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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.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
1 bedAED 85,000917.73%
+0.7 pts
34
2 bedAED 132,250887.35%
-0.3 pts
62
3 bedAED 165,000807.50%
+0.0 pts
25
4+ bedAED 172,500582

Deltas compare each yield with the Motor City median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

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
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
1 bed500m4400.47AED 92,747AED 85,0001.1×8.44%10+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

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
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Oia Residence itself had too few listings of that type to measure.

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

DateTypeSqftPriceAED/sqft
26 Aug 20263 bed2,216AED 2,700,0001,218
26 Aug 20261 bed892AED 975,0001,093
24 Aug 20262 bed1,913AED 2,000,0001,045
6 Aug 20263 bed1,908AED 2,550,0001,336
3 Aug 20262 bed1,796AED 1,760,000980
3 Aug 20262 bed1,672AED 2,060,0001,232
22 Jul 20264+ bed2,936AED 2,900,000988
16 Jul 20262 bed1,793AED 1,900,0001,059
6 Jul 20262 bed1,430AED 1,385,000968
30 Jun 20262 bed1,716AED 2,000,0001,165
29 Jun 20262 bed1,852AED 1,800,000972
17 Jun 20262 bed1,416AED 1,370,000968
9 Jun 20264+ bed2,976AED 2,900,000975
5 Jun 20262 bed1,430AED 1,631,0001,140

14 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
23 Aug 20261 bed909AED 79,57288New
22 Aug 20261 bed805AED 98,000122New
10 Aug 20261 bed916AED 88,00096New
9 Aug 20263 bed2,247AED 165,00073New
4 Aug 20262 bed1,672AED 16,000New
4 Aug 20262 bed1,672AED 160,00096New
1 Aug 20261 bed864AED 69,30080Renewal
1 Aug 20262 bed1,400AED 110,00079Renewal
25 Jul 20262 bed1,675AED 138,00082New
20 Jul 20262 bed1,400AED 145,000104New
18 Jul 20262 bed1,386AED 118,00085New
17 Jul 20261 bed928AED 95,000102Renewal
16 Jul 20262 bed1,399AED 125,00089New
15 Jul 20261 bed924AED 90,00097Renewal
8 Jul 20262 bed1,700AED 137,81581New
1 Jul 20262 bed1,681AED 145,00086New
1 Jul 20264+ bed2,379AED 204,00086Renewal
1 Jul 20262 bed1,919AED 150,00078New
29 Jun 20262 bed1,735AED 70,00040New
25 Jun 20263 bed2,138AED 200,00094New
25 Jun 20262 bed1,784AED 140,00078New
15 Jun 20262 bed1,386AED 130,00094New
15 Jun 20262 bed1,369AED 115,00084New
15 Jun 20261 bed923AED 83,00090New
10 Jun 20261 bed923AED 82,50089New
6 Jun 20262 bed1,486AED 153,333103New
1 Jun 20262 bed1,758AED 140,00080New

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.

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.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

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
Method
Definitions and calculations

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.