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1-bed · 850 sqftOia Residence, Uptown Motorcity · 3rd floor · completed 2018

331, Oia Residence

Sold prices and rental history: sold twice, last in March 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 331 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 650K7 March 2022
Current rentAED 65K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 331, Oia Residence

What is 331 worth today?

Last sold for AED 650,000 in 2022

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15 Mar 2025RentedNew contract
AED 65,000/yr12 months · AED 76 per sqft
7 Mar 2022SoldReady
AED 650,000AED 764 per sqft
15 Mar 2020RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
25 Dec 2017Sold by developerOff-plan
AED 954,158AED 1,122 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 March 2025.

Key facts

Type
1-bed apartment
Size
850 sqft
Floor
3rd of 5
Parking
B-233
Developer
Union Properties
Completed
2018
Service charge
AED 12,500 /yr
Last sold
AED 650K · March 2022
Building
Oia Residence

About 331, Oia Residence

331 is a one-bedroom apartment of 850 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 7 March 2022 for AED 650,000, or AED 764 per sqft, 6% above the AED 724 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 15 March 2025, is AED 65,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 12,500 a year.

Sales and rents for 331 over time

Sales
Unit 331, 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 954,158 (AED 1,122 per sqft)Sold, March 2022: AED 650,000 (AED 764 per sqft)

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

Rents
Unit 331, 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, March 2020: AED 50,000 a yearNew contract, March 2025: AED 65,000 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 331 sits

All 43 1-beds →

331 last sold in March 2022 at AED 764 per sqft, 6% above what one-beds in Oia Residence were fetching at the time (AED 724). Over the last 12 months one-beds sold for AED 1,120,000 to 1,205,000, around AED 1,373 per sqft, and rent for AED 76,000 to 165,000 a year. 331's AED 65,000 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
2 1-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

331, Oia Residence in numbers

  • Sold twice: first on 25 December 2017 for AED 954,158, last on 7 March 2022 for AED 650,000 (AED 764 per sqft).
  • Rented since March 2020 on 2 Ejari contracts, from AED 50,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 10.0%, before a service charge of about AED 12,500 a year (AED 14.76 per sqft).
  • One-beds in Oia Residence sold for AED 1,120,000–1,205,000 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 15 March 2025.

Questions about 331, Oia Residence

What did unit 331 last sell for?

AED 650,000 on 7 March 2022: AED 764 per sqft for 850 sqft. The unit has 2 registered sales; the first was AED 954,158 in December 2017.

What is the rent for unit 331?

AED 65,000 a year on the contract signed on 15 March 2025. The previous contract, from March 2020, was AED 50,000.

How big is unit 331?

850 sqft (79.0 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2018.

What is unit 331 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 1,120,000 to 1,205,000 in the last 12 months, around AED 1,373 per sqft.

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Mortgage on 331, Oia Residence

Starts from the last sale price (AED 650K, 7 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →