Corner Unit | Marina View | Exclusive | Apartment in Motor City
AED 885,000

AED 1,243 per sqft

Permit Pending Verification

Corner Unit | Marina View | Exclusive | Apartment in Motor City

Motor City, Dubai
Listed 144 days ago
1
Beds
1
Baths
712
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Oia Residences, Motor City. This 712 sqft property offers excellent value at AED 885,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views102
Reference3ee81256-0600-4fa7-b1f7-0d5d93f1361b

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

Premium Property

Positioned above market average

This is a premium-positioned property in Motor City. Asking AED 1,243/sqft vs market average of AED 1,119/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Price Transparency

Estimate
This listing
AED 1,243/sqft
Area benchmark unavailable
Asking priceAED 885,000
DLD transfer fee (4%)AED 35,400
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,949
Agency commission (2%)AED 17,700
Est. total transaction costAED 944,249

Estimates use standard UAE market rates (DLD 4%, trustee 4,200 AED, mortgage reg 0.25% at 75% LTV, agency 2%). Your firm quote is provided in writing before MoU signing and may differ based on property type, buyer profile, and negotiated terms.

Market Comparison

Price benchmarked against area listings & DLD data

Excellent Deal

Exceptional Value - 31% Below Market!

This property is priced significantly below the Motor City average of AED 1800/sqft. You could save AED 396,584 compared to market rate.

Price per sqft comparisonMotor City · 1 BR apartment
This PropertyAED 1,243/sqft
Area AverageAED 1,800/sqft

Area Yield

6.5%

L12M Trend

+2%

PropertyIndex.ae • Updated 2026-02-22

Motor City Market Intelligence

Full Report
Avg Price/SqftAED 895
Active Listings44
Trendup
Price History (per sqft)
AED 837
Dec
AED 956
Jan
AED 851
Feb
AED 963
Mar

Average Price per Sqft by Month

Investment ROI Calculator

Based on 4 rental comparables in Motor City

Excellent Yield
Gross Yield
10%
Excellent Yield
Net Yield
8.79%
After charges
Estimated Rental Income
Monthly
AED 7,375
Annual
AED 88,500
Service Charge: AED 10,680/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average10.9% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 4,135

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 177,000)
5%80%
4.99%
2%8%
Property PriceAED 885,000
Loan AmountAED 708,000
Total InterestAED 532,432
Total Cost (Principal + Interest)AED 1,240,432

Estimated Upfront Costs

Down PaymentAED 177,000
DLD Registration (4%)AED 35,400
Agency Fee (2%)AED 17,700
Total UpfrontAED 230,100

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).

Recent Apartment Transactions

Similar apartments sold in Motor City

AED 559K

Avg. Price

AED 1,138.59

Avg. /sqft

5

Transactions

AED 609K31.2% lower
14 Feb 2026 1 Bed 472 sqftAED 1,291/sqft
Completed Sale
AED 689K22.1% lower
15 Jan 2026 1 Bed 832 sqftAED 829/sqft
Completed Sale
AED 555K37.3% lower
16 Nov 2025 1 Bed 437 sqftAED 1,270/sqft
Completed Sale
AED 318K64.1% lower
16 Nov 2025 1 Bed 430 sqftAED 739/sqft
Completed Sale
AED 626K29.3% lower
16 Nov 2025 1 Bed 400 sqftAED 1,564/sqft
Completed Sale

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