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2-bed · 1,449 sqftOia Residence, Uptown Motorcity · 5th floor · completed 2018

521, Oia Residence

Sold prices and rental history: sold twice, last in February 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 521 · DLD and Ejari recordsUpdated 13 February 2024
Last soldAED 1.85M13 February 2024
Current rentAED 105K /yr10 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 521, Oia Residence

What is 521 worth today?

Last sold for AED 1,850,000 in 2024

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13 Feb 2024SoldReady
AED 1,850,000AED 1,276 per sqft
2 Mar 2022Sold by developerReady
AED 1,353,168AED 934 per sqft
10 Oct 2021RentedNew contract
AED 105,300/yr12 months · AED 73 per sqft
10 Jul 2019RentedNew contract
AED 114,000/yr13 months · AED 79 per sqft

Source: Dubai Land Department. Updated 13 February 2024.

Key facts

Type
2-bed apartment
Size
1,449 sqft
Floor
5th of 5
Parking
B-342
Developer
Union Properties
Completed
2018
Service charge
AED 21,400 /yr
Last sold
AED 1.85M · February 2024
Building
Oia Residence

About 521, Oia Residence

521 is a two-bedroom apartment of 1,449 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 13 February 2024 for AED 1,850,000, or AED 1,276 per sqft, 55% above the AED 825 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 10 October 2021, is AED 105,300 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 21,400 a year.

Sales and rents for 521 over time

Sales
Unit 521, 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, March 2022: AED 1,353,168 (AED 934 per sqft)Sold, February 2024: AED 1,850,000 (AED 1,276 per sqft)

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

Rents
Unit 521, each contractTypical two-bed in Oia Residence
100K120K2018202120242027Typical 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, July 2019: AED 114,000 a yearNew contract, October 2021: AED 105,300 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 521 sits

All 134 2-beds →

521 last sold in February 2024 at AED 1,276 per sqft, 55% above what two-beds in Oia Residence were fetching at the time (AED 825). 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. 521's AED 105,300 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

521, Oia Residence in numbers

  • Sold twice: first on 2 March 2022 for AED 1,353,168, last on 13 February 2024 for AED 1,850,000 (AED 1,276 per sqft).
  • Rented since July 2019 on 2 Ejari contracts, from AED 114,000 to AED 105,300 a year.
  • At AED 105,300 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 21,400 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 13 February 2024.

Questions about 521, Oia Residence

What did unit 521 last sell for?

AED 1,850,000 on 13 February 2024: AED 1,276 per sqft for 1,449 sqft. The unit has 2 registered sales; the first was AED 1,353,168 in March 2022.

What is the rent for unit 521?

AED 105,300 a year on the contract signed on 10 October 2021. The previous contract, from July 2019, was AED 114,000.

How big is unit 521?

1,449 sqft (134.6 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2018.

What is unit 521 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 521, Oia Residence

Starts from the last sale price (AED 1.85M, 13 February 2024). 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 →