2-bed · 1,407 sqftOia Residence, Uptown Motorcity · 2nd floor · completed 2018

203, Oia Residence

Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 7 April 2025
Last soldAED 1.88M7 April 2025
Current rentAED 137K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Oia Residence

What is 203 worth today?

Last sold for AED 1,880,000 in 2025

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7 Apr 2025SoldReady
AED 1,880,000AED 1,336 per sqft
1 May 2024RentedNew contract
AED 137,000/yr12 months · AED 97 per sqft
15 Nov 2022RentedNew contract
AED 125,000/yr12 months · AED 89 per sqft
19 May 2021Sold by developerReady
AED 1,319,850AED 938 per sqft
10 Jan 2020RentedRenewal
AED 57,000/yr24 months · AED 41 per sqft
10 Jan 2019RentedNew contract
AED 114,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 7 April 2025.

Key facts

Type
2-bed apartment
Size
1,407 sqft
Floor
2nd of 5
Parking
B-137 , B-285
Developer
Union Properties
Completed
2018
Service charge
AED 20,800 /yr
Last sold
AED 1.88M · April 2025

About 203, Oia Residence

203 is a two-bedroom apartment of 1,407 sqft on the 2nd floor of Oia Residence, a 5-storey tower in Uptown Motorcity completed in 2018 by Union Properties. It last sold on 7 April 2025 for AED 1,880,000, or AED 1,336 per sqft, 22% above the AED 1,099 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 May 2024, is AED 137,000 a year: a gross yield of 7.3% on the 2025 price, before the service charge of about AED 20,800 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Oia Residence
1.5M2M2017202020232026Typical sale price by year: 2017 AED 1,685,316; 2020 AED 1,294,850; 2021 AED 1,464,514; 2022 AED 1,275,000; 2023 AED 1,299,000; 2024 AED 1,810,000; 2025 AED 1,850,000; 2026 AED 1,900,000Sold by developer, May 2021: AED 1,319,850 (AED 938 per sqft)Sold, April 2025: AED 1,880,000 (AED 1,336 per sqft)

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

Rents
Unit 203, each contractTypical two-bed in Oia Residence
50K100K150K2018202120242027Typical rent by year: 2018 AED 117,000; 2019 AED 115,000; 2020 AED 106,650; 2021 AED 92,308; 2022 AED 95,000; 2023 AED 105,000; 2024 AED 117,179; 2025 AED 130,000; 2026 AED 132,500New contract, January 2019: AED 114,000 a yearRenewal, January 2020: AED 57,000 a yearNew contract, November 2022: AED 125,000 a yearNew contract, May 2024: AED 137,000 a year

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

2-beds in Oia Residence, and where 203 sits

All 134 2-beds →

203 last sold in April 2025 at AED 1,336 per sqft, 22% above what two-beds in Oia Residence were fetching at the time (AED 1,099). Over the last 12 months two-beds sold for AED 1,284,669 to 2,350,000, around AED 1,058 per sqft, and rent for AED 70,000 to 185,000 a year. 203's AED 137,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20262,196,700
19 Sep 20262,050,000
8 Sep 20261,950,000
24 Aug 20262,000,000
25 2-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 2nd floor

All 269 units in Oia Residence
Value
2012-bedAED 1.68M · Oct 2022
2022-bedAED 1.49M · Feb 2026
2042-bedAED 1.3M · Sep 2024
2052-bedAED 1.56M · Aug 2021
2062-bedAED 1.12M · Oct 2022
2072-bedAED 1.2M · Feb 2023
2082-bedAED 1.16M · Dec 2020
1–7 of 53

203, Oia Residence in numbers

  • Sold twice: first on 19 May 2021 for AED 1,319,850, last on 7 April 2025 for AED 1,880,000 (AED 1,336 per sqft).
  • Rented since January 2019 on 4 Ejari contracts. The rent fell from AED 114,000 to AED 57,000 in 2020 and recovered to AED 137,000 by May 2024.
  • At AED 137,000 a year the gross yield on the 2025 price is 7.3%, before a service charge of about AED 20,800 a year (AED 14.76 per sqft).
  • Two-beds in Oia Residence sold for AED 1,284,669–2,350,000 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 7 April 2025.

Questions about 203, Oia Residence

What did unit 203 last sell for?

AED 1,880,000 on 7 April 2025: AED 1,336 per sqft for 1,407 sqft. The unit has 2 registered sales; the first was AED 1,319,850 in May 2021.

What is the rent for unit 203?

AED 137,000 a year on the contract signed on 1 May 2024. The previous contract, from November 2022, was AED 125,000; the unit has been rented since January 2019.

How big is unit 203?

1,407 sqft (130.7 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2018.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Oia Residence sold for AED 1,284,669 to 2,350,000 in the last 12 months, around AED 1,058 per sqft.

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Mortgage on 203, Oia Residence

Starts from the last sale price (AED 1.88M, 7 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,880,000
Deposit, UAE resident (20%)
AED 376,000
Deposit, non-resident (40%)
AED 752,000
Monthly over 25 years at 3.7%
AED 7,692

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