150,000/yr12 months · AED 67 per sqft
1 Mar 2022RentedRenewal
AED 110,000/yr12 months · AED 49 per sqft
1 Mar 2021RentedRenewal
AED 95,000/yr12 months · AED 42 per sqft
1 Mar 2020RentedRenewal
AED 115,000/yr12 months · AED 51 per sqft
18 Dec 2017RentedNew contract
AED 140,000/yr12 months · AED 62 per sqft
25 Jun 2016RentedNew contract
AED 170,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
3-bed apartment
Size
2,245 sqft
Floor
33rd of 39
Parking
DMCC-2265,DMCC-2266
Developer
Vakson First Property Development
Completed
2009
Service charge
AED 32,700 /yr
Last sold
AED 1.76M · October 2012

About 3301, O2 Residence Tower

3301 is a three-bedroom apartment of 2,245 sqft on the 33rd floor of O2 Residence Tower, a 39-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by Vakson First Property Development . The developer sold it on 7 October 2012 for AED 1,759,450, or AED 783 per sqft, 11% below the AED 884 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 157,500 a year: a gross yield of 8.9% on the 2012 price, before the service charge of about AED 32,700 a year.

Sales and rents for 3301 over time

Sales
Unit 3301, each saleTypical three-bed in O2 Residence Tower
2M2.5M2012201620202024Typical sale price by year: 2012 AED 1,759,450; 2013 AED 2,250,000; 2014 AED 2,375,000; 2015 AED 1,807,696; 2023 AED 1,900,000; 2025 AED 2,650,000Sold by developer, October 2012: AED 1,759,450 (AED 783 per sqft)

3301 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3301, each contractTypical three-bed in O2 Residence Tower
100K150K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 120,000; 2014 AED 147,000; 2015 AED 155,000; 2016 AED 157,500; 2017 AED 146,614; 2018 AED 130,000; 2019 AED 125,000; 2020 AED 107,500; 2021 AED 95,000; 2022 AED 105,000; 2023 AED 115,000; 2024 AED 137,501; 2025 AED 165,000New contract, April 2012: AED 115,000 a yearNew contract, April 2013: AED 120,000 a yearNew contract, April 2014: AED 140,000 a yearNew contract, April 2015: AED 150,000 a yearNew contract, June 2016: AED 170,000 a yearNew contract, December 2017: AED 140,000 a yearRenewal, March 2020: AED 115,000 a yearRenewal, March 2021: AED 95,000 a yearRenewal, March 2022: AED 110,000 a yearRenewal, March 2023: AED 150,000 a yearNew contract, March 2024: AED 150,000 a yearRenewal, March 2025: AED 157,500 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in O2 Residence Tower, and where 3301 sits

All 26 3-beds →

3301 last sold in October 2012 at AED 783 per sqft, 11% below what three-beds in O2 Residence Tower were fetching at the time (AED 884). 3301's AED 157,500 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Jul 20252,600,000
19 May 20252,650,000
3 Mar 20252,850,000
14 Dec 20231,900,000
0 3-bed sales in the last 12 months

O2 Residence Tower

Building

317 apartments, studios to 3-bed over 39 floors in Jumeirah Lake Towers (JLT), completed in 2009 by Vakson First Property Development . 6 sold in the last 12 months.

Typical price per sqft
AED 1,379
Typical sale
AED 1.11M
Typical rent
AED 90K /yr
Typical yield
6.7%
O2 Residence Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 33rd floor

All 317 units in O2 Residence Tower
Value
33023-bedAED 1.89M · May 2023
33033-bedAED 1.76M · Sep 2012
33043-bedAED 1.73M · Sep 2012
33053-bedAED 1.73M · Oct 2012

3301, O2 Residence Tower in numbers

  • Sold once: by Vakson First Property Development on 7 October 2012 for AED 1,759,450, or AED 783 per sqft.
  • Rented since April 2012 on 12 Ejari contracts. The rent fell from AED 115,000 to AED 95,000 in 2021 and recovered to AED 157,500 by March 2025.
  • At AED 157,500 a year the gross yield on the 2012 price is 8.9%, before a service charge of about AED 32,700 a year (AED 14.56 per sqft).

Source: Dubai Land Department. Updated 1 March 2025.

Questions about 3301, O2 Residence Tower

What did unit 3301 last sell for?

AED 1,759,450 on 7 October 2012, sold by the developer: AED 783 per sqft for 2,245 sqft. It is the only registered sale of the unit.

What is the rent for unit 3301?

AED 157,500 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 150,000; the unit has been rented since April 2012.

How big is unit 3301?

2,245 sqft (208.6 sqm): a three-bedroom apartment on the 33rd floor of a 39-storey tower completed in 2009.

What is unit 3301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 3301, O2 Residence Tower

Starts from the last sale price (AED 1.76M, 7 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,759,450
Deposit, UAE resident (20%)
AED 351,890
Deposit, non-resident (40%)
AED 703,780
Monthly over 25 years at 3.7%
AED 7,198

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