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Ejari leases to 12 Oct 2026

Oia Residence rents

  • 119 new leases and 79 renewals in 12 months
  • 269 units
  • Motor City
  • near Dubai Internet City

A one-bed here leases for about AED 80,000 a year, 10% above the typical Motor City one-bed. New tenants pay more than renewing ones, who pay AED 73,500.

1 bed · typical new lease

80,000AEDa year

AED 72/sqft · +6.7% on a year

A month, roughly
AED 6,667
Renewal
AED 73,500
vs Motor City 1 bed
10% above the median
New leases, 12 months
52
Buying instead? Oia Residence sale prices →

What should a lease in Oia Residence cost?A one-bed leases for about AED 80,000 a year; new tenants pay 8.8% more than renewing ones

TypeNew leaseRenewalvs Motor CityLeases
1 bedmost leased80,00072/sqft73,50041 renewals10% moretypical 72,50052
2 bed130,00084/sqft120,00027 renewals14% moretypical 113,75048
3 bed175,00081/sqft146,75010 renewals—17
4+ bed222,50074/sqft——2

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Motor City median for the type.

Ask an agent about this rent →

Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A one-bed here now costs 6.7% more than a year earlier: AED 80,000 against 75,000.

Median annual rent, 1 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 1 bed: Feb 2012, AED 47,000; latest, Oct 2026, AED 69,750; peak, May 2025, AED 85,000.

StartTypeSqftAnnual rentAED/sqftContract
10 Oct 20261 bed930AED 65,00070New
30 Sept 20261 bed1,421AED 75,00053New
30 Sept 20262 bed2,668AED 130,00049New
29 Sept 20262 bed1,430AED 120,00084New
27 Sept 20264+ bed3,004AED 220,00073New
26 Sept 20262 bed1,334AED 158,621119New
25 Sept 20261 bed1,421AED 79,00056New
25 Sept 20261 bed1,044AED 62,69760New
25 Sept 20261 bed1,045AED 75,00072New
24 Sept 20261 bed930AED 65,00070New

Showing the 60 most recent of 198 contracts starting on or after 12 Oct 2025.

About Oia ResidenceA 6-floor tower in Motor City, a 19-minute drive from Dubai Marina

Oia Residence is an apartment building completed in 2018 in Motor City with 269 registered units. 198 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Floors
6
Lifts
8
Parking bays
401
Pools
2

Drive times · typical

Downtown
23 min · 23 km
DXB Airport
24 min · 32 km
DIFC
20 min · 26 km
Dubai Marina
19 min · 19 km
Palm Jumeirah
25 min · 23 km

Nearest, as registered

Metro
Dubai Internet City
Mall
Mall of the Emirates
Landmark
Motor City

Letting a unit in Oia Residence?74% of units here signed a yearly lease in 12 months; new tenants pay more than renewing ones

Units on a yearly lease
74%Strength
198 leases, new and renewed, across 269 units
New tenant vs renewal
+21.2%
New leases AED 115,000, renewals 94,875, all types
Short-let instead, one-bed
AED 440
a night on Airbnb; nets 1.0× the yearly rent at 70% occupancy, after fees, cleaning and utilities

Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement

Thinking of selling? Oia Residence sale prices →
Market context in Motor City

Registered sales activity

754 ready apartment sales in the 12 months to 2026-10-12.

+11.1% in median AED/sqft versus the preceding year, supported by 754 current and 991 prior price observations.

Explore sales activity

Planned apartment projects

0 known registered units across 0 pending projects planned within one year of the 2026-07-06 register.

1 projects had already passed their planned date; 0 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

8,216 apartments are planned in Motor City from 2026 to 2028, equal to 4.6 times the 1,767 homes let there today.

Ready prices per sqft fell in 35% of 23 buildings (counted once per bedroom type) in Motor City with sales in both years; the typical one moved +5.1%.

The pooled median moved +11.1%: 6.1 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 55% of 11 buildings (counted once per bedroom type) with leases in both years; the typical one moved −2.0%.

How these are counted
Find service-charge budget evidence for Oia Residence

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

Prices per sq ft around Oia Residence, on the map
Pills show median annual rent, AED. 7 buildings pinned from Google place records and Apple geocoding · Oia Residence is the inverted pinOpen in Apple Maps

Ask about Oia Residence

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Common questions

What is the registered annual rent for a 1 bedroom in Oia Residence?
The median new annual rent is AED 80,000, from 52 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Oia Residence risen or fallen?
The median new annual rent changed +6.7% in the trailing 12 months against the previous 12, using 52 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in Oia Residence pay more than sitting ones?
A new tenant pays +8.8% against a renewing one, across 41 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in Oia Residence?
8 sales were registered with the Dubai Land Department in the last 12 months, alongside 52 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to Oia Residence?
Dubai Internet City, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Mall of the Emirates.

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Oia Residence rental record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
48 registered rental contracts in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term 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 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/motor-city/oia-residence

Stable dataJSON