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3-bed · 2,214 sqftOia Residence, Uptown Motorcity · Ground floor · completed 2018

G14, Oia Residence

Sold prices and rental history: sold once, by the developer in October 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G14 · DLD and Ejari recordsUpdated 24 October 2022
Last soldAED 1.65M24 October 2022
Current rentAED 119K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G14, Oia Residence

What is G14 worth today?

Last sold for AED 1,650,000 in 2022

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24 Oct 2022Sold by developerReady
AED 1,650,000AED 745 per sqft
1 Sep 2022RentedRenewal
AED 118,800/yr12 months · AED 54 per sqft
1 Sep 2022RentedNew contract
AED 118,800/yr12 months · AED 54 per sqft
1 Jul 2021RentedNew contract
AED 101,829/yr14 months · AED 46 per sqft
23 Jul 2019RentedNew contract
AED 129,000/yr13 months · AED 58 per sqft

Source: Dubai Land Department. Updated 24 October 2022.

Key facts

Type
3-bed apartment
Size
2,214 sqft
Floor
Ground of 5
Parking
B-386, B-387
Developer
Union Properties
Completed
2018
Service charge
AED 32,700 /yr
Last sold
AED 1.65M · October 2022
Building
Oia Residence

About G14, Oia Residence

G14 is a three-bedroom apartment of 2,214 sqft on the ground floor of Oia Residence, a 5-storey tower in Uptown Motorcity completed in 2018 by Union Properties. The developer sold it on 24 October 2022 for AED 1,650,000, or AED 745 per sqft, in line with the AED 742 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 118,800 a year: a gross yield of 7.2% on the 2022 price, before the service charge of about AED 32,700 a year.

Sales and rents for G14 over time

Sales
Unit G14, each saleTypical three-bed in Oia Residence
1.5M2M2.5M2017202020232026Typical sale price by year: 2017 AED 2,175,303; 2021 AED 2,026,385; 2022 AED 1,625,000; 2023 AED 1,746,526; 2024 AED 2,450,000; 2025 AED 2,185,500; 2026 AED 2,450,000Sold by developer, October 2022: AED 1,650,000 (AED 745 per sqft)

G14 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit G14, each contractTypical three-bed in Oia Residence
100K150K200K2018202120242027Typical rent by year: 2018 AED 135,000; 2019 AED 133,000; 2020 AED 124,100; 2021 AED 105,749; 2022 AED 115,000; 2023 AED 115,000; 2024 AED 135,500; 2025 AED 155,000; 2026 AED 190,529New contract, July 2019: AED 129,000 a yearNew contract, July 2021: AED 101,829 a yearRenewal, September 2022: AED 118,800 a yearNew contract, September 2022: AED 118,800 a year

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

3-beds in Oia Residence, and where G14 sits

All 67 3-beds →

G14 last sold in October 2022 at AED 745 per sqft, in line with what three-beds in Oia Residence were fetching at the time (AED 742). Over the last 12 months three-beds sold for AED 1,941,000 to 3,200,000, around AED 1,045 per sqft, and rent for AED 100,000 to 215,000 a year. G14's AED 118,800 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20262,490,000
20 Oct 20262,740,000
16 Sep 20262,320,000
26 Aug 20262,700,000
22 3-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
G034-bedAED 2.63M · Jun 2024
G044-bedAED 3.05M · Feb 2026
G054-bedAED 3.16M · Mar 2026
G063-bedAED 1.5M · Dec 2022
G074-bedAED 2.53M · Aug 2021
1–7 of 47

G14, Oia Residence in numbers

  • Sold once: by Union Properties on 24 October 2022 for AED 1,650,000, or AED 745 per sqft.
  • Rented since July 2019 on 4 Ejari contracts. The rent fell from AED 129,000 to AED 101,829 in 2021 and recovered to AED 118,800 by September 2022.
  • At AED 118,800 a year the gross yield on the 2022 price is 7.2%, before a service charge of about AED 32,700 a year (AED 14.76 per sqft).
  • Three-beds in Oia Residence sold for AED 1,941,000–3,200,000 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 24 October 2022.

Questions about G14, Oia Residence

What did unit G14 last sell for?

AED 1,650,000 on 24 October 2022, sold by the developer: AED 745 per sqft for 2,214 sqft. It is the only registered sale of the unit.

What is the rent for unit G14?

AED 118,800 a year on the contract renewed on 1 September 2022. The previous contract, from September 2022, was AED 118,800; the unit has been rented since July 2019.

How big is unit G14?

2,214 sqft (205.7 sqm): a three-bedroom apartment on the ground floor of a 5-storey tower completed in 2018.

What is unit G14 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Oia Residence sold for AED 1,941,000 to 3,200,000 in the last 12 months, around AED 1,045 per sqft.

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Mortgage on G14, Oia Residence

Starts from the last sale price (AED 1.65M, 24 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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