2-bed · 1,700 sqftOia Residence, Uptown Motorcity · 3rd floor · completed 2018

349, Oia Residence

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

Unit 349 · DLD and Ejari recordsUpdated 8 July 2026
Last soldAED 1.27M28 November 2022
Current rentAED 138K /yr8 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 349, Oia Residence

What is 349 worth today?

Last sold for AED 1,274,000 in 2022

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8 Jul 2026RentedNew contract
AED 137,815/yr24 months · AED 81 per sqft
8 Jul 2025RentedRenewal
AED 138,000/yr12 months · AED 81 per sqft
8 Jul 2025RentedRenewal
AED 138,000/yr12 months · AED 81 per sqft
2 Jul 2024RentedNew contract
AED 138,000/yr12 months · AED 81 per sqft
16 Apr 2023RentedNew contract
AED 120,000/yr12 months · AED 71 per sqft
28 Nov 2022Sold by developerReady
AED 1,274,000AED 749 per sqft
7 Jan 2022RentedNew contract
AED 87,000/yr14 months · AED 51 per sqft
28 Nov 2018RentedNew contract
AED 115,001/yr13 months · AED 68 per sqft

Source: Dubai Land Department. Updated 8 July 2026.

Key facts

Type
2-bed apartment
Size
1,700 sqft
Floor
3rd of 5
Parking
B-46
Developer
Union Properties
Completed
2018
Service charge
AED 25,100 /yr
Last sold
AED 1.27M · November 2022

About 349, Oia Residence

349 is a two-bedroom apartment of 1,700 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 28 November 2022 for AED 1,274,000, or AED 749 per sqft, 3% below the AED 775 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 8 July 2026, is AED 137,815 a year: a gross yield of 10.8% on the 2022 price, before the service charge of about AED 25,100 a year.

Sales and rents for 349 over time

Sales
Unit 349, 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 2022: AED 1,274,000 (AED 749 per sqft)

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

Rents
Unit 349, each contractTypical two-bed in Oia Residence
100K125K2018202120242027Typical 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, November 2018: AED 115,001 a yearNew contract, November 2018: AED 106,154 a yearNew contract, January 2022: AED 87,000 a yearNew contract, April 2023: AED 120,000 a yearNew contract, July 2024: AED 138,000 a yearRenewal, July 2025: AED 138,000 a yearRenewal, July 2025: AED 138,000 a yearNew contract, July 2026: AED 137,815 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 349 sits

All 134 2-beds →

349 last sold in November 2022 at AED 749 per sqft, 3% below what two-beds in Oia Residence were fetching at the time (AED 775). 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. 349's AED 137,815 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

349, Oia Residence in numbers

  • Sold once: by Union Properties on 28 November 2022 for AED 1,274,000, or AED 749 per sqft.
  • Rented since November 2018 on 8 Ejari contracts. The rent fell from AED 106,154 to AED 87,000 in 2022 and recovered to AED 137,815 by July 2026.
  • At AED 137,815 a year the gross yield on the 2022 price is 10.8%, before a service charge of about AED 25,100 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 8 July 2026.

Questions about 349, Oia Residence

What did unit 349 last sell for?

AED 1,274,000 on 28 November 2022, sold by the developer: AED 749 per sqft for 1,700 sqft. It is the only registered sale of the unit.

What is the rent for unit 349?

AED 137,815 a year on the contract signed on 8 July 2026. The previous contract, from July 2025, was AED 138,000; the unit has been rented since November 2018.

How big is unit 349?

1,700 sqft (157.9 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2018.

What is unit 349 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 349, Oia Residence

Starts from the last sale price (AED 1.27M, 28 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,274,000
Deposit, UAE resident (20%)
AED 254,800
Deposit, non-resident (40%)
AED 509,600
Monthly over 25 years at 3.7%
AED 5,212

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