Dubai project data

O 2: rents and rent contracts

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Registered sales and rent contracts for the project O 2 in Jumeirah Village Circle, from Dubai Land Department open data.

O 2 (Jumeirah Village Circle): 191 registered rent contracts in the 12 months to September 2026, median annual rent AED 50,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
24
−50.0% vs previous 12 months
Median price per sq ft
AED 988 per sq ft
±0.0% vs previous 12 months
Gross rental yield
under 30 sales (24)

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Registered mortgage transactions only, without interest rates and without lenders.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in O 2

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready24AED 988 per sq ft945 – 1,181

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in O 2

Median annual rent
AED 50,000
Middle range of registered annual rents: AED 42,000 – AED 65,000
Gross rental yield
under 30 sales (24)

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Too few ready apartment sales for a gross rental yield: 24 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price per sq ft and rents by unit type in O 2

Unit typeSalesMedian per sq ftMedian annual rentGross yield
Studio9AED 1,463 per sq ftAED 42,000under 30 sales (9)
1 bedroom15AED 949 per sq ftAED 65,000under 30 sales (15)

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in O 2

MonthSalesMedian per sq ftRent contracts
Oct 20246AED 930 per sq ft28
Nov 20243AED 1,227 per sq ft23
Dec 20243AED 1,281 per sq ft20
Jan 2025under 3under 313
Feb 20255AED 965 per sq ft23
Mar 20255AED 1,042 per sq ft20
Apr 20256AED 1,000 per sq ft12
May 20254AED 965 per sq ft9
Jun 20254AED 1,328 per sq ft7
Jul 2025under 3under 313
Aug 20256AED 1,063 per sq ft9
Sep 20253AED 993 per sq ft21
Oct 20253AED 949 per sq ft26
Nov 20255AED 996 per sq ft18
Dec 20253AED 1,000 per sq ft19
Jan 20264AED 961 per sq ft25
Feb 20263AED 1,463 per sq ft15
Mar 2026under 3under 317
Apr 2026under 3under 310
May 2026under 3under 311
Jun 2026under 3under 310
Jul 2026under 3under 38
Aug 2026under 3under 310
Sep 2026under 3under 322
Sales per calendar year
YearSalesMedian per sq ft
201866AED 1,136 per sq ft
201924AED 1,127 per sq ft
202017AED 1,000 per sq ft
2021135AED 279 per sq ft
202281AED 750 per sq ft
202361AED 914 per sq ft
202446AED 1,027 per sq ft
202547AED 988 per sq ft

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

O 2 is a project in the DLD area Al Barsha South Fourth.

Names as in the registered transactions and rent contracts; company names are not shown.

More projects in Jumeirah Village Circle

  • AURESTA TOWER 328 registered transactions and rent contracts in 12 months.
  • Luma22 287 registered transactions and rent contracts in 12 months.
  • Luma Park Views 284 registered transactions and rent contracts in 12 months.
  • REGINA 229 registered transactions and rent contracts in 12 months.
  • Stax 229 registered transactions and rent contracts in 12 months.
  • REEF RESIDENCE 227 registered transactions and rent contracts in 12 months.

Questions about O 2

How many sales were registered in O 2?
24 sales were registered in O 2 in Oct 2025 – Sep 2026.
What is the median price per sq ft in O 2?
The median price of registered sales in O 2 was AED 988 per sq ft in Oct 2025 – Sep 2026.
What is the median annual rent in O 2?
The median annual rent of registered rent contracts in O 2 was AED 50,000 in Oct 2025 – Sep 2026.
Which DLD area is O 2 in?
O 2 is registered in the Dubai Land Department area Al Barsha South Fourth (Jumeirah Village Circle).

Method and source

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae