Unit B-023, Oakley Square Residences: what it sold for and what it is worth now

Unit B-023 at Oakley Square Residences is a studio of 497 sq ft. It last sold for AED 621,828 on 18 May 2023. At AED 1,581 per sq ft, from 7 sales in the building in the last 24 months (studio), it is worth about AED 786,000 today.

Value todayAED 786,000AED 778,000 to AED 805,000
Last saleAED 621,82818 May 2023 · Off-plan
Change since last sale+26.4% 
Rent (median asking, studio)AED 55,000Gross yield 7.0%
Bedroomsstudio
Size497 sq ft
Floor0 (from the unit number)
Position in the towerStack 23: units ending 23 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-023

DatePriceSizeAED/sq ftType
18 May 2023AED 621,828497 sq ft1,251Off-plan

Units ending 23 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
B-2239 Mar 2023AED 990,828795 sq ft1,246Off-plan
B-12312 Feb 2023AED 1,206,8281,010 sq ft1,195Off-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 7 sales in Oakley Square Residences in the last 24 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,581). We multiplied it by the size of this unit (497 sq ft). The range uses the middle half of those sales (AED 1,565 to AED 1,621 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-023 at Oakley Square Residences worth?

About AED 786,000 (range AED 778,000 to AED 805,000), based on AED 1,581 per sq ft from registered sales up to 7 Oct 2026.

When did unit B-023 last sell?

18 May 2023, for AED 621,828 (off-plan). It has 1 registered sale.

What rent can unit B-023 make?

A studio in Oakley Square Residences rents for about AED 55,000 a year (median asking rent). That is a gross yield of 7.0% on the estimate.

Sales alert for Oakley Square ResidencesAll sales in Oakley Square Residences

Unit B-022 · Unit B-024