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2-bed · 1,681 sqftOia Residence, Uptown Motorcity · 4th floor · completed 2018

405, Oia Residence

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

Unit 405 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 1.25M24 May 2022
Current rentAED 145K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 405, Oia Residence

What is 405 worth today?

Last sold for AED 1,250,000 in 2022

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1 Jul 2026RentedNew contract
AED 145,000/yr12 months · AED 86 per sqft
20 May 2025RentedNew contract
AED 160,000/yr12 months · AED 95 per sqft
20 May 2025RentedNew contract
AED 160,000/yr12 months · AED 95 per sqft
17 Mar 2025RentedRenewal
AED 135,000/yr2 months · AED 80 per sqft
17 Mar 2025RentedRenewal
AED 135,000/yr2 months · AED 80 per sqft
17 Mar 2024RentedRenewal
AED 125,000/yr12 months · AED 74 per sqft
17 Mar 2023RentedNew contract
AED 125,000/yr12 months · AED 74 per sqft
24 May 2022Sold by developerReady
AED 1,250,000AED 743 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
1,681 sqft
Floor
4th of 5
Parking
B-316
Developer
Union Properties
Completed
2018
Service charge
AED 24,800 /yr
Last sold
AED 1.25M · May 2022
Building
Oia Residence

About 405, Oia Residence

405 is a two-bedroom apartment of 1,681 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 24 May 2022 for AED 1,250,000, or AED 743 per sqft, 14% below the AED 867 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 11 Ejari contracts. The current contract, signed on 1 July 2026, is AED 145,000 a year: a gross yield of 11.6% on the 2022 price, before the service charge of about AED 24,800 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, May 2022: AED 1,250,000 (AED 743 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in Oia Residence
100K150K2018202120242027Typical 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 108,923 a yearNew contract, November 2018: AED 118,001 a yearRenewal, December 2019: AED 113,300 a yearNew contract, January 2022: AED 90,257 a yearNew contract, March 2023: AED 125,000 a yearRenewal, March 2024: AED 125,000 a yearRenewal, March 2025: AED 135,000 a yearRenewal, March 2025: AED 135,000 a yearNew contract, May 2025: AED 160,000 a yearNew contract, May 2025: AED 160,000 a yearNew contract, July 2026: AED 145,000 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 405 sits

All 134 2-beds →

405 last sold in May 2022 at AED 743 per sqft, 14% below what two-beds in Oia Residence were fetching at the time (AED 867). 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. 405's AED 145,000 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 4th floor

All 269 units in Oia Residence
Value
4013-bedAED 825K · Oct 2022
4023-bedAED 1.6M · Dec 2022
4032-bedAED 1.62M · Jun 2020
4043-bedAED 1.52M · Mar 2022
4062-bedAED 1.13M · Sep 2021
4071-bedAED 1.03M · May 2017
4081-bedAED 1.02M · Jan 2018
1–7 of 47

405, Oia Residence in numbers

  • Sold once: by Union Properties on 24 May 2022 for AED 1,250,000, or AED 743 per sqft.
  • Rented since November 2018 on 11 Ejari contracts. The rent fell from AED 118,001 to AED 90,257 in 2022 and recovered to AED 145,000 by July 2026.
  • At AED 145,000 a year the gross yield on the 2022 price is 11.6%, before a service charge of about AED 24,800 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 1 July 2026.

Questions about 405, Oia Residence

What did unit 405 last sell for?

AED 1,250,000 on 24 May 2022, sold by the developer: AED 743 per sqft for 1,681 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 145,000 a year on the contract signed on 1 July 2026. The previous contract, from May 2025, was AED 160,000; the unit has been rented since November 2018.

How big is unit 405?

1,681 sqft (156.2 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2018.

What is unit 405 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 405, Oia Residence

Starts from the last sale price (AED 1.25M, 24 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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