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1-bed · 867 sqftOia Residence, Uptown Motorcity · 4th floor · completed 2018

419, Oia Residence

Sold prices and rental history: sold once, by the developer in January 2018, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 419 · DLD and Ejari recordsUpdated 1 November 2021
Last soldAED 997K11 January 2018
Current rentAED 58K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 419, Oia Residence

What is 419 worth today?

Last sold for AED 997,197 in 2018

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1 Nov 2021RentedNew contract
AED 58,000/yr12 months · AED 67 per sqft
15 Sep 2020RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft
10 Sep 2019RentedNew contract
AED 67,000/yr12 months · AED 77 per sqft
11 Jan 2018Sold by developerOff-plan
AED 997,197AED 1,149 per sqft

Source: Dubai Land Department. Updated 1 November 2021.

Key facts

Type
1-bed apartment
Size
867 sqft
Floor
4th of 5
Parking
B-146
Developer
Union Properties
Completed
2018
Service charge
AED 12,800 /yr
Last sold
AED 997K · January 2018
Building
Oia Residence

About 419, Oia Residence

419 is a one-bedroom apartment of 867 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 11 January 2018 for AED 997,197, or AED 1,149 per sqft, in line with the AED 1,153 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 November 2021, is AED 58,000 a year: a gross yield of 5.8% on the 2018 price, before the service charge of about AED 12,800 a year.

Sales and rents for 419 over time

Sales
Unit 419, 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, January 2018: AED 997,197 (AED 1,149 per sqft)

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

Rents
Unit 419, 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 67,000 a yearNew contract, September 2020: AED 50,000 a yearNew contract, November 2021: AED 58,000 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 419 sits

All 48 1-beds →

419 last sold in January 2018 at AED 1,149 per sqft, in line with 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. 419's AED 58,000 is at the bottom 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

419, Oia Residence in numbers

  • Sold once: by Union Properties on 11 January 2018 for AED 997,197, or AED 1,149 per sqft.
  • Rented since September 2019 on 3 Ejari contracts. The rent fell from AED 67,000 to AED 50,000 in 2020 and recovered to AED 58,000 by November 2021.
  • At AED 58,000 a year the gross yield on the 2018 price is 5.8%, 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 1 November 2021.

Questions about 419, Oia Residence

What did unit 419 last sell for?

AED 997,197 on 11 January 2018, sold by the developer: AED 1,149 per sqft for 867 sqft. It is the only registered sale of the unit.

What is the rent for unit 419?

AED 58,000 a year on the contract signed on 1 November 2021. The previous contract, from September 2020, was AED 50,000; the unit has been rented since September 2019.

How big is unit 419?

867 sqft (80.5 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2018.

What is unit 419 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.

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Mortgage on 419, Oia Residence

Starts from the last sale price (AED 997K, 11 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 997,197
Deposit, UAE resident (20%)
AED 199,439
Deposit, non-resident (40%)
AED 398,879
Monthly over 25 years at 3.7%
AED 4,080

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