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

241, Oia Residence

Sold prices and rental history: sold once, by the developer in October 2020, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 241 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 1.29M28 October 2020
Current rentAED 130K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 241, Oia Residence

What is 241 worth today?

Last sold for AED 1,294,850 in 2020

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1 Aug 2026RentedRenewal
AED 130,000/yr12 months · AED 92 per sqft
1 Aug 2025RentedNew contract
AED 142,000/yr12 months · AED 101 per sqft
28 Feb 2025RentedNew contract
AED 145,000/yr12 months · AED 103 per sqft
28 Feb 2025RentedNew contract
AED 145,000/yr12 months · AED 103 per sqft
28 Oct 2020Sold by developerReady
AED 1,294,850AED 920 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed apartment
Size
1,407 sqft
Floor
2nd of 5
Parking
B-68
Developer
Union Properties
Completed
2018
Service charge
AED 20,800 /yr
Last sold
AED 1.29M · October 2020
Building
Oia Residence

About 241, Oia Residence

241 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. The developer sold it on 28 October 2020 for AED 1,294,850, or AED 920 per sqft, 5% above the AED 876 two-beds in the building were fetching at the time.

It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 130,000 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 20,800 a year.

Sales and rents for 241 over time

Sales
Unit 241, 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 2020: AED 1,294,850 (AED 920 per sqft)

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

Rents
Unit 241, each contractTypical two-bed in Oia Residence
100K125K150K2018202120242027Typical 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, February 2025: AED 145,000 a yearNew contract, February 2025: AED 145,000 a yearNew contract, August 2025: AED 142,000 a yearRenewal, August 2026: AED 130,000 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 241 sits

All 134 2-beds →

241 last sold in October 2020 at AED 920 per sqft, 5% above what two-beds in Oia Residence were fetching at the time (AED 876). 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. 241's AED 130,000 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

241, Oia Residence in numbers

  • Sold once: by Union Properties on 28 October 2020 for AED 1,294,850, or AED 920 per sqft.
  • Rented since February 2025 on 4 Ejari contracts, from AED 145,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2020 price is 10.0%, 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 1 August 2026.

Questions about 241, Oia Residence

What did unit 241 last sell for?

AED 1,294,850 on 28 October 2020, sold by the developer: AED 920 per sqft for 1,407 sqft. It is the only registered sale of the unit.

What is the rent for unit 241?

AED 130,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 142,000; the unit has been rented since February 2025.

How big is unit 241?

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 241 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 241, Oia Residence

Starts from the last sale price (AED 1.29M, 28 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,294,850
Deposit, UAE resident (20%)
AED 258,970
Deposit, non-resident (40%)
AED 517,940
Monthly over 25 years at 3.7%
AED 5,298

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