3-bed · 2,397 sqftOia Residence, Uptown Motorcity · 1st floor · completed 2018

108, Oia Residence

Sold prices and rental history: sold once, by the developer in August 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 2.08M5 August 2021
Current rentAED 115K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Oia Residence

What is 108 worth today?

Last sold for AED 2,079,422 in 2021

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1 Feb 2023RentedRenewal
AED 115,000/yr12 months · AED 48 per sqft
5 Aug 2021Sold by developerReady
AED 2,079,422AED 867 per sqft
15 Nov 2020RentedNew contract
AED 122,400/yr13 months · AED 51 per sqft
12 Jul 2019RentedNew contract
AED 140,000/yr13 months · AED 58 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2023.

Key facts

Type
3-bed apartment
Size
2,397 sqft
Floor
1st of 5
Parking
B-257, B-258
Developer
Union Properties
Completed
2018
Service charge
AED 35,400 /yr
Last sold
AED 2.08M · August 2021

About 108, Oia Residence

108 is a three-bedroom apartment of 2,397 sqft on the 1st floor of Oia Residence, a 5-storey tower in Uptown Motorcity completed in 2018 by Union Properties. The developer sold it on 5 August 2021 for AED 2,079,422, or AED 867 per sqft, in line with the AED 867 three-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 115,000 a year: a gross yield of 5.5% on the 2021 price, before the service charge of about AED 35,400 a year.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical three-bed in Oia Residence
1.5M2M2.5M2017202020232026Typical sale price by year: 2017 AED 2,175,303; 2021 AED 2,027,786; 2022 AED 1,625,000; 2023 AED 1,746,526; 2024 AED 2,450,000; 2025 AED 2,181,250; 2026 AED 2,205,459Sold by developer, August 2021: AED 2,079,422 (AED 867 per sqft)

108 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 108, each contractTypical three-bed in Oia Residence
100K125K150K20182020202220242026Typical rent by year: 2018 AED 135,000; 2019 AED 132,000; 2020 AED 123,301; 2021 AED 105,343; 2022 AED 116,800; 2023 AED 115,000; 2024 AED 140,300; 2025 AED 157,500New contract, July 2019: AED 140,000 a yearNew contract, November 2020: AED 122,400 a yearRenewal, February 2023: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Oia Residence, and where 108 sits

All 63 3-beds →

108 last sold in August 2021 at AED 867 per sqft, in line with what three-beds in Oia Residence were fetching at the time (AED 867). Over the last 12 months three-beds sold for AED 1,941,000 to 2,700,000, around AED 1,018 per sqft, and rent for AED 120,000 to 210,000 a year. 108's AED 115,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
18 Feb 20262,115,000
18 Feb 20262,472,000
12 Feb 20262,105,987
11 Feb 20262,450,000
8 3-bed sales in the last 12 months

Oia Residence

Building

269 apartments, 1-bed to 4-bed over 5 floors in Uptown Motorcity, completed in 2018 by Union Properties. 14 sold in the last 12 months.

Typical price per sqft
AED 1,050 Down 4.5%
Typical sale
AED 2.13M
Typical rent
AED 127K /yr
Typical yield
8.7%
Oia Residence, Uptown Motorcity: prices, sales and rents →

Other units on the 1st floor

All 269 units in Oia Residence
Value
1014-bedAED 2.63M · Aug 2021
1103-bedAED 2.5M · Aug 2024
1163-bedAED 1.73M · Jan 2023
1183-bedAED 2.83M · Mar 2025
1193-bedAED 2.28M · Nov 2024
1203-bedAED 1.83M · Dec 2022
1223-bedAED 2.33M · Apr 2025
1–7 of 19

108, Oia Residence in numbers

  • Sold once: by Union Properties on 5 August 2021 for AED 2,079,422, or AED 867 per sqft.
  • Rented since July 2019 on 3 Ejari contracts, from AED 140,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2021 price is 5.5%, before a service charge of about AED 35,400 a year (AED 14.76 per sqft).
  • Three-beds in Oia Residence sold for AED 1,941,000–2,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,050 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2023.

Questions about 108, Oia Residence

What did unit 108 last sell for?

AED 2,079,422 on 5 August 2021, sold by the developer: AED 867 per sqft for 2,397 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 115,000 a year on the contract renewed on 1 February 2023. The previous contract, from November 2020, was AED 122,400; the unit has been rented since July 2019.

How big is unit 108?

2,397 sqft (222.7 sqm): a three-bedroom apartment on the 1st floor of a 5-storey tower completed in 2018.

What is unit 108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Oia Residence sold for AED 1,941,000 to 2,700,000 in the last 12 months, around AED 1,018 per sqft.

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Mortgage on 108, Oia Residence

Starts from the last sale price (AED 2.08M, 5 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,079,422
Deposit, UAE resident (20%)
AED 415,884
Deposit, non-resident (40%)
AED 831,769
Monthly over 25 years at 3.7%
AED 8,508

Plus AED 92,346 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →