Motor City · Listing

Luxury 3BR | Corner Unit | Vacant | Apartment in Motor City

AED 1,161,000

AED 708 per sqft

Permit Pending Verification

Luxury 3BR | Corner Unit | Vacant | Apartment in Motor City

Motor City, Dubai
4mo ago
3
Beds
3
Baths
1,639
Sqft
apartment
Type

About This Property

Premium 3 bedroom apartment available in Oia Residences, Motor City. This 1639 sqft property offers excellent value at AED 1,161,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views82
Reference0cebda3d-1f84-47c4-b657-bc59ecb05d12

Area & Neighborhood Guide

7.5/10
Investment Score
6.5%
Avg. Yield
+8%
1Y Growth
Moderate
Market
Schools
1
Healthcare
1
Transport
0
Retail
1
Green space
1
Waterfront
0

Nearby Amenities & Landmarks

Motor City Community Center
Local Shopping
Schools
Healthcare
Public Transport
Parks & Recreation
Dining Options

Upcoming Developments

Infrastructure improvements in Motor City
New residential projects
Enhanced community facilities

Demographics

25K+
Residents
35
Avg. Age
70%
Expats

Oia Residences

· Motor City

Deal Score™

AI-powered price analysis vs DLD transactions

7.7/ 10
Great Deal14.7% below market

Priced at AED 708/sqft vs market avg of AED 831/sqft in Motor City. This property is 15% below comparable DLD transactions — a strong investment opportunity.

Asking AED/sqft

AED 708

DLD Market Avg

AED 831

Avg

AED 1,447,200

Median

AED 1,414,000

Range

1161K–1973K

DLD Benchmark
Property priceAED 1,161,000
DLD transfer fee (4%)AED 46,440
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 2,903
Agency commission (2%)AED 23,220
Total to acquireAED 1,237,763

UAE fee schedule (Dubai). Mortgage reg applies only if financed.

Investment ROI Calculator

Based on 4 rental comparables in Motor City

Excellent Yield
Gross Yield
10%
Excellent Yield
Net Yield
7.88%
After charges
Estimated Rental Income
Monthly
AED 9,675
Annual
AED 116,100
Service Charge: AED 24,585/yr15 AED/sqft
AqarSouq AI service-charge estimatemedium confidence
AED 12–18/sqftannual

Area-level fallback: [object Object] · Mid-tier development with standard amenities and facilities typical of newer Dubai communities, moderate maintenance requirements.

Source: AqarSouq AI (Claude). Always verify with the OA / DLD Mollak schedule before transacting.

Capital Appreciation (Dubai)
vs Area Average16.9% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 5,424

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 232,200)
5%80%
4.99%
2%8%
Property PriceAED 1,161,000
Loan AmountAED 928,800
Total InterestAED 698,479
Total Cost (Principal + Interest)AED 1,627,279

Estimated Upfront Costs

Down PaymentAED 232,200
DLD Registration (4%)AED 46,440
Agency Fee (2%)AED 23,220
Total UpfrontAED 301,860

Recent Apartment Transactions

Similar apartments sold in Motor City

AED 1.44M

Avg. Price

AED 866.84

Avg. /sqft

5

Transactions

AED 1.24M6.9% above this listing
8 May 2026 3 Bed 1,508 sqftAED 823/sqft
Completed Sale
AED 1.21M3.9% above this listing
9 Mar 2026 3 Bed 1,310 sqftAED 921/sqft
Completed Sale
AED 1.76M51.7% above this listing
7 Feb 2026 3 Bed 1,916 sqftAED 919/sqft
Completed Sale
AED 1.72M48.2% above this listing
7 Feb 2026 3 Bed 1,798 sqftAED 957/sqft
Completed Sale
AED 1.27M9.5% above this listing
8 Jan 2026 3 Bed 1,781 sqftAED 714/sqft
Completed Sale

Transactions shown are for similar apartments in Motor City. Prices may vary based on floor, view, and finishing.

Regulatory Compliance — Dubai Land Department (RERA)

Permit Required
DLD Permit No.Pending — agent must add
Listed By
Agency
Permit Valid UntilNot provided

Verify this permit: dubailand.gov.ae/trakheesi-service

Alternatively, scan the permit in the official Dubai REST app (iOS & Android).

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