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

533, Oia Residence

Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 533 · DLD and Ejari recordsUpdated 31 August 2022
Last soldAED 1.55M31 August 2022
Current rentAED 97K /yr17 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 533, Oia Residence

What is 533 worth today?

Last sold for AED 1,550,000 in 2022

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31 Aug 2022Sold by developerReady
AED 1,550,000AED 800 per sqft
17 Dec 2021RentedNew contract
AED 96,857/yr14 months · AED 50 per sqft

Source: Dubai Land Department. Updated 31 August 2022.

Key facts

Type
3-bed apartment
Size
1,936 sqft
Floor
5th of 5
Parking
B-261, B-262
Developer
Union Properties
Completed
2018
Service charge
AED 28,600 /yr
Last sold
AED 1.55M · August 2022
Building
Oia Residence

About 533, Oia Residence

533 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. The developer sold it on 31 August 2022 for AED 1,550,000, or AED 800 per sqft, 5% above the AED 763 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 17 December 2021. The current contract, signed on 17 December 2021, is AED 96,857 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 28,600 a year.

Sales and rents for 533 over time

Sales
Unit 533, 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 1,550,000 (AED 800 per sqft)

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

Rents
Unit 533, 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 96,857 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 533 sits

All 67 3-beds →

533 last sold in August 2022 at AED 800 per sqft, 5% above what three-beds in Oia Residence were fetching at the time (AED 763). 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. 533's AED 96,857 is at the bottom 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
5053-bedAED 2.12M · Oct 2025
5062-bedAED 1.34M · Apr 2025
5073-bedAED 1.52M · Sep 2020
1–7 of 44

533, Oia Residence in numbers

  • Sold once: by Union Properties on 31 August 2022 for AED 1,550,000, or AED 800 per sqft.
  • Rented since December 2021 on one Ejari contract, at AED 96,857 a year.
  • At AED 96,857 a year the gross yield on the 2022 price is 6.3%, 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 31 August 2022.

Questions about 533, Oia Residence

What did unit 533 last sell for?

AED 1,550,000 on 31 August 2022, sold by the developer: AED 800 per sqft for 1,936 sqft. It is the only registered sale of the unit.

What is the rent for unit 533?

AED 96,857 a year on the contract signed on 17 December 2021.

How big is unit 533?

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 533 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 533, Oia Residence

Starts from the last sale price (AED 1.55M, 31 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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