02 Residence
One-beds to two-beds in Jumeirah Village Triangle (JVT). 7 apartments sold in the last 12 months; every sale, rent and unit is below.
About 02 Residence
02 Residence is a high-rise residential tower in Jumeirah Lake Towers, set within Cluster O beside the community’s landscaped lakes. The building offers an urban, waterfront setting with easy access to Sheikh Zayed Road and the wider New Dubai corridor, while benefiting from the shops, cafés and everyday services found at cluster and community level. Completed in 2009, the tower rises 41 storeys and features freehold apartments ranging from studios to spacious one-, two- and three-bedroom layouts, with a limited selection of larger four- and five-bedroom units. Residences are typical of JLT’s contemporary stock, with floor-to-ceiling windows in many units to capture lake and skyline views. Building services include multiple high-speed elevators, 24-hour security and on-site maintenance, supported by covered resident parking. Lifestyle amenities focus on everyday convenience and wellbeing. Residents have access to a swimming pool, a well-equipped gym and spa facilities, along with a dedicated children’s play area. At street level, the surrounding cluster provides groceries, cafés and personal services, and the wider community offers lakeside walkways and green spaces for casual exercise. JLT Park is a short drive away and popular for family time and outdoor events. Connectivity is one of the address’s strong suits. The tower sits a short distance from a Red Line metro station serving the community, with bus links also available. By car, residents can reach Dubai Marina, JBR and key business districts in minutes via major arterials. This combination of transit options, everyday retail and recreation, and a range of apartment sizes makes 02 Residence a practical base for professionals and families who prefer a central, community-oriented environment within New Dubai.
69 apartments over 6 floors: 13 one-beds of 756 to 874 sqft and 23 two-beds of 1,163 to 1,248 sqft.
7 apartments sold in the 12 months to January 2026, at a median of AED 1,333 per sqft. Most of the trading is in two-beds: 5 of the 7 sales, at AED 1,450,000 to 1,700,000. 6 rental contracts were registered over the same 12 months, at a typical AED 113,000 a year.
- Floors
- 6
- Units
- 69
- Unit types
- 1-bed to 2-bed
Average prices in 02 Residence
In 02 Residence, typical sale prices over the last 12 months were around AED 1,100,000 for one-beds and AED 1,550,000 for two-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in 02 Residence
Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.
Transaction history in 02 Residence
- Completed1-bed · 877 sqftNo unit no. 16 Feb 2026AED 1,100,0001,254 /sqft
- Completed1-bed · 760 sqftNo unit no. 03 Feb 2026AED 1,100,0001,447 /sqft
- Completed1-bed · 767 sqftNo unit no. 26 Jan 2026AED 1,100,0001,434 /sqft
- Completed2-bed · 1,186 sqftNo unit no. 14 Jan 2026AED 1,650,0001,391 /sqft
- Completed2-bed · 1,164 sqftNo unit no. 06 Jan 2026AED 1,650,0001,418 /sqft
- Completed2-bed · 1,180 sqftNo unit no. 25 Dec 2025AED 1,600,0001,356 /sqft
- Completed2-bed · 1,175 sqftNo unit no. 25 Dec 2025AED 1,600,0001,362 /sqft
- Completed2-bed · 1,164 sqftNo unit no. 22 Dec 2025AED 1,650,0001,418 /sqft
- Completed2-bed · 1,230 sqftNo unit no. 16 Dec 2025AED 1,650,0001,341 /sqft
- Completed2-bed · 1,278 sqftNo unit no. 09 Dec 2025AED 1,650,0001,291 /sqft
Over the last 12 months, 02 Residence has recorded 7 apartment sales. Typical homes sold for around AED 1.45M (about AED 1,333 per sqft) with a median size of 1,177 sqft; most were two-beds, from roughly AED 1.1M to AED 1.7M.
Units in 02 Residence
69 units- Unit 102899 sqftSold AED 1.1M, Aug 2025
- Unit 1031,525 sqftSold AED 1.75M, Aug 2025
- Unit 1041,415 sqftSold AED 1.63M, Sep 2025
- Unit 1052-bed · 1,244 sqftSold AED 1.3M, Jul 2025
- Unit 1062-bed · 1,238 sqftSold AED 1.3M, Jul 2025
- Unit 1071-bed · 874 sqftSold AED 950K, Jul 2025
- Unit 1092-bed · 1,229 sqftSold AED 1.5M, Jun 2025
- Unit 1102-bed · 1,243 sqftSold AED 1.5M, Jul 2025
- Unit 1112-bed · 1,244 sqftSold AED 1.5M, Jun 2025
- Unit 2011-bed · 767 sqftSold AED 1.05M, Jul 2025
Nearby buildings in Jumeirah Village Triangle (JVT)
All 58 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| 03 Residence by Ned Al Ghurair | Few sales | AED 94 | ||
| Maya 5 | AED 1,438 | AED 107 | 7.4% | |
| VIVID Residence (V1V1D) | AED 1,382 | |||
| Al Jawhara Tower | 2020 | AED 1,132 | AED 96 | 8.5% |
| Santorini Residences by Loutraki | AED 1,511 | |||
| 555 Park View | Few sales | AED 102 | ||
| LUM1NAR Tower 3 - Luminar 3 | AED 1,357 | |||
| Silver Stallions Tower 1 | Few sales | |||
| Plazzo Residence (Eleganza Residence) | 2018 | AED 1,501 | AED 103 | 6.9% |
| LUM1NAR Tower 2 - Luminar 2 | AED 1,593 |
02 Residence in numbers
- Across 7 DLD sales in the 12 months to January 2026, the median price in 02 Residence was AED 1,333 per sqft and the typical home sold for about AED 1.45M.
- 6 floors of one-beds to two-beds.
- Two-beds of 1,163 to 1,248 sqft sold for AED 1,450,000 to 1,700,000 between November 2025 and November 2025, a median AED 1,305 per sqft.
- A two-bed of 1,163 to 1,248 sqft rents for AED 110,000 to 120,000 a year on the 4 contracts registered in the last 12 months.
- Gross rental yield 7.4%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 24 January 2026.
Questions about 02 Residence
How much does a two-bed in 02 Residence cost?
5 two-beds sold in the 12 months to January 2026, for AED 1,450,000 to 1,700,000; the median was AED 1,550,000, or AED 1,305 per sqft.
How much is a two-bed for rent in 02 Residence?
About AED 118,000 a year: that is the median of the 4 contracts for two-beds registered with Ejari in the 12 months to January 2026, from AED 110,000 to 120,000.
What is the rental yield in 02 Residence?
About 7.4% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
How many apartments are there in 02 Residence?
69, one-beds to two-beds. Each has its own page with its full sales and rental history.
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