2-bed · 1,652 sqftOia Residence, Uptown Motorcity · 5th floor · completed 2018

509, Oia Residence

Sold prices and rental history: sold twice, last in September 2026, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 8 September 2026
Last soldAED 1.95M8 September 2026
Current rentAED 180K /yr15 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Oia Residence

What is 509 worth today?

Last sold for AED 1,950,000 in 2026

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8 Sep 2026SoldReady
AED 1,950,000AED 1,180 per sqft
15 Jul 2025RentedNew contract
AED 180,000/yr12 months · AED 109 per sqft
15 Apr 2024RentedNew contract
AED 125,000/yr12 months · AED 76 per sqft
15 Apr 2023RentedNew contract
AED 125,000/yr12 months · AED 76 per sqft
16 Nov 2022Sold by developerReady
AED 1,249,500AED 756 per sqft
7 Feb 2022RentedNew contract
AED 87,943/yr14 months · AED 53 per sqft

Source: Dubai Land Department. Updated 8 September 2026.

Key facts

Type
2-bed apartment
Size
1,652 sqft
Floor
5th of 5
Parking
B-388
Developer
Union Properties
Completed
2018
Service charge
AED 24,400 /yr
Last sold
AED 1.95M · September 2026

About 509, Oia Residence

509 is a two-bedroom apartment of 1,652 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 8 September 2026 for AED 1,950,000, or AED 1,180 per sqft, 12% above the AED 1,058 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 15 July 2025, is AED 180,000 a year: a gross yield of 9.2% on the 2026 price, before the service charge of about AED 24,400 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical two-bed in Oia Residence
1.5M2M2017202020232026Typical 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, November 2022: AED 1,249,500 (AED 756 per sqft)Sold, September 2026: AED 1,950,000 (AED 1,180 per sqft)

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

Rents
Unit 509, each contractTypical two-bed in Oia Residence
100K150K2018202120242027Typical 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 132,500New contract, February 2022: AED 87,943 a yearNew contract, April 2023: AED 125,000 a yearNew contract, April 2024: AED 125,000 a yearNew contract, July 2025: AED 180,000 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 509 sits

All 134 2-beds →

509 last sold in September 2026 at AED 1,180 per sqft, 12% above what two-beds in Oia Residence were fetching at the time (AED 1,058). 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. 509's AED 180,000 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
24 Aug 20262,000,000
16 Jul 20261,900,000
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 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
5053-bedAED 2.12M · Oct 2025
5062-bedAED 1.34M · Apr 2025
5073-bedAED 1.52M · Sep 2020
1–7 of 44

509, Oia Residence in numbers

  • Sold twice: first on 16 November 2022 for AED 1,249,500, last on 8 September 2026 for AED 1,950,000 (AED 1,180 per sqft).
  • Rented since February 2022 on 4 Ejari contracts, from AED 87,943 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2026 price is 9.2%, before a service charge of about AED 24,400 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 8 September 2026.

Questions about 509, Oia Residence

What did unit 509 last sell for?

AED 1,950,000 on 8 September 2026: AED 1,180 per sqft for 1,652 sqft. The unit has 2 registered sales; the first was AED 1,249,500 in November 2022.

What is the rent for unit 509?

AED 180,000 a year on the contract signed on 15 July 2025. The previous contract, from April 2024, was AED 125,000; the unit has been rented since February 2022.

How big is unit 509?

1,652 sqft (153.5 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2018.

What is unit 509 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 509, Oia Residence

Starts from the last sale price (AED 1.95M, 8 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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