Oakwood Residency, Dubai Production City

Oakwood Residency, Dubai Production City

HIGHLIGHTS

About Oakwood Residency

Located adjacent to Sheikh Mohammed Bin Zayed Road, Dubai Production City or IMPZ is planned to be the centre point of New Dubai by TECOM Group. The community was established in 2003 as a free zone and freehold area and has been catering to commercial and residential needs with a mix of residential, retail and commercial properties. The neighbourhood comprises of companies specialising in media production, apartment complexes, shopping malls, hotels, schools, restaurants, amphitheatre.lush green golf courses and recreation centres. It is just minutes away from Dubai Miracle Garden, Ibn Battuta Mall, Jebel Ali and Dubai Sports City.

Oakwood Residency IMPZ is a mid-rise residential apartment building by Deyaar Developers, designed to cater to the residential needs of individuals in IMPZ. The apartment conveniently to unmatched accessibility to Sheikh Mohammed Bin Zayed Road, Al Khail Road and Sheikh Zayed Road, offering 344 spacious 1-bed and 2-bed apartments across 19 floors. Each apartment unit is elegantly designed and equipped, emanating a charming contemporary lifestyle. 

This residential building also offers residents access to multiple facilities and amenities like rooftop swimming pools, fully-equipped gymnasium, separate Jacuzzi, BBQ area, sauna and steam room for men and women and attractive lobby. In addition, residents can also enjoy leisure time enjoying the attractive cityscape from their terraces. It also sits on a convenient spot that directly links to Sheikh Zayed Road, which further leads to the North of the state to neighbouring places like Downtown Dubai and Business Bay.

Neighbouring communities include Dubai Studio City, Motor City, Arabian Ranches, Jumeirah Golf Estates, Jumeirah Village Triangle, Jumeirah Village Circle and Al Barsha. Mall of the Emirates, Jumeirah Beach and Palm Jumeirah, Burj Khalifa and the famous City Walk with so many things to do is also just a few miles away.

IN A NUTSHELL

  • Project by Deyaar Developers
  • Freehold property
  • 19 floors of 1-bed and 2-bed apartments
  • Apartment sizes range from 624 sq. ft. to 1,570 sq. ft.
  • Basement parking
  • Offers gym services 
  • Boasts state-of-the-art facilities
  • Neighbours include Dubai Sports City, Jumeirah Golf Estates, Jumeirah Islands, Jumeirah Village Triangle (JVT) and Jumeirah Village Circle (JVC)
  • Located in IMPZ, Dubai Production City
  • Close to Sheikh Mohammed Bin Zayed Road, Sheikh Zayed Road and Al Khail Road

BUILDING DETAILS

Facilities in Oakwood Residency

Parking

Parking in Oakwood Residency includes a basement with allocated parking spaces for each flat resident. For visitors, parking in the streets around and about the building is an option. 

Elevators

Multiple high-speed elevators in Oakwood Residency are installed to operate on international safety standards for the ease and safety of users. 

Security, Central Air-Conditioning and Maintenance Services 

Security staff, CCTV and access control are installed throughout the building to ensure round the clock security of residents at Oakwood Residency.

Maintenance staff is assigned to make sure everything runs smoothly within the apartment building. Waste disposal facility is also available for the ease of apartment residents. All utilities in Oakwood Residency Dubai is provided by DEWA.

Event Space

There is a swimming pool in Oakwood Residency IMPZ Dubai, which can be used as a weekend pool party venue.

Gym and Fitness Facilities 

To help residents maintain their fitness goals without spending a fortune, a gym in Oakwood Residency is set and equipped with the latest exercise tools is available in the building. As a part of fitness facilities in Oakwood Residency, a separate sauna and steam facilities for men and women are also present. 

Lifestyle Amenities

In addition to a state-of-the-art gymnasium, a rooftop swimming pool is built for those who find spending time in cool water under the open sky the epitome of relaxation and luxury living. 

