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2-bed · 1,803 sqftOia Residence, Uptown Motorcity · 2nd floor · completed 2018

214, Oia Residence

Sold prices and rental history: sold once, by the developer in June 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 15 June 2025
Last soldAED 1.45M16 June 2022
Current rentAED 155K /yr15 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 214, Oia Residence

What is 214 worth today?

Last sold for AED 1,447,773 in 2022

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15 Jun 2025RentedRenewal
AED 155,000/yr24 months · AED 86 per sqft
15 Jun 2024RentedNew contract
AED 150,000/yr12 months · AED 83 per sqft
4 May 2023RentedRenewal
AED 100,000/yr12 months · AED 55 per sqft
16 Jun 2022Sold by developerReady
AED 1,447,773AED 802 per sqft
4 Mar 2022RentedNew contract
AED 90,257/yr14 months · AED 50 per sqft
4 Aug 2019RentedNew contract
AED 115,000/yr13 months · AED 64 per sqft

Source: Dubai Land Department. Updated 15 June 2025.

Key facts

Type
2-bed apartment
Size
1,803 sqft
Floor
2nd of 5
Parking
B-131 , B-130
Developer
Union Properties
Completed
2018
Service charge
AED 26,600 /yr
Last sold
AED 1.45M · June 2022
Building
Oia Residence

About 214, Oia Residence

214 is a two-bedroom apartment of 1,803 sqft on the 2nd floor of Oia Residence, a 5-storey tower in Uptown Motorcity completed in 2018 by Union Properties. The developer sold it on 16 June 2022 for AED 1,447,773, or AED 802 per sqft, 7% below the AED 867 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 15 June 2025, is AED 155,000 a year: a gross yield of 10.7% on the 2022 price, before the service charge of about AED 26,600 a year.

Sales and rents for 214 over time

Sales
Unit 214, 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, June 2022: AED 1,447,773 (AED 802 per sqft)

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

Rents
Unit 214, each contractTypical two-bed in Oia Residence
100K150K2018202120242027Typical 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, August 2019: AED 115,000 a yearNew contract, March 2022: AED 90,257 a yearRenewal, May 2023: AED 100,000 a yearNew contract, June 2024: AED 150,000 a yearRenewal, June 2025: AED 155,000 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 214 sits

All 134 2-beds →

214 last sold in June 2022 at AED 802 per sqft, 7% below what two-beds in Oia Residence were fetching at the time (AED 867). 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. 214's AED 155,000 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
2032-bedAED 1.88M · Apr 2025
2042-bedAED 1.3M · Sep 2024
2052-bedAED 1.56M · Aug 2021
2062-bedAED 1.12M · Oct 2022
2072-bedAED 1.2M · Feb 2023
1–7 of 53

214, Oia Residence in numbers

  • Sold once: by Union Properties on 16 June 2022 for AED 1,447,773, or AED 802 per sqft.
  • Rented since August 2019 on 5 Ejari contracts. The rent fell from AED 115,000 to AED 90,257 in 2022 and recovered to AED 155,000 by June 2025.
  • At AED 155,000 a year the gross yield on the 2022 price is 10.7%, before a service charge of about AED 26,600 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 15 June 2025.

Questions about 214, Oia Residence

What did unit 214 last sell for?

AED 1,447,773 on 16 June 2022, sold by the developer: AED 802 per sqft for 1,803 sqft. It is the only registered sale of the unit.

What is the rent for unit 214?

AED 155,000 a year on the contract renewed on 15 June 2025. The previous contract, from June 2024, was AED 150,000; the unit has been rented since August 2019.

How big is unit 214?

1,803 sqft (167.5 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2018.

What is unit 214 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 214, Oia Residence

Starts from the last sale price (AED 1.45M, 16 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,447,773
Deposit, UAE resident (20%)
AED 289,555
Deposit, non-resident (40%)
AED 579,109
Monthly over 25 years at 3.7%
AED 5,923

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