2-bed · 1,816 sqftOia Residence, Uptown Motorcity · 5th floor · completed 2018

518, Oia Residence

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

Unit 518 · DLD and Ejari recordsUpdated 16 July 2025
Last soldAED 1.85M16 July 2025
Current rentAED 90K /yr5 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 518, Oia Residence

What is 518 worth today?

Last sold for AED 1,850,000 in 2025

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16 Jul 2025SoldReady
AED 1,850,000AED 1,018 per sqft
5 Jan 2023RentedRenewal
AED 90,000/yr13 months · AED 50 per sqft
5 Nov 2021RentedNew contract
AED 77,143/yr14 months · AED 42 per sqft
5 Aug 2021Sold by developerReady
AED 1,575,111AED 867 per sqft
24 Jun 2020RentedRenewal
AED 124,000/yr12 months · AED 68 per sqft
24 May 2019RentedNew contract
AED 124,000/yr13 months · AED 68 per sqft

Source: Dubai Land Department. Updated 16 July 2025.

Key facts

Type
2-bed apartment
Size
1,816 sqft
Floor
5th of 5
Parking
B-339
Developer
Union Properties
Completed
2018
Service charge
AED 26,800 /yr
Last sold
AED 1.85M · July 2025

About 518, Oia Residence

518 is a two-bedroom apartment of 1,816 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 July 2025 for AED 1,850,000, or AED 1,018 per sqft, 7% below the AED 1,099 two-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 5 January 2023, is AED 90,000 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 26,800 a year.

Sales and rents for 518 over time

Sales
Unit 518, 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, August 2021: AED 1,575,111 (AED 867 per sqft)Sold, July 2025: AED 1,850,000 (AED 1,018 per sqft)

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

Rents
Unit 518, each contractTypical two-bed in Oia Residence
100K2018202120242027Typical 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, May 2019: AED 124,000 a yearRenewal, June 2020: AED 124,000 a yearNew contract, November 2021: AED 77,143 a yearRenewal, January 2023: AED 90,000 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 518 sits

All 134 2-beds →

518 last sold in July 2025 at AED 1,018 per sqft, 7% below what two-beds in Oia Residence were fetching at the time (AED 1,099). 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. 518's AED 90,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20262,196,700
19 Sep 20262,050,000
8 Sep 20261,950,000
24 Aug 20262,000,000
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

518, Oia Residence in numbers

  • Sold twice: first on 5 August 2021 for AED 1,575,111, last on 16 July 2025 for AED 1,850,000 (AED 1,018 per sqft).
  • Rented since May 2019 on 4 Ejari contracts. The rent fell from AED 124,000 to AED 77,143 in 2021 and recovered to AED 90,000 by January 2023.
  • At AED 90,000 a year the gross yield on the 2025 price is 4.9%, before a service charge of about AED 26,800 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 16 July 2025.

Questions about 518, Oia Residence

What did unit 518 last sell for?

AED 1,850,000 on 16 July 2025: AED 1,018 per sqft for 1,816 sqft. The unit has 2 registered sales; the first was AED 1,575,111 in August 2021.

What is the rent for unit 518?

AED 90,000 a year on the contract renewed on 5 January 2023. The previous contract, from November 2021, was AED 77,143; the unit has been rented since May 2019.

How big is unit 518?

1,816 sqft (168.7 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2018.

What is unit 518 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 518, Oia Residence

Starts from the last sale price (AED 1.85M, 16 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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