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1-bed · 930 sqftOia Residence, Uptown Motorcity · 2nd floor · completed 2018

228, Oia Residence

Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 228 · DLD and Ejari recordsUpdated 5 February 2026
Last soldAED 1.06M4 January 2018
Current rentAED 85K /yr5 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 228, Oia Residence

What is 228 worth today?

Last sold for AED 1,058,391 in 2018

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5 Feb 2026RentedNew contract
AED 85,000/yr12 months · AED 92 per sqft
17 Apr 2025RentedRenewal
AED 80,000/yr12 months · AED 86 per sqft
17 Apr 2024RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft
1 Nov 2023RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft
15 Oct 2022RentedNew contract
AED 65,000/yr12 months · AED 70 per sqft
8 Oct 2020RentedRenewal
AED 55,000/yr12 months · AED 59 per sqft
8 Oct 2019RentedNew contract
AED 70,000/yr12 months · AED 76 per sqft
4 Jan 2018Sold by developerOff-plan
AED 1,058,391AED 1,137 per sqft

Source: Dubai Land Department. Updated 5 February 2026.

Key facts

Type
1-bed apartment
Size
930 sqft
Floor
2nd of 5
Parking
B-84
Developer
Union Properties
Completed
2018
Service charge
AED 13,700 /yr
Last sold
AED 1.06M · January 2018
Building
Oia Residence

About 228, Oia Residence

228 is a one-bedroom apartment of 930 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 4 January 2018 for AED 1,058,391, or AED 1,137 per sqft, in line with the AED 1,152 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 5 February 2026, is AED 85,000 a year: a gross yield of 8.0% on the 2018 price, before the service charge of about AED 13,700 a year.

Sales and rents for 228 over time

Sales
Unit 228, 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, January 2018: AED 1,058,391 (AED 1,137 per sqft)

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

Rents
Unit 228, 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, October 2019: AED 70,000 a yearRenewal, October 2020: AED 55,000 a yearNew contract, October 2022: AED 65,000 a yearNew contract, November 2023: AED 80,000 a yearNew contract, April 2024: AED 80,000 a yearRenewal, April 2025: AED 80,000 a yearNew contract, February 2026: AED 85,000 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 228 sits

All 48 1-beds →

228 last sold in January 2018 at AED 1,137 per sqft, in line with what one-beds in Oia Residence were fetching at the time (AED 1,152). 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. 228's AED 85,000 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

228, Oia Residence in numbers

  • Sold once: by Union Properties on 4 January 2018 for AED 1,058,391, or AED 1,137 per sqft.
  • Rented since October 2019 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 55,000 in 2020 and recovered to AED 85,000 by February 2026.
  • At AED 85,000 a year the gross yield on the 2018 price is 8.0%, before a service charge of about AED 13,700 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 5 February 2026.

Questions about 228, Oia Residence

What did unit 228 last sell for?

AED 1,058,391 on 4 January 2018, sold by the developer: AED 1,137 per sqft for 930 sqft. It is the only registered sale of the unit.

What is the rent for unit 228?

AED 85,000 a year on the contract signed on 5 February 2026. The previous contract, from April 2025, was AED 80,000; the unit has been rented since October 2019.

How big is unit 228?

930 sqft (86.4 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2018.

What is unit 228 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 228, Oia Residence

Starts from the last sale price (AED 1.06M, 4 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,058,391
Deposit, UAE resident (20%)
AED 211,678
Deposit, non-resident (40%)
AED 423,356
Monthly over 25 years at 3.7%
AED 4,330

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