Sold for AED 590,000: 1-Bedroom Apartment in Oakwood Residency
Located in Dubai Production City, Dubai. Its price per sqft is +25% vs the Oakwood Residency median (AED 794/sqft).
Sale price
AED 590,000
- Per sqft
- AED 994
- Registered
- 4 Jun 2026, 10:24 (Dubai)
01 / Price history
This unit's history
Every registration of this 1-bedroom apartment in Oakwood Residency: same layout, exact size (594 sqft) and parking bay B3 - 03. The registry has no unit numbers, so records are matched on these details.
4 Jun 2026This sale
594 sqft · AED 994/sqft · Ready
First recordAED 590,0004 Jun 2026Mortgage
Same day as previous · 594 sqft · AED 795/sqft · Ready
20%lower than the previous recordAED 472,000
- Records
- 2
- Registered
- Same day
- as the mortgage, 4 Jun 2026
- Loan to value
- 80%
- AED 472K mortgage on the AED 590K sale
02 / The property
Property details
- Size
- 594 sqft · 55.15 m²
- Bedrooms
- 1 BR
- Registered as
- Sale
- Property sub-type
- Flat
- Usage
- Residential
- Tenure
- Freehold
- Parking
- B3 - 03
- Nearest metro
- Damac Properties
- Nearest mall
- Marina Mall
- Nearest landmark
- Sports City Swimming Academy
03 / Comparables
All sales in Oakwood Residency (19 Jan 2026 – 15 Aug 2026)
11 market sales. Percentages compare each sale with this one.
| Sale record | Recorded | Value · AED | AED / sqft |
|---|---|---|---|
| 15 Aug 2026 | 635K+8% vs selected | 710−29% vs selected | |
| 10 Aug 2026 | 685.25K+16% vs selected | 777−22% vs selected | |
| 10 Aug 2026 | 670K+14% vs selected | 749−25% vs selected | |
1 BR · 594 sqftSelected sale | 4 Jun 2026 | 590K | 994 |
| 14 May 2026 | 600K+2% vs selected | 1,011+2% vs selected | |
| 29 Apr 2026 | 635K+8% vs selected | 720−28% vs selected | |
| 23 Mar 2026 | 730K+24% vs selected | 816−18% vs selected | |
| 4 Mar 2026 | 590K0% vs selected | 9940% vs selected | |
| 13 Feb 2026 | 600K+2% vs selected | 1,011+2% vs selected | |
| 5 Feb 2026 | 710K+20% vs selected | 794−20% vs selected | |
| 19 Jan 2026 | 710K+20% vs selected | 740−26% vs selected |
04 / Renting it out
What similar apartments rent for
Median of 96 market rents of apartments of 505–683 sq ft in Dubai Production City. The gross yield is that rent against this sale's price, before service charges, fees and empty months.
- Median rent / yr
- AED 62,000
- Per sqft / yr
- AED 95/sqft
- Gross yield
- 10.5%