Unit 515, Oxford Residence 2: what it sold for and what it is worth now

Unit 515 at Oxford Residence 2 is a studio of 372 sq ft. It last sold for AED 385,000 on 29 Mar 2021. At AED 1,577 per sq ft, from 8 sales in the building in the last 12 months (studio), it is worth about AED 586,000 today.

Value todayAED 586,000AED 579,000 to AED 626,000
Last saleAED 385,00029 Mar 2021 · Resale
Change since last sale+52.2%Building trend alone: AED 627,916
Rent (median asking, studio)AED 49,000Gross yield 8.4%
Bedroomsstudio
Size372 sq ft
Floor5 (from the unit number)
Position in the towerStack 15: units ending 15 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 515

DatePriceSizeAED/sq ftType
29 Mar 2021AED 385,000372 sq ft1,035Resale

Units ending 15 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
31523 Sep 2024AED 610,000388 sq ft1,572Resale
41526 Oct 2023AED 620,000696 sq ft891Resale
41528 Mar 2021AED 430,000696 sq ft618Resale
21529 Dec 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 (372 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 627,916. 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 515 at Oxford Residence 2 worth?

About AED 586,000 (range AED 579,000 to AED 626,000), based on AED 1,577 per sq ft from registered sales up to 26 Aug 2026.

When did unit 515 last sell?

29 Mar 2021, for AED 385,000 (resale). It has 1 registered sale.

What rent can unit 515 make?

A studio in Oxford Residence 2 rents for about AED 49,000 a year (median asking rent). That is a gross yield of 8.4% on the estimate.

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

Unit 513 · Unit 516