2-bed · 1,696 sqftOia Residence, Uptown Motorcity · 3rd floor · completed 2018

338, Oia Residence

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

Unit 338 · DLD and Ejari recordsUpdated 5 March 2026
Last soldAED 1.78M5 March 2026
Current rentAED 100K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 338, Oia Residence

What is 338 worth today?

Last sold for AED 1,781,000 in 2026

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5 Mar 2026SoldReady
AED 1,781,000AED 1,050 per sqft
1 May 2024RentedRenewal
AED 100,000/yr13 months · AED 59 per sqft
31 Mar 2023RentedNew contract
AED 97,000/yr13 months · AED 57 per sqft
5 Aug 2021Sold by developerReady
AED 1,471,093AED 867 per sqft
1 Feb 2021RentedRenewal
AED 106,154/yr13 months · AED 63 per sqft
1 Feb 2020RentedRenewal
AED 115,000/yr12 months · AED 68 per sqft
1 Jan 2019RentedNew contract
AED 106,154/yr13 months · AED 63 per sqft
1 Jan 2019RentedNew contract
AED 115,001/yr13 months · AED 68 per sqft

Source: Dubai Land Department. Updated 5 March 2026.

Key facts

Type
2-bed apartment
Size
1,696 sqft
Floor
3rd of 5
Parking
B-183
Developer
Union Properties
Completed
2018
Service charge
AED 25,000 /yr
Last sold
AED 1.78M · March 2026

About 338, Oia Residence

338 is a two-bedroom apartment of 1,696 sqft on the 3rd floor of Oia Residence, a 5-storey tower in Uptown Motorcity completed in 2018 by Union Properties. It last sold on 5 March 2026 for AED 1,781,000, or AED 1,050 per sqft, 5% below the AED 1,108 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 100,000 a year: a gross yield of 5.6% on the 2026 price, before the service charge of about AED 25,000 a year.

Sales and rents for 338 over time

Sales
Unit 338, 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, August 2021: AED 1,471,093 (AED 867 per sqft)Sold, March 2026: AED 1,781,000 (AED 1,050 per sqft)

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

Rents
Unit 338, 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 106,154 a yearNew contract, January 2019: AED 115,001 a yearRenewal, February 2020: AED 115,000 a yearRenewal, February 2021: AED 106,154 a yearNew contract, March 2023: AED 97,000 a yearRenewal, May 2024: AED 100,000 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 338 sits

All 134 2-beds →

338 last sold in March 2026 at AED 1,050 per sqft, 5% below what two-beds in Oia Residence were fetching at the time (AED 1,108). 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. 338's AED 100,000 is in the lower 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 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

338, Oia Residence in numbers

  • Sold twice: first on 5 August 2021 for AED 1,471,093, last on 5 March 2026 for AED 1,781,000 (AED 1,050 per sqft).
  • Rented since January 2019 on 6 Ejari contracts, from AED 115,001 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2026 price is 5.6%, before a service charge of about AED 25,000 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 5 March 2026.

Questions about 338, Oia Residence

What did unit 338 last sell for?

AED 1,781,000 on 5 March 2026: AED 1,050 per sqft for 1,696 sqft. The unit has 2 registered sales; the first was AED 1,471,093 in August 2021.

What is the rent for unit 338?

AED 100,000 a year on the contract renewed on 1 May 2024. The previous contract, from March 2023, was AED 97,000; the unit has been rented since January 2019.

How big is unit 338?

1,696 sqft (157.6 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2018.

What is unit 338 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 338, Oia Residence

Starts from the last sale price (AED 1.78M, 5 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,781,000
Deposit, UAE resident (20%)
AED 356,200
Deposit, non-resident (40%)
AED 712,400
Monthly over 25 years at 3.7%
AED 7,287

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