Corner 2BR | Skyline View | Best Deal | Apartment in Motor City
AED 128,000/year

AED 111 per sqft

Permit Pending Verification

Corner 2BR | Skyline View | Best Deal | Apartment in Motor City

Motor City, Dubai
Listed 99 days ago
2
Beds
2
Baths
1,158
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Oia Tower, Motor City. This 1158 sqft property offers excellent value at AED 971,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeRent
OwnershipFreehold
Views130
Referencebaed7310-32cd-43b4-928f-f2f589919dcb

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

Price Transparency

Estimate
This listing
AED 111/sqft
Area benchmark unavailable
Annual rentAED 128,000
Security deposit (est. 5%)AED 6,400
Ejari registrationAED 220
Agency commission (5% one-off)AED 6,400
Est. first-year cash outlayAED 141,020

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.

Rental Market Comparison

Good Price

Competitive Rental Price

Slightly below market average for Motor City. Fair rental rate.

Save AED 579/month

Area Avg Rent
AED 117
per sqft/year
This Property
AED 111
5% below avg
Area Yield
6.5%
rental return
Monthly
AED 11K
per month

Investor Insight

Est. Property Value

AED 2.1M

Implied Yield

6.14%

Based on area sales PSF of AED 1,800

Rental estimates derived from PropertyIndex.ae yield data • 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

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).

Rental Cost Analysis

Monthly Rent

AED 10,667

Annual: AED 128,000

AED 111/sqft per year

AED 128,000 per year

Estimated Move-in Costs

Security Deposit(5% of annual rent)
AED 6,400
Agency Commission(5% of annual rent)
AED 6,400
DEWA Deposit(Refundable)
AED 2,000
Ejari Registration(One-time fee)
AED 220
Total Move-in CostAED 15,020

Recent Apartment Rental Transactions

Similar apartments rented in Motor City

AED 136K

Avg. Annual Rent

AED 117.39

Avg. /sqft (yr)

5

Rentals

AED 147K15.2% higher
16 Mar 2026 2 Bed 1,158 sqftAED 127/sqft
Rental Agreement
AED 121K5.4% lower
16 Mar 2026 2 Bed 1,158 sqftAED 105/sqft
Rental Agreement
AED 123K4.2% lower
16 Nov 2025 2 Bed 1,158 sqftAED 106/sqft
Rental Agreement
AED 135K5.6% higher
17 Oct 2025 2 Bed 1,158 sqftAED 117/sqft
Rental Agreement
AED 153K19.8% higher
17 Sept 2025 2 Bed 1,158 sqftAED 132/sqft
Rental Agreement

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

Similar Properties

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