Unit B-016, Oakley Square Residences: what it sold for and what it is worth now

Unit B-016 at Oakley Square Residences is a studio of 506 sq ft. It last sold for AED 632,828 on 20 Feb 2023. At AED 1,824 per sq ft, from 3 sales of units ending 16 (same position in the tower), it is worth about AED 923,000 today.

Value todayAED 923,000AED 894,000 to AED 1,000,000
Last saleAED 632,82820 Feb 2023 · Off-plan
Change since last sale+45.9% 
Rent (median asking, studio)AED 55,000Gross yield 6.0%
Bedroomsstudio
Size506 sq ft
Floor0 (from the unit number)
Position in the towerStack 16: units ending 16 share the same layout and view
BuildingOakley Square Residences by Ellington Properties, handed over 2023
Registered sales of this unit1

Every registered sale of unit B-016

DatePriceSizeAED/sq ftType
20 Feb 2023AED 632,828506 sq ft1,251Off-plan

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
B-41616 Jan 2026AED 1,430,000672 sq ft2,128Resale
B-41615 Jan 2025AED 1,150,000672 sq ft1,711Resale
B-31612 Nov 2024AED 1,450,000795 sq ft1,824Resale
B-4161 Aug 2023AED 1,067,000672 sq ft1,588Off-plan
B-41631 Jul 2023AED 1,067,000672 sq ft1,588Off-plan
B-3165 Jul 2023AED 1,150,000795 sq ft1,447Off-plan
B-31613 May 2023AED 1,006,828795 sq ft1,266Off-plan
B-4167 Mar 2023AED 867,828672 sq ft1,291Off-plan

Latest studio sales in Oakley Square Residences

UnitDatePriceSizeAED/sq ftType
B-00617 Dec 2025AED 840,000517 sq ft1,625Resale
B-01823 May 2025AED 820,000506 sq ft1,621Resale
B-01015 May 2025AED 790,000507 sq ft1,558Resale
B-02225 Apr 2025AED 750,000506 sq ft1,482Resale
B-02024 Dec 2024AED 800,000506 sq ft1,581Resale
B-0016 Dec 2024AED 820,000506 sq ft1,621Resale
B-01131 Oct 2024AED 795,000506 sq ft1,571Resale
B-00714 Jun 2024AED 750,000525 sq ft1,429Off-plan

How we worked out the value

We took the 3 resale sales of units ending 16 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,824). We multiplied it by the size of this unit (506 sq ft). The range uses the middle half of those sales (AED 1,768 to AED 1,976 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 7 Oct 2026, from the Dubai Land Department register.

Questions

What is unit B-016 at Oakley Square Residences worth?

About AED 923,000 (range AED 894,000 to AED 1,000,000), based on AED 1,824 per sq ft from registered sales up to 7 Oct 2026.

When did unit B-016 last sell?

20 Feb 2023, for AED 632,828 (off-plan). It has 1 registered sale.

What rent can unit B-016 make?

A studio in Oakley Square Residences rents for about AED 55,000 a year (median asking rent). That is a gross yield of 6.0% on the estimate.

Sales alert for Oakley Square ResidencesAll sales in Oakley Square Residences

Unit B-015 · Unit B-017