Residents can also enjoy grilling meat and seafood on the common barbecue station. A seating area is also arranged with the barbecue station so residents can sit and enjoy the freshly cooked meals.  

The occupants can also make use of high-speed internet connectivity, Satellite/Cable TV and intercom facilities. 

The building also has a courtyard/ lobby area with a 24-hour front desk to help residents with information and services.

Concierge and Guest Services 

This building provides residents with the 24-hour front desk and concierge service, as well as ATM facilities for quick cash withdrawal.  

Pet-friendly

Oakwood Residency is not pet-friendly.

Safety Features

Fire alarm and firefighting system is also present in different areas of the building. 

Oakwood Residency Floor Plans 

Floor plans in this building include: 

  • 1-bedroom apartments in Oakwood Residency come in 25 different unit types 
  • 2-bedroom apartments in Oakwood Residency come in 13 different unit types

Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you’re interested in by browsing Oakwood Residency floor plans.

Apartment Types in Oakwood Residency

Apartment types in Oakwood Residency feature 1 and 2-bedroom units. Each unit has a walk-in balcony which showcases brilliant views of the city.

1-Bedroom Apartments in Oakwood Residency

1-bedroom apartments in Oakwood Residency come with one or two washrooms and one powder room. These units include a living space that features a dining area as well. The living space is connected to a closed-plan kitchen. The bedroom area has full-size glass doors that open to the walk-in balcony that overlooks the cityscape. There is one room that comes with a built-in closet. The area of this unit ranges between 625 sq. ft. and 870 sq. ft.

2-Bedroom Apartments in Oakwood Residency

2-bedroom apartments in Oakwood Residency measure from 1,399 sq. ft. to 1,570 sq. ft. Starting from the entrance, the apartment showcases a living room/dining area which is connected to a kitchen. There is a walk-in balcony that offers a pleasant view of the community or the street. The two bedrooms of the unit feature built-in-wardrobes. The two or three bathrooms, as well as the powder room, feature sleek-finish fittings.

Most Popular Apartment Types in Oakwood Residency

  • 1-Bed
  • 2-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%100%

Based on searches conducted by users on Bayut.com over the past 12 months

According to searches on Bayut.com, the most popular apartment type in Oakwood Residency are the 1-bedroom apartments that have gotten the first position. The second position is scored by 2-bedroom apartments. 

Rental Trends in Oakwood Residency

According to data derived from Bayut.com, the rental trends in Oakwood Residency are as follows:  

Rental apartments in Oakwood Residency are considered to be affordable as compared to many other apartments for rent in Dubai Production City, making it one of the most sought properties. 

Sale Trends in Oakwood Residency

According to research conducted by Bayut.com, sales trends in Oakwood Residency show the following: 

Apartments for sale in Oakwood Residency are some of the most sought-after, as compared to other apartments for sale in Dubai Production City IMPZ

Rental Yield in Oakwood Residency

  • 1-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%10%

Based on searches conducted by users on Bayut.com over the past 12 months

When it comes to getting possession of property temporarily, renting it is the best choice. Rental yield in Oakwood Residency showcase that the most profitable property to rent is the 1-bed apartment which has scored an ROI of 7.9%. 

Service Charges in Oakwood Residency

GENERAL FUND
PRICE PER SQ. FT. IN AED
GENERAL FUND
Services
PRICE PER SQ. FT. IN AED
1.86
GENERAL FUND
Maintenance
PRICE PER SQ. FT. IN AED
2.85
GENERAL FUND
Utilities Services
PRICE PER SQ. FT. IN AED
2.98
GENERAL FUND
Management Services
PRICE PER SQ. FT. IN AED
1.12
GENERAL FUND
Insurance
PRICE PER SQ. FT. IN AED
0.55
GENERAL FUND
Master Community
PRICE PER SQ. FT. IN AED
1.23
GENERAL FUND
Adjustment
PRICE PER SQ. FT. IN AED
-2.83
GENERAL FUND
Reserved Fund
PRICE PER SQ. FT. IN AED
1.15
GENERAL FUND
Total
PRICE PER SQ. FT. IN AED
8.91

These figures are based on the services charges for Oakwood Residency* as per the Dubai Land Department.

