3-bed · 2,070 sqftOia Residence, Uptown Motorcity · 1st floor · completed 2018

119, Oia Residence

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 119 · DLD and Ejari recordsUpdated 21 April 2025
Last soldAED 2.28M20 November 2024
Current rentAED 50K /yr21 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 119, Oia Residence

What is 119 worth today?

Last sold for AED 2,276,648 in 2024

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21 Apr 2025RentedRenewal
AED 50,000/yr24 months · AED 24 per sqft
21 Apr 2025RentedRenewal
AED 50,000/yr24 months · AED 24 per sqft
20 Nov 2024SoldReady
AED 2,276,648AED 1,099 per sqft
21 Apr 2024RentedRenewal
AED 100,000/yr12 months · AED 48 per sqft
21 Apr 2023RentedRenewal
AED 115,000/yr12 months · AED 56 per sqft
21 Apr 2022RentedRenewal
AED 115,000/yr12 months · AED 56 per sqft
5 Aug 2021Sold by developerReady
AED 1,795,378AED 867 per sqft
21 Apr 2021RentedRenewal
AED 125,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 21 April 2025.

Key facts

Type
3-bed apartment
Size
2,070 sqft
Floor
1st of 5
Parking
B-96, B-97
Developer
Union Properties
Completed
2018
Service charge
AED 30,500 /yr
Last sold
AED 2.28M · November 2024

About 119, Oia Residence

119 is a three-bedroom apartment of 2,070 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 20 November 2024 for AED 2,276,648, or AED 1,099 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 2019 on 8 Ejari contracts. The current contract, renewed on 21 April 2025, is AED 50,000 a year: a gross yield of 2.2% on the 2024 price, before the service charge of about AED 30,500 a year.

Sales and rents for 119 over time

Sales
Unit 119, each saleTypical three-bed in Oia Residence
1.5M2M2.5M2017202020232026Typical sale price by year: 2017 AED 2,175,303; 2021 AED 2,026,385; 2022 AED 1,625,000; 2023 AED 1,746,526; 2024 AED 2,450,000; 2025 AED 2,185,500; 2026 AED 2,450,000Sold by developer, August 2021: AED 1,795,378 (AED 867 per sqft)Sold, November 2024: AED 2,276,648 (AED 1,099 per sqft)

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

Rents
Unit 119, each contractTypical three-bed in Oia Residence
100K200K2018202120242027Typical rent by year: 2018 AED 135,000; 2019 AED 133,000; 2020 AED 124,100; 2021 AED 105,749; 2022 AED 115,000; 2023 AED 115,000; 2024 AED 135,500; 2025 AED 155,000; 2026 AED 190,529New contract, March 2019: AED 133,000 a yearRenewal, April 2020: AED 125,000 a yearRenewal, April 2021: AED 125,000 a yearRenewal, April 2022: AED 115,000 a yearRenewal, April 2023: AED 115,000 a yearRenewal, April 2024: AED 100,000 a yearRenewal, April 2025: AED 50,000 a yearRenewal, April 2025: AED 50,000 a year

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 119 sits

All 67 3-beds →

119 last sold in November 2024 at AED 1,099 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. 119's AED 50,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20262,490,000
20 Oct 20262,740,000
16 Sep 20262,320,000
26 Aug 20262,700,000
22 3-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. 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%
Oia Residence, Uptown Motorcity: prices, sales and rents →

Other units on the 1st floor

All 269 units in Oia Residence
Value
1014-bedAED 2.45M · Apr 2026
1083-bedAED 2.74M · Oct 2026
1103-bedAED 2.5M · Aug 2024
1163-bedAED 1.73M · Jan 2023
1183-bedAED 2.83M · Mar 2025
1203-bedAED 1.83M · Dec 2022
1223-bedAED 2.33M · Apr 2025
1–7 of 19

119, Oia Residence in numbers

  • Sold twice: first on 5 August 2021 for AED 1,795,378, last on 20 November 2024 for AED 2,276,648 (AED 1,099 per sqft).
  • Rented since March 2019 on 8 Ejari contracts, from AED 133,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 2.2%, before a service charge of about AED 30,500 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 21 April 2025.

Questions about 119, Oia Residence

What did unit 119 last sell for?

AED 2,276,648 on 20 November 2024: AED 1,099 per sqft for 2,070 sqft. The unit has 2 registered sales; the first was AED 1,795,378 in August 2021.

What is the rent for unit 119?

AED 50,000 a year on the contract renewed on 21 April 2025. The previous contract, from April 2025, was AED 50,000; the unit has been rented since March 2019.

How big is unit 119?

2,070 sqft (192.3 sqm): a three-bedroom apartment on the 1st floor of a 5-storey tower completed in 2018.

What is unit 119 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 119, Oia Residence

Starts from the last sale price (AED 2.28M, 20 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,276,648
Deposit, UAE resident (20%)
AED 455,330
Deposit, non-resident (40%)
AED 910,659
Monthly over 25 years at 3.7%
AED 9,314

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →