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2-bed · 1,517 sqftOia Residence, Uptown Motorcity · 5th floor · completed 2018

529, Oia Residence

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

Unit 529 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 1.31M22 December 2022
Current rentAED 105K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 529, Oia Residence

What is 529 worth today?

Last sold for AED 1,313,250 in 2022

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1 May 2025RentedNew contract
AED 105,000/yr12 months · AED 69 per sqft
1 May 2024RentedNew contract
AED 105,000/yr12 months · AED 69 per sqft
1 May 2023RentedNew contract
AED 99,800/yr12 months · AED 66 per sqft
22 Dec 2022Sold by developerReady
AED 1,313,250AED 865 per sqft
1 Mar 2022RentedNew contract
AED 85,543/yr14 months · AED 56 per sqft

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

Key facts

Type
2-bed apartment
Size
1,517 sqft
Floor
5th of 5
Parking
B-11
Developer
Union Properties
Completed
2018
Service charge
AED 22,400 /yr
Last sold
AED 1.31M · December 2022
Building
Oia Residence

About 529, Oia Residence

529 is a two-bedroom apartment of 1,517 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 22 December 2022 for AED 1,313,250, or AED 865 per sqft, 12% above the AED 775 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 May 2025, is AED 105,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 22,400 a year.

Sales and rents for 529 over time

Sales
Unit 529, 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, December 2022: AED 1,313,250 (AED 865 per sqft)

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

Rents
Unit 529, each contractTypical two-bed in Oia Residence
80K100K120K20182020202220242026Typical 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, March 2022: AED 85,543 a yearNew contract, May 2023: AED 99,800 a yearNew contract, May 2024: AED 105,000 a yearNew contract, May 2025: AED 105,000 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 529 sits

All 125 2-beds →

529 last sold in December 2022 at AED 865 per sqft, 12% above what two-beds in Oia Residence were fetching at the time (AED 775). 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. 529's AED 105,000 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. 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

529, Oia Residence in numbers

  • Sold once: by Union Properties on 22 December 2022 for AED 1,313,250, or AED 865 per sqft.
  • Rented since March 2022 on 4 Ejari contracts, from AED 85,543 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 8.0%, before a service charge of about AED 22,400 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 May 2025.

Questions about 529, Oia Residence

What did unit 529 last sell for?

AED 1,313,250 on 22 December 2022, sold by the developer: AED 865 per sqft for 1,517 sqft. It is the only registered sale of the unit.

What is the rent for unit 529?

AED 105,000 a year on the contract signed on 1 May 2025. The previous contract, from May 2024, was AED 105,000; the unit has been rented since March 2022.

How big is unit 529?

1,517 sqft (140.9 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2018.

What is unit 529 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 529, Oia Residence

Starts from the last sale price (AED 1.31M, 22 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,313,250
Deposit, UAE resident (20%)
AED 262,650
Deposit, non-resident (40%)
AED 525,300
Monthly over 25 years at 3.7%
AED 5,373

Plus AED 60,167 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →