4-bed · 3,031 sqftOia Residence, Uptown Motorcity · 1st floor · completed 2018

131, Oia Residence

Sold prices and rental history: sold twice, last in June 2024, and rented once, from August 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 131 · DLD and Ejari recordsUpdated 20 June 2024
Last soldAED 3.01M20 June 2024
Current rentAED 132K /yr20 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 131, Oia Residence

What is 131 worth today?

Last sold for AED 3,010,000 in 2024

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20 Jun 2024SoldReady
AED 3,010,000AED 992 per sqft
19 Dec 2022Sold by developerReady
AED 2,280,000AED 752 per sqft
20 Aug 2020RentedNew contract
AED 131,500/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 20 June 2024.

Key facts

Type
4-bed apartment
Size
3,031 sqft
Floor
1st of 5
Parking
B-76, B-77
Developer
Union Properties
Completed
2018
Service charge
AED 44,700 /yr
Last sold
AED 3.01M · June 2024

About 131, Oia Residence

131 is a four-bedroom apartment of 3,031 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 June 2024 for AED 3,010,000, or AED 992 per sqft, 5% below the AED 1,039 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 August 2020. The current contract, signed on 20 August 2020, is AED 131,500 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 44,700 a year.

Sales and rents for 131 over time

Sales
Unit 131, each saleTypical four-bed in Oia Residence
2M2.5M3M2021202320252027Typical sale price by year: 2021 AED 2,581,303; 2022 AED 2,028,750; 2023 AED 2,000,000; 2024 AED 2,662,500; 2025 AED 3,050,000; 2026 AED 2,898,994Sold by developer, December 2022: AED 2,280,000 (AED 752 per sqft)Sold, June 2024: AED 3,010,000 (AED 992 per sqft)

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

Rents
Unit 131, each contractTypical four-bed in Oia Residence
150K200K20192021202320252027Typical rent by year: 2019 AED 144,700; 2020 AED 131,800; 2021 AED 121,551; 2022 AED 131,800; 2023 AED 129,100; 2024 AED 205,000; 2025 AED 215,250; 2026 AED 220,000New contract, August 2020: AED 131,500 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Oia Residence, and where 131 sits

All 20 4-beds →

131 last sold in June 2024 at AED 992 per sqft, 5% below what four-beds in Oia Residence were fetching at the time (AED 1,039). Over the last 12 months four-beds sold for AED 1,001,466 to 3,163,712, around AED 980 per sqft, and rent for AED 204,000 to 225,000 a year. 131's AED 131,500 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
22 Jul 20262,900,000
9 Jun 20262,900,000
14 May 20262,739,753
27 Apr 20261,001,466
10 4-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

131, Oia Residence in numbers

  • Sold twice: first on 19 December 2022 for AED 2,280,000, last on 20 June 2024 for AED 3,010,000 (AED 992 per sqft).
  • Rented since August 2020 on one Ejari contract, at AED 131,500 a year.
  • At AED 131,500 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 44,700 a year (AED 14.76 per sqft).
  • Four-beds in Oia Residence sold for AED 1,001,466–3,163,712 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 20 June 2024.

Questions about 131, Oia Residence

What did unit 131 last sell for?

AED 3,010,000 on 20 June 2024: AED 992 per sqft for 3,031 sqft. The unit has 2 registered sales; the first was AED 2,280,000 in December 2022.

What is the rent for unit 131?

AED 131,500 a year on the contract signed on 20 August 2020.

How big is unit 131?

3,031 sqft (281.6 sqm): a four-bedroom apartment on the 1st floor of a 5-storey tower completed in 2018.

What is unit 131 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Oia Residence sold for AED 1,001,466 to 3,163,712 in the last 12 months, around AED 980 per sqft.

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Mortgage on 131, Oia Residence

Starts from the last sale price (AED 3.01M, 20 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,010,000
Deposit, UAE resident (20%)
AED 602,000
Deposit, non-resident (40%)
AED 1,204,000
Monthly over 25 years at 3.7%
AED 12,315

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