4-bed · 2,504 sqftOia Residence, Uptown Motorcity · Ground floor · completed 2018

G03, Oia Residence

Sold prices and rental history: sold twice, last in June 2024, and rented once, from February 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 12 June 2024
Last soldAED 2.63M12 June 2024
Current rentAED 130K /yr17 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Oia Residence

What is G03 worth today?

Last sold for AED 2,625,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Jun 2024SoldReady
AED 2,625,000AED 1,048 per sqft
3 Mar 2022Sold by developerReady
AED 1,800,000AED 718 per sqft
17 Feb 2022RentedNew contract
AED 129,800/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 12 June 2024.

Key facts

Type
4-bed apartment
Size
2,504 sqft
Floor
Ground of 5
Parking
B-104, B-105
Developer
Union Properties
Completed
2018
Service charge
AED 37,000 /yr
Last sold
AED 2.63M · June 2024

About G03, Oia Residence

G03 is a four-bedroom apartment of 2,504 sqft on the ground floor of Oia Residence, a 5-storey tower in Uptown Motorcity completed in 2018 by Union Properties. It last sold on 12 June 2024 for AED 2,625,000, or AED 1,048 per sqft.

One Ejari contract is registered, from 17 February 2022. The current contract, signed on 17 February 2022, is AED 129,800 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 37,000 a year.

Sales and rents for G03 over time

Sales
Unit G03, each saleTypical four-bed in Oia Residence
2M3M2021202320252027Typical sale price by year: 2021 AED 2,581,303; 2022 AED 2,028,750; 2023 AED 2,000,000; 2024 AED 2,662,500; 2025 AED 3,050,000; 2026 AED 2,898,994Sold by developer, March 2022: AED 1,800,000 (AED 718 per sqft)Sold, June 2024: AED 2,625,000 (AED 1,048 per sqft)

G03 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit G03, each contractTypical four-bed in Oia Residence
150K200K20192021202320252027Typical rent by year: 2019 AED 144,700; 2020 AED 131,800; 2021 AED 121,551; 2022 AED 131,800; 2023 AED 129,100; 2024 AED 205,000; 2025 AED 215,250; 2026 AED 220,000New contract, February 2022: AED 129,800 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Oia Residence, and where G03 sits

All 20 4-beds →

Over the last 12 months four-beds sold for AED 1,001,466 to 3,163,712, around AED 980 per sqft, and rent for AED 204,000 to 225,000 a year. G03's AED 129,800 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
22 Jul 20262,900,000
9 Jun 20262,900,000
14 May 20262,739,753
27 Apr 20261,001,466
10 4-bed sales in the last 12 months

Oia Residence

Building

269 apartments, 1-bed to 4-bed over 5 floors in Uptown Motorcity, completed in 2018 by Union Properties. 65 sold in the last 12 months.

Typical price per sqft
AED 1,050 Down 4.5%
Typical sale
AED 2.11M
Typical rent
AED 130K /yr
Typical yield
8.5%
Oia Residence, Uptown Motorcity: prices, sales and rents →

Other units on the ground floor

All 269 units in Oia Residence
Value
G013-bedAED 2.32M · Aug 2021
G023-bedAED 2.21M · Feb 2026
G044-bedAED 3.05M · Feb 2026
G054-bedAED 3.16M · Mar 2026
G063-bedAED 1.5M · Dec 2022
G074-bedAED 2.53M · Aug 2021
G083-bedAED 1.63M · Oct 2022
1–7 of 47

G03, Oia Residence in numbers

  • Sold twice: first on 3 March 2022 for AED 1,800,000, last on 12 June 2024 for AED 2,625,000 (AED 1,048 per sqft).
  • Rented since February 2022 on one Ejari contract, at AED 129,800 a year.
  • At AED 129,800 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 37,000 a year (AED 14.76 per sqft).
  • Four-beds in Oia Residence sold for AED 1,001,466–3,163,712 in the 12 months to November 2026; the building's median across all types is AED 1,050 per sqft.

Source: Dubai Land Department. Updated 12 June 2024.

Questions about G03, Oia Residence

What did unit G03 last sell for?

AED 2,625,000 on 12 June 2024: AED 1,048 per sqft for 2,504 sqft. The unit has 2 registered sales; the first was AED 1,800,000 in March 2022.

What is the rent for unit G03?

AED 129,800 a year on the contract signed on 17 February 2022.

How big is unit G03?

2,504 sqft (232.6 sqm): a four-bedroom apartment on the ground floor of a 5-storey tower completed in 2018.

What is unit G03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Oia Residence sold for AED 1,001,466 to 3,163,712 in the last 12 months, around AED 980 per sqft.

Selling G03? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on G03, Oia Residence

Starts from the last sale price (AED 2.63M, 12 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,625,000
Deposit, UAE resident (20%)
AED 525,000
Deposit, non-resident (40%)
AED 1,050,000
Monthly over 25 years at 3.7%
AED 10,740

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →