Project
OIA Residence
Oia Residence is a six-storey residential building in Motor City, DubaiLand, Dubai. A completed project of apartments in Motor City, priced below the Motor City median.
01 / Transactions
Latest OIA Residence transactions
02 / About
About OIA Residence
Oia Residence is a six-storey residential building in Motor City, DubaiLand, Dubai.
Oia Residence at a glance
- Area
- Motor City
- Developer
- Union Properties
- Units
- The development contains a total of 269 units
- Unit layouts
- Oia Residence comprises a mix of one- , two- , three- , and four-bedroom apartments as well as 28 duplexes
- Structure
- The substructure contains one basement level which is used for parking
Homes, design and facilities
The building is named after a small town on the Greek island of Santorini which is famous for its blue and white domed houses. This colour theme inspired Oia Residence's blue and white architectural design.
81 of the two-bedroom apartments have a maid’s room as well.
The three- and four-bedroom duplexes have private gardens and terraces providing direct access to the swimming pools.
Architect'snotes: In order to create a distinct architectural vision for the project, AK Design took precedence from the historic Greek Islands in the Mediterranean Sea. The shaping and topography of the project site which demanded a rambling building and which provides an inherent intimacy and sense of community. The scale for this residential scheme can be seen as directly analogous to many of Dubai's new urban fringe lifestyle developments. The master plan aims to address the local environment in terms of orientation and material selections while creating the essence of community through a series of external squares.
Architect's notes: The entire super structure has been completed as well as the installation of MEP services and multiple façades. The community squares are pivotal focal points in this project and work on the related swimming pools and landscaping areas have been completed. Amid all of these site activities, a fully furnished duplex show apartment was previously constructed for marketing purposes. Best practice site procedures for this G+5 project have been implemented to ensure minimum disruption for local residents.
The building was developed at the cost of AED 450 million.
- 24-hour security
- assigned underground parking
- a cafe
- a children's swimming pool
- a gymnasium
- a jogging track
- parks and open spaces
- play areas
- squash courts
- swimming pools
Getting around
- Dubai Mall
- 22 min
- Palm Jumeirah
- 19 min
- Burj Al Arab
- 18 min
- The Walk JBR
- 23 min
Travel times are approximate driving estimates reported by the source and vary with route and traffic.
Construction and handover
Construction began in April 2016. The estimated handover date was December 2017. The project was completed in Jun 2018.
- Construction Started
- April 2016
- Estimated Completion
- December 2017
- Construction Finished
- June 2018
Nearby neighbourhoods
- Studio City0.9 km
- Arjan2.1 km
- Damac Hills2.2 km
- Sports City2.8 km
OIA Residence recorded 58 market sales from 6 Feb 2026 – 19 Sept 2026, at a median price of AED 2,055,000 (AED 1,050/sqft). OIA Residence's median price per sqft (AED 1,050/sqft) is 37% below the Motor City median (AED 1,673/sqft).
03 / Prices
OIA Residence prices by bedrooms
Median prices of market sales by number of bedrooms.
| Bedrooms | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
1 bedroom | 6 | 1.13M AED | 1,194 | |
2 bedrooms | 26 | 1.88M AED | 1,050 | |
3 bedrooms | 16 | 2.31M AED | 1,038 | |
4 bedrooms | 10 | 2.9M AED | 981 |
04 / Rents
Renting in OIA Residence
Medians of the 2 market rents (one property, about a year) among 4 registered contracts. Gross yield: apartment rent per sqft against the sale price per sqft.
- Median rent / yr
- AED 140,000
- Per sqft / yr
- AED 94/sqft
- Gross yield
- —
Market pulse / weekly
OIA Residence price history
Weekly median of market sales (sales, mortgages and gifts are not mixed). Periods without sales are not shown.
Median sale price · AED
Registered market sales only
View data table
| Period | Sales | Median · AED | AED / sqft |
|---|---|---|---|
| Week of 2 Feb 2026Total AED 3,693,459 | 2 | AED 1,846,730 | AED 975/sqft |
| Week of 9 Feb 2026Total AED 9,755,987 | 4 | AED 2,300,000 | AED 1,152/sqft |
| Week of 16 Feb 2026Total AED 9,039,647 | 5 | AED 1,959,000 | AED 1,035/sqft |
| Week of 23 Feb 2026Total AED 8,840,108 | 4 | AED 2,327,788 | AED 1,020/sqft |
| Week of 2 Mar 2026Total AED 9,234,664 | 4 | AED 2,148,988 | AED 1,054/sqft |
| Week of 9 Mar 2026Total AED 4,948,325 | 3 | AED 1,781,325 | AED 1,058/sqft |
| Week of 16 Mar 2026Total AED 1,865,304 | 1 | AED 1,865,304 | AED 1,050/sqft |
| Week of 30 Mar 2026Total AED 10,859,072 | 5 | AED 2,013,900 | AED 1,050/sqft |
| Week of 6 Apr 2026Total AED 2,075,000 | 1 | AED 2,075,000 | AED 1,234/sqft |
| Week of 13 Apr 2026Total AED 4,361,000 | 2 | AED 2,180,500 | AED 1,130/sqft |
| Week of 27 Apr 2026Total AED 10,848,507 | 5 | AED 2,446,064 | AED 806/sqft |
| Week of 11 May 2026Total AED 9,493,294 | 5 | AED 2,169,522 | AED 900/sqft |
| Week of 1 Jun 2026Total AED 1,631,000 | 1 | AED 1,631,000 | AED 1,140/sqft |
| Week of 8 Jun 2026Total AED 2,900,000 | 1 | AED 2,900,000 | AED 975/sqft |
| Week of 15 Jun 2026Total AED 1,370,000 | 1 | AED 1,370,000 | AED 968/sqft |
| Week of 29 Jun 2026Total AED 5,185,000 | 3 | AED 1,800,000 | AED 972/sqft |
| Week of 13 Jul 2026Total AED 1,900,000 | 1 | AED 1,900,000 | AED 1,059/sqft |
| Week of 20 Jul 2026Total AED 2,900,000 | 1 | AED 2,900,000 | AED 988/sqft |
| Week of 27 Jul 2026Total AED 3,820,000 | 2 | AED 1,910,000 | AED 1,106/sqft |
| Week of 3 Aug 2026Total AED 2,550,000 | 1 | AED 2,550,000 | AED 1,336/sqft |
| Week of 24 Aug 2026Total AED 5,675,000 | 3 | AED 2,000,000 | AED 1,093/sqft |
| Week of 7 Sept 2026Total AED 1,950,000 | 1 | AED 1,950,000 | AED 1,181/sqft |
| Week of 14 Sept 2026Total AED 4,370,000 | 2 | AED 2,185,000 | AED 1,094/sqft |
05 / Nearby
Other projects in Motor City
Ranked by number of market sales.
| Project | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
| 516 | 1.31M AED | 1,680 | ||
02 | 125 | 1.43M AED | 1,891 | |
| 102 | 1.11M AED | 1,601 | ||
| 87 | 1.41M AED | 2,015 | ||
05 | 80 | 2.4M AED | 1,908 | |
| 79 | 1.78M AED | 2,080 | ||
| 76 | 1.57M AED | 1,854 | ||
| 62 | 1.23M AED | 2,159 | ||
| 54 | 796.55K AED | 1,540 | ||
| 31 | 1.06M AED | 900 |
06 / Talk to us
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A registered project can include several buildings or phases, so these figures cover the whole project.