2-bed · 1,474 sqftOia Residence, Uptown Motorcity · 3rd floor · completed 2018

350, Oia Residence

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

Unit 350 · DLD and Ejari recordsUpdated 24 December 2024
Last soldAED 1.82M24 December 2024
Current rentAED 110K /yr20 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 350, Oia Residence

What is 350 worth today?

Last sold for AED 1,820,000 in 2024

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24 Dec 2024SoldReady
AED 1,820,000AED 1,235 per sqft
20 Jan 2024RentedRenewal
AED 110,250/yr12 months · AED 75 per sqft
20 Jan 2024RentedNew contract
AED 110,250/yr12 months · AED 75 per sqft
20 Jan 2023RentedNew contract
AED 105,000/yr12 months · AED 72 per sqft
1 Dec 2021RentedNew contract
AED 95,000/yr12 months · AED 65 per sqft
25 Jan 2021Sold by developerReady
AED 1,241,760AED 842 per sqft

Source: Dubai Land Department. Updated 24 December 2024.

Key facts

Type
2-bed apartment
Size
1,474 sqft
Floor
3rd of 5
Parking
B-44
Developer
Union Properties
Completed
2018
Service charge
AED 21,800 /yr
Last sold
AED 1.82M · December 2024

About 350, Oia Residence

350 is a two-bedroom apartment of 1,474 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 24 December 2024 for AED 1,820,000, or AED 1,235 per sqft, 12% above the AED 1,099 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 20 January 2024, is AED 110,250 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 21,800 a year.

Sales and rents for 350 over time

Sales
Unit 350, 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, January 2021: AED 1,241,760 (AED 842 per sqft)Sold, December 2024: AED 1,820,000 (AED 1,235 per sqft)

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

Rents
Unit 350, 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, December 2021: AED 95,000 a yearNew contract, January 2023: AED 105,000 a yearRenewal, January 2024: AED 110,250 a yearNew contract, January 2024: AED 110,250 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 350 sits

All 134 2-beds →

350 last sold in December 2024 at AED 1,235 per sqft, 12% above what two-beds in Oia Residence were fetching at the time (AED 1,099). 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. 350's AED 110,250 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

350, Oia Residence in numbers

  • Sold twice: first on 25 January 2021 for AED 1,241,760, last on 24 December 2024 for AED 1,820,000 (AED 1,235 per sqft).
  • Rented since December 2021 on 4 Ejari contracts, from AED 95,000 to AED 110,250 a year.
  • At AED 110,250 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 21,800 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 24 December 2024.

Questions about 350, Oia Residence

What did unit 350 last sell for?

AED 1,820,000 on 24 December 2024: AED 1,235 per sqft for 1,474 sqft. The unit has 2 registered sales; the first was AED 1,241,760 in January 2021.

What is the rent for unit 350?

AED 110,250 a year on the contract renewed on 20 January 2024. The previous contract, from January 2024, was AED 110,250; the unit has been rented since December 2021.

How big is unit 350?

1,474 sqft (136.9 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2018.

What is unit 350 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 350, Oia Residence

Starts from the last sale price (AED 1.82M, 24 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,820,000
Deposit, UAE resident (20%)
AED 364,000
Deposit, non-resident (40%)
AED 728,000
Monthly over 25 years at 3.7%
AED 7,446

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