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1,399 sqftOia Residence, Uptown Motorcity · 2nd floor · completed 2018

208, Oia Residence

Sold prices and rental history: sold once, by the developer in December 2020, and rented once, from October 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 28 December 2020
Last soldAED 1.16M28 December 2020
Current rentAED 100K /yr2 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Oia Residence

What is 208 worth today?

Last sold for AED 1,162,325 in 2020

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28 Dec 2020Sold by developerReady
AED 1,162,325AED 831 per sqft
2 Oct 2019RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 December 2020.

Key facts

Type
Apartment
Size
1,399 sqft
Floor
2nd of 5
Parking
B-115
Developer
Union Properties
Completed
2018
Service charge
AED 20,600 /yr
Last sold
AED 1.16M · December 2020
Building
Oia Residence

About 208, Oia Residence

208 is an apartment of 1,399 sqft on the 2nd floor of Oia Residence, a 5-storey tower in Uptown Motorcity completed in 2018 by Union Properties. The developer sold it on 28 December 2020 for AED 1,162,325, or AED 831 per sqft.

One Ejari contract is registered, from 2 October 2019. The current contract, signed on 2 October 2019, is AED 100,000 a year: a gross yield of 8.6% on the 2020 price, before the service charge of about AED 20,600 a year.

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 2nd floor

All 269 units in Oia Residence
Value
2012-bedAED 1.68M · Oct 2022
2022-bedAED 1.49M · Feb 2026
2032-bedAED 1.88M · Apr 2025
2042-bedAED 1.3M · Sep 2024
2052-bedAED 1.56M · Aug 2021
2062-bedAED 1.12M · Oct 2022
2072-bedAED 1.2M · Feb 2023
1–7 of 53

208, Oia Residence in numbers

  • Sold once: by Union Properties on 28 December 2020 for AED 1,162,325, or AED 831 per sqft.
  • Rented since October 2019 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2020 price is 8.6%, before a service charge of about AED 20,600 a year (AED 14.76 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 28 December 2020.

Questions about 208, Oia Residence

What did unit 208 last sell for?

AED 1,162,325 on 28 December 2020, sold by the developer: AED 831 per sqft for 1,399 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 100,000 a year on the contract signed on 2 October 2019.

How big is unit 208?

1,399 sqft (130.0 sqm): an apartment on the 2nd floor of a 5-storey tower completed in 2018.

What is unit 208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 208, Oia Residence

Starts from the last sale price (AED 1.16M, 28 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,162,325
Deposit, UAE resident (20%)
AED 232,465
Deposit, non-resident (40%)
AED 464,930
Monthly over 25 years at 3.7%
AED 4,755

Plus AED 53,828 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →