Home
Dubai prices
About
Research
2-bed · 1,285 sqftOia Residence, Uptown Motorcity · 5th floor · completed 2018

514, Oia Residence

Sold prices and rental history: sold once, by the developer in November 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 1.19M24 November 2021
Current rentAED 138K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Oia Residence

What is 514 worth today?

Last sold for AED 1,193,960 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Aug 2025RentedRenewal
AED 138,000/yr12 months · AED 108 per sqft
24 Nov 2021Sold by developerReady
AED 1,193,960AED 928 per sqft
27 Nov 2020RentedRenewal
AED 119,396/yr12 months · AED 93 per sqft
27 Nov 2019RentedNew contract
AED 119,396/yr12 months · AED 93 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2025.

Key facts

Type
2-bed apartment
Size
1,285 sqft
Floor
5th of 5
Parking
B-360
Developer
Union Properties
Completed
2018
Service charge
AED 19,000 /yr
Last sold
AED 1.19M · November 2021
Building
Oia Residence

About 514, Oia Residence

514 is a two-bedroom apartment of 1,285 sqft on the 5th floor of Oia Residence, a 5-storey tower in Uptown Motorcity completed in 2018 by Union Properties. The developer sold it on 24 November 2021 for AED 1,193,960, or AED 928 per sqft, 7% above the AED 867 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 138,000 a year: a gross yield of 11.6% on the 2021 price, before the service charge of about AED 19,000 a year.

Sales and rents for 514 over time

Sales
Unit 514, 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 2021: AED 1,193,960 (AED 928 per sqft)

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

Rents
Unit 514, each contractTypical two-bed in Oia Residence
100K125K201820212024Typical 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, November 2019: AED 119,396 a yearRenewal, November 2020: AED 119,396 a yearRenewal, August 2025: AED 138,000 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 514 sits

All 125 2-beds →

514 last sold in November 2021 at AED 928 per sqft, 7% above what two-beds in Oia Residence were fetching at the time (AED 867). 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. 514's AED 138,000 is at the top 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. 14 sold in the last 12 months.

Typical price per sqft
AED 1,050 Down 4.5%
Typical sale
AED 2.13M
Typical rent
AED 127K /yr
Typical yield
8.7%
Oia Residence, Uptown Motorcity: prices, sales and rents →

Other units on the 5th floor

All 269 units in Oia Residence
Value
5013-bedAED 1.83M · Aug 2021
5023-bedAED 2.45M · Feb 2026
5033-bedAED 2.45M · Jul 2024
504AED 1.94M · Nov 2025
505AED 2.12M · Oct 2025
5062-bedAED 1.34M · Apr 2025
5073-bedAED 1.52M · Sep 2020
1–7 of 44

514, Oia Residence in numbers

  • Sold once: by Union Properties on 24 November 2021 for AED 1,193,960, or AED 928 per sqft.
  • Rented since November 2019 on 3 Ejari contracts, from AED 119,396 to AED 138,000 a year.
  • At AED 138,000 a year the gross yield on the 2021 price is 11.6%, before a service charge of about AED 19,000 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 1 August 2025.

Questions about 514, Oia Residence

What did unit 514 last sell for?

AED 1,193,960 on 24 November 2021, sold by the developer: AED 928 per sqft for 1,285 sqft. It is the only registered sale of the unit.

What is the rent for unit 514?

AED 138,000 a year on the contract renewed on 1 August 2025. The previous contract, from November 2020, was AED 119,396; the unit has been rented since November 2019.

How big is unit 514?

1,285 sqft (119.4 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2018.

What is unit 514 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.

Selling 514? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 514, Oia Residence

Starts from the last sale price (AED 1.19M, 24 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,193,960
Deposit, UAE resident (20%)
AED 238,792
Deposit, non-resident (40%)
AED 477,584
Monthly over 25 years at 3.7%
AED 4,885

Plus AED 55,156 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →