2-bed · 1,776 sqftOia Residence, Uptown Motorcity · 5th floor · completed 2018

545, Oia Residence

Sold prices and rental history: sold twice, last in August 2024, and rented once, from July 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 545 · DLD and Ejari recordsUpdated 2 August 2024
Last soldAED 1.77M2 August 2024
Current rentAED 89K /yr25 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 545, Oia Residence

What is 545 worth today?

Last sold for AED 1,770,000 in 2024

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2 Aug 2024SoldReady
AED 1,770,000AED 996 per sqft
14 Dec 2022Sold by developerReady
AED 1,365,000AED 768 per sqft
25 Jul 2021RentedNew contract
AED 89,057/yr14 months · AED 50 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 August 2024.

Key facts

Type
2-bed apartment
Size
1,776 sqft
Floor
5th of 5
Parking
B-37
Developer
Union Properties
Completed
2018
Service charge
AED 26,200 /yr
Last sold
AED 1.77M · August 2024

About 545, Oia Residence

545 is a two-bedroom apartment of 1,776 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 2 August 2024 for AED 1,770,000, or AED 996 per sqft, in line with the AED 1,014 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 July 2021. The current contract, signed on 25 July 2021, is AED 89,057 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 26,200 a year.

Sales and rents for 545 over time

Sales
Unit 545, 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 1,365,000 (AED 768 per sqft)Sold, August 2024: AED 1,770,000 (AED 996 per sqft)

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

Rents
Unit 545, 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, July 2021: AED 89,057 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 545 sits

All 125 2-beds →

545 last sold in August 2024 at AED 996 per sqft, in line with what two-beds in Oia Residence were fetching at the time (AED 1,014). 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. 545's AED 89,057 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 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

545, Oia Residence in numbers

  • Sold twice: first on 14 December 2022 for AED 1,365,000, last on 2 August 2024 for AED 1,770,000 (AED 996 per sqft).
  • Rented since July 2021 on one Ejari contract, at AED 89,057 a year.
  • At AED 89,057 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 26,200 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 2 August 2024.

Questions about 545, Oia Residence

What did unit 545 last sell for?

AED 1,770,000 on 2 August 2024: AED 996 per sqft for 1,776 sqft. The unit has 2 registered sales; the first was AED 1,365,000 in December 2022.

What is the rent for unit 545?

AED 89,057 a year on the contract signed on 25 July 2021.

How big is unit 545?

1,776 sqft (165.0 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2018.

What is unit 545 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 545, Oia Residence

Starts from the last sale price (AED 1.77M, 2 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,770,000
Deposit, UAE resident (20%)
AED 354,000
Deposit, non-resident (40%)
AED 708,000
Monthly over 25 years at 3.7%
AED 7,242

Plus AED 79,350 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →