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1-bed · 930 sqftOia Residence, Uptown Motorcity · 2nd floor · completed 2018

228, Oia Residence

Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 228 · DLD and Ejari recordsUpdated 5 February 2026
Last soldAED 1.06M4 January 2018
Current rentAED 85K /yr5 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 228, Oia Residence

What is 228 worth today?

Last sold for AED 1,058,391 in 2018

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5 Feb 2026RentedNew contract
AED 85,000/yr12 months · AED 92 per sqft
5 Feb 2026RentedNew contract
AED 85,000/yr12 months · AED 92 per sqft
5 Feb 2026RentedNew contract
AED 85,000/yr12 months · AED 92 per sqft
5 Feb 2026RentedNew contract
AED 85,000/yr12 months · AED 92 per sqft
17 Apr 2025RentedRenewal
AED 80,000/yr12 months · AED 86 per sqft
17 Apr 2025RentedRenewal
AED 80,000/yr12 months · AED 86 per sqft
17 Apr 2024RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft
1 Nov 2023RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 February 2026.

Key facts

Type
1-bed apartment
Size
930 sqft
Floor
2nd of 5
Parking
B-84
Developer
Union Properties
Completed
2018
Service charge
AED 13,700 /yr
Last sold
AED 1.06M · January 2018
Building
Oia Residence

About 228, Oia Residence

228 is a one-bedroom apartment of 930 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 4 January 2018 for AED 1,058,391, or AED 1,137 per sqft, in line with the AED 1,153 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 11 Ejari contracts. The current contract, signed on 5 February 2026, is AED 85,000 a year: a gross yield of 8.0% on the 2018 price, before the service charge of about AED 13,700 a year.

Sales and rents for 228 over time

Sales
Unit 228, 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, January 2018: AED 1,058,391 (AED 1,137 per sqft)

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

Rents
Unit 228, 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, October 2019: AED 70,000 a yearRenewal, October 2020: AED 55,000 a yearNew contract, October 2022: AED 65,000 a yearNew contract, November 2023: AED 80,000 a yearNew contract, April 2024: AED 80,000 a yearRenewal, April 2025: AED 80,000 a yearRenewal, April 2025: AED 80,000 a yearNew contract, February 2026: AED 85,000 a yearNew contract, February 2026: AED 85,000 a yearNew contract, February 2026: AED 85,000 a yearNew contract, February 2026: AED 85,000 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 228 sits

All 43 1-beds →

228 last sold in January 2018 at AED 1,137 per sqft, in line with what one-beds in Oia Residence were fetching at the time (AED 1,153). Over the last 12 months one-beds sold for AED 1,205,000, around AED 1,379 per sqft, and rent for AED 76,000 to 165,000 a year. 228's AED 85,000 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
1 1-bed sale 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. 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

228, Oia Residence in numbers

  • Sold once: by Union Properties on 4 January 2018 for AED 1,058,391, or AED 1,137 per sqft.
  • Rented since October 2019 on 11 Ejari contracts. The rent fell from AED 70,000 to AED 55,000 in 2020 and recovered to AED 85,000 by February 2026.
  • At AED 85,000 a year the gross yield on the 2018 price is 8.0%, before a service charge of about AED 13,700 a year (AED 14.76 per sqft).
  • One-beds in Oia Residence sold for AED 1,205,000–1,205,000 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 5 February 2026.

Questions about 228, Oia Residence

What did unit 228 last sell for?

AED 1,058,391 on 4 January 2018, sold by the developer: AED 1,137 per sqft for 930 sqft. It is the only registered sale of the unit.

What is the rent for unit 228?

AED 85,000 a year on the contract signed on 5 February 2026. The previous contract, from February 2026, was AED 85,000; the unit has been rented since October 2019.

How big is unit 228?

930 sqft (86.4 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2018.

What is unit 228 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 1,205,000 to 1,205,000 in the last 12 months, around AED 1,379 per sqft.

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Mortgage on 228, Oia Residence

Starts from the last sale price (AED 1.06M, 4 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,058,391
Deposit, UAE resident (20%)
AED 211,678
Deposit, non-resident (40%)
AED 423,356
Monthly over 25 years at 3.7%
AED 4,330

Plus AED 49,463 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →