Cozy Studio | Well Maintained | Ideal Location | Apartment in Motor City
AED 458,000

AED 1,165 per sqft

Permit Pending Verification

Cozy Studio | Well Maintained | Ideal Location | Apartment in Motor City

Motor City, Dubai
Listed 135 days ago
1
Beds
1
Baths
393
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in Oia Residences, Motor City. This 393 sqft property offers excellent value at AED 458,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views47
Reference4ec04c28-8382-4fc6-a1d8-76f7e4afdac2

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 1,165/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 1,165/sqft
Area benchmark unavailable
Asking priceAED 458,000
DLD transfer fee (4%)AED 18,320
Trustee fee (flat)AED 2,100
Mortgage registration (0.25% of 75% LTV)AED 1,149
Agency commission (2%)AED 9,160
Est. total transaction costAED 488,729

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 - 35% Below Market!

This property is priced significantly below the Motor City average of AED 1800/sqft. You could save AED 249,555 compared to market rate.

Price per sqft comparisonMotor City · 1 BR apartment
This PropertyAED 1,165/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
8.71%
After charges
Estimated Rental Income
Monthly
AED 3,817
Annual
AED 45,800
Service Charge: AED 5,895/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average53.9% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,140

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 91,600)
5%80%
4.99%
2%8%
Property PriceAED 458,000
Loan AmountAED 366,400
Total InterestAED 275,541
Total Cost (Principal + Interest)AED 641,941

Estimated Upfront Costs

Down PaymentAED 91,600
DLD Registration (4%)AED 18,320
Agency Fee (2%)AED 9,160
Total UpfrontAED 119,080

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 537K

Avg. Price

AED 1,108.41

Avg. /sqft

5

Transactions

AED 590K28.9% higher
16 Mar 2026 1 Bed 832 sqftAED 709/sqft
Completed Sale
AED 572K24.8% higher
14 Feb 2026 1 Bed 400 sqftAED 1,429/sqft
Completed Sale
AED 544K18.7% higher
15 Jan 2026 1 Bed 472 sqftAED 1,152/sqft
Completed Sale
AED 615K34.3% higher
15 Jan 2026 1 Bed 437 sqftAED 1,408/sqft
Completed Sale
AED 363K20.8% lower
15 Jan 2026 1 Bed 430 sqftAED 844/sqft
Completed Sale

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