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1-bed · 909 sqftOia Residence, Uptown Motorcity · 2nd floor · completed 2018

216, Oia Residence

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

Unit 216 · DLD and Ejari recordsUpdated 23 August 2026
Last soldAED 1M1 August 2025
Current rentAED 80K /yr23 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 216, Oia Residence

What is 216 worth today?

Last sold for AED 1,000,000 in 2025

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23 Aug 2026RentedNew contract
AED 79,572/yr12 months · AED 88 per sqft
1 Aug 2025SoldReady
AED 1,000,000AED 1,100 per sqft
20 Jul 2025RentedNew contract
AED 63,000/yr11 months · AED 69 per sqft
20 Jul 2025RentedRenewal
AED 63,000/yr12 months · AED 69 per sqft
20 Jul 2025RentedNew contract
AED 63,000/yr11 months · AED 69 per sqft
20 Jul 2025RentedRenewal
AED 63,000/yr12 months · AED 69 per sqft
20 Jul 2024RentedRenewal
AED 60,000/yr12 months · AED 66 per sqft
20 Jul 2023RentedNew contract
AED 55,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 23 August 2026.

Key facts

Type
1-bed apartment
Size
909 sqft
Floor
2nd of 5
Parking
B-133
Developer
Union Properties
Completed
2018
Service charge
AED 13,400 /yr
Last sold
AED 1M · August 2025
Building
Oia Residence

About 216, Oia Residence

216 is a one-bedroom apartment of 909 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 1 August 2025 for AED 1,000,000, or AED 1,100 per sqft, in line with the AED 1,100 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, signed on 23 August 2026, is AED 79,572 a year: a gross yield of 8.0% on the 2025 price, before the service charge of about AED 13,400 a year.

Sales and rents for 216 over time

Sales
Unit 216, each saleTypical one-bed in Oia Residence
750K1M2017202020232026Typical sale price by year: 2017 AED 1,040,000; 2018 AED 1,020,000; 2020 AED 860,000; 2021 AED 977,360; 2022 AED 650,000; 2023 AED 950,000; 2024 AED 875,000; 2025 AED 1,005,000; 2026 AED 1,100,000Sold by developer, July 2020: AED 832,685 (AED 916 per sqft)Sold, August 2025: AED 1,000,000 (AED 1,100 per sqft)

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

Rents
Unit 216, each contractTypical one-bed in Oia Residence
60K80K2018202120242027Typical rent by year: 2018 AED 70,000; 2019 AED 69,500; 2020 AED 55,000; 2021 AED 55,000; 2022 AED 55,000; 2023 AED 64,683; 2024 AED 71,625; 2025 AED 80,000; 2026 AED 82,750New contract, December 2018: AED 72,500 a yearNew contract, July 2022: AED 55,000 a yearNew contract, July 2023: AED 55,000 a yearNew contract, July 2023: AED 55,000 a yearRenewal, July 2024: AED 60,000 a yearNew contract, July 2025: AED 63,000 a yearRenewal, July 2025: AED 63,000 a yearNew contract, July 2025: AED 63,000 a yearRenewal, July 2025: AED 63,000 a yearNew contract, August 2026: AED 79,572 a year

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

1-beds in Oia Residence, and where 216 sits

All 48 1-beds →

216 last sold in August 2025 at AED 1,100 per sqft, in line with what one-beds in Oia Residence were fetching at the time (AED 1,100). Over the last 12 months one-beds sold for AED 975,000 to 1,215,000, around AED 1,237 per sqft, and rent for AED 60,000 to 165,000 a year. 216's AED 79,572 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,020,000
26 Aug 2026975,000
14 May 20261,099,350
31 Mar 20261,100,000
8 1-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

216, Oia Residence in numbers

  • Sold twice: first on 27 July 2020 for AED 832,685, last on 1 August 2025 for AED 1,000,000 (AED 1,100 per sqft).
  • Rented since December 2018 on 10 Ejari contracts. The rent fell from AED 72,500 to AED 55,000 in 2023 and recovered to AED 79,572 by August 2026.
  • At AED 79,572 a year the gross yield on the 2025 price is 8.0%, before a service charge of about AED 13,400 a year (AED 14.76 per sqft).
  • One-beds in Oia Residence sold for AED 975,000–1,215,000 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 23 August 2026.

Questions about 216, Oia Residence

What did unit 216 last sell for?

AED 1,000,000 on 1 August 2025: AED 1,100 per sqft for 909 sqft. The unit has 2 registered sales; the first was AED 832,685 in July 2020.

What is the rent for unit 216?

AED 79,572 a year on the contract signed on 23 August 2026. The previous contract, from July 2025, was AED 63,000; the unit has been rented since December 2018.

How big is unit 216?

909 sqft (84.4 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2018.

What is unit 216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Oia Residence sold for AED 975,000 to 1,215,000 in the last 12 months, around AED 1,237 per sqft.

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Mortgage on 216, Oia Residence

Starts from the last sale price (AED 1M, 1 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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