2-bed · 1,689 sqftOia Residence, Uptown Motorcity · 3rd floor · completed 2018

314, Oia Residence

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

Unit 314 · DLD and Ejari recordsUpdated 4 April 2025
Last soldAED 1.47M31 May 2022
Current rentAED 155K /yr4 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, Oia Residence

What is 314 worth today?

Last sold for AED 1,474,916 in 2022

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4 Apr 2025RentedNew contract
AED 155,000/yr12 months · AED 92 per sqft
25 Mar 2024RentedNew contract
AED 150,000/yr12 months · AED 89 per sqft
31 May 2022Sold by developerReady
AED 1,474,916AED 873 per sqft
24 Oct 2018RentedNew contract
AED 118,001/yr13 months · AED 70 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 April 2025.

Key facts

Type
2-bed apartment
Size
1,689 sqft
Floor
3rd of 5
Parking
B-349 , B-306 B-306
Developer
Union Properties
Completed
2018
Service charge
AED 24,900 /yr
Last sold
AED 1.47M · May 2022

About 314, Oia Residence

314 is a two-bedroom apartment of 1,689 sqft on the 3rd floor of Oia Residence, a 5-storey tower in Uptown Motorcity completed in 2018 by Union Properties. The developer sold it on 31 May 2022 for AED 1,474,916, or AED 873 per sqft, in line with the AED 867 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 4 April 2025, is AED 155,000 a year: a gross yield of 10.5% on the 2022 price, before the service charge of about AED 24,900 a year.

Sales and rents for 314 over time

Sales
Unit 314, each saleTypical two-bed in Oia Residence
1.5M2017202020232026Typical sale price by year: 2017 AED 1,685,316; 2020 AED 1,326,474; 2021 AED 1,463,156; 2022 AED 1,275,000; 2023 AED 1,287,000; 2024 AED 1,800,000; 2025 AED 1,865,000Sold by developer, May 2022: AED 1,474,916 (AED 873 per sqft)

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

Rents
Unit 314, each contractTypical two-bed in Oia Residence
100K150K20182020202220242026Typical rent by year: 2018 AED 117,000; 2019 AED 115,000; 2020 AED 107,100; 2021 AED 92,308; 2022 AED 95,000; 2023 AED 105,000; 2024 AED 119,358; 2025 AED 127,500New contract, October 2018: AED 118,001 a yearNew contract, March 2024: AED 150,000 a yearNew contract, April 2025: AED 155,000 a year

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

2-beds in Oia Residence, and where 314 sits

All 125 2-beds →

314 last sold in May 2022 at AED 873 per sqft, in line with what two-beds in Oia Residence were fetching at the time (AED 867). Over the last 12 months two-beds sold for AED 1,488,000 to 2,150,000, around AED 1,234 per sqft, and rent for AED 124,574 to 130,000 a year. 314's AED 155,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Feb 20262,150,000
6 Feb 20261,488,000
9 Dec 20252,100,000
17 Jul 20251,850,000
4 2-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 3rd floor

All 269 units in Oia Residence
Value
3012-bedAED 1.65M · Aug 2021
3022-bedAED 1.1M · Nov 2022
3032-bedAED 1.5M · Sep 2024
3042-bedAED 1.24M · Aug 2021
3052-bedAED 1.51M · Nov 2021
3062-bedAED 587K · Nov 2020
3072-bedAED 1.3M · Jun 2023
1–7 of 53

314, Oia Residence in numbers

  • Sold once: by Union Properties on 31 May 2022 for AED 1,474,916, or AED 873 per sqft.
  • Rented since October 2018 on 3 Ejari contracts, from AED 118,001 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2022 price is 10.5%, before a service charge of about AED 24,900 a year (AED 14.76 per sqft).
  • Two-beds in Oia Residence sold for AED 1,488,000–2,150,000 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 4 April 2025.

Questions about 314, Oia Residence

What did unit 314 last sell for?

AED 1,474,916 on 31 May 2022, sold by the developer: AED 873 per sqft for 1,689 sqft. It is the only registered sale of the unit.

What is the rent for unit 314?

AED 155,000 a year on the contract signed on 4 April 2025. The previous contract, from March 2024, was AED 150,000; the unit has been rented since October 2018.

How big is unit 314?

1,689 sqft (156.9 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2018.

What is unit 314 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Oia Residence sold for AED 1,488,000 to 2,150,000 in the last 12 months, around AED 1,234 per sqft.

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Mortgage on 314, Oia Residence

Starts from the last sale price (AED 1.47M, 31 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,474,916
Deposit, UAE resident (20%)
AED 294,983
Deposit, non-resident (40%)
AED 589,966
Monthly over 25 years at 3.7%
AED 6,034

Plus AED 66,957 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →