Oakley Square Residences Property Development By Ellington

Last Updated on: 7th December 2024, 07:39 am

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Welcome to Oakley Square Residences, an exquisite new development by Ellington Properties nestled in the vibrant Jumeirah Village Circle (JVC), Dubai. This stunning five-storey residential building features a harmonious blend of elegant and contemporary living, making it an ideal destination for those seeking luxury residences in Oakley Square. With an impressive offering of 269 units, including studios, one-bedroom, and two-bedroom apartments, each intricately designed to enhance the lifestyle of its residents, Oakley Square is optimized for comfort and sophistication. The project is set to complete in the fourth quarter of 2023, signifying a new standard in Ellington Real Estate that is poised to redefine luxury living in this prime area of Dubai.

Key Takeaways

• Oakley Square Residences offers elegant apartments in Jumeirah Village Circle.
• 269 residential units are available, including studios and one- to two-bedroom options.
• The project is developed by the reputable Ellington Properties.
• Completion is scheduled for the fourth quarter of 2023.
• Residents can enjoy a blend of modern amenities in a family-friendly environment.
• The payment plan facilitates easy investment opportunities.

For more information, explore the details of this exciting project through this link.

Overview of Oakley Square Residences

Located in the thriving Jumeirah Village Circle, Oakley Square offers a vibrant community designed for modern living. This destination includes luxury features that ensure comfort and style, ideal for families and individuals alike. The residential complex showcases a four-story low-rise building complemented by resort-style amenities, creating an exceptional living experience.

Introducing Oakley Square

Oakley Square comprises 269 apartments with options for studios, 1-bedroom, and 2-bedroom units. Each apartment boasts spacious layouts and *high-end finishes*, providing residents with views of the surrounding greenery. Prices for studio apartments start at AED 636,000 (~$173,000), while 1-bedroom apartments begin at AED 903,000 (~$246,000), and 2-bedroom options are available from AED 1.3 million (~$354,000) in Dubai¹.Oakley Square Apartments offer a cool escape with a variety of amenities, including a swimming pool, fitness center, children’s play area, and landscaped gardens.

Ellington Properties: A Trusted Developer

Ellington Property Development is known for its dedication to quality craftsmanship and innovative designs. Established in Dubai, this developer has set high standards for property development in the region, and Oakley Square Residences maintains this reputation. The anticipated completion date for the project is set for the second quarter of 2024, marking a remarkable addition to the real estate landscape in JVC². The various payment plans available, including options as flexible as 50/50 payments and a 30% down payment on completion, further illustrate Ellington Properties’ commitment to making luxury living accessible to all buyers³.

Luxury Living at Oakley Square Residences

Experience unparalleled luxury at Oakley Square Residences, where modern design meets comfortable living in the vibrant community of Jumeirah Village Circle, Dubai. This remarkable development, brought to life by the reputable Ellington Real Estate, offers a thriving environment tailored for those seeking a refined lifestyle.

Types of Available Units

Oakley Square Residences features a range of luxury residences in Oakley Square, providing residents with diverse living options. The property comprises 269 residential units, including stylish studios and spacious one- and two-bedroom apartments, making it ideal for various lifestyle preferences. Unit sizes range as follows:

With this variety, residents can select an option that best aligns with their individual needs and desires for spacious living⁴⁵.

Exceptional Amenities and Features

Living at Oakley Square is enhanced by exceptional amenities designed to elevate the living experience. Residents can enjoy a luxurious infinity swimming pool, well-equipped gymnasium, children’s play areas, and beautifully landscaped parks. Additionally, the development boasts:

• Cinema room for ultimate entertainment
• Padel tennis court for fitness enthusiasts
• Outdoor BBQ and dining area for social gatherings
• 24/7 security with CCTV monitoring for peace of mind

Residents will appreciate the convenience of secure parking and the multiple accessibility features, ensuring a seamless blend of comfort and security⁵⁶. With the handover scheduled for Q4 2024, you can look forward to moving into your dream home in Oakley Square Dubai soon.

Payment Plans and Accessibility

For potential homeowners at Oakley Square Residences, the Flexible Payment Options provide an attractive and manageable pathway to ownership. Buyers can start securing their units with a starting price of AED 500,000 for studio apartments, while 1-bedroom and 2-bedroom options are available at AED 750,000 and AED 1,100,000, respectively¹⁷. The payment plan structure is designed to enhance accessibility, requiring only 20% at the point of booking, followed by a manageable progression of payments through construction, with a final 30% due upon completion⁸⁷.

Flexible Payment Options

Ellington Developer stands out with several innovative payment options. Potential buyers can choose from various plans including the straightforward 50/50 scheme, where 50% is paid during construction and the remaining 50% upon handover. This allows buyers to make substantial investments without immediate financial strain, aligning well with the project’s expected completion by Q2 2024⁸.

Investment Potential in Oakley Square

The Investment Potential in Oakley Square is exceptionally promising, especially considering its location within the rapidly growing Jumeirah Village Circle. The development boasts an estimated rental yield of 8-9%, making it a lucrative opportunity for investors⁸. The combination of high demand for quality apartments in the area, coupled with the comprehensive amenities such as swimming pools and fitness centers, positions Oakley Square as a valuable addition to any investment portfolio¹.

Conclusion

Oakley Square Residences offers an unmatched opportunity for luxury living under the reputable banner of Ellington Property Group. The development showcases modern 1, 2, and 3-bedroom apartments, each featuring up to 2 bathrooms, designed to ensure a comfortable lifestyle. With a pet-friendly community featuring amenities such as a pool, fitness center, and dog park, this residence caters to the needs of contemporary living while also maintaining a vibrant, family-friendly atmosphere⁹.

Moreover, Oakley Square promises excellent investment potential, with property prices reflecting the area’s desirability and growth prospects. The average price of condos in Oakley is approximately $565,313.85, creating opportunities for various buyers, from first-time homeowners to seasoned investors¹⁰. Short-term leases with a minimum stay requirement add flexibility, making it an appealing option for those looking to embrace the dynamic lifestyle of the city.

In summary, choosing Oakley Square Residences as your new home or investment can lead to a rewarding experience in one of Dubai’s thriving neighborhoods. With its focus on luxury, comfort, and community, this development stands as a true testament to Ellington Property Group’s dedication to quality and excellence in real estate.

Source Links

1. https://keltandcorealty.com/property/oakley-square-residences/
2. https://uaeassets.com/project/oakley-square-residences/
3. https://www.bayut.com/for-sale/apartments/dubai/jumeirah-village-circle-jvc/jvc-district-11/oakley-square-residence/
4. https://www.propertyfinder.ae/en/buy/dubai/apartments-for-sale-jumeirah-village-circle-oakley-square-residences.html
5. https://dxboffplan.com/properties/oakley-square-residences-jvc-dubai/
6. https://www.nextlevelrealestate.ae/oakley-square-residences/
7. https://homes4life.ae/projects/oakley-square-residences/
8. https://ioffplandubai.com/dubai-property/oakley-square-residences/
9. https://www.nationalcorporatehousing.com/cincinnati/heritage-oakley-square
10. https://www.cincinkyrealestate.com/oakley/condos-for-sale/