For rent › Motor City

Oia Residence

What tenants actually pay: the tenancies registered with Ejari, not asking rents. Understand the numbers before you rent.

86 tenancies naming Oia Residence were registered in the last twelve months, below.

McCone Properties

Sam McCone

Sam McCone

Managing Partner

Renting in Oia Residence? Our team can walk you through what these numbers mean for you.

Community
Motor City
Nearest metro
Dubai Internet City Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
Handed over
2020 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
First on record
2017 — an off-plan sale
Sales on record
405 — registered at the Dubai Land Department, the latest October 2026
Off-plan share
12% — 47 bought off-plan from the developer, 358 resales of a completed home

Every recorded sale in Oia Residence — prices, sizes and the year it was handed over →

Living in Motor City — the area guide →

What a home in Oia Residence returns on its rent — the yield calculator →

Recorded rent per sq ft
AED 89
a year · 86 contracts here, 12 months
Mean AED 88 a year
Gross yield
7.8%
2 B/R · its own rents over its own sale prices
Recorded sale price
AED 1,050
per sq ft · 405 sales on record
Handed over
2020
Derived from the register

Recorded rents

What Oia Residence rents for, by layout

Tenancies registered with Ejari that name Oia Residence, last twelve months. Annual rents, medians.

LayoutTypical sizeMedian rentMean rentPer sq ft / yearContracts
1 B/R908 sqft84,00085,2099126
2 B/R1,517 sqft135,000135,4368641
3 B/R2,192 sqft186,500174,5718116

Layouts with fewer than five contracts in the year are left out. 287 contracts name this building on the register since 2023.

For comparison

Recorded rents in Motor City

How Oia Residence sits against its community. The full Motor City rental report →

LayoutMedian rentMean rentNew leaseRenewalPer sq ft / yearContracts
Studio50,00050,21852,00045,32677225
1 B/R72,00072,24574,76970,00072850
2 B/R115,000112,522118,000110,00072551
3 B/R180,000198,479185,000175,00072202
4 B/R263,750301,664270,000262,5007438
5 B/R450,000465,085450,000405,0006812

Rent against price

Gross yield in Oia Residence

Recorded rent per square foot a year over this building's own recorded resale price per square foot. Where the register names the building on enough contracts, its own rents are used; otherwise the rents recorded across Motor City.

LayoutRent / sq ft / yearRent fromSale / sq ftGross yield
4 B/R74Motor City · 389957.5%
3 B/R81This building · 161,0427.8%
1 B/R91This building · 261,0938.4%
2 B/R86This building · 411,1007.8%

Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.

Every tenancy, as registered

Recent contracts in Oia Residence

The latest tenancies registered with Ejari naming this building, newest first.

StartLayoutSizeAnnual rentType
15 Oct 20262 B/R1,416100,000New lease
29 Sept 20262 B/R1,430120,000New lease
27 Sept 20264 B/R3,004220,000New lease
25 Sept 20261 B/R1,04575,000New lease
22 Sept 20261 B/R95285,000Renewal
21 Sept 20262 B/R1,796160,000New lease
15 Sept 20262 B/R1,285120,000New lease
11 Sept 20263 B/R2,007188,000New lease
8 Sept 20262 B/R1,758165,000New lease
3 Sept 20262 B/R1,365125,000New lease
25 Aug 20263 B/R2,439185,000Renewal
23 Aug 20261 B/R90979,572New lease

How often it lets

Contracts per year

New tenancies and renewals naming Oia Residence, stacked.New leaseRenewal

25
104
86
72
2023202420252026

72 contracts in 2026 so far. The 2026 bar is part-year.

Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The municipality’s housing fee on the DEWA bill is 5% of the same registered rent. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 21 Oct 2026.

Nearby

What else to look at in Motor City

The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.

BuildingRecorded salesFirst tradedMedian per sq ft
Sobha Solis Tower Anewest73520251,960
Binghatti Skyterracesnewest81020261,794
Claverton House 1772009925
Widcombe House 31162009903
Dickens Circus 21432009885
Dickens Circus 31322009883
Marlowe House 2852009868
Newbridge Hill 21312009868
Regent House 11632009856
Widcombe House 11402009856

Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.

Moving into Oia Residence? Ejari, the DEWA move-in and your Makani number, explained.

Questions about Oia Residence? Our team is a message away.

Sam McCone

Sam McCone

McCone Properties