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1-bed · 416 sqftOakwood Residency, Dubai Production City (IMPZ) · 7th floor · completed 2012

703, Oakwood Residency

Sold prices and rental history: sold 4 times, last in May 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 9 September 2026
Last soldAED 300K31 May 2016
Current rentAED 55K /yr9 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 703, Oakwood Residency

What is 703 worth today?

Last sold for AED 300,000 in 2016

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9 Sep 2026RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
9 Sep 2025RentedRenewal
AED 54,000/yr12 months · AED 65 per sqft
9 Sep 2024RentedRenewal
AED 52,000/yr12 months · AED 63 per sqft
9 Sep 2023RentedRenewal
AED 44,000/yr12 months · AED 53 per sqft
9 Sep 2022RentedRenewal
AED 39,000/yr12 months · AED 47 per sqft
9 Sep 2021RentedRenewal
AED 38,000/yr12 months · AED 46 per sqft
9 Sep 2020RentedRenewal
AED 38,000/yr12 months · AED 46 per sqft
9 Sep 2019RentedRenewal
AED 45,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 9 September 2026.

Key facts

Type
1-bed apartment
Size
416 sqft
Floor
7th of 18
Parking
B1 - 43
Developer
Deyaar
Completed
2012
Service charge
AED 4,900 /yr
Last sold
AED 300K · May 2016
Building
Oakwood Residency

About 703, Oakwood Residency

703 is a one-bedroom apartment of 416 sqft on the 7th floor of Oakwood Residency, a 18-storey tower in Dubai Production City (IMPZ) completed in 2012 by Deyaar. It last sold on 31 May 2016 for AED 300,000, or AED 720 per sqft, 15% below the AED 846 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 9 September 2026, is AED 55,000 a year: a gross yield of 18.3% on the 2016 price, before the service charge of about AED 4,900 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical one-bed in Oakwood Residency
500K1M2009201420192024Typical sale price by year: 2009 AED 1,197,261; 2010 AED 359,268; 2013 AED 610,733; 2014 AED 736,665; 2015 AED 724,105; 2016 AED 570,000; 2017 AED 345,000; 2018 AED 495,000; 2019 AED 410,000; 2020 AED 430,000; 2021 AED 526,053; 2022 AED 400,000; 2023 AED 474,275; 2024 AED 568,858; 2025 AED 600,000; 2026 AED 652,500Sold by developer, June 2013: AED 595,741 (AED 715 per sqft)Sold, September 2013: AED 595,741 (AED 715 per sqft)Sold, November 2013: AED 600,000 (AED 720 per sqft)Sold, May 2016: AED 300,000 (AED 720 per sqft)

703 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 703, each contractTypical one-bed in Oakwood Residency
40K60K2013201720212025Typical rent by year: 2013 AED 42,000; 2014 AED 44,000; 2015 AED 47,408; 2016 AED 53,000; 2017 AED 54,000; 2018 AED 49,612; 2019 AED 40,525; 2020 AED 35,000; 2021 AED 30,000; 2022 AED 33,844; 2023 AED 37,000; 2024 AED 45,000; 2025 AED 50,000; 2026 AED 53,500New contract, July 2013: AED 44,000 a yearNew contract, July 2014: AED 44,000 a yearNew contract, August 2015: AED 65,000 a yearNew contract, September 2016: AED 65,000 a yearRenewal, September 2017: AED 60,000 a yearRenewal, September 2018: AED 53,000 a yearRenewal, September 2019: AED 45,000 a yearRenewal, September 2020: AED 38,000 a yearRenewal, September 2021: AED 38,000 a yearRenewal, September 2022: AED 39,000 a yearRenewal, September 2023: AED 44,000 a yearRenewal, September 2024: AED 52,000 a yearRenewal, September 2025: AED 54,000 a yearRenewal, September 2026: AED 55,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Oakwood Residency, and where 703 sits

All 319 1-beds →

703 last sold in May 2016 at AED 720 per sqft, 15% below what one-beds in Oakwood Residency were fetching at the time (AED 846). Over the last 12 months one-beds sold for AED 590,000 to 730,000, around AED 816 per sqft, and rent for AED 34,500 to 100,000 a year. 703's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Aug 2026635,000
10 Aug 2026670,000
10 Aug 2026685,250
4 Jun 2026590,000
17 1-bed sales in the last 12 months

Oakwood Residency

Building

343 apartments, 1-bed to 2-bed over 18 floors in Dubai Production City (IMPZ), completed in 2012 by Deyaar. 18 sold in the last 12 months.

Typical price per sqft
AED 805 Up 12.7%
Typical sale
AED 653K
Typical rent
AED 55K /yr
Typical yield
8.0%
Oakwood Residency, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 7th floor

All 343 units in Oakwood Residency
Value
7011-bedAED 825K · May 2014
7021-bedAED 635K · Nov 2025
7041-bedAED 613K · Jun 2013
7051-bedAED 605K · Nov 2025
7061-bedAED 750K · Apr 2014
7071-bedAED 631K · Apr 2013
7081-bedAED 810K · Jun 2014
1–7 of 19

703, Oakwood Residency in numbers

  • Sold 4 times: first on 27 June 2013 for AED 595,741, last on 31 May 2016 for AED 300,000 (AED 720 per sqft).
  • Rented since July 2013 on 14 Ejari contracts. The rent fell from AED 44,000 to AED 38,000 in 2021 and recovered to AED 55,000 by September 2026.
  • At AED 55,000 a year the gross yield on the 2016 price is 18.3%, before a service charge of about AED 4,900 a year (AED 11.75 per sqft).
  • One-beds in Oakwood Residency sold for AED 590,000–730,000 in the 12 months to November 2026; the building's median across all types is AED 805 per sqft.

Source: Dubai Land Department. Updated 9 September 2026.

Questions about 703, Oakwood Residency

What did unit 703 last sell for?

AED 300,000 on 31 May 2016: AED 720 per sqft for 416 sqft. The unit has 4 registered sales; the first was AED 595,741 in June 2013.

What is the rent for unit 703?

AED 55,000 a year on the contract renewed on 9 September 2026. The previous contract, from September 2025, was AED 54,000; the unit has been rented since July 2013.

How big is unit 703?

416 sqft (38.6 sqm): a one-bedroom apartment on the 7th floor of a 18-storey tower completed in 2012.

What is unit 703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Oakwood Residency sold for AED 590,000 to 730,000 in the last 12 months, around AED 816 per sqft.

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Mortgage on 703, Oakwood Residency

Starts from the last sale price (AED 300K, 31 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →