Unit 1604, O2 Tower: what it sold for and what it is worth now

Unit 1604 at O2 Tower is a studio of 501 sq ft. It last sold for AED 480,000 on 4 Jan 2021. At AED 1,469 per sq ft, from 10 sales in the building in the last 12 months (studio), it is worth about AED 736,000 today.

Value todayAED 736,000AED 624,000 to AED 742,000
Last saleAED 480,0004 Jan 2021 · Off-plan
Change since last sale+53.3% 
Rent (median asking, studio)AED 43,000Gross yield 5.8%
Bedroomsstudio
Size501 sq ft
Floor16 (from the unit number)
Position in the towerStack 04: units ending 04 share the same layout and view
BuildingO2 Tower by Tiger Properties, handed over 2021
Registered sales of this unit1

Every registered sale of unit 1604

DatePriceSizeAED/sq ftType
4 Jan 2021AED 480,000501 sq ft958Off-plan

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
120410 Jul 2026AED 520,000501 sq ft1,038Resale
310413 Jan 2025AED 935,0001,024 sq ft913Resale
320430 Sep 2024AED 965,0001,024 sq ft942Resale
140417 Sep 2024AED 560,000501 sq ft1,118Resale
240423 Jul 2024AED 500,000503 sq ft994Resale
340428 May 2024AED 445,000344 sq ft1,294Resale
150414 May 2024AED 450,000501 sq ft898Resale
250428 Nov 2023AED 550,000503 sq ft1,093Resale

Latest studio sales in O2 Tower

UnitDatePriceSizeAED/sq ftType
34011 Oct 2026AED 490,000331 sq ft1,480Resale
120410 Jul 2026AED 520,000501 sq ft1,038Resale
190516 Jun 2026AED 650,000452 sq ft1,438Resale
230623 Feb 2026AED 555,000376 sq ft1,476Resale
210612 Feb 2026AED 550,000376 sq ft1,463Resale
160710 Dec 2025AED 525,000349 sq ft1,504Resale
130728 Nov 2025AED 560,000349 sq ft1,605Resale
250520 Nov 2025AED 450,000452 sq ft996Resale

How we worked out the value

We took the 10 sales in O2 Tower in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,469). We multiplied it by the size of this unit (501 sq ft). The range uses the middle half of those sales (AED 1,246 to AED 1,482 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 12 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1604 at O2 Tower worth?

About AED 736,000 (range AED 624,000 to AED 742,000), based on AED 1,469 per sq ft from registered sales up to 12 Oct 2026.

When did unit 1604 last sell?

4 Jan 2021, for AED 480,000 (off-plan). It has 1 registered sale.

What rent can unit 1604 make?

A studio in O2 Tower rents for about AED 43,000 a year (median asking rent). That is a gross yield of 5.8% on the estimate.

Sales alert for O2 TowerAll sales in O2 Tower

Unit 1603 · Unit 1605