2-bed · 1,691 sqftOia Residence, Uptown Motorcity · 3rd floor · completed 2018

351, Oia Residence

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

Unit 351 · DLD and Ejari recordsUpdated 22 October 2025
Last soldAED 1.3M22 December 2022
Current rentAED 140K /yr22 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 351, Oia Residence

What is 351 worth today?

Last sold for AED 1,300,000 in 2022

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22 Oct 2025RentedRenewal
AED 140,000/yr12 months · AED 83 per sqft
22 Oct 2024RentedNew contract
AED 140,000/yr12 months · AED 83 per sqft
15 Apr 2024RentedNew contract
AED 105,300/yr12 months · AED 62 per sqft
15 Apr 2023RentedNew contract
AED 105,300/yr12 months · AED 62 per sqft
22 Dec 2022Sold by developerReady
AED 1,300,000AED 768 per sqft
15 Feb 2022RentedNew contract
AED 90,257/yr14 months · AED 53 per sqft
15 Nov 2019RentedRenewal
AED 118,897/yr3 months · AED 70 per sqft
15 Nov 2018RentedNew contract
AED 118,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 22 October 2025.

Key facts

Type
2-bed apartment
Size
1,691 sqft
Floor
3rd of 5
Parking
B-29
Developer
Union Properties
Completed
2018
Service charge
AED 25,000 /yr
Last sold
AED 1.3M · December 2022

About 351, Oia Residence

351 is a two-bedroom apartment of 1,691 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 22 December 2022 for AED 1,300,000, or AED 768 per sqft, in line with the AED 775 two-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 22 October 2025, is AED 140,000 a year: a gross yield of 10.8% on the 2022 price, before the service charge of about AED 25,000 a year.

Sales and rents for 351 over time

Sales
Unit 351, 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, December 2022: AED 1,300,000 (AED 768 per sqft)

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

Rents
Unit 351, 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 118,000 a yearRenewal, November 2019: AED 118,897 a yearNew contract, February 2022: AED 90,257 a yearNew contract, April 2023: AED 105,300 a yearNew contract, April 2024: AED 105,300 a yearNew contract, October 2024: AED 140,000 a yearRenewal, October 2025: AED 140,000 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 351 sits

All 134 2-beds →

351 last sold in December 2022 at AED 768 per sqft, in line with 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. 351's AED 140,000 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

351, Oia Residence in numbers

  • Sold once: by Union Properties on 22 December 2022 for AED 1,300,000, or AED 768 per sqft.
  • Rented since November 2018 on 7 Ejari contracts. The rent fell from AED 118,000 to AED 90,257 in 2022 and recovered to AED 140,000 by October 2025.
  • At AED 140,000 a year the gross yield on the 2022 price is 10.8%, 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 22 October 2025.

Questions about 351, Oia Residence

What did unit 351 last sell for?

AED 1,300,000 on 22 December 2022, sold by the developer: AED 768 per sqft for 1,691 sqft. It is the only registered sale of the unit.

What is the rent for unit 351?

AED 140,000 a year on the contract renewed on 22 October 2025. The previous contract, from October 2024, was AED 140,000; the unit has been rented since November 2018.

How big is unit 351?

1,691 sqft (157.1 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2018.

What is unit 351 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 351, Oia Residence

Starts from the last sale price (AED 1.3M, 22 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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