3-bed · 2,371 sqftOia Residence, Uptown Motorcity · Ground floor · completed 2018

G18, Oia Residence

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G18 · DLD and Ejari recordsUpdated 9 December 2024
Last soldAED 2.61M9 December 2024
Current rentAED 125K /yr19 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G18, Oia Residence

What is G18 worth today?

Last sold for AED 2,607,594 in 2024

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9 Dec 2024SoldReady
AED 2,607,594AED 1,099 per sqft
19 Oct 2023RentedRenewal
AED 124,600/yr13 months · AED 53 per sqft
19 Sep 2022RentedRenewal
AED 124,600/yr13 months · AED 53 per sqft
19 Aug 2021RentedRenewal
AED 124,985/yr13 months · AED 53 per sqft
5 Aug 2021Sold by developerReady
AED 2,056,365AED 867 per sqft
19 Jul 2020RentedRenewal
AED 135,400/yr13 months · AED 57 per sqft
19 Jun 2019RentedNew contract
AED 156,435/yr13 months · AED 66 per sqft
5 Apr 2019RentedNew contract
AED 142,000/yr13 months · AED 60 per sqft

Source: Dubai Land Department. Updated 9 December 2024.

Key facts

Type
3-bed apartment
Size
2,371 sqft
Floor
Ground of 5
Parking
B-379, B-380
Developer
Union Properties
Completed
2018
Service charge
AED 35,000 /yr
Last sold
AED 2.61M · December 2024

About G18, Oia Residence

G18 is a three-bedroom apartment of 2,371 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 9 December 2024 for AED 2,607,594, or AED 1,099 per sqft, in line with the AED 1,099 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 19 October 2023, is AED 124,600 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 35,000 a year.

Sales and rents for G18 over time

Sales
Unit G18, 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, August 2021: AED 2,056,365 (AED 867 per sqft)Sold, December 2024: AED 2,607,594 (AED 1,099 per sqft)

G18 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit G18, 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, April 2019: AED 142,000 a yearNew contract, June 2019: AED 156,435 a yearRenewal, July 2020: AED 135,400 a yearRenewal, August 2021: AED 124,985 a yearRenewal, September 2022: AED 124,600 a yearRenewal, October 2023: AED 124,600 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 G18 sits

All 67 3-beds →

G18 last sold in December 2024 at AED 1,099 per sqft, in line with what three-beds in Oia Residence were fetching at the time (AED 1,099). 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. G18's AED 124,600 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

G18, Oia Residence in numbers

  • Sold twice: first on 5 August 2021 for AED 2,056,365, last on 9 December 2024 for AED 2,607,594 (AED 1,099 per sqft).
  • Rented since April 2019 on 6 Ejari contracts, from AED 142,000 to AED 124,600 a year.
  • At AED 124,600 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 35,000 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 9 December 2024.

Questions about G18, Oia Residence

What did unit G18 last sell for?

AED 2,607,594 on 9 December 2024: AED 1,099 per sqft for 2,371 sqft. The unit has 2 registered sales; the first was AED 2,056,365 in August 2021.

What is the rent for unit G18?

AED 124,600 a year on the contract renewed on 19 October 2023. The previous contract, from September 2022, was AED 124,600; the unit has been rented since April 2019.

How big is unit G18?

2,371 sqft (220.3 sqm): a three-bedroom apartment on the ground floor of a 5-storey tower completed in 2018.

What is unit G18 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 G18, Oia Residence

Starts from the last sale price (AED 2.61M, 9 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,607,594
Deposit, UAE resident (20%)
AED 521,519
Deposit, non-resident (40%)
AED 1,043,038
Monthly over 25 years at 3.7%
AED 10,668

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