Unit 118, Oxford Residence 2: what it sold for and what it is worth now

Unit 118 at Oxford Residence 2 is a studio of 450 sq ft. It last sold for AED 420,000 on 6 Apr 2022. At AED 1,577 per sq ft, from 8 sales in the building in the last 12 months (studio), it is worth about AED 709,000 today.

Value todayAED 709,000AED 701,000 to AED 757,000
Last saleAED 420,0006 Apr 2022 · Resale
Change since last sale+68.8%Building trend alone: AED 685,881
Rent (median asking, studio)AED 49,000Gross yield 6.9%
Bedroomsstudio
Size450 sq ft
Floor1 (from the unit number)
Position in the towerStack 18: units ending 18 share the same layout and view
BuildingOxford Residence 2 by Iman Developers, handed over 2020
Registered sales of this unit1

Every registered sale of unit 118

DatePriceSizeAED/sq ftType
6 Apr 2022AED 420,000450 sq ft933Resale

Units ending 18 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
4187 Jun 2023AED 565,000452 sq ft1,250Resale
41821 Apr 2022AED 450,000452 sq ft996Resale
3186 Oct 2020AED 380,000388 sq ft979Resale
21818 Aug 2020AED 390,000388 sq ft1,005Resale

Latest studio sales in Oxford Residence 2

UnitDatePriceSizeAED/sq ftType
3248 Jun 2026AED 610,000388 sq ft1,572Resale
1242 Jun 2026AED 560,000415 sq ft1,349Resale
2111 Apr 2026AED 704,000388 sq ft1,814Resale
30913 Jan 2026AED 615,000389 sq ft1,581Resale
21719 Nov 2025AED 610,000388 sq ft1,572Resale
12425 Oct 2025AED 628,000415 sq ft1,513Resale
1294 Sep 2025AED 730,000430 sq ft1,698Resale
5044 Sep 2025AED 585,000349 sq ft1,676Resale

How we worked out the value

We took the 8 sales in Oxford Residence 2 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,577). We multiplied it by the size of this unit (450 sq ft). The range uses the middle half of those sales (AED 1,557 to AED 1,682 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 685,881. Floor, view, condition and upgrades can move the price either way. Sales data to 26 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 118 at Oxford Residence 2 worth?

About AED 709,000 (range AED 701,000 to AED 757,000), based on AED 1,577 per sq ft from registered sales up to 26 Aug 2026.

When did unit 118 last sell?

6 Apr 2022, for AED 420,000 (resale). It has 1 registered sale.

What rent can unit 118 make?

A studio in Oxford Residence 2 rents for about AED 49,000 a year (median asking rent). That is a gross yield of 6.9% on the estimate.

Sales alert for Oxford Residence 2All sales in Oxford Residence 2

Unit 117 · Unit 121