1-bed · 845 sqftOia Residence, Uptown Motorcity · 3rd floor · completed 2018

316, Oia Residence

Sold prices and rental history: sold once, by the developer in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 18 December 2024
Last soldAED 818K18 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Oia Residence

What is 316 worth today?

Last sold for AED 818,330 in 2024

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18 Dec 2024Sold by developerReady
AED 818,330AED 968 per sqft

Source: Dubai Land Department. Updated 18 December 2024.

Key facts

Type
1-bed apartment
Size
845 sqft
Floor
3rd of 5
Parking
B-347
Developer
Union Properties
Completed
2018
Service charge
AED 12,500 /yr
Last sold
AED 818K · December 2024

About 316, Oia Residence

316 is a one-bedroom apartment of 845 sqft on the 3rd floor of Oia Residence, a 5-storey tower in Uptown Motorcity completed in 2018 by Union Properties. The developer sold it on 18 December 2024 for AED 818,330, or AED 968 per sqft, in line with the AED 968 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 316 over time

Sales
Unit 316, 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, December 2024: AED 818,330 (AED 968 per sqft)

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

Rents
Unit 316, 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 82,750

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 316 sits

All 48 1-beds →

316 last sold in December 2024 at AED 968 per sqft, in line with what one-beds in Oia Residence were fetching at the time (AED 968). 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.

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 3rd floor

All 269 units in Oia Residence
Value
3012-bedAED 2.02M · Mar 2026
3022-bedAED 1.1M · Nov 2022
3032-bedAED 1.5M · Sep 2024
3042-bedAED 1.39M · Jul 2026
3052-bedAED 1.51M · Nov 2021
3062-bedAED 587K · Nov 2020
3072-bedAED 1.3M · Jun 2023
1–7 of 53

316, Oia Residence in numbers

  • Sold once: by Union Properties on 18 December 2024 for AED 818,330, or AED 968 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 18 December 2024.

Questions about 316, Oia Residence

What did unit 316 last sell for?

AED 818,330 on 18 December 2024, sold by the developer: AED 968 per sqft for 845 sqft. It is the only registered sale of the unit.

How big is unit 316?

845 sqft (78.5 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2018.

What is unit 316 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 316, Oia Residence

Starts from the last sale price (AED 818K, 18 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 818,330
Deposit, UAE resident (20%)
AED 163,666
Deposit, non-resident (40%)
AED 327,332
Monthly over 25 years at 3.7%
AED 3,348

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