118, Oia Residence
Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 118, Oia Residence
What is 118 worth today?
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Source: Dubai Land Department. Updated 5 December 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,571 sqft
- Floor
- 1st of 5
- Parking
- B-94, B-95
- Developer
- Union Properties
- Completed
- 2018
- Service charge
- AED 37,900 /yr
- Last sold
- AED 2.83M · March 2025
- Building
- Oia Residence
About 118, Oia Residence
118 is a three-bedroom apartment of 2,571 sqft on the 1st floor of Oia Residence, a 5-storey tower in Uptown Motorcity completed in 2018 by Union Properties. It last sold on 14 March 2025 for AED 2,828,177, or AED 1,100 per sqft, in line with the AED 1,099 three-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 5 December 2025, is AED 150,000 a year: a gross yield of 5.3% on the 2025 price, before the service charge of about AED 37,900 a year.
Sales and rents for 118 over time
118 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Oia Residence, and where 118 sits
All 67 3-beds →118 last sold in March 2025 at AED 1,100 per sqft, in line with what three-beds in Oia Residence were fetching at the time (AED 1,099). Over the last 12 months three-beds sold for AED 1,941,000 to 3,200,000, around AED 1,045 per sqft, and rent for AED 100,000 to 215,000 a year. 118's AED 150,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 2,007 sqft | 2,490,000 | 1,240 | ||
| 20 Oct 202620 October 2026 | 2,397 sqft | 2,740,000 | 1,143 | ||
| 16 Sep 202616 September 2026 | 2,411 sqft | 2,320,000 | 962 | ||
| 26 Aug 202626 August 2026 | 2,216 sqft | 2,700,000 | 1,218 |
Oia Residence
Building269 apartments, 1-bed to 4-bed over 5 floors in Uptown Motorcity, completed in 2018 by Union Properties. 65 sold in the last 12 months.
- Typical price per sqft
- AED 1,050 Down 4.5%
- Typical sale
- AED 2.11M
- Typical rent
- AED 130K /yr
- Typical yield
- 8.5%
Other units on the 1st floor
All 269 units in Oia Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 4-bed | 3,034 sqft | AED 2.45MAED 2,446,064 · Apr 2026April 2026 | 126,000 /yr | |
| 108 | 3-bed | 2,397 sqft | AED 2.74MAED 2,740,000 · Oct 2026October 2026 | 115,000 /yr | |
| 110 | 3-bed | 2,247 sqft | AED 2.5MAED 2,500,000 · Aug 2024August 2024 | 104,229 /yr | |
| 116 | 3-bed | 2,423 sqft | AED 1.73MAED 1,730,000 · Jan 2023January 2023 | 134,640 /yr | |
| 119 | 3-bed | 2,070 sqft | AED 2.28MAED 2,276,648 · Nov 2024November 2024 | 50,000 /yr | |
| 120 | 3-bed | 2,641 sqft | AED 1.83MAED 1,825,000 · Dec 2022December 2022 | 105,343 /yr | |
| 122 | 3-bed | 2,403 sqft | AED 2.33MAED 2,327,500 · Apr 2025April 2025 | 96,000 /yr | |
| 123 | 3-bed | 2,136 sqft | AED 1.85MAED 1,852,718 · Aug 2021August 2021 | 113,000 /yr | |
| 124 | 2-bed | 1,778 sqft | AED 1.28MAED 1,275,000 · Jan 2023January 2023 | 117,810 /yr | |
| 125 | 3-bed | 2,138 sqft | AED 1.6MAED 1,600,256 · Jan 2021January 2021 | 200,000 /yr | |
| 126 | 2-bed | 1,693 sqft | AED 1.28MAED 1,281,000 · Nov 2022November 2022 | 86,000 /yr | |
| 129 | 3-bed | 2,014 sqft | AED 2.12MAED 2,115,000 · Feb 2026February 2026 | 70,000 /yr | |
| 131 | 4-bed | 3,031 sqft | AED 3.01MAED 3,010,000 · Jun 2024June 2024 | 131,500 /yr | |
| 138 | 3-bed | 2,397 sqft | AED 1.7MAED 1,700,000 · Nov 2022November 2022 | 134,640 /yr | |
| 140 | 3-bed | 2,251 sqft | AED 2.35MAED 2,350,000 · May 2024May 2024 | 104,229 /yr | |
| 145 | 3-bed | 2,279 sqft | AED 1.75MAED 1,750,000 · May 2023May 2023 | 185,000 /yr | |
| 146 | 3-bed | 1,949 sqft | AED 1.6MAED 1,600,000 · Mar 2023March 2023 | 195,000 /yr | |
| 147 | 3-bed | 2,546 sqft | AED 2.55MAED 2,550,000 · Nov 2025November 2025 | 120,000 /yr | |
| 148 | 3-bed | 2,388 sqft | AED 2.47MAED 2,472,000 · Feb 2026February 2026 | 215,000 /yr |
118, Oia Residence in numbers
- Sold twice: first on 5 August 2021 for AED 2,230,318, last on 14 March 2025 for AED 2,828,177 (AED 1,100 per sqft).
- Rented since October 2018 on 6 Ejari contracts. The rent fell from AED 131,077 to AED 106,154 in 2021 and recovered to AED 150,000 by December 2025.
- At AED 150,000 a year the gross yield on the 2025 price is 5.3%, before a service charge of about AED 37,900 a year (AED 14.76 per sqft).
- Three-beds in Oia Residence sold for AED 1,941,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,050 per sqft.
Source: Dubai Land Department. Updated 5 December 2025.
Questions about 118, Oia Residence
What did unit 118 last sell for?
AED 2,828,177 on 14 March 2025: AED 1,100 per sqft for 2,571 sqft. The unit has 2 registered sales; the first was AED 2,230,318 in August 2021.
What is the rent for unit 118?
AED 150,000 a year on the contract signed on 5 December 2025. The previous contract, from January 2023, was AED 115,000; the unit has been rented since October 2018.
How big is unit 118?
2,571 sqft (238.9 sqm): a three-bedroom apartment on the 1st floor of a 5-storey tower completed in 2018.
What is unit 118 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Oia Residence sold for AED 1,941,000 to 3,200,000 in the last 12 months, around AED 1,045 per sqft.
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Mortgage on 118, Oia Residence
Starts from the last sale price (AED 2.83M, 14 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,828,177
- Deposit, UAE resident (20%)
- AED 565,635
- Deposit, non-resident (40%)
- AED 1,131,271
- Monthly over 25 years at 3.7%
- AED 11,571
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →