3-bed · 2,670 sqftOia Residence, Uptown Motorcity · Ground floor · completed 2018

G32, Oia Residence

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G32 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 2.64M5 September 2024
Current rentAED 101K /yr8 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G32, Oia Residence

What is G32 worth today?

Last sold for AED 2,640,000 in 2024

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5 Sep 2024SoldReady
AED 2,640,000AED 988 per sqft
1 Jun 2023Sold by developerReady
AED 2,031,908AED 760 per sqft
8 Jan 2023RentedRenewal
AED 101,457/yr10 months · AED 38 per sqft
8 Nov 2021RentedNew contract
AED 101,571/yr14 months · AED 38 per sqft
17 Dec 2019RentedNew contract
AED 128,800/yr12 months · AED 48 per sqft
30 Oct 2018RentedNew contract
AED 137,000/yr13 months · AED 51 per sqft

Source: Dubai Land Department. Updated 5 September 2024.

Key facts

Type
3-bed apartment
Size
2,670 sqft
Floor
Ground of 5
Parking
B-217, B-218
Developer
Union Properties
Completed
2018
Service charge
AED 39,400 /yr
Last sold
AED 2.64M · September 2024

About G32, Oia Residence

G32 is a three-bedroom apartment of 2,670 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 5 September 2024 for AED 2,640,000, or AED 988 per sqft, 10% below the AED 1,099 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 8 January 2023, is AED 101,457 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 39,400 a year.

Sales and rents for G32 over time

Sales
Unit G32, 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, June 2023: AED 2,031,908 (AED 760 per sqft)Sold, September 2024: AED 2,640,000 (AED 988 per sqft)

G32 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit G32, 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, October 2018: AED 137,000 a yearNew contract, December 2019: AED 128,800 a yearNew contract, November 2021: AED 101,571 a yearRenewal, January 2023: AED 101,457 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 G32 sits

All 67 3-beds →

G32 last sold in September 2024 at AED 988 per sqft, 10% below 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. G32's AED 101,457 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

G32, Oia Residence in numbers

  • Sold twice: first on 1 June 2023 for AED 2,031,908, last on 5 September 2024 for AED 2,640,000 (AED 988 per sqft).
  • Rented since October 2018 on 4 Ejari contracts, from AED 137,000 to AED 101,457 a year.
  • At AED 101,457 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 39,400 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 5 September 2024.

Questions about G32, Oia Residence

What did unit G32 last sell for?

AED 2,640,000 on 5 September 2024: AED 988 per sqft for 2,670 sqft. The unit has 2 registered sales; the first was AED 2,031,908 in June 2023.

What is the rent for unit G32?

AED 101,457 a year on the contract renewed on 8 January 2023. The previous contract, from November 2021, was AED 101,571; the unit has been rented since October 2018.

How big is unit G32?

2,670 sqft (248.1 sqm): a three-bedroom apartment on the ground floor of a 5-storey tower completed in 2018.

What is unit G32 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 G32, Oia Residence

Starts from the last sale price (AED 2.64M, 5 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,640,000
Deposit, UAE resident (20%)
AED 528,000
Deposit, non-resident (40%)
AED 1,056,000
Monthly over 25 years at 3.7%
AED 10,801

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