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3-bed · 1,787 sqftOia Residence, Uptown Motorcity · 4th floor · completed 2018

410, Oia Residence

Sold prices and rental history: sold twice, last in April 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 410 · DLD and Ejari recordsUpdated 22 April 2024
Last soldAED 2.1M22 April 2024
Current rentAED 130K /yr15 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 410, Oia Residence

What is 410 worth today?

Last sold for AED 2,100,000 in 2024

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22 Apr 2024SoldReady
AED 2,100,000AED 1,175 per sqft
15 Aug 2023RentedRenewal
AED 130,000/yr12 months · AED 73 per sqft
15 Aug 2022RentedNew contract
AED 130,000/yr12 months · AED 73 per sqft
25 Dec 2017Sold by developerOff-plan
AED 1,924,737AED 1,077 per sqft

Source: Dubai Land Department. Updated 22 April 2024.

Key facts

Type
3-bed apartment
Size
1,787 sqft
Floor
4th of 5
Parking
B-389, B-390
Developer
Union Properties
Completed
2018
Service charge
AED 26,400 /yr
Last sold
AED 2.1M · April 2024
Building
Oia Residence

About 410, Oia Residence

410 is a three-bedroom apartment of 1,787 sqft on the 4th floor of Oia Residence, a 5-storey tower in Uptown Motorcity completed in 2018 by Union Properties. It last sold on 22 April 2024 for AED 2,100,000, or AED 1,175 per sqft, 47% above the AED 797 three-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 15 August 2023, is AED 130,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 26,400 a year.

Sales and rents for 410 over time

Sales
Unit 410, 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 2017: AED 1,924,737 (AED 1,077 per sqft)Sold, April 2024: AED 2,100,000 (AED 1,175 per sqft)

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

Rents
Unit 410, 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, August 2022: AED 130,000 a yearRenewal, August 2023: AED 130,000 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 410 sits

All 67 3-beds →

410 last sold in April 2024 at AED 1,175 per sqft, 47% above what three-beds in Oia Residence were fetching at the time (AED 797). 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. 410's AED 130,000 is in the lower 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
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

410, Oia Residence in numbers

  • Sold twice: first on 25 December 2017 for AED 1,924,737, last on 22 April 2024 for AED 2,100,000 (AED 1,175 per sqft).
  • Rented since August 2022 on 2 Ejari contracts, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 26,400 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 22 April 2024.

Questions about 410, Oia Residence

What did unit 410 last sell for?

AED 2,100,000 on 22 April 2024: AED 1,175 per sqft for 1,787 sqft. The unit has 2 registered sales; the first was AED 1,924,737 in December 2017.

What is the rent for unit 410?

AED 130,000 a year on the contract renewed on 15 August 2023. The previous contract, from August 2022, was AED 130,000.

How big is unit 410?

1,787 sqft (166.0 sqm): a three-bedroom apartment on the 4th floor of a 5-storey tower completed in 2018.

What is unit 410 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 410, Oia Residence

Starts from the last sale price (AED 2.1M, 22 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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