Oia Residence
A 2 bed in Oia Residence costs a median AED 1.83M and rents long-let for AED 132,250/yr (7.35% gross) — -0.3 pts vs Motor City's 7.61% and +0.4 pts vs Dubai's 6.98% — from 54 sales and 62 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 2 bed
- 31 in 12 months
- Rental contracts · 2 bed
- 31 in 12 months
- Buy
- 1.83MAED
- AED 1,046/sqft
- Long-let
- 132,250AED
- AED 88/sqft · 7.35%
Price per sqft: Median of 9 registered sales of ready units in the last 3 months, most recent August 2026.
Priced off 9 sales in the last 3 months.
- Yield spread
- -0.3 pts
- vs the Motor City median for this unit type
- Turnover upside
- +6.4%
- new tenants pay more than sitting ones — 25 renewals
- AED/yr/sqft
- AED 88
- Sales
- 54
- Rental contracts
- 62
- Renewal rent
- AED 124,332/yr
- 12 months
- +16.7%
- 3 years
- +33.3%+10.1%/yr
Based on 54 sales and 62 rental contracts in the last 24 months.
Oia Residence is an apartment building in Motor City, Dubai, one of the towers in the OIA Residence development. The closest metro station is Dubai Internet City, the nearest mall Mall of the Emirates and the nearest landmark Motor City. Land Department records for it run from 2017 to 2026, 820 registered sales in all — the 54 in the last 24 months are what every median above is computed from.
Rent history
Median annual rent per sqft registered in Oia Residence, by year.
Chart data: Aug 2018, 68 AED/yr/sqft; latest, Aug 2026, 90 AED/yr/sqft; peak, Sep 2025, 96 AED/yr/sqft.
Rents by bedroom type
Deltas compare each yield with the Motor City median for the same unit type. How these yields are computed
How these yields are computed
Short-let rates around Oia Residence
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.46 AED/night/sqft; latest Aug 2027, 0.52 AED/night/sqft; peak Nov 2026, 0.75 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Recent transactions
As filed with the Land Department — data to 2026-08-26.
70 resales in the last 12 months, against 33 a year on average over 2023–2025.
Sales
14 resales in the last 3 months.
Rental contracts
27 contracts starting on or after 26 May 2026.
As registered
The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.
- Floors
- 6
- Flats
- 269
- Lifts
- 8
- Parking bays
- 401
- Swimming pools
- 2
- Flats per lift
- 33.63
- Parking per flat
- 1.49
- Pools per 100 flats
- 0.74
Nearby
- Metro
- Dubai Internet City
- Mall
- Mall of the Emirates
- Landmark
- Motor City
Compare with nearby buildings
The most-traded buildings in Motor City, on the same figures over the same window.
- Eden Apartments · 8.51%
Common questions
- What is the rental yield in Oia Residence?
- Oia Residence returns 7.35% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 62 rental contracts registered in the last 24 months.
- How much does a 2 bedroom in Oia Residence cost?
- The median registered sale price is AED 1.83M (1,100 AED/sqft), from 54 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- What are apartments in Oia Residence selling for right now?
- Registered sales of ready units in Oia Residence over the last 3 months have a median of 1,046 AED/sqft, across 9 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
- Have prices in Oia Residence risen or fallen?
- Median price per square foot moved -3.8% over the last 12 months against the 12 before it, on 54 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does Oia Residence compare with Motor City?
- Its 7.35% gross yield sits -0.3 pts against the Motor City median of 7.61%, computed at the same bedroom grain over the same 24-month window.
Oia Residence rental record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 62 registered rental contracts in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
- Canonical record
- /rent/apartments/dubai/motor-city/oia-residence
Cite as: Dubai Wealth Index. “Oia Residence rents and yield.” Motor City, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/motor-city/oia-residence.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.