There are many different types of Dubai service charges, read up on the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

NEARBY AMENITIES

Transportation near Oakwood Residency

Public transportation near Oakwood Residency is easy to find as there is plenty of options closeby.

Bus Stations near Oakwood Residency

Bus station located close to Oakwood Residency
Bus station located close to Oakwood Residency

Bus stations near Oakwood Residency include:

  • Dubai Production City, Centrium Tower 1 (2 minutes away)
  • Publishing Pavilion Building 2 (2 minutes away)
  • Publishing Pavilion Building 1 (3 minutes away)

Other bus stops close to Oakwood Residency also include Dubai Production City A Street 1 station and Qasr Sabah 1 station.

Metro Stations near Oakwood Residency

Metro stations near Oakwood Residency include:

  • First Abu Dhabi Bank Metro Station (13 minutes away)
  • Mall of the Emirates Metro Station (13 minutes away)
  • DMCC Metro Station 1 (13 minutes away)

Other closeby metro stations consist of Ibn Battuta Metro Station and Sharaf DG Metro Station.

Tram Stations near Oakwood Residency

There is a wide range of tram stations near Oakwood Residency. They include:

  • Jumeirah Beach Residence Tram Station (15 minutes away)
  • Media City Tram Station (17 minutes away)
  • Palm Jumeirah Tram Station (18 minutes away)

Other nearby monorail stations include Al Sufouh Tram Station and Dubai Marina Mall Tram Station.

Restaurants near Oakwood Residency

Popular restaurants near Oakwood Residency include:

  • Puranmal (5 minutes away)
  • Pizza Hut (5 minutes away) 
  • Gazebo Restaurant (6 minutes away)

For residents who love to try Indian cuisine can try Puranmal which is located just 5 minutes away from Oakwood Residency. It offers a wide range of North Indian, Punjabi, South Indian food. Some of them include Bhaji, Thali, Chaat, Panipuri, Samosa, Vada, Dal Makhani. 

Supermarkets near Oakwood Residency

Swiss Mart Supermarket situated near Oakwood Residency
Swiss Mart Supermarket situated near Oakwood Residency

Supermarkets in the area include: 

  • Swiss Mart (2 minutes away)
  • Greens Mini Mart (4 minutes away)
  • Star Mart Supermarket (6 minutes away)

Swiss Martis a nearby supermarket that offers a wide range of items that consist of gourmet, fruits, vegetables and household items.

NEARBY BUILDINGS

  • Centrium Towers (1 minute away)
  • Centrium Tower 4 (2 minutes away)
  • Lakeside Tower D (7 minutes away)

There are plenty of buildings in this area that consist of commercial and residential buildings. Some of the neighbours include Lakeside Tower D, Centrium Towers and Centrium Tower 4.

Major Landmarks

Ain Dubai located near Oakwood Residency
Ain Dubai located near Oakwood Residency

There is are major landmarks near Oakwood Residency. Some of them include: 

One of the new attractions in Dubai to open in 2020, The Selfie Kingdom was created to provide Dubai residents with a memorable and unique experience. Founded by Rania Naffa, this selfie museum in Dubai features 15 pop-up rooms! Each room has a different theme with fun backdrops, quirky props and professional lighting – the recipe for the perfect selfie! So head down to the Selfie Kingdom Dubai and start clicking away.

And this isn’t just a one-time attraction. The theme of the rooms will be updated on a regular basis, so you’ll have a brand-new experience each time you visit!

THINGS TO CONSIDER

While Oakwood Residency offers a number of luxury amenities, residents can also take advantage of the conveniences present in the community. One thing to consider is that tram stations may be a bit far to reach on foot. However, residents can use multiple buses and metro trains to travel around.

Are you looking to buy or rent apartments in Oakwood Residency?

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