2-bed · 1,335 sqftOia Residence, Uptown Motorcity · 4th floor · completed 2018

416, Oia Residence

Sold prices and rental history: sold once, by the developer in September 2021, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 9 January 2026
Last soldAED 615K7 September 2021
Current rentAED 130K /yr9 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Oia Residence

What is 416 worth today?

Last sold for AED 614,650 in 2021

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9 Jan 2026RentedRenewal
AED 130,000/yr12 months · AED 97 per sqft
7 Sep 2021Sold by developerReady
AED 614,650AED 460 per sqft

Source: Dubai Land Department. Updated 9 January 2026.

Key facts

Type
2-bed apartment
Size
1,335 sqft
Floor
4th of 5
Parking
B-299
Developer
Union Properties
Completed
2018
Service charge
AED 19,700 /yr
Last sold
AED 615K · September 2021

About 416, Oia Residence

416 is a two-bedroom apartment of 1,335 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 September 2021 for AED 614,650, or AED 460 per sqft, 47% below the AED 867 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 January 2026. The current contract, renewed on 9 January 2026, is AED 130,000 a year: a gross yield of 21.1% on the 2021 price, before the service charge of about AED 19,700 a year.

Sales and rents for 416 over time

Sales
Unit 416, each saleTypical two-bed in Oia Residence
1M2M2017202020232026Typical 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, September 2021: AED 614,650 (AED 460 per sqft)

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

Rents
Unit 416, 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 132,500Renewal, January 2026: AED 130,000 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 416 sits

All 134 2-beds →

416 last sold in September 2021 at AED 460 per sqft, 47% 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. 416's AED 130,000 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
4052-bedAED 1.25M · May 2022
4062-bedAED 1.13M · Sep 2021
4071-bedAED 1.03M · May 2017
1–7 of 47

416, Oia Residence in numbers

  • Sold once: by Union Properties on 7 September 2021 for AED 614,650, or AED 460 per sqft.
  • Rented since January 2026 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2021 price is 21.1%, before a service charge of about AED 19,700 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 9 January 2026.

Questions about 416, Oia Residence

What did unit 416 last sell for?

AED 614,650 on 7 September 2021, sold by the developer: AED 460 per sqft for 1,335 sqft. It is the only registered sale of the unit.

What is the rent for unit 416?

AED 130,000 a year on the contract renewed on 9 January 2026.

How big is unit 416?

1,335 sqft (124.0 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2018.

What is unit 416 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 416, Oia Residence

Starts from the last sale price (AED 615K, 7 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 614,650
Deposit, UAE resident (20%)
AED 122,930
Deposit, non-resident (40%)
AED 245,860
Monthly over 25 years at 3.7%
AED 2,515

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