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2-bed · 1,486 sqftOia Residence, Uptown Motorcity · 3rd floor · completed 2018

321, Oia Residence

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

Unit 321 · DLD and Ejari recordsUpdated 10 May 2025
Last soldAED 1.23M7 November 2022
Current rentAED 90K /yr10 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 321, Oia Residence

What is 321 worth today?

Last sold for AED 1,225,000 in 2022

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10 May 2025RentedRenewal
AED 90,000/yr9 months · AED 61 per sqft
7 Nov 2022Sold by developerReady
AED 1,225,000AED 824 per sqft
10 Mar 2022RentedNew contract
AED 85,543/yr14 months · AED 58 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 May 2025.

Key facts

Type
2-bed apartment
Size
1,486 sqft
Floor
3rd of 5
Parking
B-274
Developer
Union Properties
Completed
2018
Service charge
AED 21,900 /yr
Last sold
AED 1.23M · November 2022
Building
Oia Residence

About 321, Oia Residence

321 is a two-bedroom apartment of 1,486 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 7 November 2022 for AED 1,225,000, or AED 824 per sqft, 6% above the AED 779 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 10 May 2025, is AED 90,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 21,900 a year.

Sales and rents for 321 over time

Sales
Unit 321, 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, November 2022: AED 1,225,000 (AED 824 per sqft)

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

Rents
Unit 321, each contractTypical two-bed in Oia Residence
80K100K120K20182020202220242026Typical 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, March 2022: AED 85,543 a yearRenewal, May 2025: AED 90,000 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 321 sits

All 125 2-beds →

321 last sold in November 2022 at AED 824 per sqft, 6% above what two-beds in Oia Residence were fetching at the time (AED 779). 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. 321's AED 90,000 is at the bottom 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

321, Oia Residence in numbers

  • Sold once: by Union Properties on 7 November 2022 for AED 1,225,000, or AED 824 per sqft.
  • Rented since March 2022 on 2 Ejari contracts, from AED 85,543 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 7.3%, before a service charge of about AED 21,900 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 10 May 2025.

Questions about 321, Oia Residence

What did unit 321 last sell for?

AED 1,225,000 on 7 November 2022, sold by the developer: AED 824 per sqft for 1,486 sqft. It is the only registered sale of the unit.

What is the rent for unit 321?

AED 90,000 a year on the contract renewed on 10 May 2025. The previous contract, from March 2022, was AED 85,543.

How big is unit 321?

1,486 sqft (138.1 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2018.

What is unit 321 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 321, Oia Residence

Starts from the last sale price (AED 1.23M, 7 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

Plus AED 56,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →