3-bed · 1,936 sqftOia Residence, Uptown Motorcity · 5th floor · completed 2018

502, Oia Residence

Sold prices and rental history: sold twice, last in February 2026, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 11 February 2026
Last soldAED 2.45M11 February 2026
Current rentAED 120K /yr7 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Oia Residence

What is 502 worth today?

Last sold for AED 2,450,000 in 2026

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11 Feb 2026SoldReady
AED 2,450,000AED 1,265 per sqft
7 Feb 2023RentedRenewal
AED 119,788/yr5 months · AED 62 per sqft
23 Aug 2022Sold by developerReady
AED 1,500,000AED 774 per sqft
7 Dec 2021RentedNew contract
AED 113,000/yr14 months · AED 58 per sqft
7 Dec 2021RentedNew contract
AED 96,857/yr14 months · AED 50 per sqft

Source: Dubai Land Department. Updated 11 February 2026.

Key facts

Type
3-bed apartment
Size
1,936 sqft
Floor
5th of 5
Parking
B-312, B-313
Developer
Union Properties
Completed
2018
Service charge
AED 28,600 /yr
Last sold
AED 2.45M · February 2026

About 502, Oia Residence

502 is a three-bedroom apartment of 1,936 sqft on the 5th floor of Oia Residence, a 5-storey tower in Uptown Motorcity completed in 2018 by Union Properties. It last sold on 11 February 2026 for AED 2,450,000, or AED 1,265 per sqft, 26% above the AED 1,001 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 7 February 2023, is AED 119,788 a year: a gross yield of 4.9% on the 2026 price, before the service charge of about AED 28,600 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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, August 2022: AED 1,500,000 (AED 774 per sqft)Sold, February 2026: AED 2,450,000 (AED 1,265 per sqft)

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

Rents
Unit 502, 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, December 2021: AED 113,000 a yearNew contract, December 2021: AED 96,857 a yearRenewal, February 2023: AED 119,788 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 502 sits

All 67 3-beds →

502 last sold in February 2026 at AED 1,265 per sqft, 26% above what three-beds in Oia Residence were fetching at the time (AED 1,001). 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. 502's AED 119,788 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 5th floor

All 269 units in Oia Residence
Value
5013-bedAED 1.83M · Aug 2021
5033-bedAED 2.45M · Jul 2024
5043-bedAED 1.94M · Nov 2025
5053-bedAED 2.12M · Oct 2025
5062-bedAED 1.34M · Apr 2025
5073-bedAED 1.52M · Sep 2020
5081-bedAED 1.02M · Dec 2017
1–7 of 44

502, Oia Residence in numbers

  • Sold twice: first on 23 August 2022 for AED 1,500,000, last on 11 February 2026 for AED 2,450,000 (AED 1,265 per sqft).
  • Rented since December 2021 on 3 Ejari contracts, from AED 96,857 to AED 119,788 a year.
  • At AED 119,788 a year the gross yield on the 2026 price is 4.9%, before a service charge of about AED 28,600 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 11 February 2026.

Questions about 502, Oia Residence

What did unit 502 last sell for?

AED 2,450,000 on 11 February 2026: AED 1,265 per sqft for 1,936 sqft. The unit has 2 registered sales; the first was AED 1,500,000 in August 2022.

What is the rent for unit 502?

AED 119,788 a year on the contract renewed on 7 February 2023. The previous contract, from December 2021, was AED 113,000; the unit has been rented since December 2021.

How big is unit 502?

1,936 sqft (179.9 sqm): a three-bedroom apartment on the 5th floor of a 5-storey tower completed in 2018.

What is unit 502 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 502, Oia Residence

Starts from the last sale price (AED 2.45M, 11 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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