Unit 308, Oxford Residence 1: what it sold for and what it is worth now

Unit 308 at Oxford Residence 1 is a 2 bed of 994 sq ft. It last sold for AED 659,000 on 18 May 2020. At AED 1,195 per sq ft, from 12 sales in the building in the last 24 months, it is worth about AED 1,188,000 today.

Value todayAED 1,188,000AED 1,067,000 to AED 1,290,000
Last saleAED 659,00018 May 2020 · Resale
Change since last sale+80.3% 
Rent (median asking, 2 bed)AED 82,000Gross yield 6.9%
Bedrooms2 bed
Size994 sq ft
Floor3 (from the unit number)
Position in the towerStack 08: units ending 08 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 308

DatePriceSizeAED/sq ftType
18 May 2020AED 659,000994 sq ft663Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10831 Aug 2021AED 610,000821 sq ft743Resale

Latest 2 bed sales in Oxford Residence 1

UnitDatePriceSizeAED/sq ftType
11827 Sep 2023AED 950,0001,014 sq ft937Resale
G058 Aug 2023AED 890,0001,207 sq ft737Resale
G057 Mar 2021AED 850,0001,207 sq ft704Resale
31928 Jan 2021AED 695,0001,016 sq ft684Resale

How we worked out the value

We took the 12 sales in Oxford Residence 1 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,195). We multiplied it by the size of this unit (994 sq ft). The range uses the middle half of those sales (AED 1,074 to AED 1,298 per sq ft). 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 308 at Oxford Residence 1 worth?

About AED 1,188,000 (range AED 1,067,000 to AED 1,290,000), based on AED 1,195 per sq ft from registered sales up to 2 Oct 2026.

When did unit 308 last sell?

18 May 2020, for AED 659,000 (resale). It has 1 registered sale.

What rent can unit 308 make?

A 2 bed in Oxford Residence 1 rents for about AED 82,000 a year (median asking rent). That is a gross yield of 6.9% on the estimate.

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

Unit 301 · Unit 309