3-bed · 2,403 sqftOia Residence, Uptown Motorcity · 1st floor · completed 2018

122, Oia Residence

Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 122 · DLD and Ejari recordsUpdated 10 September 2025
Last soldAED 2.33M3 April 2025
Current rentAED 96K /yr10 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 122, Oia Residence

What is 122 worth today?

Last sold for AED 2,327,500 in 2025

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10 Sep 2025RentedNew contract
AED 96,000/yr12 months · AED 40 per sqft
3 Apr 2025SoldReady
AED 2,327,500AED 968 per sqft
12 Dec 2022RentedRenewal
AED 113,000/yr13 months · AED 47 per sqft
12 Nov 2021RentedRenewal
AED 104,308/yr13 months · AED 43 per sqft
5 Aug 2021Sold by developerReady
AED 2,084,557AED 867 per sqft
12 Oct 2020RentedRenewal
AED 122,400/yr13 months · AED 51 per sqft
12 Oct 2019RentedRenewal
AED 131,600/yr12 months · AED 55 per sqft
12 Sep 2018RentedNew contract
AED 140,000/yr13 months · AED 58 per sqft

Source: Dubai Land Department. Updated 10 September 2025.

Key facts

Type
3-bed apartment
Size
2,403 sqft
Floor
1st of 5
Parking
B-241, B-240
Developer
Union Properties
Completed
2018
Service charge
AED 35,500 /yr
Last sold
AED 2.33M · April 2025

About 122, Oia Residence

122 is a three-bedroom apartment of 2,403 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 3 April 2025 for AED 2,327,500, or AED 968 per sqft, 12% below the AED 1,099 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 10 September 2025, is AED 96,000 a year: a gross yield of 4.1% on the 2025 price, before the service charge of about AED 35,500 a year.

Sales and rents for 122 over time

Sales
Unit 122, 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 2,084,557 (AED 867 per sqft)Sold, April 2025: AED 2,327,500 (AED 968 per sqft)

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

Rents
Unit 122, each contractTypical three-bed in Oia Residence
100K150K200K2018202120242027Typical 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, September 2018: AED 140,000 a yearNew contract, September 2018: AED 129,231 a yearRenewal, October 2019: AED 131,600 a yearRenewal, October 2020: AED 122,400 a yearRenewal, November 2021: AED 104,308 a yearRenewal, December 2022: AED 113,000 a yearNew contract, September 2025: AED 96,000 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 122 sits

All 67 3-beds →

122 last sold in April 2025 at AED 968 per sqft, 12% below 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. 122's AED 96,000 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
1193-bedAED 2.28M · Nov 2024
1203-bedAED 1.83M · Dec 2022
1–7 of 19

122, Oia Residence in numbers

  • Sold twice: first on 5 August 2021 for AED 2,084,557, last on 3 April 2025 for AED 2,327,500 (AED 968 per sqft).
  • Rented since September 2018 on 7 Ejari contracts, from AED 129,231 to AED 96,000 a year.
  • At AED 96,000 a year the gross yield on the 2025 price is 4.1%, before a service charge of about AED 35,500 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 10 September 2025.

Questions about 122, Oia Residence

What did unit 122 last sell for?

AED 2,327,500 on 3 April 2025: AED 968 per sqft for 2,403 sqft. The unit has 2 registered sales; the first was AED 2,084,557 in August 2021.

What is the rent for unit 122?

AED 96,000 a year on the contract signed on 10 September 2025. The previous contract, from December 2022, was AED 113,000; the unit has been rented since September 2018.

How big is unit 122?

2,403 sqft (223.2 sqm): a three-bedroom apartment on the 1st floor of a 5-storey tower completed in 2018.

What is unit 122 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 122, Oia Residence

Starts from the last sale price (AED 2.33M, 3 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,327,500
Deposit, UAE resident (20%)
AED 465,500
Deposit, non-resident (40%)
AED 931,000
Monthly over 25 years at 3.7%
AED 9,523

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