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O 2 rent: what tenants really pay
Rent in O 2, JVC: Studio AED 42,500, 1-bed AED 65,000 a year. These are medians of 188 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a Studio here is AED 105, against AED 108 across JVC.
Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method
“O 2: value at AED 105 a sq ft against the JVC median of 108. Ask the agent what the last tenant signed, then use the table below.”
Know the rent before you sign
What tenants in this building really paid, what landlords ask, and how hard to push.
What the leases say about O 2
- Per sq ft, a Studio here costs 2% less than the JVC median: AED 105 against AED 108. It is number 48 of 115 JVC buildings, cheapest first.
- Homes here are smaller than usual. The median Studio here is 376 sq ft. That is 14% below the JVC median of 438 sq ft.
- New Studio tenants pay AED 42,500, renewing tenants AED 42,000. For the same home, renewing is more expensive than moving in: a new tenant pays 7% less.
- New-lease rent per sq ft fell 5% on the year, to AED 89 a sq ft.
- 39 leases end in the next 60 days, so more homes may become available soon.
Rent in O 2 by bedrooms
AED a year, medians. Signed: Ejari leases 16 Oct 2025–15 Oct 2026. Asking: adverts on 16 Oct 2026, matched by building name.
| Home | New lease | Renewal | Asking | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|---|---|
| Studio | 42,500 | 42,000 | – | 376 | 105 | 104 |
| 1-bed | 65,000 | 66,500 | – | 821 | 76 | 84 |
Where O 2 is, and the buildings around it
We do not hold the exact position of O 2 yet; the map shows JVC.
Click a building to see its rents. Rents shown are median new leases, 16 Oct 2025–15 Oct 2026.
Finding
A new Studio tenant in O 2 pays 7% less than a renewing one for the same home.
New lease against renewal: same building, same bedrooms, size within 15%
- For a Studio in this building, new tenants pay less than renewing tenants.
- If you renew, ask for the new-lease price.
- The renewal figure shows what the landlord accepts from tenants he wants to keep.
- Renew or move →
Finding
New-lease rent per sq ft in O 2 fell 5% on the year.
Median new lease, AED a sq ft, by quarter
AED 89 a sq ft in the 12 months to 15 Oct 2026, against AED 94 the year before. Quarters with fewer than 10 new leases are left out of the chart.
Supply
39 leases in O 2 end in the next 60 days.
Leases ending soon: homes that may become available
Some will renew, some will come back to the market. More homes free means more room to negotiate. Ask agents about units with a lease ending soon.
Compare: other JVC buildings, Studio
| Building | New lease | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|
| Noora Residence 1 | 42,500 | 398 | 101 | 31 |
| Tower 108 | 42,000 | 435 | 100 | 90 |
| Hanover Square | 42,000 | 396 | 110 | 184 |
| May Residence | 43,000 | 465 | 86 | 92 |
| Emirates Garden 2 (Maple- Magnola - Mulberry) | 43,000 | 526 | 78 | 67 |
| Tuscan Residences1 - Siena | 42,000 | 533 | 75 | 59 |
| Masaar Residences | 43,000 | 495 | 77 | 31 |
| Plaza Residences | 43,500 | 426 | 98 | 68 |
Buying in Jumeirah Village Circle? Sale prices, every tower, resale and off-plan: Jumeirah Village Circle on BUY DUBAI →
Questions
How much is rent in O 2?
Rent in O 2, JVC: Studio AED 42,500, 1-bed AED 65,000 a year. These are medians of 188 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a Studio here is AED 105, against AED 108 across JVC.
How much is a studio in O 2?
The median rent for a new Studio lease in O 2 is AED 42,500 a year (AED 3,542 a month). The median size is 376 sq ft. This is from 74 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 1 bedroom in O 2?
The median rent for a new 1-bed lease in O 2 is AED 65,000 a year (AED 5,417 a month). The median size is 821 sq ft. This is from 61 new leases, 16 Oct 2025–15 Oct 2026.
Is it cheaper to renew or move in O 2?
For a Studio, new tenants pay a median AED 42,500 and renewing tenants AED 42,000. For the same home, a new tenant pays 7% less.
Is rent going up in O 2?
Rent per sq ft on new leases in O 2: AED 89 in the 12 months to 15 Oct 2026, against AED 94 the year before.
What are the alternatives to O 2 in JVC?
Similar rent for a Studio: Noora Residence 1 AED 42,500, Tower 108 AED 42,000, Hanover Square AED 42,000, May Residence AED 43,000.
How we worked it out, and the limits
Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts. We use homes only, one unit for each contract, starting 16 Oct 2025–15 Oct 2026. "New" is a new tenant or a new contract. "Renewal" is the same contract, renewed. Bedrooms come from the Ejari unit type. "3 bed" means 3 or more. Every rent is a median: half the leases are above it. A figure needs 10 or more leases. A page needs 30 or more.
This building. Leases are matched by the Ejari project name "O 2". 188 leases 16 Oct 2025–15 Oct 2026, 135 new. First leases in our records: 2024. Adverts are matched by name and may include a neighbouring building.
Full method: What the leases say → · Checking a rent rise? Rent increase calculator →
Sale prices, resale and off-plan, tower facts and developer photos: BUY DUBAI, our sister site for buyers. Rents: Dubai Land Department Ejari leases.