Gallery
Imagery courtesy of Union Properties.
The project
About Oia Residence
Oia Residence is a completed Union Properties building in Motor City with one- to four-bedroom apartments, delivered in 2018.
Asking prices range from about AED 1.1M to 4.4M, with two-bedrooms typically AED 1.75M to 2.1M; registered prices ran roughly AED 930 to 1,490 per sq ft over the year to September 2026.
The building is fully occupied, with rents of AED 80K to 150K per year.
At a glance
Oia Residence key facts
- Developer
- Union Properties
- Community
- Motor City
- Status
- Handover soon
- Handover
- Completed (2018)
- Starting price
- AED 1.1M
- Unit types
- 1 Bedroom, 2 Bedroom, 3 Bedroom, 4 Bedroom
- Ownership
- Freehold — open to all nationalities
Process
How to buy at Oia Residence
- 01
Agree the price
Agree terms with the seller of a unit at Oia Residence, supported by recent Dubai Land Department transactions.
- 02
Form F (MOU)
Buyer and seller sign the RERA Form F memorandum of understanding and a 10% security cheque is lodged.
- 03
Developer NOC
Union Properties issues a No Objection Certificate once any outstanding service charges or instalments are settled.
- 04
Transfer
Transfer takes place at a Dubai Land Department trustee office; the 4% DLD fee is paid and the new title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Spacious family layouts
- Completed and rentable
- Motor City community amenities
What to weigh
- Resale-only
- Original 2018-era specification
- Wide pricing spread across listings
FAQ
Oia Residence — frequently asked questions
What is the starting price of Oia Residence?
Published pricing at Oia Residence starts from AED 1.1M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Oia Residence?
Oia Residence is scheduled for handover in Completed (2018). Off-plan timelines can move, so confirm the current schedule before committing.
Who is the developer of Oia Residence?
Oia Residence is developed by Union Properties in Motor City, Dubai.
What unit types are available at Oia Residence?
Oia Residence offers 1 Bedroom, 2 Bedroom, 3 Bedroom, 4 Bedroom.
Where is Oia Residence located?
Oia Residence is in Motor City, Dubai.
Can foreigners buy at Oia Residence?
Yes. Motor City is a freehold area, so buyers of any nationality can own property at Oia Residence outright.
Does buying at Oia Residence qualify for the UAE Golden Visa?
The entry price of AED 1.1M is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Oia Residence?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 44K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Oia Residence?
MRK Real Estate advises on primary purchases and resales at Oia Residence. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Union Properties before any transaction.
