1-bed · 846 sqftOia Residence, Uptown Motorcity · 3rd floor · completed 2018

348, Oia Residence

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 348 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 650K7 March 2022
Current rentAED 68K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 348, Oia Residence

What is 348 worth today?

Last sold for AED 650,000 in 2022

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1 Jul 2026RentedRenewal
AED 67,993/yr6 months · AED 80 per sqft
1 Jul 2025RentedRenewal
AED 64,275/yr12 months · AED 76 per sqft
1 Jul 2025RentedRenewal
AED 64,275/yr12 months · AED 76 per sqft
1 Jul 2024RentedRenewal
AED 61,215/yr12 months · AED 72 per sqft
1 Jul 2023RentedNew contract
AED 55,650/yr12 months · AED 66 per sqft
1 Jul 2022RentedNew contract
AED 53,000/yr12 months · AED 62 per sqft
7 Mar 2022SoldReady
AED 650,000AED 768 per sqft
10 Dec 2018RentedNew contract
AED 68,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
846 sqft
Floor
3rd of 5
Parking
B-45
Developer
Union Properties
Completed
2018
Service charge
AED 12,500 /yr
Last sold
AED 650K · March 2022

About 348, Oia Residence

348 is a one-bedroom apartment of 846 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 7 March 2022 for AED 650,000, or AED 768 per sqft, 6% above the AED 724 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 67,993 a year: a gross yield of 10.5% on the 2022 price, before the service charge of about AED 12,500 a year.

Sales and rents for 348 over time

Sales
Unit 348, 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 2017: AED 968,915 (AED 1,145 per sqft)Sold, March 2022: AED 650,000 (AED 768 per sqft)

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

Rents
Unit 348, 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 82,750New contract, December 2018: AED 68,000 a yearNew contract, July 2022: AED 53,000 a yearNew contract, July 2023: AED 55,650 a yearRenewal, July 2024: AED 61,215 a yearRenewal, July 2025: AED 64,275 a yearRenewal, July 2025: AED 64,275 a yearRenewal, July 2026: AED 67,993 a year

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 348 sits

All 48 1-beds →

348 last sold in March 2022 at AED 768 per sqft, 6% above what one-beds in Oia Residence were fetching at the time (AED 724). 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. 348's AED 67,993 is in the lower half of that range.

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

348, Oia Residence in numbers

  • Sold twice: first on 25 December 2017 for AED 968,915, last on 7 March 2022 for AED 650,000 (AED 768 per sqft).
  • Rented since December 2018 on 7 Ejari contracts. The rent fell from AED 68,000 to AED 53,000 in 2022 and recovered to AED 67,993 by July 2026.
  • At AED 67,993 a year the gross yield on the 2022 price is 10.5%, before a service charge of about AED 12,500 a year (AED 14.76 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 1 July 2026.

Questions about 348, Oia Residence

What did unit 348 last sell for?

AED 650,000 on 7 March 2022: AED 768 per sqft for 846 sqft. The unit has 2 registered sales; the first was AED 968,915 in December 2017.

What is the rent for unit 348?

AED 67,993 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 64,275; the unit has been rented since December 2018.

How big is unit 348?

846 sqft (78.6 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2018.

What is unit 348 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 348, Oia Residence

Starts from the last sale price (AED 650K, 7 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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