348, Oia Residence
Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 348, Oia Residence
What is 348 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 846 sqft
- Floor
- 3rd of 5
- Parking
- B-45
- Developer
- Union Properties
- Completed
- 2018
- Service charge
- AED 12,500 /yr
- Last sold
- AED 650K · March 2022
- Building
- Oia Residence
About 348, Oia Residence
348 is a one-bedroom apartment of 846 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 768 per sqft, 6% above the AED 724 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 64,275 a year: a gross yield of 9.9% on the 2022 price, before the service charge of about AED 12,500 a year.
Sales and rents for 348 over time
348 has sold twice; the dashed line is the one-bed median of each year in the building.
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 348 sits
All 43 1-beds →348 last sold in March 2022 at AED 768 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. 348's AED 64,275 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 873 sqft | 1,205,000 | 1,379 | ||
| 18 Dec 202418 December 2024 | 845 sqft | 818,330 | 968 | ||
| 26 Nov 202426 November 2024 | 1,070 sqft | 1,030,000 | 963 | ||
| 16 Sep 202416 September 2024 | 850 sqft | 1,100,000 | 1,294 |
Oia Residence
Building269 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%
Other units on the 3rd floor
All 269 units in Oia Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,906 sqft | AED 1.65MAED 1,653,643 · Aug 2021August 2021 | 98,000 /yr | |
| 302 | 2-bed | 1,400 sqft | AED 1.1MAED 1,100,000 · Nov 2022November 2022 | 110,000 /yr | |
| 303 | 2-bed | 1,404 sqft | AED 1.5MAED 1,500,000 · Sep 2024September 2024 | 129,820 /yr | |
| 304 | 2-bed | 1,430 sqft | AED 1.24MAED 1,240,842 · Aug 2021August 2021 | 94,000 /yr | |
| 305 | 2-bed | 1,680 sqft | AED 1.51MAED 1,505,553 · Nov 2021November 2021 | 105,593 /yr | |
| 306 | 2-bed | 1,413 sqft | AED 587KAED 586,720 · Nov 2020November 2020 | ||
| 307 | 2-bed | 1,399 sqft | AED 1.3MAED 1,299,000 · Jun 2023June 2023 | 88,200 /yr | |
| 308 | 2-bed | 1,416 sqft | AED 1.1MAED 1,100,000 · Nov 2022November 2022 | 120,000 /yr | |
| 309 | 1-bed | 924 sqft | AED 650KAED 650,000 · Mar 2022March 2022 | 68,250 /yr | |
| 310 | 851 sqft | AED 1MAED 1,000,000 · Aug 2025August 2025 | 80,000 /yr | ||
| 311 | 1-bed | 1,070 sqft | AED 1.03MAED 1,030,000 · Nov 2024November 2024 | 57,250 /yr | |
| 312 | 1-bed | 858 sqft | AED 1.06MAED 1,055,762 · May 2017May 2017 | 55,000 /yr | |
| 313 | 1-bed | 868 sqft | AED 950KAED 950,000 · Nov 2023November 2023 | 165,000 /yr | |
| 314 | 2-bed | 1,689 sqft | AED 1.47MAED 1,474,916 · May 2022May 2022 | 155,000 /yr | |
| 315 | 1-bed | 864 sqft | AED 860KAED 860,000 · Jun 2024June 2024 | 66,000 /yr | |
| 316 | 1-bed | 845 sqft | AED 818KAED 818,330 · Dec 2024December 2024 | ||
| 317 | 2-bed | 1,913 sqft | AED 1.66MAED 1,659,429 · Aug 2021August 2021 | 95,000 /yr | |
| 318 | 2-bed | 1,913 sqft | AED 1.58MAED 1,578,118 · Jan 2024January 2024 | 86,229 /yr | |
| 319 | 2-bed | 1,697 sqft | AED 1.47MAED 1,471,657 · Aug 2021August 2021 | 100,000 /yr | |
| 320 | 2-bed | 1,675 sqft | AED 1.45MAED 1,453,172 · Aug 2021August 2021 | 100,000 /yr | |
| 321 | 2-bed | 1,486 sqft | AED 1.23MAED 1,225,000 · Nov 2022November 2022 | 90,000 /yr | |
| 322 | 1-bed | 850 sqft | AED 1.08MAED 1,080,539 · Jan 2018January 2018 | 85,000 /yr | |
| 323 | 2-bed | 1,757 sqft | AED 1.36MAED 1,363,750 · Nov 2022November 2022 | 127,000 /yr | |
| 324 | 2-bed | 1,645 sqft | AED 1.77MAED 1,772,871 · Apr 2017April 2017 | 135,000 /yr | |
