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1-bed · 805 sqftOia Residence, Uptown Motorcity · 4th floor · completed 2018

423, 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 423 · DLD and Ejari recordsUpdated 22 August 2026
Last soldAED 927K25 December 2017
Current rentAED 98K /yr22 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 423, Oia Residence

What is 423 worth today?

Last sold for AED 926,773 in 2017

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22 Aug 2026RentedNew contract
AED 98,000/yr12 months · AED 121 per sqft
1 Oct 2023RentedRenewal
AED 58,000/yr12 months · AED 72 per sqft
1 Oct 2022RentedRenewal
AED 55,000/yr12 months · AED 68 per sqft
1 Oct 2021RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft
1 Oct 2019RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
25 Dec 2017Sold by developerOff-plan
AED 926,773AED 1,151 per sqft

Source: Dubai Land Department. Updated 22 August 2026.

Key facts

Type
1-bed apartment
Size
805 sqft
Floor
4th of 5
Parking
B-256
Developer
Union Properties
Completed
2018
Service charge
AED 11,900 /yr
Last sold
AED 927K · December 2017
Building
Oia Residence

About 423, Oia Residence

423 is a one-bedroom apartment of 805 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 926,773, or AED 1,151 per sqft, in line with 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 22 August 2026, is AED 98,000 a year: a gross yield of 10.6% on the 2017 price, before the service charge of about AED 11,900 a year.

Sales and rents for 423 over time

Sales
Unit 423, 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 926,773 (AED 1,151 per sqft)

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

Rents
Unit 423, each contractTypical one-bed in Oia Residence
50K75K100K2018202120242027Typical 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, October 2019: AED 60,000 a yearNew contract, October 2021: AED 50,000 a yearRenewal, October 2022: AED 55,000 a yearRenewal, October 2023: AED 58,000 a yearNew contract, August 2026: AED 98,000 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 423 sits

All 48 1-beds →

423 last sold in December 2017 at AED 1,151 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. 423's AED 98,000 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

423, Oia Residence in numbers

  • Sold once: by Union Properties on 25 December 2017 for AED 926,773, or AED 1,151 per sqft.
  • Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 50,000 in 2021 and recovered to AED 98,000 by August 2026.
  • At AED 98,000 a year the gross yield on the 2017 price is 10.6%, before a service charge of about AED 11,900 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 22 August 2026.

Questions about 423, Oia Residence

What did unit 423 last sell for?

AED 926,773 on 25 December 2017, sold by the developer: AED 1,151 per sqft for 805 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 98,000 a year on the contract signed on 22 August 2026. The previous contract, from October 2023, was AED 58,000; the unit has been rented since October 2019.

How big is unit 423?

805 sqft (74.8 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2018.

What is unit 423 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 423, Oia Residence

Starts from the last sale price (AED 927K, 25 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 926,773
Deposit, UAE resident (20%)
AED 185,355
Deposit, non-resident (40%)
AED 370,709
Monthly over 25 years at 3.7%
AED 3,792

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