3-bed · 2,122 sqftOia Residence, Uptown Motorcity · 5th floor · completed 2018

505, Oia Residence

Sold prices and rental history: sold twice, last in October 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 16 October 2025
Last soldAED 2.12M16 October 2025
Current rentAED 115K /yr31 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Oia Residence

What is 505 worth today?

Last sold for AED 2,121,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Oct 2025SoldReady
AED 2,121,000AED 999 per sqft
31 Jan 2023RentedRenewal
AED 115,000/yr12 months · AED 54 per sqft
1 Jan 2022RentedNew contract
AED 106,418/yr13 months · AED 50 per sqft
5 Aug 2021Sold by developerReady
AED 1,840,391AED 867 per sqft
20 May 2020RentedRenewal
AED 133,500/yr12 months · AED 63 per sqft
20 Apr 2019RentedNew contract
AED 142,000/yr13 months · AED 67 per sqft

Source: Dubai Land Department. Updated 16 October 2025.

Key facts

Type
3-bed apartment
Size
2,122 sqft
Floor
5th of 5
Parking
B-336, B-337
Developer
Union Properties
Completed
2018
Service charge
AED 31,300 /yr
Last sold
AED 2.12M · October 2025

About 505, Oia Residence

505 is a three-bedroom apartment of 2,122 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 16 October 2025 for AED 2,121,000, or AED 999 per sqft, 6% below the AED 1,060 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 31 January 2023, is AED 115,000 a year: a gross yield of 5.4% on the 2025 price, before the service charge of about AED 31,300 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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 2021: AED 1,840,391 (AED 867 per sqft)Sold, October 2025: AED 2,121,000 (AED 999 per sqft)

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

Rents
Unit 505, 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, April 2019: AED 142,000 a yearRenewal, May 2020: AED 133,500 a yearNew contract, January 2022: AED 106,418 a yearRenewal, January 2023: AED 115,000 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 505 sits

All 67 3-beds →

505 last sold in October 2025 at AED 999 per sqft, 6% below what three-beds in Oia Residence were fetching at the time (AED 1,060). 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. 505's AED 115,000 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
5023-bedAED 2.45M · Feb 2026
5033-bedAED 2.45M · Jul 2024
5043-bedAED 1.94M · Nov 2025
5062-bedAED 1.34M · Apr 2025
5073-bedAED 1.52M · Sep 2020
5081-bedAED 1.02M · Dec 2017
1–7 of 44

505, Oia Residence in numbers

  • Sold twice: first on 5 August 2021 for AED 1,840,391, last on 16 October 2025 for AED 2,121,000 (AED 999 per sqft).
  • Rented since April 2019 on 4 Ejari contracts, from AED 142,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2025 price is 5.4%, before a service charge of about AED 31,300 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 16 October 2025.

Questions about 505, Oia Residence

What did unit 505 last sell for?

AED 2,121,000 on 16 October 2025: AED 999 per sqft for 2,122 sqft. The unit has 2 registered sales; the first was AED 1,840,391 in August 2021.

What is the rent for unit 505?

AED 115,000 a year on the contract renewed on 31 January 2023. The previous contract, from January 2022, was AED 106,418; the unit has been rented since April 2019.

How big is unit 505?

2,122 sqft (197.1 sqm): a three-bedroom apartment on the 5th floor of a 5-storey tower completed in 2018.

What is unit 505 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.

Selling 505? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 505, Oia Residence

Starts from the last sale price (AED 2.12M, 16 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,121,000
Deposit, UAE resident (20%)
AED 424,200
Deposit, non-resident (40%)
AED 848,400
Monthly over 25 years at 3.7%
AED 8,678

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