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1-bed · 850 sqftOia Residence, Uptown Motorcity · 4th floor · completed 2018

441, Oia Residence

Sold prices and rental history: sold once, by the developer in December 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 441 · DLD and Ejari recordsUpdated 16 December 2021
Last soldAED 1.03M25 December 2017
Current rentAED 56K /yr16 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 441, Oia Residence

What is 441 worth today?

Last sold for AED 1,033,502 in 2017

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16 Dec 2021RentedNew contract
AED 56,000/yr12 months · AED 66 per sqft
21 Oct 2021RentedNew contract
AED 56,156/yr12 months · AED 66 per sqft
25 Dec 2017Sold by developerOff-plan
AED 1,033,502AED 1,216 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 December 2021.

Key facts

Type
1-bed apartment
Size
850 sqft
Floor
4th of 5
Parking
B-53
Developer
Union Properties
Completed
2018
Service charge
AED 12,500 /yr
Last sold
AED 1.03M · December 2017
Building
Oia Residence

About 441, Oia Residence

441 is a one-bedroom apartment of 850 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 25 December 2017 for AED 1,033,502, or AED 1,216 per sqft, 5% above the AED 1,154 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 16 December 2021, is AED 56,000 a year: a gross yield of 5.4% on the 2017 price, before the service charge of about AED 12,500 a year.

Sales and rents for 441 over time

Sales
Unit 441, 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 1,033,502 (AED 1,216 per sqft)

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

Rents
Unit 441, 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, October 2021: AED 56,156 a yearNew contract, December 2021: AED 56,000 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 441 sits

All 43 1-beds →

441 last sold in December 2017 at AED 1,216 per sqft, 5% above what one-beds in Oia Residence were fetching at the time (AED 1,154). 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. 441's AED 56,000 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 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

441, Oia Residence in numbers

  • Sold once: by Union Properties on 25 December 2017 for AED 1,033,502, or AED 1,216 per sqft.
  • Rented since October 2021 on 2 Ejari contracts, from AED 56,156 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2017 price is 5.4%, 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 16 December 2021.

Questions about 441, Oia Residence

What did unit 441 last sell for?

AED 1,033,502 on 25 December 2017, sold by the developer: AED 1,216 per sqft for 850 sqft. It is the only registered sale of the unit.

What is the rent for unit 441?

AED 56,000 a year on the contract signed on 16 December 2021. The previous contract, from October 2021, was AED 56,156.

How big is unit 441?

850 sqft (79.0 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2018.

What is unit 441 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 441, Oia Residence

Starts from the last sale price (AED 1.03M, 25 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,033,502
Deposit, UAE resident (20%)
AED 206,700
Deposit, non-resident (40%)
AED 413,401
Monthly over 25 years at 3.7%
AED 4,228

Plus AED 48,417 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →