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4-bed · 2,911 sqftOia Residence, Uptown Motorcity · Ground floor · completed 2018

G07, Oia Residence

Sold prices and rental history: sold once, by the developer in August 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G07 · DLD and Ejari recordsUpdated 22 June 2024
Last soldAED 2.53M5 August 2021
Current rentAED 117K /yr22 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G07, Oia Residence

What is G07 worth today?

Last sold for AED 2,525,005 in 2021

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22 Jun 2024RentedNew contract
AED 117,315/yr13 months · AED 40 per sqft
28 Oct 2022RentedRenewal
AED 132,000/yr13 months · AED 45 per sqft
28 Sep 2021RentedRenewal
AED 121,662/yr13 months · AED 42 per sqft
5 Aug 2021Sold by developerReady
AED 2,525,005AED 867 per sqft
28 Aug 2020RentedNew contract
AED 131,800/yr13 months · AED 45 per sqft
27 Jun 2019RentedNew contract
AED 150,000/yr13 months · AED 52 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 June 2024.

Key facts

Type
4-bed apartment
Size
2,911 sqft
Floor
Ground of 5
Parking
B-304, B-305
Developer
Union Properties
Completed
2018
Service charge
AED 43,000 /yr
Last sold
AED 2.53M · August 2021
Building
Oia Residence

About G07, Oia Residence

G07 is a four-bedroom apartment of 2,911 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 5 August 2021 for AED 2,525,005, or AED 867 per sqft, in line with the AED 867 four-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 22 June 2024, is AED 117,315 a year: a gross yield of 4.7% on the 2021 price, before the service charge of about AED 43,000 a year.

Sales and rents for G07 over time

Sales
Unit G07, each saleTypical four-bed in Oia Residence
2M2.5M20212022202320242025Typical sale price by year: 2021 AED 2,586,582; 2022 AED 2,028,750; 2023 AED 2,000,000; 2024 AED 2,662,500Sold by developer, August 2021: AED 2,525,005 (AED 867 per sqft)

G07 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit G07, each contractTypical four-bed in Oia Residence
100K150K200K2019202120232025Typical rent by year: 2019 AED 142,000; 2020 AED 136,699; 2021 AED 121,440; 2022 AED 131,800; 2023 AED 131,800; 2024 AED 205,000; 2025 AED 215,250New contract, June 2019: AED 150,000 a yearNew contract, August 2020: AED 131,800 a yearRenewal, September 2021: AED 121,662 a yearRenewal, October 2022: AED 132,000 a yearNew contract, June 2024: AED 117,315 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 G07 sits

All 19 4-beds →

G07 last sold in August 2021 at AED 867 per sqft, in line with what four-beds in Oia Residence were fetching at the time (AED 867). Over the last 12 months four-beds sold for AED 3,050,000, around AED 1,038 per sqft, and rent for AED 225,000 to 225,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
11 Feb 20263,050,000
31 Jul 20253,050,000
25 Jun 20253,800,000
20 Jun 20243,010,000
1 4-bed sale 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. 15 sold in the last 12 months.

Typical price per sqft
AED 1,050 Down 4.5%
Typical sale
AED 2.12M
Typical rent
AED 127K /yr
Typical yield
8.7%
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 2.59M · Aug 2021
G063-bedAED 1.5M · Dec 2022
G083-bedAED 1.63M · Oct 2022
1–7 of 47

G07, Oia Residence in numbers

  • Sold once: by Union Properties on 5 August 2021 for AED 2,525,005, or AED 867 per sqft.
  • Rented since June 2019 on 5 Ejari contracts, from AED 150,000 to AED 117,315 a year.
  • At AED 117,315 a year the gross yield on the 2021 price is 4.7%, before a service charge of about AED 43,000 a year (AED 14.76 per sqft).
  • Four-beds in Oia Residence sold for AED 3,050,000–3,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,050 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 22 June 2024.

Questions about G07, Oia Residence

What did unit G07 last sell for?

AED 2,525,005 on 5 August 2021, sold by the developer: AED 867 per sqft for 2,911 sqft. It is the only registered sale of the unit.

What is the rent for unit G07?

AED 117,315 a year on the contract signed on 22 June 2024. The previous contract, from October 2022, was AED 132,000; the unit has been rented since June 2019.

How big is unit G07?

2,911 sqft (270.4 sqm): a four-bedroom apartment on the ground floor of a 5-storey tower completed in 2018.

What is unit G07 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 3,050,000 to 3,050,000 in the last 12 months, around AED 1,038 per sqft.

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Mortgage on G07, Oia Residence

Starts from the last sale price (AED 2.53M, 5 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,525,005
Deposit, UAE resident (20%)
AED 505,001
Deposit, non-resident (40%)
AED 1,010,002
Monthly over 25 years at 3.7%
AED 10,331

Plus AED 111,060 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →