517, Oia Residence
Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 517, Oia Residence
What is 517 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 28 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 850 sqft
- Floor
- 5th of 5
- Parking
- B-338
- Developer
- Union Properties
- Completed
- 2018
- Service charge
- AED 12,500 /yr
- Last sold
- AED 875K · March 2024
- Building
- Oia Residence
About 517, Oia Residence
517 is a one-bedroom apartment of 850 sqft on the 5th floor of Oia Residence, a 5-storey tower in Uptown Motorcity completed in 2018 by Union Properties. It last sold on 28 March 2024 for AED 875,000, or AED 1,029 per sqft, in line with the AED 1,029 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 24 January 2024, is AED 65,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 12,500 a year.
Sales and rents for 517 over time
517 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 517 sits
All 43 1-beds →517 last sold in March 2024 at AED 1,029 per sqft, in line with what one-beds in Oia Residence were fetching at the time (AED 1,029). Over the last 12 months one-beds sold for AED 1,205,000, around AED 1,379 per sqft, and rent for AED 76,000 to 165,000 a year. 517's AED 65,000 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. 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%
Other units on the 5th floor
All 269 units in Oia Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,112 sqft | AED 1.83MAED 1,832,263 · Aug 2021August 2021 | 113,000 /yr | |
| 502 | 3-bed | 1,936 sqft | AED 2.45MAED 2,450,000 · Feb 2026February 2026 | 119,788 /yr | |
| 503 | 3-bed | 1,861 sqft | AED 2.45MAED 2,450,000 · Jul 2024July 2024 | 134,640 /yr | |
| 504 | 1,941 sqft | AED 1.94MAED 1,941,000 · Nov 2025November 2025 | 110,000 /yr | ||
| 505 | 2,122 sqft | AED 2.12MAED 2,121,000 · Oct 2025October 2025 | 115,000 /yr | ||
| 506 | 2-bed | 1,305 sqft | AED 1.34MAED 1,335,363 · Apr 2025April 2025 | 125,000 /yr | |
| 507 | 3-bed | 1,786 sqft | AED 1.52MAED 1,524,356 · Sep 2020September 2020 | ||
| 508 | 1-bed | 847 sqft | AED 1.02MAED 1,020,000 · Dec 2017December 2017 | 80,000 /yr | |
| 509 | 2-bed | 1,652 sqft | AED 1.25MAED 1,249,500 · Nov 2022November 2022 | 180,000 /yr | |
| 510 | 2-bed | 1,689 sqft | AED 1.31MAED 1,310,000 · Jul 2022July 2022 | 109,846 /yr | |
| 511 | 2-bed | 1,677 sqft | AED 1.28MAED 1,275,000 · Jul 2022July 2022 | ||
| 512 | 2-bed | 1,777 sqft | AED 1.25MAED 1,249,500 · Nov 2022November 2022 | 108,000 /yr | |
| 513 | 2-bed | 1,777 sqft | AED 1.85MAED 1,850,000 · Jul 2025July 2025 | 102,400 /yr | |
| 514 | 2-bed | 1,285 sqft | AED 1.19MAED 1,193,960 · Nov 2021November 2021 | 138,000 /yr | |
| 515 | 2-bed | 1,517 sqft | AED 1.31MAED 1,313,250 · Dec 2022December 2022 | 110,000 /yr | |
| 516 | 2-bed | 1,724 sqft | AED 1.28MAED 1,275,000 · Jul 2022July 2022 | 150,000 /yr | |
| 518 | 2-bed | 1,816 sqft | AED 1.85MAED 1,850,000 · Jul 2025July 2025 | 90,000 /yr | |
| 519 | 2-bed | 1,687 sqft | AED 2.15MAED 2,150,000 · Feb 2026February 2026 | ||
| 520 | 2-bed | 1,442 sqft | AED 1.59MAED 1,586,123 · Oct 2024October 2024 | 96,000 /yr | |
| 521 | 2-bed | 1,449 sqft | AED 1.85MAED 1,850,000 · Feb 2024February 2024 | 105,300 /yr | |
| 522 | 2-bed | 1,386 sqft | AED 1.08MAED 1,075,000 · Oct 2022October 2022 | 130,000 /yr | |
| 523 | 2-bed | 1,463 sqft | AED 1.85MAED 1,850,000 · Aug 2024August 2024 | ||
| 524 | 2-bed | 1,369 sqft | AED 1.05MAED 1,053,500 · Oct 2022October 2022 | 135,403 /yr | |
