Home
Dubai prices
About
Research
1-bed · 869 sqftOia Residence, Uptown Motorcity · 4th floor · completed 2018

409, Oia Residence

Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 10 October 2025
Last soldAED 1.04M25 December 2017
Current rentAED 75K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 409

Property timeline for 409, Oia Residence

What is 409 worth today?

Last sold for AED 1,040,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Oct 2025RentedNew contract
AED 75,000/yr12 months · AED 86 per sqft
15 Oct 2023RentedRenewal
AED 65,000/yr12 months · AED 75 per sqft
15 Oct 2022RentedRenewal
AED 56,000/yr12 months · AED 64 per sqft
15 Oct 2021RentedNew contract
AED 53,000/yr12 months · AED 61 per sqft
11 Sep 2019RentedNew contract
AED 70,000/yr12 months · AED 80 per sqft
25 Dec 2017Sold by developerOff-plan
AED 1,040,000AED 1,196 per sqft

Source: Dubai Land Department. Updated 10 October 2025.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
4th of 5
Parking
B-362
Developer
Union Properties
Completed
2018
Service charge
AED 12,800 /yr
Last sold
AED 1.04M · December 2017
Building
Oia Residence

About 409, Oia Residence

409 is a one-bedroom apartment of 869 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 25 December 2017 for AED 1,040,000, or AED 1,196 per sqft, 4% above the AED 1,153 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 10 October 2025, is AED 75,000 a year: a gross yield of 7.2% on the 2017 price, before the service charge of about AED 12,800 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Oia Residence
750K1M2017202020232026Typical sale price by year: 2017 AED 1,040,000; 2018 AED 1,020,000; 2020 AED 860,000; 2021 AED 977,360; 2022 AED 650,000; 2023 AED 950,000; 2024 AED 875,000; 2025 AED 1,005,000; 2026 AED 1,100,000Sold by developer, December 2017: AED 1,040,000 (AED 1,196 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in Oia Residence
60K80K2018202120242027Typical rent by year: 2018 AED 70,000; 2019 AED 69,500; 2020 AED 55,000; 2021 AED 55,000; 2022 AED 55,000; 2023 AED 64,683; 2024 AED 71,625; 2025 AED 80,000; 2026 AED 82,750New contract, September 2019: AED 70,000 a yearNew contract, October 2021: AED 53,000 a yearRenewal, October 2022: AED 56,000 a yearRenewal, October 2023: AED 65,000 a yearNew contract, October 2025: AED 75,000 a year

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

1-beds in Oia Residence, and where 409 sits

All 48 1-beds →

409 last sold in December 2017 at AED 1,196 per sqft, 4% above what one-beds in Oia Residence were fetching at the time (AED 1,153). Over the last 12 months one-beds sold for AED 975,000 to 1,215,000, around AED 1,237 per sqft, and rent for AED 60,000 to 165,000 a year. 409's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,020,000
26 Aug 2026975,000
14 May 20261,099,350
31 Mar 20261,100,000
8 1-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
4052-bedAED 1.25M · May 2022
4062-bedAED 1.13M · Sep 2021
4071-bedAED 1.03M · May 2017
1–7 of 47

409, Oia Residence in numbers

  • Sold once: by Union Properties on 25 December 2017 for AED 1,040,000, or AED 1,196 per sqft.
  • Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 70,000 to AED 53,000 in 2021 and recovered to AED 75,000 by October 2025.
  • At AED 75,000 a year the gross yield on the 2017 price is 7.2%, before a service charge of about AED 12,800 a year (AED 14.76 per sqft).
  • One-beds in Oia Residence sold for AED 975,000–1,215,000 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 10 October 2025.

Questions about 409, Oia Residence

What did unit 409 last sell for?

AED 1,040,000 on 25 December 2017, sold by the developer: AED 1,196 per sqft for 869 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 75,000 a year on the contract signed on 10 October 2025. The previous contract, from October 2023, was AED 65,000; the unit has been rented since September 2019.

How big is unit 409?

869 sqft (80.7 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2018.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Oia Residence sold for AED 975,000 to 1,215,000 in the last 12 months, around AED 1,237 per sqft.

Selling 409? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 409, Oia Residence

Starts from the last sale price (AED 1.04M, 25 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,000
Deposit, UAE resident (20%)
AED 208,000
Deposit, non-resident (40%)
AED 416,000
Monthly over 25 years at 3.7%
AED 4,255

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