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1-bed · 924 sqftOia Residence, Uptown Motorcity · 2nd floor · completed 2018

209, Oia Residence

Sold prices and rental history: sold once, by the developer in December 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 824K21 December 2022
Current rentAED 80K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Oia Residence

What is 209 worth today?

Last sold for AED 824,000 in 2022

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1 Apr 2025RentedNew contract
AED 80,000/yr12 months · AED 87 per sqft
28 Nov 2023RentedNew contract
AED 80,552/yr12 months · AED 87 per sqft
26 Feb 2023RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft
21 Dec 2022Sold by developerReady
AED 824,000AED 891 per sqft
1 Nov 2018RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.

Key facts

Type
1-bed apartment
Size
924 sqft
Floor
2nd of 5
Parking
B-116
Developer
Union Properties
Completed
2018
Service charge
AED 13,600 /yr
Last sold
AED 824K · December 2022
Building
Oia Residence

About 209, Oia Residence

209 is a one-bedroom apartment of 924 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 21 December 2022 for AED 824,000, or AED 891 per sqft, 23% above the AED 724 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 April 2025, is AED 80,000 a year: a gross yield of 9.7% on the 2022 price, before the service charge of about AED 13,600 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical one-bed in Oia Residence
600K800K1M20172019202120232025Typical sale price by year: 2017 AED 1,038,129; 2018 AED 1,020,000; 2020 AED 860,510; 2021 AED 977,360; 2022 AED 650,000; 2023 AED 950,000; 2024 AED 875,000Sold by developer, December 2022: AED 824,000 (AED 891 per sqft)

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

Rents
Unit 209, each contractTypical one-bed in Oia Residence
60K80K2018202120242027Typical rent by year: 2018 AED 70,000; 2019 AED 69,000; 2020 AED 55,000; 2021 AED 55,000; 2022 AED 55,500; 2023 AED 65,000; 2024 AED 68,250; 2025 AED 82,500; 2026 AED 85,000New contract, November 2018: AED 75,000 a yearNew contract, February 2023: AED 75,000 a yearNew contract, November 2023: AED 80,552 a yearNew contract, April 2025: AED 80,000 a year

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

1-beds in Oia Residence, and where 209 sits

All 43 1-beds →

209 last sold in December 2022 at AED 891 per sqft, 23% above what one-beds in Oia Residence were fetching at the time (AED 724). Over the last 12 months one-beds sold for AED 1,120,000 to 1,205,000, around AED 1,373 per sqft, and rent for AED 76,000 to 165,000 a year. 209's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Feb 20261,205,000
18 Dec 2024818,330
26 Nov 20241,030,000
16 Sep 20241,100,000
2 1-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 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

209, Oia Residence in numbers

  • Sold once: by Union Properties on 21 December 2022 for AED 824,000, or AED 891 per sqft.
  • Rented since November 2018 on 4 Ejari contracts, from AED 75,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 9.7%, before a service charge of about AED 13,600 a year (AED 14.76 per sqft).
  • One-beds in Oia Residence sold for AED 1,120,000–1,205,000 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 April 2025.

Questions about 209, Oia Residence

What did unit 209 last sell for?

AED 824,000 on 21 December 2022, sold by the developer: AED 891 per sqft for 924 sqft. It is the only registered sale of the unit.

What is the rent for unit 209?

AED 80,000 a year on the contract signed on 1 April 2025. The previous contract, from November 2023, was AED 80,552; the unit has been rented since November 2018.

How big is unit 209?

924 sqft (85.8 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2018.

What is unit 209 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Oia Residence sold for AED 1,120,000 to 1,205,000 in the last 12 months, around AED 1,373 per sqft.

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Mortgage on 209, Oia Residence

Starts from the last sale price (AED 824K, 21 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 824,000
Deposit, UAE resident (20%)
AED 164,800
Deposit, non-resident (40%)
AED 329,600
Monthly over 25 years at 3.7%
AED 3,371

Plus AED 39,618 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →