Oakley Square Residential Community in Dubai
The Oakley Square residential community, which is currently under construction, is a five-storey residential building consisting of two corner blocks that form a courtyard. The upcoming community is designed in a modern minimalist style with large floor-to-ceiling windows, spacious balconies, and a cozy courtyard, boasting an abundance of ornamental plants.
The building will be situated in one of the most tranquil and green areas of Dubai, Jumeirah Village Circle (JVC).
The upcoming community’s residents will have access to numerous amenities within the development, including:
- an indoor fitness studio and outdoor sports ground;
- two stylishly designed lobbies with upholstery and tables where the community’s residents and guests can relax;
- bicycle parking;
- vehicle parking and charging stations;
- an outdoor children’s pool;
- adult swimming pools with waterfront sun loungers and changing stalls;
- working spaces;
- a cinema;
- a children’s playground on an outdoor terrace;
- a tennis court;
- a dedicated area for barbeque;
- a SPA;
- a dedicated area for games and hobbies.
Property in Oakley Square, Dubai, the UAE
The upcoming Oakley Square development in Dubai will feature 269 residential units with an area ranging from 47 square meters to 141 square meters. Buyers will be able to choose the best option among studios and 1- and 2-bedroom apartments.
The interiors of all apartments will be created using high-quality materials. Neutral interiors in light shades will allow future apartment owners to decorate the living space to their taste.
The apartments and studios feature spacious balconies from which you can enjoy views of the nearby park and surrounding area. Thanks to the sizable panoramic windows, daylight floods the apartment, making it bright and cosy.
Purchasing Real Estate in Oakley Square
Both UAE citizens and foreigners can buy real estate in Oakley Square in full private ownership since the JVC area is part of a freehold zone.
While the new residential community is under development, housing prices will be most affordable. For example, a small studio with an area of 47 square meters is currently priced at AED 635,828 ($173,100) and a spacious 75-square-meter one-bedroom apartment in Oakley Square can be purchased for AED 902,828 ($ 245,800).
Those who purchase an off-plan apartment in the Oakley Square residential community can enjoy the prices set by the developer and use the 70/30 payment plan, which involves the gradual introduction of 70% of the total amount during the construction phase and 30% after the development’s commissioning.
Foreign citizens who purchase apartments in the new residential community can expect to receive a 3-year resident visa with the possibility of multiple extensions. The document is issued upon the purchase of real estate in the amount of AED 750,000 ($204,000) or more.
