Oia Residence
Union Properties · Dubai Motor City · 269 homes · Completed
A completed Union Properties project in Dubai Motor City: 269 homes, handed over in Mar 2020, seven quarters after the Q3 2018 date on the register. Registered resales from Jul 2025 to Jun 2026 had a median of AED 1,050 per sqft, 7% below the launch quarter.
Updated 27 Oct 2026Prices. Quarter by quarter since launch.
Every quarter as a table
| Quarter | Median AED/sqft | Sales |
|---|---|---|
| Q2 2017 | 1,126 | 15 |
| Q4 2017 | 1,148 | 17 |
| Q1 2018 | 1,121 | 15 |
| Q3 2021 | 867 | 77 |
| Q1 2022 | 724 | 15 |
| Q3 2022 | 749 | 22 |
| Q4 2022 | 769 | 50 |
| Q1 2023 | 765 | 11 |
| Q2 2024 | 1,032 | 11 |
| Q4 2024 | 1,100 | 14 |
| Q3 2025 | 1,025 | 13 |
| Q4 2025 | 1,191 | 12 |
| Q1 2026 | 1,050 | 26 |
| Q2 2026 | 972 | 21 |
| Q3 2026 | 1,076 | 12 |
Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.
Promised vs delivered. Launch to today.
44% under the Dubai Motor City median.
The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.
Questions.
When was Oia Residence handed over?
In Mar 2020, when the first ready-market sale was registered. The register declared completion for Q3 2018, so it handed over seven quarters late.
What do homes in Oia Residence sell for?
From Jul 2025 to Jun 2026, 72 homes sold on the register at a median of AED 1,050 per sqft and AED 2.01M per home. By unit type: 1 BR AED 1.1M (9 sales), 2 BR AED 1.82M (30 sales), 3 BR AED 2.2M (22 sales), 4+ BR AED 2.9M (11 sales). These are registered deeds, not the developer's price list.
Who built Oia Residence?
Union Properties. The project is registered to Union Properties on the Dubai Land Department register, which lists 3 projects for the developer in Dubai, 2 of them under construction.
How many homes are in Oia Residence?
269, as counted on the Dubai Land Department register. The declared mix: 48 1 BR, 134 2 BR, 67 3 BR, 20 4+ BR.