| 325 | 2-bed | 1,396 sqft | AED 1.2MAED 1,200,000 · May 2021May 2021 | 130,000 /yr | |
| 326 | 1-bed | 850 sqft | AED 1.1MAED 1,100,000 · Sep 2024September 2024 | 60,197 /yr | |
| 327 | 2-bed | 1,386 sqft | AED 1.6MAED 1,597,761 · Apr 2017April 2017 | 135,000 /yr | |
| 328 | 1-bed | 952 sqft | AED 1.15MAED 1,154,816 · May 2017May 2017 | 85,000 /yr | |
| 329 | 1-bed | 930 sqft | AED 650KAED 650,000 · Mar 2022March 2022 | 80,000 /yr | |
| 330 | 2-bed | 1,365 sqft | AED 1.5MAED 1,500,925 · May 2017May 2017 | 140,000 /yr | |
| 331 | 1-bed | 850 sqft | AED 650KAED 650,000 · Mar 2022March 2022 | 65,000 /yr | |
| 332 | 2-bed | 1,400 sqft | AED 1.3MAED 1,300,000 · May 2021May 2021 | 105,000 /yr | |
| 333 | 2-bed | 1,685 sqft | AED 1.82MAED 1,821,992 · Apr 2017April 2017 | 145,000 /yr | |
| 334 | 1,780 sqft | AED 2.25MAED 2,250,000 · Oct 2025October 2025 | 108,000 /yr | ||
| 335 | 1-bed | 847 sqft | AED 1.08MAED 1,077,571 · Apr 2017April 2017 | 80,000 /yr | |
| 336 | 2-bed | 1,486 sqft | AED 1.25MAED 1,250,000 · Oct 2022October 2022 | ||
| 337 | 2-bed | 1,675 sqft | AED 1.28MAED 1,275,000 · Jul 2022July 2022 | 155,000 /yr | |
| 338 | 2-bed | 1,696 sqft | AED 1.47MAED 1,471,093 · Aug 2021August 2021 | 100,000 /yr | |
| 339 | 2-bed | 1,830 sqft | AED 1.32MAED 1,320,000 · Dec 2022December 2022 | 120,000 /yr | |
| 340 | 2-bed | 1,400 sqft | AED 1.1MAED 1,100,000 · Nov 2022November 2022 | 120,000 /yr | |
| 341 | 2-bed | 1,407 sqft | AED 1.8MAED 1,800,000 · Oct 2024October 2024 | 133,300 /yr | |
| 342 | 2-bed | 1,430 sqft | AED 1.11MAED 1,108,800 · Dec 2022December 2022 | 103,070 /yr | |
| 343 | 2-bed | 1,681 sqft | AED 1.61MAED 1,608,840 · May 2020May 2020 | 80,000 /yr | |
| 344 | 2-bed | 1,413 sqft | AED 2.1MAED 2,100,000 · Dec 2025December 2025 | 100,000 /yr | |
| 345 | 2-bed | 1,403 sqft | AED 1.8MAED 1,800,000 · Apr 2025April 2025 | 95,000 /yr | |
| 346 | 2-bed | 1,416 sqft | AED 1.23MAED 1,228,229 · Aug 2021August 2021 | 95,000 /yr | |
| 347 | 1-bed | 924 sqft | AED 650KAED 650,000 · Mar 2022March 2022 | 85,000 /yr | |
| 349 | 2-bed | 1,700 sqft | AED 1.27MAED 1,274,000 · Nov 2022November 2022 | 138,000 /yr | |
| 350 | 2-bed | 1,474 sqft | AED 1.82MAED 1,820,000 · Dec 2024December 2024 | 110,250 /yr | |
| 351 | 2-bed | 1,691 sqft | AED 1.3MAED 1,300,000 · Dec 2022December 2022 | 140,000 /yr | |
| 352 | 2-bed | 1,408 sqft | AED 1.13MAED 1,125,000 · Aug 2022August 2022 | ||
| 353 | 2-bed | 1,904 sqft | AED 1.44MAED 1,442,000 · Dec 2022December 2022 | 110,000 /yr | |
| 354 | 2-bed | 1,904 sqft | AED 1.46MAED 1,461,537 · Oct 2020October 2020 |
348, Oia Residence in numbers
- Sold twice: first on 25 December 2017 for AED 968,915, last on 7 March 2022 for AED 650,000 (AED 768 per sqft).
- Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 68,000 to AED 53,000 in 2022 and recovered to AED 64,275 by July 2025.
- At AED 64,275 a year the gross yield on the 2022 price is 9.9%, 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 1 July 2025.
Questions about 348, Oia Residence
What did unit 348 last sell for?
AED 650,000 on 7 March 2022: AED 768 per sqft for 846 sqft. The unit has 2 registered sales; the first was AED 968,915 in December 2017.
What is the rent for unit 348?
AED 64,275 a year on the contract renewed on 1 July 2025. The previous contract, from July 2024, was AED 61,215; the unit has been rented since December 2018.
How big is unit 348?
846 sqft (78.6 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2018.
What is unit 348 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 348, 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 →