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3-bed · 2,001 sqftOia Residence, Uptown Motorcity · 4th floor · completed 2018

402, Oia Residence

Sold prices and rental history: sold once, by the developer in December 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 15 November 2025
Last soldAED 1.6M22 December 2022
Current rentAED 160K /yr15 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, Oia Residence

What is 402 worth today?

Last sold for AED 1,596,500 in 2022

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15 Nov 2025RentedNew contract
AED 160,000/yr12 months · AED 80 per sqft
15 Nov 2024RentedNew contract
AED 160,000/yr12 months · AED 80 per sqft
14 Jan 2023RentedNew contract
AED 96,850/yr12 months · AED 48 per sqft
22 Dec 2022Sold by developerReady
AED 1,596,500AED 797 per sqft
14 Nov 2021RentedNew contract
AED 96,857/yr14 months · AED 48 per sqft

Source: Dubai Land Department. Updated 15 November 2025.

Key facts

Type
3-bed apartment
Size
2,001 sqft
Floor
4th of 5
Parking
B-98, B-99
Developer
Union Properties
Completed
2018
Service charge
AED 29,500 /yr
Last sold
AED 1.6M · December 2022
Building
Oia Residence

About 402, Oia Residence

402 is a three-bedroom apartment of 2,001 sqft on the 4th 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 1,596,500, or AED 797 per sqft, 6% above the AED 752 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 15 November 2025, is AED 160,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 29,500 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Oia Residence
1.5M2M2.5M2017202020232026Typical sale price by year: 2017 AED 2,175,303; 2021 AED 2,026,385; 2022 AED 1,625,000; 2023 AED 1,746,526; 2024 AED 2,450,000; 2025 AED 2,185,500; 2026 AED 2,450,000Sold by developer, December 2022: AED 1,596,500 (AED 797 per sqft)

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

Rents
Unit 402, each contractTypical three-bed in Oia Residence
100K150K200K2018202120242027Typical rent by year: 2018 AED 135,000; 2019 AED 133,000; 2020 AED 124,100; 2021 AED 105,749; 2022 AED 115,000; 2023 AED 115,000; 2024 AED 135,500; 2025 AED 155,000; 2026 AED 190,529New contract, November 2021: AED 96,857 a yearNew contract, January 2023: AED 96,850 a yearNew contract, November 2024: AED 160,000 a yearNew contract, November 2025: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Oia Residence, and where 402 sits

All 67 3-beds →

402 last sold in December 2022 at AED 797 per sqft, 6% above what three-beds in Oia Residence were fetching at the time (AED 752). Over the last 12 months three-beds sold for AED 1,941,000 to 3,200,000, around AED 1,045 per sqft, and rent for AED 100,000 to 215,000 a year. 402's AED 160,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20262,490,000
20 Oct 20262,740,000
16 Sep 20262,320,000
26 Aug 20262,700,000
22 3-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 4th floor

All 269 units in Oia Residence
Value
4013-bedAED 825K · Oct 2022
4032-bedAED 1.62M · Jun 2020
4043-bedAED 1.52M · Mar 2022
4052-bedAED 1.25M · May 2022
4062-bedAED 1.13M · Sep 2021
4071-bedAED 1.03M · May 2017
4081-bedAED 1.02M · Jan 2018
1–7 of 47

402, Oia Residence in numbers

  • Sold once: by Union Properties on 22 December 2022 for AED 1,596,500, or AED 797 per sqft.
  • Rented since November 2021 on 4 Ejari contracts, from AED 96,857 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2022 price is 10.0%, before a service charge of about AED 29,500 a year (AED 14.76 per sqft).
  • Three-beds in Oia Residence sold for AED 1,941,000–3,200,000 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 15 November 2025.

Questions about 402, Oia Residence

What did unit 402 last sell for?

AED 1,596,500 on 22 December 2022, sold by the developer: AED 797 per sqft for 2,001 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 160,000 a year on the contract signed on 15 November 2025. The previous contract, from November 2024, was AED 160,000; the unit has been rented since November 2021.

How big is unit 402?

2,001 sqft (185.9 sqm): a three-bedroom apartment on the 4th floor of a 5-storey tower completed in 2018.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Oia Residence sold for AED 1,941,000 to 3,200,000 in the last 12 months, around AED 1,045 per sqft.

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Mortgage on 402, Oia Residence

Starts from the last sale price (AED 1.6M, 22 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,596,500
Deposit, UAE resident (20%)
AED 319,300
Deposit, non-resident (40%)
AED 638,600
Monthly over 25 years at 3.7%
AED 6,532

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