3-bed · 1,949 sqftOia Residence, Uptown Motorcity · 1st floor · completed 2018

146, Oia Residence

Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from November 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 146 · DLD and Ejari recordsUpdated 14 March 2023
Last soldAED 1.6M14 March 2023
Current rentAED 98K /yr4 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 146, Oia Residence

What is 146 worth today?

Last sold for AED 1,600,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Mar 2023Sold by developerReady
AED 1,600,000AED 820 per sqft
4 Nov 2021RentedNew contract
AED 97,543/yr14 months · AED 50 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 March 2023.

Key facts

Type
3-bed apartment
Size
1,949 sqft
Floor
1st of 5
Parking
B-19, B-20
Developer
Union Properties
Completed
2018
Service charge
AED 28,800 /yr
Last sold
AED 1.6M · March 2023

About 146, Oia Residence

146 is a three-bedroom apartment of 1,949 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 14 March 2023 for AED 1,600,000, or AED 820 per sqft, 11% above the AED 742 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 November 2021. The current contract, signed on 4 November 2021, is AED 97,543 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 28,800 a year.

Sales and rents for 146 over time

Sales
Unit 146, 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, March 2023: AED 1,600,000 (AED 820 per sqft)

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

Rents
Unit 146, each contractTypical three-bed in Oia Residence
100K150K20182020202220242026Typical 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, November 2021: AED 97,543 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 146 sits

All 63 3-beds →

146 last sold in March 2023 at AED 820 per sqft, 11% above 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. 146's AED 97,543 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. 15 sold in the last 12 months.

Typical price per sqft
AED 1,050 Down 4.5%
Typical sale
AED 2.12M
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
1083-bedAED 2.08M · 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
1–7 of 19

146, Oia Residence in numbers

  • Sold once: by Union Properties on 14 March 2023 for AED 1,600,000, or AED 820 per sqft.
  • Rented since November 2021 on one Ejari contract, at AED 97,543 a year.
  • At AED 97,543 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 28,800 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 14 March 2023.

Questions about 146, Oia Residence

What did unit 146 last sell for?

AED 1,600,000 on 14 March 2023, sold by the developer: AED 820 per sqft for 1,949 sqft. It is the only registered sale of the unit.

What is the rent for unit 146?

AED 97,543 a year on the contract signed on 4 November 2021.

How big is unit 146?

1,949 sqft (181.1 sqm): a three-bedroom apartment on the 1st floor of a 5-storey tower completed in 2018.

What is unit 146 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.

Selling 146? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 146, Oia Residence

Starts from the last sale price (AED 1.6M, 14 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

Plus AED 72,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →