408, 02 Residence
Sold prices and rental history: sold once, by the developer in July 2025, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, 02 Residence
What is 408 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,215 sqft
- Floor
- 4th of 6
- Parking
- P-58
- Last sold
- AED 1.7M · July 2025
- Building
- 02 Residence
About 408, 02 Residence
408 is a two-bedroom apartment of 1,215 sqft on the 4th floor of 02 Residence, a 6-storey tower in Jumeirah Village Triangle (JVT). The developer sold it on 7 July 2025 for AED 1,700,000, or AED 1,399 per sqft, 6% above the AED 1,314 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 8 November 2025. The current contract, signed on 8 November 2025, is AED 115,000 a year: a gross yield of 6.8% on the 2025 price.
2-beds in 02 Residence, and where 408 sits
All 23 2-beds →408 last sold in July 2025 at AED 1,399 per sqft, 6% above what two-beds in 02 Residence were fetching at the time (AED 1,314). Over the last 12 months two-beds sold for AED 1,450,000 to 1,700,000, around AED 1,319 per sqft, and rent for AED 110,000 to 120,000 a year. 408's AED 115,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jul 202530 July 2025 | 1,238 sqft | 1,300,000 | 1,050 | ||
| 28 Jul 202528 July 2025 | 1,163 sqft | 1,350,000 | 1,160 | ||
| 25 Jul 202525 July 2025 | 1,240 sqft | 1,700,000 | 1,371 | ||
| 23 Jul 202523 July 2025 | 1,184 sqft | 1,600,000 | 1,351 |
02 Residence
Building69 apartments, 1-bed to 2-bed over 6 floors in Jumeirah Village Triangle (JVT). 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,333
- Typical sale
- AED 1.55M
- Typical rent
- AED 113K /yr
- Typical yield
- 7.4%
Other units on the 4th floor
All 69 units in 02 Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 768 sqft | AED 1.1MAED 1,100,000 · Oct 2025October 2025 | |||
| 402 | 1-bed | 757 sqft | AED 1.1MAED 1,100,000 · Jul 2025July 2025 | ||
| 403 | 1,211 sqft | AED 1.75MAED 1,750,000 · Sep 2025September 2025 | |||
| 404 | 2-bed | 1,240 sqft | AED 1.75MAED 1,750,000 · Jul 2025July 2025 | ||
| 405 | 2-bed | 1,168 sqft | AED 1.4MAED 1,400,000 · Jun 2025June 2025 | 110,000 /yr | |
| 406 | 1,163 sqft | AED 1.4MAED 1,400,000 · Aug 2025August 2025 | |||
| 407 | 1-bed | 800 sqft | AED 1.05MAED 1,050,000 · Jul 2025July 2025 | ||
| 409 | 2-bed | 1,184 sqft | AED 1.6MAED 1,600,000 · Jul 2025July 2025 | ||
| 410 | 2-bed | 1,170 sqft | AED 1.6MAED 1,600,000 · Jun 2025June 2025 | ||
| 411 | 1,172 sqft | AED 1.6MAED 1,600,000 · Nov 2025November 2025 | |||
| 412 | 1,176 sqft | AED 1.65MAED 1,650,000 · Nov 2025November 2025 | |||
| 413 | 1-bed | 819 sqft | AED 1.15MAED 1,150,000 · Jul 2025July 2025 | ||
| 414 | 803 sqft | AED 1MAED 1,000,000 · Sep 2025September 2025 |
408, 02 Residence in numbers
- Sold once: by the developer on 7 July 2025 for AED 1,700,000, or AED 1,399 per sqft.
- Rented since November 2025 on one Ejari contract, at AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2025 price is 6.8%.
- Two-beds in 02 Residence sold for AED 1,450,000–1,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,333 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 8 November 2025.
Questions about 408, 02 Residence
What did unit 408 last sell for?
AED 1,700,000 on 7 July 2025, sold by the developer: AED 1,399 per sqft for 1,215 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 115,000 a year on the contract signed on 8 November 2025.
How big is unit 408?
1,215 sqft (112.9 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 02 Residence sold for AED 1,450,000 to 1,700,000 in the last 12 months, around AED 1,319 per sqft.
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Mortgage on 408, 02 Residence
Starts from the last sale price (AED 1.7M, 7 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →