Oakley Square Residences: An Ellington Apartment Play in JVC
Oakley Square Residences is a completed apartment development by Ellington, in District 11 of Jumeirah Village Circle. The project runs studios, one-bedroom, and two-bedroom apartments from AED 653,646 to just under AED 1.4 million. The expected completion date was December 2023, which frames the purchase context: buyers are entering a ready-property deal, not a construction timeline.
Jumeirah Village Circle: Practical Access from Across the City
JVC sits at the junction of Sheikh Mohammed Bin Zayed Road and Al Khail Road. From Oakley Square, Dubai Marina is roughly 20 minutes west, Downtown Dubai and Business Bay around 25 minutes northeast, and Expo City approximately 20 minutes south. The road position allows residents to reach most major employment areas without routing through a single corridor. That access is useful for households where two people commute to different parts of the city, or for tenants who move regularly between districts.
District 11 is an interior sub-zone within JVC rather than a perimeter position. The address sits within the community's residential core, away from heavier arterial flows. For an investor targeting rental income, the community setting combined with broad road access supports demand from a wide range of resident profiles.
AED 653,646 to AED 1,399,937: Three Entry Points, One Building
The price range maps to bedroom count with minimal overlap between tiers:
| Type | Starting Price | Size Range |
|---|---|---|
| Studio | AED 653,646 | 414 to 519 sq ft |
| 1-Bedroom | AED 1,003,428 | 661 to 1,004 sq ft |
| 2-Bedroom | AED 1,399,937 | 1,041 to 1,190 sq ft |
Studios start below AED 655K. The sizing is compact and the price is among the lower entry points in the building. This tier appeals primarily to investors seeking a rentable unit at the bottom of the JVC market.
The 1BR category is the dominant tier by unit count. More than ten layout types span 661 to 1,004 sq ft, giving buyers real choice on footprint and price per square foot within a single bedroom tier. A buyer who wants more space than a studio but cannot justify the 2BR price can find layouts here approaching 1,000 sq ft.
The 2BR units run from 1,041 to 1,190 sq ft and top out at AED 1,399,937. That is a moderate 2BR size. The buyer here is typically a small family or an end-user who wants the extra room and sees JVC's price-per-square-foot as a reasonable trade against a longer commute to the waterfront.
Amenities: Wellness and Family Coverage
| Fitness and Wellness | Pools | Outdoor and Social | Facilities |
|---|---|---|---|
| Gymnasium | Infinity Pool | Landscaped Parks | Leisure Lounge |
| Health Club | Shared Pool | Barbecue Area | CCTV Security |
| Well-being and Fitness | Children's Pool | Children's Play Area |
Eleven amenities at this price point covers the categories most tenants look for. The fitness offering is the more differentiated element: gymnasium, health club, and well-being and fitness as three separate entries suggests distinct zones for training, recovery, and group wellness rather than a single combined room.
The children's pool, children's play area, and landscaped parks indicate the project targets family tenants. For investors, a family-oriented amenity set broadens the potential tenant pool beyond singles and young couples. The infinity pool adds visual draw to the building.
Completion: Past the Scheduled Handover Date
Construction began in July 2021, with December 2023 as the target handover. The project is past that milestone, meaning buyers are entering a completed or near-completed property transaction rather than a speculative off-plan purchase with years of construction ahead.
Getting In for 20%
| Phase | Percentage |
|---|---|
| Down Payment | 20% |
| During Construction | 50% |
| On Handover | 30% |
The 20% down payment is at the standard market level for Dubai developments. The balance divides between the construction period (50%) and handover (30%), with no post-handover option.
The structure is conventional: three clean phases and no deferred tail. With the project past its original completion date, the construction-phase installments will have been called in full. For a buyer entering now, the primary financial commitment is the outstanding handover balance and any associated transfer costs at key collection.