Unit 406, Oxford Residence 2: what it sold for and what it is worth now

Unit 406 at Oxford Residence 2 is a 2 bed of 1,065 sq ft. It last sold for AED 850,000 on 6 May 2021. At AED 1,513 per sq ft, from 15 sales in the building in the last 12 months, it is worth about AED 1,612,000 today.

Value todayAED 1,612,000AED 1,285,000 to AED 1,692,000
Last saleAED 850,0006 May 2021 · Resale
Change since last sale+89.6%Building trend alone: AED 1,389,872
Rent (median asking, 2 bed)AED 95,000Gross yield 5.9%
Bedrooms2 bed
Size1,065 sq ft
Floor4 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingOxford Residence 2 by Iman Developers, handed over 2020
Registered sales of this unit2

Every registered sale of unit 406

DatePriceSizeAED/sq ftType
6 May 2021AED 850,0001,065 sq ft798Resale
12 Feb 2020AED 900,0001,065 sq ft845Off-plan

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10622 Oct 2024AED 650,000440 sq ft1,477Resale
50623 Sep 2024AED 955,000867 sq ft1,101Resale
30614 Oct 2022AED 485,000346 sq ft1,402Resale
20615 Mar 2021AED 319,240346 sq ft923Resale
30619 Nov 2020AED 420,000346 sq ft1,214Resale
50620 Aug 2020AED 650,000867 sq ft750Resale

Latest 2 bed sales in Oxford Residence 2

UnitDatePriceSizeAED/sq ftType
20715 May 2025AED 1,500,0001,065 sq ft1,408Resale
5168 May 2025AED 1,440,0001,000 sq ft1,440Resale
33021 Jun 2024AED 1,240,0001,000 sq ft1,240Resale
G-0115 Jun 2023AED 1,000,0001,276 sq ft784Resale
41720 Dec 2021AED 810,0001,000 sq ft810Resale
5056 Jun 2021AED 770,0001,065 sq ft723Resale
2209 Sep 2020AED 815,0001,235 sq ft660Resale
G-0119 Aug 2020AED 725,0001,276 sq ft568Resale

How we worked out the value

We took the 15 sales in Oxford Residence 2 in the last 12 months, worked out the price per sq ft of each, and used the middle value (AED 1,513). We multiplied it by the size of this unit (1,065 sq ft). The range uses the middle half of those sales (AED 1,207 to AED 1,589 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,389,872. 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 406 at Oxford Residence 2 worth?

About AED 1,612,000 (range AED 1,285,000 to AED 1,692,000), based on AED 1,513 per sq ft from registered sales up to 26 Aug 2026.

When did unit 406 last sell?

6 May 2021, for AED 850,000 (resale). It has 2 registered sales.

What rent can unit 406 make?

A 2 bed in Oxford Residence 2 rents for about AED 95,000 a year (median asking rent). That is a gross yield of 5.9% on the estimate.

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

Unit 405 · Unit 407