120, Oia Residence
Sold prices and rental history: sold once, by the developer in December 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 120, Oia Residence
What is 120 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 29 December 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,641 sqft
- Floor
- 1st of 5
- Parking
- B-266, B-267
- Developer
- Union Properties
- Completed
- 2018
- Service charge
- AED 39,000 /yr
- Last sold
- AED 1.83M · December 2022
- Building
- Oia Residence
About 120, Oia Residence
120 is a three-bedroom apartment of 2,641 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 29 December 2022 for AED 1,825,000, or AED 691 per sqft, 7% below the AED 742 three-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 22 June 2021, is AED 105,343 a year: a gross yield of 5.8% on the 2022 price, before the service charge of about AED 39,000 a year.
Sales and rents for 120 over time
120 has sold once; the dashed line is the three-bed median of each year in the building.
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 120 sits
All 63 3-beds →120 last sold in December 2022 at AED 691 per sqft, 7% below what three-beds in Oia Residence were fetching at the time (AED 742). 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. 120's AED 105,343 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 2,014 sqft | 2,115,000 | 1,050 | ||
| 18 Feb 202618 February 2026 | 2,388 sqft | 2,472,000 | 1,035 | ||
| 12 Feb 202612 February 2026 | 2,339 sqft | 2,105,987 | 900 | ||
| 11 Feb 202611 February 2026 | 1,936 sqft | 2,450,000 | 1,265 |
Oia Residence
Building269 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%
Other units on the 1st floor
All 269 units in Oia Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 4-bed | 3,034 sqft | AED 2.63MAED 2,632,007 · Aug 2021August 2021 | 126,000 /yr | |
| 108 | 3-bed | 2,397 sqft | AED 2.08MAED 2,079,422 · Aug 2021August 2021 | 115,000 /yr | |
| 110 | 3-bed | 2,247 sqft | AED 2.5MAED 2,500,000 · Aug 2024August 2024 | 104,229 /yr | |
| 116 | 3-bed | 2,423 sqft | AED 1.73MAED 1,730,000 · Jan 2023January 2023 | 134,640 /yr | |
| 118 | 3-bed | 2,571 sqft | AED 2.83MAED 2,828,177 · Mar 2025March 2025 | 150,000 /yr | |
| 119 | 3-bed | 2,070 sqft | AED 2.28MAED 2,276,648 · Nov 2024November 2024 | 50,000 /yr | |
| 122 | 3-bed | 2,403 sqft | AED 2.33MAED 2,327,500 · Apr 2025April 2025 | 96,000 /yr | |
| 123 | 3-bed | 2,136 sqft | AED 1.85MAED 1,852,718 · Aug 2021August 2021 | 113,000 /yr | |
| 124 | 2-bed | 1,778 sqft | AED 1.28MAED 1,275,000 · Jan 2023January 2023 | 117,810 /yr | |
| 125 | 3-bed | 2,138 sqft | AED 1.6MAED 1,600,256 · Jan 2021January 2021 | 136,999 /yr | |
| 126 | 2-bed | 1,693 sqft | AED 1.28MAED 1,281,000 · Nov 2022November 2022 | 86,000 /yr | |
| 129 | 3-bed | 2,014 sqft | AED 2.12MAED 2,115,000 · Feb 2026February 2026 | 70,000 /yr | |
| 131 | 4-bed | 3,031 sqft | AED 3.01MAED 3,010,000 · Jun 2024June 2024 | 131,500 /yr | |
| 138 | 3-bed | 2,397 sqft | AED 1.7MAED 1,700,000 · Nov 2022November 2022 | 134,640 /yr | |
| 140 | 3-bed | 2,251 sqft | AED 2.35MAED 2,350,000 · May 2024May 2024 | 104,229 /yr | |
| 145 | 3-bed | 2,279 sqft | AED 1.75MAED 1,750,000 · May 2023May 2023 | 185,000 /yr | |
| 146 | 3-bed | 1,949 sqft | AED 1.6MAED 1,600,000 · Mar 2023March 2023 | 97,543 /yr | |
| 147 | 2,546 sqft | AED 2.55MAED 2,550,000 · Nov 2025November 2025 | 120,000 /yr | ||
| 148 | 3-bed | 2,388 sqft | AED 2.47MAED 2,472,000 · Feb 2026February 2026 | 120,000 /yr |
120, Oia Residence in numbers
- Sold once: by Union Properties on 29 December 2022 for AED 1,825,000, or AED 691 per sqft.
- Rented since November 2018 on 3 Ejari contracts, from AED 131,077 to AED 105,343 a year.
- At AED 105,343 a year the gross yield on the 2022 price is 5.8%, before a service charge of about AED 39,000 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 29 December 2022.
Questions about 120, Oia Residence
What did unit 120 last sell for?
AED 1,825,000 on 29 December 2022, sold by the developer: AED 691 per sqft for 2,641 sqft. It is the only registered sale of the unit.
What is the rent for unit 120?
AED 105,343 a year on the contract signed on 22 June 2021. The previous contract, from December 2019, was AED 133,500; the unit has been rented since November 2018.
How big is unit 120?
2,641 sqft (245.4 sqm): a three-bedroom apartment on the 1st floor of a 5-storey tower completed in 2018.
What is unit 120 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 120, Oia Residence
Starts from the last sale price (AED 1.83M, 29 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,825,000
- Deposit, UAE resident (20%)
- AED 365,000
- Deposit, non-resident (40%)
- AED 730,000
- Monthly over 25 years at 3.7%
- AED 7,467
Plus AED 81,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →