What is the asking price of this studio at O2 Tower, JVC?
The asking price is AED 470,000 for a ready, fully furnished studio of 392 sq ft at O2 Tower in Jumeirah Village Circle, according to the agent's brief.
Ready Furnished Studio at O2 Tower, JVC – Urgent Sale at AED 470,000
AED 470,000
| Deal type | Below Market |
| Price | AED 470,000 |
| Size | 392 sq.ft |
| Type | Apartment |
| Status | Ready |
| Developer | Tiger Properties |
| Area / Master development | Jumeirah Village Circle |
| Sub-community / Phase | O2 Tower |
| Community | Jumeirah Village Circle |
Property Overview
This ready, fully furnished studio at O2 Tower in Jumeirah Village Circle (JVC) is offered at AED 470,000 for 392 sq ft. The agent describes it as an urgent sale and quotes a rental return of 8.5%. No original price or market benchmark was supplied, so DPF does not state a discount.
Property Highlights
- Property type: Studio apartment
- Size: 392 sq ft (agent-stated)
- Asking price: AED 470,000
- Price per sq ft: approximately AED 1,199
- Status: Ready
- Furnishing: Fully furnished
- Agent-quoted return: 8.5%
- Developer: Tiger Properties
Why the Listing Is Marked Below Market
The agent presents this as an urgent, motivated sale of a ready, furnished studio. The brief contains no original purchase price, previous asking price, DLD transaction or dated market comparison.
Because of that, DPF has not calculated a discount and makes no claim that the price is below a specific benchmark. Buyers should compare recent DLD transactions for studios in O2 Tower and nearby JVC buildings before deciding.
About the Project, Developer and Community
O2 Tower is a completed high-rise residential tower in Jumeirah Village Circle developed by Tiger Properties. JVC is a large, established residential community in Dubailand known for mid-priced apartments and a strong rental market.
Rental Return
The agent quotes an 8.5% return. This figure has not been verified by DPF and is not guaranteed. It should be checked against a current tenancy contract or rental comparables, net of service charges and any vacancy.
Location and Connectivity
JVC has road access via Al Khail Road and Sheikh Mohammed Bin Zayed Road, connecting towards Al Barsha, Dubai Marina and Downtown Dubai. No specific drive times are stated here because none were verified.
Verification Notes
- Agent-supplied facts: project, studio type, size, asking price, ready status, fully furnished, urgent sale and 8.5% return.
- Calculated by DPF: price per sq ft.
- External research: developer and completed status of O2 Tower.
- Not supplied: unit number, floor, view, bathrooms, parking, tenancy status, previous price and service charges.
Frequently asked questions
Why is this listed as a distress deal?
The agent describes it as an urgent sale. No original price, DLD transaction or market comparison was supplied, so DPF has not calculated a discount.
What is the price per square foot?
At AED 470,000 for 392 sq ft, the asking price works out to approximately AED 1,199 per square foot.
What rental return does the agent quote?
The agent quotes a return of 8.5%. This is the agent's figure, not a DPF calculation or guarantee. Buyers should check it against an actual tenancy contract or recent rental comparables and account for service charges.
Who developed O2 Tower and is it completed?
O2 Tower is a completed residential tower in Jumeirah Village Circle developed by Tiger Properties. The agent confirms the unit is ready.
What should a buyer verify before reserving?
A buyer should confirm the size on the title deed, unit number, floor, occupancy or tenancy status, furniture inventory, service charges and any mortgage before paying a deposit.
Buyer costs
What you will pay
Dubai transfer costs for an ready unit. Every figure editable — NOC is set by the developer and varies.
AED
| Sale price | — |
| DLD transfer fee | — |
| NOC fee | — |
| Trustee / registration | — |
| Agency fee | — |
| VAT on agency (5%) | — |
Total cost
—
Full payment schedule and unit details are released to qualified buyers on enquiry.
Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.
Finance
Mortgage estimate
Indicative monthly repayment on a UAE bank mortgage.
AED
| Down payment | — |
| Loan amount | — |
| Total interest | — |
| Total repaid | — |
Monthly payment
—
Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.
Read our full property verification methodology →
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