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Oia Residence

Completed

by Union Properties · Motor City

Updated 22 October 2026 · Source: DLD open data · Information, not financial advice. Not an official DLD product.

The median sale price in Oia Residence is AED 2.05M (AED 1,050 per sqft), 40% below the Motor City median of AED 1,758 per sqft, from 71 sales in the last 12 months. It is completed and trades as ready homes. The escrow account is at Ajman Bank /P.J.S.C.

Build progress100%
Planned handoverJul 2018
Units269
Median priceAED 2.05Mmiddle half AED 1.70M to AED 2.45M
Price / sqftAED 1,050area median AED 1,758
Sales, 12 months71416 since launch

Schedule check

Completed. Units trade as ready homes.

Progress gap compares build progress with the share of planned time already used. A project 40% built after using 60% of its planned time shows -20 pts.

Registry details

Project number1779
DeveloperUnion Properties
Escrow bankAjman Bank /P.J.S.C
Start date5 April 2016
Registered23 August 2016
DLD areaAl Hebiah First
CommunityMotor City

Compare with other projects in Motor City

ProjectDeveloperStatusMedian pricePrice / sqftSales
Oia ResidenceUnion PropertiesReadyAED 2.05M1,05071
Sobha SolisSobha18%AED 1.11M2,020574
Sobha OrbisSobha18%AED 1.28M1,980273
Casa Flores And Eden ApartmentsNational Properties Owned By National Bonds Corporation Sole Proprietorship Psc Sole ProprietorshipReadyAED 1.19M890115
Binghatti SkyterracesBinghatti Developers0%AED 862K1,842642
Sierra By ImanIman Developers4%AED 1.31M1,680527
Ananda ResidencesTiger Properties3%AED 684K1,302277

Areas: Motor City

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Questions buyers ask

How much does a home in Oia Residence cost?

The median DLD sale price is AED 2.05M (AED 1,050 per sqft), from 71 sales in the last 12 months. The middle half of sales ran from AED 1.70M – AED 2.45M.

Is Oia Residence completed?

Yes. The DLD registry lists the project as completed, so units trade as ready homes.

Who is the developer of Oia Residence?

Union Properties. The DLD registry lists 1 projects by this developer, 1 of them completed.

Ask before you buy off-plan

  • Is the project registered with DLD and is the escrow account in the developer's name at the bank shown here?
  • What share of the price must be paid before the developer allows resale?
  • What does the sale agreement say about delay compensation and the latest handover date?
  • Is the payment plan linked to construction milestones or to calendar dates?
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Source: DLD project registry and sales, via Dubai Data. Data through 22 October 2026. Registry dates can lag official extensions. Source · ZoneIQ gives information, not financial or investment advice. Figures are medians and estimates. Check any unit yourself before you commit.