1,417 sqftOia Residence, Uptown Motorcity · 2nd floor · completed 2018

240, Oia Residence

Sold prices and rental history: sold twice, last in October 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 240 · DLD and Ejari recordsUpdated 8 December 2025
Last soldAED 1.56M2 October 2025
Current rentAED 130K /yr8 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 240, Oia Residence

What is 240 worth today?

Last sold for AED 1,558,700 in 2025

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8 Dec 2025RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
2 Oct 2025SoldReady
AED 1,558,700AED 1,100 per sqft
1 Jun 2023RentedNew contract
AED 90,000/yr13 months · AED 64 per sqft
27 Jul 2022RentedRenewal
AED 93,700/yr13 months · AED 66 per sqft
5 Aug 2021Sold by developerReady
AED 1,229,070AED 867 per sqft
27 Jun 2020RentedRenewal
AED 105,000/yr12 months · AED 74 per sqft
27 May 2019RentedNew contract
AED 105,000/yr13 months · AED 74 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 December 2025.

Key facts

Type
Apartment
Size
1,417 sqft
Floor
2nd of 5
Parking
B-69
Developer
Union Properties
Completed
2018
Service charge
AED 20,900 /yr
Last sold
AED 1.56M · October 2025

About 240, Oia Residence

240 is an apartment of 1,417 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 2 October 2025 for AED 1,558,700, or AED 1,100 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 8 December 2025, is AED 130,000 a year: a gross yield of 8.3% on the 2025 price, before the service charge of about AED 20,900 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

240, Oia Residence in numbers

  • Sold twice: first on 5 August 2021 for AED 1,229,070, last on 2 October 2025 for AED 1,558,700 (AED 1,100 per sqft).
  • Rented since May 2019 on 5 Ejari contracts. The rent fell from AED 105,000 to AED 90,000 in 2023 and recovered to AED 130,000 by December 2025.
  • At AED 130,000 a year the gross yield on the 2025 price is 8.3%, before a service charge of about AED 20,900 a year (AED 14.76 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 8 December 2025.

Questions about 240, Oia Residence

What did unit 240 last sell for?

AED 1,558,700 on 2 October 2025: AED 1,100 per sqft for 1,417 sqft. The unit has 2 registered sales; the first was AED 1,229,070 in August 2021.

What is the rent for unit 240?

AED 130,000 a year on the contract signed on 8 December 2025. The previous contract, from June 2023, was AED 90,000; the unit has been rented since May 2019.

How big is unit 240?

1,417 sqft (131.6 sqm): an apartment on the 2nd floor of a 5-storey tower completed in 2018.

What is unit 240 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 240, Oia Residence

Starts from the last sale price (AED 1.56M, 2 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,558,700
Deposit, UAE resident (20%)
AED 311,740
Deposit, non-resident (40%)
AED 623,480
Monthly over 25 years at 3.7%
AED 6,377

Plus AED 70,475 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →