1,685 sqftOia Residence, Uptown Motorcity · 2nd floor · completed 2018

224, Oia Residence

Sold prices and rental history: sold twice, last in October 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 224 · DLD and Ejari recordsUpdated 6 October 2025
Last soldAED 1.69M6 October 2025
Current rentAED 93K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 224, Oia Residence

What is 224 worth today?

Last sold for AED 1,685,000 in 2025

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6 Oct 2025SoldReady
AED 1,685,000AED 1,000 per sqft
1 Sep 2022RentedNew contract
AED 93,000/yr13 months · AED 55 per sqft
15 Jan 2022RentedRenewal
AED 100,000/yr6 months · AED 59 per sqft
5 Aug 2021Sold by developerReady
AED 1,461,569AED 867 per sqft
15 Dec 2020RentedRenewal
AED 105,300/yr13 months · AED 62 per sqft
15 Nov 2018RentedNew contract
AED 118,001/yr13 months · AED 70 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 October 2025.

Key facts

Type
Apartment
Size
1,685 sqft
Floor
2nd of 5
Parking
B-140
Developer
Union Properties
Completed
2018
Service charge
AED 24,900 /yr
Last sold
AED 1.69M · October 2025

About 224, Oia Residence

224 is an apartment of 1,685 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 6 October 2025 for AED 1,685,000, or AED 1,000 per sqft.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 September 2022, is AED 93,000 a year: a gross yield of 5.5% on the 2025 price, before the service charge of about AED 24,900 a year.

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

224, Oia Residence in numbers

  • Sold twice: first on 5 August 2021 for AED 1,461,569, last on 6 October 2025 for AED 1,685,000 (AED 1,000 per sqft).
  • Rented since November 2018 on 4 Ejari contracts, from AED 118,001 to AED 93,000 a year.
  • At AED 93,000 a year the gross yield on the 2025 price is 5.5%, before a service charge of about AED 24,900 a year (AED 14.76 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 6 October 2025.

Questions about 224, Oia Residence

What did unit 224 last sell for?

AED 1,685,000 on 6 October 2025: AED 1,000 per sqft for 1,685 sqft. The unit has 2 registered sales; the first was AED 1,461,569 in August 2021.

What is the rent for unit 224?

AED 93,000 a year on the contract signed on 1 September 2022. The previous contract, from January 2022, was AED 100,000; the unit has been rented since November 2018.

How big is unit 224?

1,685 sqft (156.5 sqm): an apartment on the 2nd floor of a 5-storey tower completed in 2018.

What is unit 224 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 224, Oia Residence

Starts from the last sale price (AED 1.69M, 6 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,685,000
Deposit, UAE resident (20%)
AED 337,000
Deposit, non-resident (40%)
AED 674,000
Monthly over 25 years at 3.7%
AED 6,894

Plus AED 75,780 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →