Oia Residence

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Union Properties
269
Total Units
269
Sold
⃃ 1,600,300
Median Price
⃃ 960
Median Price /sqft
Construction progress: 100%
Start: Aug, 2016Completion: Jul, 2018

Oia Residence Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

1 Bed48810 sqft - 1,220 sqft⃃ 1.1M (1,240 /sqft)⃃ 1,710 /sqft
-27.38
2 Beds1341,290 sqft - 2,350 sqft⃃ 2M (1,060 /sqft)⃃ 1,610 /sqft
-34.41
3 Beds671,790 sqft - 3,770 sqft⃃ 2.4M (1,040 /sqft)⃃ 1,100 /sqft
-5.47
4 Beds202,380 sqft - 3,810 sqft⃃ 2.9M (980 /sqft)⃃ 1,060 /sqft
-7.56

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
Oia ResidenceAl Hebiah First
Jan 20181.1K1.1K
Feb 2018—889
Mar 2018—883
Apr 2018—826
May 2018—795
Jun 2018—823
Jul 2018—800
Aug 2018—769
Sep 2018—778
Oct 2018—735
Nov 2018—742
Dec 2018—767
Jan 2019—653
Feb 2019—716
Mar 2019—679
Apr 2019—687
May 2019—708
Jun 2019—669
Jul 2019—619
Aug 2019—592
Sep 2019—641
Oct 2019—565
Nov 2019—943
Dec 2019—568
Jan 2020—624
Feb 2020—599
Mar 2020987998
Apr 2020—582
May 2020917649
Jun 2020912780
Jul 20209161.5K
Aug 20208351.2K
Sep 2020865608
Oct 2020844624
Nov 2020849538
Dec 2020831541
Jan 2021842519
Feb 2021807558
Mar 2021—580
Apr 2021—673
May 2021894761
Jun 2021—790
Jul 2021—859
Aug 2021867867
Sep 2021882824
Oct 2021949624
Nov 2021887603
Dec 2021—500
Jan 2022893610
Feb 2022—533
Mar 2022725703
Apr 2022613573
May 2022744666
Jun 2022808585
Jul 2022736585
Aug 2022767635
Sep 2022736628
Oct 2022770677
Nov 2022757709
Dec 2022775700
Jan 2023739550
Feb 2023795530
Mar 2023789729
Apr 20236771.0K
May 2023743879
Jun 2023773836
Jul 20231.3K766
Aug 2023—1.0K
Sep 2023—992
Oct 2023—805
Nov 20231.0K807
Dec 2023—704
Jan 2024825792
Feb 20241.3K791
Mar 2024978806
Apr 20241.2K862
May 20241.0K802
Jun 20241.0K846
Jul 20241.2K836
Aug 20241.1K1.2K
Sep 20241.0K1.8K
Oct 20241.1K1.9K
Nov 20241.1K1.1K
Dec 20241.1K1.9K
Jan 20251.2K1.8K
Feb 20251.1K1.9K
Mar 20251.1K1.9K
Apr 20251.0K1.8K
May 2025—1.9K
Jun 20251.1K2.0K
Jul 20251.0K1.9K
Aug 20251.2K2.0K
Sep 20251.1K1.9K
Oct 20251.1K1.8K
Nov 20251.1K1.9K
Dec 20251.4K1.9K
Jan 2026—1.8K
Feb 20261.0K1.7K
Mar 20261.1K1.7K
Apr 20261.0K1.7K
May 20269041.4K
Jun 20269741.7K
Jul 20269881.7K
Aug 20261.2K1.7K
Sep 20261.2K1.8K
Oct 20261.4K1.5K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
No data found

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
2Apartment1,693 sqft29.37 sqft⃃ 1,281,000⃃ 757 /sqft18, Nov 2022
2Apartment1,778 sqft36.92 sqft⃃ 1,275,000⃃ 717 /sqft04, Jan 2023
3Apartment2,571 sqft61.22 sqft⃃ 2,828,177⃃ 1,100 /sqft14, Mar 2025
3Apartment2,546 sqft60.63 sqft⃃ 2,550,000⃃ 1,002 /sqft24, Nov 2025
3Apartment2,397 sqft56.74 sqft⃃ 2,516,976⃃ 1,050 /sqft03, Mar 2026
3Apartment2,247 sqft42.76 sqft⃃ 2,500,000⃃ 1,113 /sqft29, Aug 2024
3Apartment2,388 sqft44.34 sqft⃃ 2,472,000⃃ 1,035 /sqft18, Feb 2026
3Apartment2,251 sqft42.73 sqft⃃ 2,350,000⃃ 1,044 /sqft14, May 2024
3Apartment2,403 sqft56.69 sqft⃃ 2,327,500⃃ 969 /sqft03, Apr 2025
3Apartment2,070 sqft16.55 sqft⃃ 2,276,648⃃ 1,100 /sqft20, Nov 2024
3Apartment2,014 sqft20.47 sqft⃃ 2,115,000⃃ 1,050 /sqft18, Feb 2026
3Apartment2,136 sqft26.07 sqft⃃ 1,852,718⃃ 867 /sqft05, Aug 2021
3Apartment2,641 sqft76.32 sqft⃃ 1,825,000⃃ 691 /sqft29, Dec 2022
3Apartment2,279 sqft45.3 sqft⃃ 1,750,000⃃ 768 /sqft25, May 2023
3Apartment2,423 sqft58.39 sqft⃃ 1,730,000⃃ 714 /sqft04, Jan 2023

Oia Residence Real Estate Data – FAQ

  • What is the current property supply in Oia Residence?

    Oia Residence has a total residential supply of approximately 27 units. This represents completed and available inventory within the area.

  • How active is the real estate market in Oia Residence?

    Oia Residence recorded 68 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

  • What is the average price /sqft in Oia Residence?

    The median transaction price in Oia Residence is ⃃ 1,050 /sqft , based on actual recorded sales transactions, not listing prices.

  • What rental yield can investors expect in Oia Residence?

    The gross rental yield in Oia Residence is approximately 7%, calculated using median rental income divided by median sale prices for comparable properties.

  • How much have property prices increased in Oia Residence?

    Property prices in Oia Residence have shown a capital appreciation of -4.53% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

  • How many off-plan projects are currently in Oia Residence?

    There are currently 0 active off-plan projects in Oia Residence, reflecting strong developer activity and future supply pipeline.

  • What is the future supply pipeline in Oia Residence?

    The total off-plan pipeline in Oia Residence includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

  • Is Oia Residence a good area for property investment?

    Oia Residence is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around 7%, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Oia Residence, this is 7%, indicating relatively strong income performance compared to global markets.