Oakwood Residency in Dubai Production City - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for completed properties in Oakwood Residency
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
1
66
8,800
579,567
2
171
6,861
1,175,000
Rents in Oakwood Residency
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
1
73
719
52,156
2
130
475
61,740
The cap rate (rental yield) of investments into Oakwood Residency project is 8.7% on average.
The price of an apartment in Oakwood Residency is 8,036 AED/sqm on average.
The long term rent of an apartment in Oakwood Residency is 644 AED/sqm/year on average.
Price for completed 1 bedroom apartment in Oakwood Residency is 579,567 AED or 8,800 AED/sqm. Price for completed 2 bedroom apartment in Oakwood Residency is 1,175,000 AED or 6,861 AED/sqm.
Rent for 1 bedroom apartment in Oakwood Residency is 52,156 AED or 719 AED/sqm. Rent for 2 bedroom apartment in Oakwood Residency is 61,740 AED or 475 AED/sqm.
About Oakwood Residency
'Oakwood Residency' in 'Dubai Production City' area project description
Oakwood Residency is a luxurious residential development located in the heart of Dubai. It is a part of the larger Oakwood development, which includes a range of residential, commercial and leisure facilities. The development is situated in the Jumeirah Lake Towers area, close to the Dubai Marina, and is within easy reach of the city’s many attractions.
Oakwood Residency offers a range of luxurious apartments and penthouses, with a range of sizes and layouts to suit all lifestyles. The apartments are designed to the highest standards, with modern interiors and plenty of natural light. All apartments come with a fully-equipped kitchen, spacious living and dining areas, and balconies with stunning views of the city.
The development also offers a range of amenities and facilities, including a swimming pool, gym, sauna, steam room, children’s play area and landscaped gardens. Residents also benefit from 24-hour security and concierge services.
Oakwood Residency is conveniently located close to a range of shops, restaurants and entertainment venues. The Dubai Marina Mall is just a few minutes away, and the Dubai Metro is also nearby. The development is also close to a range of beaches, parks and other attractions, making it the perfect place to call home.
Oakwood Residency is the perfect choice for those looking for a luxurious lifestyle in the heart of Dubai. With its modern apartments, range of amenities and convenient location, it is the ideal place to call home.
Q&A on Oakwood Residency
What are the advantages of 'Oakwood Residency' project in Dubai for property buyers? What are the disadvantages?
1. Prime Location: Oakwood Residency is located in the heart of Dubai, offering easy access to some of the city’s most popular attractions, including the Dubai Mall, Burj Khalifa, and the Dubai Marina.
2. Luxury Amenities: The project offers a range of luxurious amenities, such as a swimming pool, gym, spa, and a rooftop terrace.
3. High-Quality Construction: The project is built with high-quality materials and features modern design elements.
4. Affordable Prices: The project offers competitive prices, making it an attractive option for real estate buyers.
5. Flexible Payment Plans: Oakwood Residency offers flexible payment plans, allowing buyers to pay in installments.
What projects are better than 'Oakwood Residency' project in Dubai which are located close by, and why?
- The Crescent by Damac: - Amenities: Features include swimming pools, state-of-the-art gymnasium, tennis court, 24-hour concierge, and retail options. - Design: Modern architectural design and high-quality finishes. - Reputation: Developed by DAMAC, a renowned developer in the UAE.
- Lakeside by Damac: - Amenities: Includes fitness centers, steam rooms, sauna, tennis courts, and children's play area. - Value for Money: Offers competitive pricing with good investment returns. - Community: Situated in a scenic lakeside setting with landscaped lawns and garden areas.
- IMPZ Residences: - Amenities: Facilities include swimming pools, gyms, BBQ areas, and children’s play areas. - Building Quality: Offers high standards of construction and maintenance. - Connectivity: Well-connected to major highways and public transport networks.
- Centrium Towers: - Amenities: Features health clubs, jacuzzis, temperature-controlled swimming pools, and landscaped garden landscapes. - Layout: Spacious apartments with functional designs. - Developer Reputation: Built by ETA Star, known for delivering quality properties.
- The Crescent A, B, and C: - Amenities: Offers facilities such as gyms, swimming pools, landscaped gardens, and lake views. - Price Point: Competitive pricing with a good balance between cost and amenities. - Common Areas: Features extensive common areas for community gatherings and recreational activities.
- Me'aisem 1, 2, 3, and 4: - Amenities: Each cluster has unique offerings like gyms, pools, retail areas, and community centers. - Variety: Multiple building clusters offering diverse apartment types and sizes. - Lifestyle: Designed to cater to both families and individuals seeking a balanced lifestyle.
These projects generally offer superior amenities, better connectivity, and often greater investment potential compared to Oakwood Residency.