| 525 | 2-bed | 1,687 sqft | AED 1.46MAED 1,463,156 · Aug 2021August 2021 | 100,000 /yr | |
| 526 | 2-bed | 1,445 sqft | AED 1.23MAED 1,226,301 · Aug 2020August 2020 | ||
| 527 | 1,834 sqft | AED 1.74MAED 1,742,000 · Aug 2025August 2025 | 108,200 /yr | ||
| 528 | 1-bed | 870 sqft | AED 995KAED 995,125 · Dec 2017December 2017 | 85,000 /yr | |
| 529 | 2-bed | 1,517 sqft | AED 1.31MAED 1,313,250 · Dec 2022December 2022 | 105,000 /yr | |
| 530 | 2-bed | 1,674 sqft | AED 1.35MAED 1,350,000 · Nov 2022November 2022 | 107,100 /yr | |
| 531 | 2-bed | 1,286 sqft | AED 1.05MAED 1,050,000 · Oct 2022October 2022 | 125,000 /yr | |
| 532 | 3-bed | 2,112 sqft | AED 1.74MAED 1,743,052 · Apr 2023April 2023 | 144,600 /yr | |
| 533 | 3-bed | 1,936 sqft | AED 1.55MAED 1,550,000 · Aug 2022August 2022 | 96,857 /yr | |
| 534 | 3-bed | 1,861 sqft | AED 1.9MAED 1,900,000 · Jul 2025July 2025 | 122,400 /yr | |
| 535 | 1,941 sqft | AED 2.25MAED 2,250,000 · Aug 2025August 2025 | |||
| 536 | 3-bed | 2,123 sqft | AED 1.84MAED 1,835,000 · Nov 2021November 2021 | 200,000 /yr | |
| 537 | 2-bed | 1,306 sqft | AED 1.1MAED 1,100,000 · Sep 2022September 2022 | 105,000 /yr | |
| 538 | 1-bed | 924 sqft | AED 1.08MAED 1,076,502 · Dec 2017December 2017 | 90,000 /yr | |
| 539 | 850 sqft | AED 1.01MAED 1,010,000 · Oct 2025October 2025 | 90,000 /yr | ||
| 540 | 3-bed | 2,339 sqft | AED 2.11MAED 2,105,987 · Feb 2026February 2026 | 106,154 /yr | |
| 541 | 2-bed | 1,325 sqft | AED 1.09MAED 1,090,000 · Nov 2022November 2022 | ||
| 542 | 1,690 sqft | AED 2MAED 2,000,000 · Aug 2025August 2025 | 100,000 /yr | ||
| 543 | 1-bed | 862 sqft | AED 860KAED 860,000 · Mar 2020March 2020 | 70,000 /yr | |
| 544 | 2-bed | 1,777 sqft | AED 1.3MAED 1,300,000 · Aug 2022August 2022 | ||
| 545 | 2-bed | 1,776 sqft | AED 1.77MAED 1,770,000 · Aug 2024August 2024 | 89,057 /yr |
517, Oia Residence in numbers
- Sold twice: first on 26 December 2017 for AED 976,082, last on 28 March 2024 for AED 875,000 (AED 1,029 per sqft).
- Rented since December 2019 on 4 Ejari contracts. The rent fell from AED 65,000 to AED 55,000 in 2020 and recovered to AED 65,000 by January 2024.
- At AED 65,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 12,500 a year (AED 14.76 per sqft).
- One-beds in Oia Residence sold for AED 1,205,000–1,205,000 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 28 March 2024.
Questions about 517, Oia Residence
What did unit 517 last sell for?
AED 875,000 on 28 March 2024: AED 1,029 per sqft for 850 sqft. The unit has 2 registered sales; the first was AED 976,082 in December 2017.
What is the rent for unit 517?
AED 65,000 a year on the contract renewed on 24 January 2024. The previous contract, from January 2023, was AED 65,000; the unit has been rented since December 2019.
How big is unit 517?
850 sqft (79.0 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2018.
What is unit 517 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 1,205,000 to 1,205,000 in the last 12 months, around AED 1,379 per sqft.
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Mortgage on 517, Oia Residence
Starts from the last sale price (AED 875K, 28 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 875,000
- Deposit, UAE resident (20%)
- AED 175,000
- Deposit, non-resident (40%)
- AED 350,000
- Monthly over 25 years at 3.7%
- AED 3,580
Plus AED 41,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →