3-bed · 2,072 sqftOia Residence, Uptown Motorcity · 2nd floor · completed 2018

253, Oia Residence

Sold prices and rental history: sold once, by the developer in April 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 253 · DLD and Ejari recordsUpdated 3 April 2017
Last soldAED 2.18M3 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 253, Oia Residence

What is 253 worth today?

Last sold for AED 2,175,303 in 2017

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3 Apr 2017Sold by developerOff-plan
AED 2,175,303AED 1,050 per sqft

Source: Dubai Land Department. Updated 3 April 2017.

Key facts

Type
3-bed apartment
Size
2,072 sqft
Floor
2nd of 5
Parking
B-42, B-43
Developer
Union Properties
Completed
2018
Service charge
AED 30,600 /yr
Last sold
AED 2.18M · April 2017

About 253, Oia Residence

253 is a three-bedroom apartment of 2,072 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 3 April 2017 for AED 2,175,303, or AED 1,050 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 253 over time

Sales
Unit 253, each saleTypical three-bed in Oia Residence
1.5M2M2.5M2017202020232026Typical sale price by year: 2017 AED 2,175,303; 2021 AED 2,026,385; 2022 AED 1,625,000; 2023 AED 1,746,526; 2024 AED 2,450,000; 2025 AED 2,185,500; 2026 AED 2,450,000Sold by developer, April 2017: AED 2,175,303 (AED 1,050 per sqft)

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

Rents
Unit 253, each contractTypical three-bed in Oia Residence
100K150K200K2018202120242027Typical rent by year: 2018 AED 135,000; 2019 AED 133,000; 2020 AED 124,100; 2021 AED 105,749; 2022 AED 115,000; 2023 AED 115,000; 2024 AED 135,500; 2025 AED 155,000; 2026 AED 190,529

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

3-beds in Oia Residence, and where 253 sits

All 67 3-beds →

Over the last 12 months three-beds sold for AED 1,941,000 to 3,200,000, around AED 1,045 per sqft, and rent for AED 100,000 to 215,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20262,490,000
20 Oct 20262,740,000
16 Sep 20262,320,000
26 Aug 20262,700,000
22 3-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

253, Oia Residence in numbers

  • Sold once: by Union Properties on 3 April 2017 for AED 2,175,303, or AED 1,050 per sqft.
  • Three-beds in Oia Residence sold for AED 1,941,000–3,200,000 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 3 April 2017.

Questions about 253, Oia Residence

What did unit 253 last sell for?

AED 2,175,303 on 3 April 2017, sold by the developer: AED 1,050 per sqft for 2,072 sqft. It is the only registered sale of the unit.

How big is unit 253?

2,072 sqft (192.5 sqm): a three-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2018.

What is unit 253 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Oia Residence sold for AED 1,941,000 to 3,200,000 in the last 12 months, around AED 1,045 per sqft.

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Mortgage on 253, Oia Residence

Starts from the last sale price (AED 2.18M, 3 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,175,303
Deposit, UAE resident (20%)
AED 435,061
Deposit, non-resident (40%)
AED 870,121
Monthly over 25 years at 3.7%
AED 8,900

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