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2-bed · 1,407 sqftOia Residence, Uptown Motorcity · 3rd floor · completed 2018

341, Oia Residence

Sold prices and rental history: sold twice, last in October 2024, and rented once, from August 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 341 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 1.8M25 October 2024
Current rentAED 133K /yr10 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 341, Oia Residence

What is 341 worth today?

Last sold for AED 1,800,000 in 2024

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25 Oct 2024SoldReady
AED 1,800,000AED 1,279 per sqft
18 Nov 2021Sold by developerReady
AED 1,333,040AED 947 per sqft
10 Aug 2021RentedNew contract
AED 133,300/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
2-bed apartment
Size
1,407 sqft
Floor
3rd of 5
Parking
B-10
Developer
Union Properties
Completed
2018
Service charge
AED 20,800 /yr
Last sold
AED 1.8M · October 2024
Building
Oia Residence

About 341, Oia Residence

341 is a two-bedroom apartment of 1,407 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 25 October 2024 for AED 1,800,000, or AED 1,279 per sqft, 23% above the AED 1,039 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 August 2021. The current contract, signed on 10 August 2021, is AED 133,300 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 20,800 a year.

Sales and rents for 341 over time

Sales
Unit 341, 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, November 2021: AED 1,333,040 (AED 947 per sqft)Sold, October 2024: AED 1,800,000 (AED 1,279 per sqft)

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

Rents
Unit 341, each contractTypical two-bed in Oia Residence
100K120K140K2018202120242027Typical 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, August 2021: AED 133,300 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 341 sits

All 134 2-beds →

341 last sold in October 2024 at AED 1,279 per sqft, 23% above what two-beds in Oia Residence were fetching at the time (AED 1,039). 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. 341's AED 133,300 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 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

341, Oia Residence in numbers

  • Sold twice: first on 18 November 2021 for AED 1,333,040, last on 25 October 2024 for AED 1,800,000 (AED 1,279 per sqft).
  • Rented since August 2021 on one Ejari contract, at AED 133,300 a year.
  • At AED 133,300 a year the gross yield on the 2024 price is 7.4%, 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 25 October 2024.

Questions about 341, Oia Residence

What did unit 341 last sell for?

AED 1,800,000 on 25 October 2024: AED 1,279 per sqft for 1,407 sqft. The unit has 2 registered sales; the first was AED 1,333,040 in November 2021.

What is the rent for unit 341?

AED 133,300 a year on the contract signed on 10 August 2021.

How big is unit 341?

1,407 sqft (130.7 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2018.

What is unit 341 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 341, Oia Residence

Starts from the last sale price (AED 1.8M, 25 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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