1-bed · 864 sqftOia Residence, Uptown Motorcity · 3rd floor · completed 2018

315, Oia Residence

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 860K26 June 2024
Current rentAED 66K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Oia Residence

What is 315 worth today?

Last sold for AED 860,000 in 2024

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1 Aug 2025RentedRenewal
AED 66,000/yr12 months · AED 77 per sqft
1 Aug 2024RentedNew contract
AED 66,000/yr12 months · AED 77 per sqft
26 Jun 2024SoldReady
AED 860,000AED 995 per sqft
1 Aug 2023RentedRenewal
AED 60,000/yr12 months · AED 70 per sqft
20 Jun 2020RentedNew contract
AED 51,000/yr12 months · AED 59 per sqft
5 Jun 2019RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft
25 Dec 2017Sold by developerOff-plan
AED 1,020,000AED 1,180 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2025.

Key facts

Type
1-bed apartment
Size
864 sqft
Floor
3rd of 5
Parking
B-348
Developer
Union Properties
Completed
2018
Service charge
AED 12,700 /yr
Last sold
AED 860K · June 2024

About 315, Oia Residence

315 is a one-bedroom apartment of 864 sqft on the 3rd floor of Oia Residence, a 5-storey tower in Uptown Motorcity completed in 2018 by Union Properties. It last sold on 26 June 2024 for AED 860,000, or AED 995 per sqft, in line with the AED 1,012 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 66,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 12,700 a year.

Sales and rents for 315 over time

Sales
Unit 315, 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, December 2017: AED 1,020,000 (AED 1,180 per sqft)Sold, June 2024: AED 860,000 (AED 995 per sqft)

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

Rents
Unit 315, 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, June 2019: AED 60,000 a yearNew contract, June 2020: AED 51,000 a yearRenewal, August 2023: AED 60,000 a yearNew contract, August 2024: AED 66,000 a yearRenewal, August 2025: AED 66,000 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 315 sits

All 43 1-beds →

315 last sold in June 2024 at AED 995 per sqft, in line with what one-beds in Oia Residence were fetching at the time (AED 1,012). 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. 315's AED 66,000 is at the bottom 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 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

315, Oia Residence in numbers

  • Sold twice: first on 25 December 2017 for AED 1,020,000, last on 26 June 2024 for AED 860,000 (AED 995 per sqft).
  • Rented since June 2019 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 51,000 in 2020 and recovered to AED 66,000 by August 2025.
  • At AED 66,000 a year the gross yield on the 2024 price is 7.7%, before a service charge of about AED 12,700 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 1 August 2025.

Questions about 315, Oia Residence

What did unit 315 last sell for?

AED 860,000 on 26 June 2024: AED 995 per sqft for 864 sqft. The unit has 2 registered sales; the first was AED 1,020,000 in December 2017.

What is the rent for unit 315?

AED 66,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 66,000; the unit has been rented since June 2019.

How big is unit 315?

864 sqft (80.3 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2018.

What is unit 315 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 315, Oia Residence

Starts from the last sale price (AED 860K, 26 June 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 →