Unit 224, Oxford Residence 1: what it sold for and what it is worth now

Unit 224 at Oxford Residence 1 is a studio of 376 sq ft. It last sold for AED 450,000 on 20 Nov 2023. At AED 1,324 per sq ft, from 6 sales in the building in the last 24 months (studio), it is worth about AED 498,000 today.

Value todayAED 498,000AED 444,000 to AED 540,000
Last saleAED 450,00020 Nov 2023 · Resale
Change since last sale+10.7%Building trend alone: AED 604,017
Rent (median asking, studio)AED 48,000Gross yield 9.6%
Bedroomsstudio
Size376 sq ft
Floor2 (from the unit number)
Position in the towerStack 24: units ending 24 share the same layout and view
BuildingOxford Residence 1 by Iman Developers, handed over 2018
Registered sales of this unit1

Every registered sale of unit 224

DatePriceSizeAED/sq ftType
20 Nov 2023AED 450,000376 sq ft1,197Resale

Units ending 24 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
32421 Mar 2024AED 300,000376 sq ft798Resale

Latest studio sales in Oxford Residence 1

UnitDatePriceSizeAED/sq ftType
31721 Sep 2026AED 625,000410 sq ft1,524Resale
2117 Oct 2025AED 585,000410 sq ft1,427Resale
21213 Jun 2025AED 590,000410 sq ft1,439Resale
12111 Dec 2024AED 640,000652 sq ft982Resale
4146 Nov 2024AED 650,000556 sq ft1,169Resale
4185 Nov 2024AED 525,000430 sq ft1,221Resale
4147 May 2024AED 495,000556 sq ft890Resale
32421 Mar 2024AED 300,000376 sq ft798Resale

How we worked out the value

We took the 6 sales in Oxford Residence 1 in the last 24 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,324). We multiplied it by the size of this unit (376 sq ft). The range uses the middle half of those sales (AED 1,182 to AED 1,436 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 604,017. Floor, view, condition and upgrades can move the price either way. Sales data to 2 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 224 at Oxford Residence 1 worth?

About AED 498,000 (range AED 444,000 to AED 540,000), based on AED 1,324 per sq ft from registered sales up to 2 Oct 2026.

When did unit 224 last sell?

20 Nov 2023, for AED 450,000 (resale). It has 1 registered sale.

What rent can unit 224 make?

A studio in Oxford Residence 1 rents for about AED 48,000 a year (median asking rent). That is a gross yield of 9.6% on the estimate.

Sales alert for Oxford Residence 1All sales in Oxford Residence 1

Unit 222 · Unit 301