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Ready
Q3 2012
348
Freehold
Affordable
TL;DR
Oakwood Residency is one of Deyaar Development's most enduring residential assets in Dubai Production City — a 19-storey tower completed in July 2012 that has served as a cornerstone of the district's residential offering for over a decade. In a market perpetually excited by new off-plan launches, Oakwood Residency represents something the Dubai property market can always use more of: a proven, fully operational, mature residential building with a verifiable track record of tenant demand, rental income, and capital stability.
Deyaar Development — a subsidiary of Dubai Islamic Bank and one of Dubai's most established residential developers — built Oakwood Residency to a specification that has aged well: generous apartment sizes, quality central A/C, a rooftop pool with panoramic city views, a full gymnasium, and steam and sauna facilities. These choices, made in 2008–2012, have ensured that the building remains competitive in a district that has seen significant new supply in the years since its completion.
With 348 units across studios, one-, two-, and three-bedroom apartments, plus select four-bedroom villa configurations and ground-floor retail spaces, Oakwood Residency accommodates a diverse resident profile — from single professionals on studio budgets to families requiring 3-bedroom accommodation — within a single, comprehensively serviced building.
Dubai Production City — originally known as the International Media Production Zone (IMPZ) — is a mixed-use free zone and residential district positioned along the Mohammad Bin Zayed Road corridor in southern Dubai. The district takes its name from its original designation as a hub for print, publishing, and media production industries; it has since evolved into a broader residential and commercial community serving professionals working across western Dubai's interconnected business zones.
Production City's defining residential characteristic is its quiet, almost village-like atmosphere — a contrast to the density and noise of nearby Dubai Marina, JBR, or Jumeirah Village Circle. Streets are wide, traffic is light by Dubai standards, and the community has developed a settled, locally rooted feel unusual in newer Dubai districts. For residents who want easy access to Dubai's western commercial corridor without the density and pace of Marina or JLT, Production City consistently delivers.
City Centre Me'aisem: The most important commercial feature of the district is City Centre Me'aisem — a major Majid Al Futtaim mall located within 2 minutes of Oakwood Residency. The mall provides:
The walkable proximity to a major mall with a full supermarket — rare in any Dubai residential development — is Oakwood Residency's single most commercially significant location attribute.
Key Distances (by car):
Road Access: Oakwood Residency's location provides direct access to two of Dubai's most important highway corridors:
This dual highway access gives Oakwood Residency residents commuting flexibility across the entire western Dubai belt without needing to traverse the city's congested central corridors.
Jumeirah Golf Estates: The 5-minute proximity to Jumeirah Golf Estates — home to two Greg Norman-designed 18-hole championship courses (Earth and Fire) and the host venue for the DP World Tour Championship — is a meaningful lifestyle attribute for golf-playing residents and adds to the address's premium character relative to surrounding areas.
Oakwood Residency rises 19 floors above the Production City streetscape — a height that provides upper-floor residents with elevated views across the community's low-rise fabric toward the fairways of Jumeirah Golf Estates and the western Dubai skyline.
Deyaar's architectural approach to Oakwood Residency reflects the practical luxury philosophy the developer has consistently applied across its portfolio: well-proportioned buildings with quality facade materials, functional common areas, and an emphasis on resident usability over architectural spectacle.
Building Features:
Unit Types and Sizes:
Interior Specification: Deyaar's construction quality at Oakwood Residency reflects the developer's established standards:
The Size Advantage: Oakwood Residency was designed and built at a time when the Dubai market expected — and developers delivered — more generous apartment proportions than have become standard in more recent developments. The result is that Oakwood Residency's unit sizes are consistently larger than comparable-bedroom apartments in newer Production City buildings. This size advantage is one of the primary drivers of the building's sustained tenant preference and above-average occupancy rates.
Aquatic:
Fitness and Wellness:
Practical Essentials:
The Production City Investment Case: Dubai Production City has established itself over more than a decade as one of Dubai's highest-yielding residential rental markets. The combination of affordability, proximity to City Centre Me'aisem, and easy highway access to western Dubai's employment hubs (Dubai Media City, Internet City, Jebel Ali Free Zone) sustains consistently high occupancy rates across the district's residential buildings.
Current Secondary Market Pricing:
Rental Yield Performance: Oakwood Residency has historically delivered gross rental yields above 7% for studio and 1-bedroom units — among the most competitive sustained yields in the western Dubai residential market:
Low Vacancy: Oakwood Residency's combination of generous apartment sizes, proximity to City Centre Me'aisem, and established building reputation maintains some of the lowest vacancy rates in Production City's residential stock. Tenant demand is driven by a consistent pool of media industry professionals, Jebel Ali Free Zone employees, Dubai Marina workers, and airport-based personnel who prioritise affordable, quality housing in western Dubai.
Immediate Mortgage Eligibility: As a completed building, Oakwood Residency units are immediately eligible for UAE bank mortgage financing — up to 80% LTV for UAE residents purchasing their first property, and 75% for non-residents. This substantially reduces the capital requirement at purchase compared to off-plan alternatives, enabling investors to deploy limited capital across multiple units or asset classes.
Zero Construction Risk: As a fully completed, 12-year-old operational building, Oakwood Residency carries no off-plan construction, delivery, or handover risk. Investors can inspect actual units, verify condition, and begin generating rental income from day one of ownership.
UAE Golden Visa: Properties at AED 2M and above — including select 3-bedroom and villa-format units — qualify for the UAE 10-Year Golden Visa.
Freehold Title: Oakwood Residency is offered under freehold title, granting international buyers full ownership rights with no restrictions on resale, rental, or transfer.
Oakwood Residency by Deyaar Development is the proven standard-bearer of Dubai Production City's residential market — a building where generous apartment sizes, a rooftop pool with panoramic views, and sustained rental yields above 7% combine with the peace of mind of a 13-year operational track record and zero construction risk.

Security
Central A/C
Shared Pool
Covered Parking
Valet Parking
Discover the exceptional location of Oakwood Residency in Mohammad Bin Zayed Road, offering unparalleled access to Dubai's finest destinations.
Get DirectionsOakwood Residency is located in Mohammad Bin Zayed Road. Visit Oakwood Residency location map.
Price start from 625,000.
Central A/C, Covered Parking, Security, Shared Pool, Valet Parking