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3-bed · 2,397 sqftOia Residence, Uptown Motorcity · 1st floor · completed 2018

138, Oia Residence

Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 138 · DLD and Ejari recordsUpdated 24 November 2022
Last soldAED 1.7M24 November 2022
Current rentAED 135K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 138, Oia Residence

What is 138 worth today?

Last sold for AED 1,700,000 in 2022

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24 Nov 2022Sold by developerReady
AED 1,700,000AED 709 per sqft
1 Sep 2022RentedNew contract
AED 134,640/yr12 months · AED 56 per sqft
11 Oct 2018RentedNew contract
AED 140,000/yr13 months · AED 58 per sqft
11 Oct 2018RentedNew contract
AED 129,231/yr13 months · AED 54 per sqft

Source: Dubai Land Department. Updated 24 November 2022.

Key facts

Type
3-bed apartment
Size
2,397 sqft
Floor
1st of 5
Parking
B-74, B-75
Developer
Union Properties
Completed
2018
Service charge
AED 35,400 /yr
Last sold
AED 1.7M · November 2022
Building
Oia Residence

About 138, Oia Residence

138 is a three-bedroom apartment of 2,397 sqft on the 1st floor of Oia Residence, a 5-storey tower in Uptown Motorcity completed in 2018 by Union Properties. The developer sold it on 24 November 2022 for AED 1,700,000, or AED 709 per sqft, in line with the AED 729 three-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 September 2022, is AED 134,640 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 35,400 a year.

Sales and rents for 138 over time

Sales
Unit 138, 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, November 2022: AED 1,700,000 (AED 709 per sqft)

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

Rents
Unit 138, 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, October 2018: AED 140,000 a yearNew contract, October 2018: AED 129,231 a yearNew contract, September 2022: AED 134,640 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 138 sits

All 67 3-beds →

138 last sold in November 2022 at AED 709 per sqft, in line with what three-beds in Oia Residence were fetching at the time (AED 729). 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. 138's AED 134,640 is in the lower half 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

138, Oia Residence in numbers

  • Sold once: by Union Properties on 24 November 2022 for AED 1,700,000, or AED 709 per sqft.
  • Rented since October 2018 on 3 Ejari contracts, from AED 129,231 to AED 134,640 a year.
  • At AED 134,640 a year the gross yield on the 2022 price is 7.9%, before a service charge of about AED 35,400 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 24 November 2022.

Questions about 138, Oia Residence

What did unit 138 last sell for?

AED 1,700,000 on 24 November 2022, sold by the developer: AED 709 per sqft for 2,397 sqft. It is the only registered sale of the unit.

What is the rent for unit 138?

AED 134,640 a year on the contract signed on 1 September 2022. The previous contract, from October 2018, was AED 140,000; the unit has been rented since October 2018.

How big is unit 138?

2,397 sqft (222.7 sqm): a three-bedroom apartment on the 1st floor of a 5-storey tower completed in 2018.

What is unit 138 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 138, Oia Residence

Starts from the last sale price (AED 1.7M, 24 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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