2-bed · 1,334 sqftOia Residence, Uptown Motorcity · 4th floor · completed 2018

433, Oia Residence

Sold prices and rental history: sold once, by the developer in October 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 433 · DLD and Ejari recordsUpdated 18 January 2024
Last soldAED 1.1M27 October 2022
Current rentAED 109K /yr18 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 433, Oia Residence

What is 433 worth today?

Last sold for AED 1,100,000 in 2022

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18 Jan 2024RentedNew contract
AED 109,412/yr12 months · AED 82 per sqft
18 Jan 2023RentedNew contract
AED 108,000/yr12 months · AED 81 per sqft
27 Oct 2022Sold by developerReady
AED 1,100,000AED 824 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 January 2024.

Key facts

Type
2-bed apartment
Size
1,334 sqft
Floor
4th of 5
Parking
B-216
Developer
Union Properties
Completed
2018
Service charge
AED 19,700 /yr
Last sold
AED 1.1M · October 2022

About 433, Oia Residence

433 is a two-bedroom apartment of 1,334 sqft on the 4th floor of Oia Residence, a 5-storey tower in Uptown Motorcity completed in 2018 by Union Properties. The developer sold it on 27 October 2022 for AED 1,100,000, or AED 824 per sqft, 6% above the AED 781 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 18 January 2024, is AED 109,412 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 19,700 a year.

Sales and rents for 433 over time

Sales
Unit 433, each saleTypical two-bed in Oia Residence
1M1.5M2M2017202020232026Typical 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, October 2022: AED 1,100,000 (AED 824 per sqft)

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

Rents
Unit 433, each contractTypical two-bed in Oia Residence
100K120K20182020202220242026Typical 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, January 2023: AED 108,000 a yearNew contract, January 2024: AED 109,412 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 433 sits

All 125 2-beds →

433 last sold in October 2022 at AED 824 per sqft, 6% above what two-beds in Oia Residence were fetching at the time (AED 781). 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. 433's AED 109,412 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 4th floor

All 269 units in Oia Residence
Value
4013-bedAED 825K · Oct 2022
4023-bedAED 1.6M · Dec 2022
4032-bedAED 1.62M · Jun 2020
4043-bedAED 1.52M · Mar 2022
4052-bedAED 1.25M · May 2022
4062-bedAED 1.13M · Sep 2021
4071-bedAED 1.03M · May 2017
1–7 of 47

433, Oia Residence in numbers

  • Sold once: by Union Properties on 27 October 2022 for AED 1,100,000, or AED 824 per sqft.
  • Rented since January 2023 on 2 Ejari contracts, from AED 108,000 to AED 109,412 a year.
  • At AED 109,412 a year the gross yield on the 2022 price is 10.0%, before a service charge of about AED 19,700 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 18 January 2024.

Questions about 433, Oia Residence

What did unit 433 last sell for?

AED 1,100,000 on 27 October 2022, sold by the developer: AED 824 per sqft for 1,334 sqft. It is the only registered sale of the unit.

What is the rent for unit 433?

AED 109,412 a year on the contract signed on 18 January 2024. The previous contract, from January 2023, was AED 108,000.

How big is unit 433?

1,334 sqft (123.9 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2018.

What is unit 433 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 433, Oia Residence

Starts from the last sale price (AED 1.1M, 27 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →