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2-bed · 1,688 sqftOia Residence, Uptown Motorcity · 4th floor · completed 2018

412, Oia Residence

Sold prices and rental history: sold once, by the developer in January 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 7 January 2018
Last soldAED 1.86M7 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 412, Oia Residence

What is 412 worth today?

Last sold for AED 1,858,497 in 2018

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7 Jan 2018Sold by developerOff-plan
AED 1,858,497AED 1,101 per sqft

Source: Dubai Land Department. Updated 7 January 2018.

Key facts

Type
2-bed apartment
Size
1,688 sqft
Floor
4th of 5
Parking
B-368
Developer
Union Properties
Completed
2018
Service charge
AED 24,900 /yr
Last sold
AED 1.86M · January 2018
Building
Oia Residence

About 412, Oia Residence

412 is a two-bedroom apartment of 1,688 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 7 January 2018 for AED 1,858,497, or AED 1,101 per sqft, in line with the AED 1,087 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 412 over time

Sales
Unit 412, 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, January 2018: AED 1,858,497 (AED 1,101 per sqft)

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

Rents
Unit 412, each contractTypical two-bed in Oia Residence
100K120K2018202120242027Typical 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 132,500

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 412 sits

All 134 2-beds →

412 last sold in January 2018 at AED 1,101 per sqft, in line with what two-beds in Oia Residence were fetching at the time (AED 1,087). 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.

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
4052-bedAED 1.25M · May 2022
4062-bedAED 1.13M · Sep 2021
4071-bedAED 1.03M · May 2017
1–7 of 47

412, Oia Residence in numbers

  • Sold once: by Union Properties on 7 January 2018 for AED 1,858,497, or AED 1,101 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 7 January 2018.

Questions about 412, Oia Residence

What did unit 412 last sell for?

AED 1,858,497 on 7 January 2018, sold by the developer: AED 1,101 per sqft for 1,688 sqft. It is the only registered sale of the unit.

How big is unit 412?

1,688 sqft (156.8 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2018.

What is unit 412 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 412, Oia Residence

Starts from the last sale price (AED 1.86M, 7 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,858,497
Deposit, UAE resident (20%)
AED 371,699
Deposit, non-resident (40%)
AED 743,399
Monthly over 25 years at 3.7%
AED 7,604

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