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1-bed · 928 sqftOia Residence, Uptown Motorcity · 2nd floor · completed 2018

215, Oia Residence

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 17 July 2025
Last soldAED 860K21 March 2024
Current rentAED 90K /yr17 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Oia Residence

What is 215 worth today?

Last sold for AED 860,000 in 2024

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17 Jul 2025RentedRenewal
AED 90,000/yr12 months · AED 97 per sqft
17 Jul 2024RentedNew contract
AED 90,000/yr12 months · AED 97 per sqft
21 Mar 2024SoldReady
AED 860,000AED 926 per sqft
1 Jun 2023SoldReady
AED 728,000AED 784 per sqft
1 Apr 2023RentedNew contract
AED 65,000/yr12 months · AED 70 per sqft
15 Apr 2020RentedNew contract
AED 55,000/yr12 months · AED 59 per sqft
24 Mar 2020Sold by developerReady
AED 860,510AED 927 per sqft
11 Dec 2018RentedNew contract
AED 72,500/yr12 months · AED 78 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 July 2025.

Key facts

Type
1-bed apartment
Size
928 sqft
Floor
2nd of 5
Parking
B-132
Developer
Union Properties
Completed
2018
Service charge
AED 13,700 /yr
Last sold
AED 860K · March 2024
Building
Oia Residence

About 215, Oia Residence

215 is a one-bedroom apartment of 928 sqft on the 2nd floor of Oia Residence, a 5-storey tower in Uptown Motorcity completed in 2018 by Union Properties. It last sold on 21 March 2024 for AED 860,000, or AED 926 per sqft, 8% below the AED 1,010 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 17 July 2025, is AED 90,000 a year: a gross yield of 10.5% on the 2024 price, before the service charge of about AED 13,700 a year.

Sales and rents for 215 over time

Sales
Unit 215, 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, March 2020: AED 860,510 (AED 927 per sqft)Sold, June 2023: AED 728,000 (AED 784 per sqft)Sold, March 2024: AED 860,000 (AED 926 per sqft)

215 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 215, 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, December 2018: AED 72,500 a yearNew contract, April 2020: AED 55,000 a yearNew contract, April 2023: AED 65,000 a yearNew contract, July 2024: AED 90,000 a yearRenewal, July 2025: AED 90,000 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 215 sits

All 43 1-beds →

215 last sold in March 2024 at AED 926 per sqft, 8% below what one-beds in Oia Residence were fetching at the time (AED 1,010). 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. 215's AED 90,000 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

215, Oia Residence in numbers

  • Sold 3 times: first on 24 March 2020 for AED 860,510, last on 21 March 2024 for AED 860,000 (AED 926 per sqft).
  • Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 72,500 to AED 55,000 in 2020 and recovered to AED 90,000 by July 2025.
  • At AED 90,000 a year the gross yield on the 2024 price is 10.5%, before a service charge of about AED 13,700 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 17 July 2025.

Questions about 215, Oia Residence

What did unit 215 last sell for?

AED 860,000 on 21 March 2024: AED 926 per sqft for 928 sqft. The unit has 3 registered sales; the first was AED 860,510 in March 2020.

What is the rent for unit 215?

AED 90,000 a year on the contract renewed on 17 July 2025. The previous contract, from July 2024, was AED 90,000; the unit has been rented since December 2018.

How big is unit 215?

928 sqft (86.2 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2018.

What is unit 215 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 215, Oia Residence

Starts from the last sale price (AED 860K, 21 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

Plus AED 41,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →