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Project · #735 by 12M value

Oia Residence

Uptown Motorcity · Union Properties

Median price per sqft · last 3 months

AED 1,222 /sqft

3M like-for-like
—
vs 1 year ago
—
Sales 30D
2

Market bulletin · Thu, 22 Oct 2026

Oia Residence: 2 sales worth AED 5.23M in 30 days

Oia Residence recorded 2 sales worth AED 5.23M in the 30 days to Thu, 22 Oct 2026, down 33.3% on the previous 30 days. Over the last week 2 sales were registered (AED 5.23M), against 0 the week before.

The median sale over the last three months was AED 2.52M, or AED 1,222/sqft. Monthly medians over the past year ranged from AED 987/sqft to AED 1,144/sqft.

By market over 12 months: secondary (ready) sales 100%.

In Uptown Motorcity, Oia Residence ranked #4 of 11 leading projects by 12-month sales value; it is developed by Union Properties.

Leases registered in the last three months had a median annual rent of AED 123K. The best gross yield is on 1 BR apartments at about 7.5%.

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26—
Sept 26—
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26AED 987
Mar 26AED 1,050
Feb 26AED 1,040
Jan 26—
Dec 25—
Nov 25—
Oct 25AED 1,144
Sept 25—
Aug 25AED 1,025
Jul 25AED 1,020
Jun 25—
May 25—
Apr 25AED 1,023
Mar 25—
Feb 25—
Jan 25—
Dec 24AED 951
Nov 24AED 1,100

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26002
Sept 26001
Aug 26003
Jul 26002
Jun 26003
May 26001
Apr 26007
Mar 26008
Feb 260013
Jan 26000
Dec 25002
Nov 25004

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
WindowSalesvs priorValueAED/sqftvs prior
Last 1 month2down 33.3%AED 5.23M——
Last 3 months6down 40.0%AED 13.5M1,222up 25.8%
Last 6 months16down 48.4%AED 35.1M1,024down 2.5%
Last 12 months48down 28.4%AED 100.0M1,050up 2.4%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Secondary (ready)48100%AED 2.11M1,050up 2.4%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
1 bedroom613%AED 1.14M1,277up 22.1%
2 bedrooms1838%AED 1.88M1,100up 1.0%
3 bedrooms1633%AED 2.48M1,050up 5.0%
4 bedrooms817%AED 2.90M981—
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
Under AED 2M1940%AED 1.49M1,050up 2.6%
AED 2M–10M2960%AED 2.47M1,059down 0.3%

Rents & yields

Leases registered with Ejari / DLD.

Median annual rent

Monthly median of registered leases (new and renewed)

View data table
Median annual rent
DateAnnual rent
Oct 26—
Sept 26AED 130K
Aug 26AED 104K
Jul 26—
Jun 26AED 139K
May 26AED 130K
Apr 26—
Mar 26—
Feb 26—
Jan 26—
Dec 25AED 150K
Nov 25—
Oct 25—
Sept 25AED 96K
Aug 25—
Jul 25AED 88K
Jun 25—
May 25AED 128K
Apr 25AED 107K
Mar 25—
Feb 25—
Jan 25—
Dec 24AED 87K
Nov 24—
Leases (12M)
96
New leases
72.9%
Median rent 3M
AED 123K
Rent/sqft 3M
AED 89
Gross yield
1 BR apartmentsAED 85K / AED 1.14M7.5%
2 BR apartmentsAED 132K / AED 1.88M7.0%
3 BR apartmentsAED 187K / AED 2.48M7.5%
Rent by bedrooms (12M)
BedroomsLeasesMedian rentNew leasesAED/sqft/yr
1 BR19AED 85KAED 85K94
2 BR31AED 132KAED 132K89
3 BR14AED 187KAED 188K86

Competing projects in Uptown Motorcity

Compare

Other projects trading in the same community

Peers
NameSales 12MAED/sqft3M
Sobha Solis Tower BSobha Real Estate1702,015—
Sobha Solis Tower CSobha Real Estate1222,015—
Sobha Solis Tower DSobha Real Estate752,110—
Velos ResidenceCity View Urban Real Estate Development692,049—
Sobha Orbis Tower DSobha Real Estate531,995—
Sobha Solis Tower ASobha Real Estate511,980—
Sobha Orbis Tower CSobha Real Estate282,010—
Barton House 1Union Properties51927—
Sobha Orbis Tower FSobha Real Estate241,938—
Sobha Orbis Tower BSobha Real Estate211,965—

Biggest sales, last 3 months

Biggest sales in Oia Residence
PricePropertyDate
AED 2.74M3 BR Apartment · 2,397 sqftOia Residence · Uptown Motorcity20 Oct
AED 2.70M3 BR Apartment · 2,216 sqftOia Residence · Uptown Motorcity26 Aug
AED 2.55M3 BR Apartment · 1,908 sqftOia Residence · Uptown Motorcity6 Aug
AED 2.49M3 BR Apartment · 2,007 sqftOia Residence · Uptown Motorcity22 Oct
AED 2.05M2 BR Apartment · 1,672 sqftOia Residence · Uptown Motorcity19 Sept
AED 975K1 BR Apartment · 892 sqftOia Residence · Uptown Motorcity26 Aug

Questions about Oia Residence

What is the average price per sqft in Oia Residence?

The median sale price in Oia Residence over the last three months was AED 1,222 per sqft (median sale AED 2.52M), based on 6 sales registered with Dubai Land Department.

How many properties were sold in Oia Residence in the last year?

48 sales worth AED 100.0M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.

What is the average rent in Oia Residence?

The median annual rent on leases registered in the last three months was AED 123K, and the best gross rental yield is about 7.5%.

Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.

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