4-bed · 2,976 sqftOia Residence, Uptown Motorcity · Ground floor · completed 2018

G41, Oia Residence

Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from September 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G41 · DLD and Ejari recordsUpdated 24 March 2023
Last soldAED 2.28M24 March 2023
Current rentAED 142K /yr23 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G41, Oia Residence

What is G41 worth today?

Last sold for AED 2,275,000 in 2023

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24 Mar 2023Sold by developerReady
AED 2,275,000AED 764 per sqft
23 Sep 2019RentedNew contract
AED 142,000/yr13 months · AED 48 per sqft

Source: Dubai Land Department. Updated 24 March 2023.

Key facts

Type
4-bed apartment
Size
2,976 sqft
Floor
Ground of 5
Parking
B-198, B-199
Developer
Union Properties
Completed
2018
Service charge
AED 43,900 /yr
Last sold
AED 2.28M · March 2023

About G41, Oia Residence

G41 is a four-bedroom apartment of 2,976 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 March 2023 for AED 2,275,000, or AED 764 per sqft, in line with the AED 755 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 September 2019. The current contract, signed on 23 September 2019, is AED 142,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 43,900 a year.

Sales and rents for G41 over time

Sales
Unit G41, each saleTypical four-bed in Oia Residence
2M2.5M3M2021202320252027Typical 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 2023: AED 2,275,000 (AED 764 per sqft)

G41 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit G41, 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, September 2019: AED 142,000 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 G41 sits

All 20 4-beds →

G41 last sold in March 2023 at AED 764 per sqft, in line with what four-beds in Oia Residence were fetching at the time (AED 755). 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. G41's AED 142,000 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
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

G41, Oia Residence in numbers

  • Sold once: by Union Properties on 24 March 2023 for AED 2,275,000, or AED 764 per sqft.
  • Rented since September 2019 on one Ejari contract, at AED 142,000 a year.
  • At AED 142,000 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 43,900 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 24 March 2023.

Questions about G41, Oia Residence

What did unit G41 last sell for?

AED 2,275,000 on 24 March 2023, sold by the developer: AED 764 per sqft for 2,976 sqft. It is the only registered sale of the unit.

What is the rent for unit G41?

AED 142,000 a year on the contract signed on 23 September 2019.

How big is unit G41?

2,976 sqft (276.5 sqm): a four-bedroom apartment on the ground floor of a 5-storey tower completed in 2018.

What is unit G41 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.

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Mortgage on G41, Oia Residence

Starts from the last sale price (AED 2.28M, 24 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,275,000
Deposit, UAE resident (20%)
AED 455,000
Deposit, non-resident (40%)
AED 910,000
Monthly over 25 years at 3.7%
AED 9,308

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