Oakwood Residency
About the project
(sq. ft.)
Oakwood Residency is a 19-storey residential building with additional space reserved for retail and commercial real estate. The project was developed by Deyaar Development PJSC and Dubai Properties Group, and it was completed in 2012.
The complex has a total of 344 apartments with one- and two-bedroom layouts. Units range in size from 58 sq. m (625 sq. ft.) to 146 sq. m (1,570 sq. ft.). One-bedroom apartments come with one or two bathrooms and a powder room. Properties also have living and dining areas, enclosed kitchens, and balconies overlooking the cityscape. Two-bedroom apartments have similar features with the addition of having two or three bathrooms and a powder room.
Residents can enjoy a variety of onsite amenities, including:
- Rooftop swimming pools
- Fully equipped gym
- Barbecue area
- Sauna and steam room for men and women
- Underground parking
- High-speed elevators
- Fire safety systems
One-bedroom apartments have a starting price of AED 350,000 (USD 92,000).
*The price is valid for 2021
Location
Oakwood Residency is located in Dubai Production City, an area that was formerly called the International Media Production Zone. The community caters to media production companies in Dubai and features ‘freehold’ properties.
Residents can take advantage of Sheikh Zayed Road, which provides easy access to Downtown Dubai and Business Bay. Oakwood Residency is situated within a 15-minute drive of many popular residential areas, including Dubai Studio City, Dubai Motor City, Arabian Ranches, Jumeirah Golf Estates, and Jumeirah Village Triangle.
The complex is also located within a short drive of many famous city attractions, including:
- The Selfie Kingdom, Dubai Butterfly Garden, and Balloon Adventures Emirates – 15 minutes
- Dubai Mall, Burj Al Arab, Ain Dubai Ferris Wheel, Ski Dubai, and the Walk JBR – 20 minutes
- Puranmal Sweets Restaurant – 25 minutes
- Safa Park – 30 minutes
- Dubai International Airport – 30 minutes
- La Mer by Meraas – 35 minutes
- Al Maktoum International Airport – 35 minutes
- Jumeirah Village Circle, Al Barsha, Jumeirah Beach, and Palm Jumeirah – 40 minutes
Return on investment
Oakwood Residency offers properties with a return on investment rate of 7.9%. One-bedroom apartments have the highest demand with annual rental rates starting at AED 30,000 (USD 8,000).
*The price is valid for 2021
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Metropolitan Premium Properties
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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