2-bed · 1,616 sqftOia Residence, Uptown Motorcity · 2nd floor · completed 2018

232, Oia Residence

Sold prices and rental history: sold twice, last in October 2026, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 232 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 2.2M15 October 2026
Current rentAED 110K /yr27 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 232, Oia Residence

What is 232 worth today?

Last sold for AED 2,196,700 in 2026

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15 Oct 2026SoldReady
AED 2,196,700AED 1,359 per sqft
27 Dec 2024RentedNew contract
AED 110,000/yr12 months · AED 68 per sqft
27 Dec 2024RentedNew contract
AED 110,000/yr12 months · AED 68 per sqft
27 Dec 2023RentedNew contract
AED 110,000/yr12 months · AED 68 per sqft
27 Dec 2022RentedNew contract
AED 110,000/yr12 months · AED 68 per sqft
25 Oct 2022Sold by developerReady
AED 1,200,000AED 742 per sqft
22 Jan 2019RentedNew contract
AED 105,217/yr13 months · AED 65 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
2-bed apartment
Size
1,616 sqft
Floor
2nd of 5
Parking
B-168
Developer
Union Properties
Completed
2018
Service charge
AED 23,900 /yr
Last sold
AED 2.2M · October 2026

About 232, Oia Residence

232 is a two-bedroom apartment of 1,616 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 15 October 2026 for AED 2,196,700, or AED 1,359 per sqft, 28% above the AED 1,058 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 27 December 2024, is AED 110,000 a year: a gross yield of 5.0% on the 2026 price, before the service charge of about AED 23,900 a year.

Sales and rents for 232 over time

Sales
Unit 232, 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, October 2022: AED 1,200,000 (AED 742 per sqft)Sold, October 2026: AED 2,196,700 (AED 1,359 per sqft)

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

Rents
Unit 232, each contractTypical two-bed in Oia Residence
100K120K2018202120242027Typical 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 105,217 a yearNew contract, December 2022: AED 110,000 a yearNew contract, December 2023: AED 110,000 a yearNew contract, December 2024: AED 110,000 a yearNew contract, December 2024: AED 110,000 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 232 sits

All 134 2-beds →

232 last sold in October 2026 at AED 1,359 per sqft, 28% above what two-beds in Oia Residence were fetching at the time (AED 1,058). 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. 232's AED 110,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Sep 20262,050,000
8 Sep 20261,950,000
24 Aug 20262,000,000
16 Jul 20261,900,000
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

232, Oia Residence in numbers

  • Sold twice: first on 25 October 2022 for AED 1,200,000, last on 15 October 2026 for AED 2,196,700 (AED 1,359 per sqft).
  • Rented since January 2019 on 5 Ejari contracts, from AED 105,217 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2026 price is 5.0%, before a service charge of about AED 23,900 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 October 2026.

Questions about 232, Oia Residence

What did unit 232 last sell for?

AED 2,196,700 on 15 October 2026: AED 1,359 per sqft for 1,616 sqft. The unit has 2 registered sales; the first was AED 1,200,000 in October 2022.

What is the rent for unit 232?

AED 110,000 a year on the contract signed on 27 December 2024. The previous contract, from December 2024, was AED 110,000; the unit has been rented since January 2019.

How big is unit 232?

1,616 sqft (150.1 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2018.

What is unit 232 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 232, Oia Residence

Starts from the last sale price (AED 2.2M, 15 October 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,196,700
Deposit, UAE resident (20%)
AED 439,340
Deposit, non-resident (40%)
AED 878,680
Monthly over 25 years at 3.7%
AED 8,987

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