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4-bed · 3,003 sqftOia Residence, Uptown Motorcity · Ground floor · completed 2018

G09, Oia Residence

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

Unit G09 · DLD and Ejari recordsUpdated 22 November 2021
Last soldAED 2.01M22 November 2021
Current rentAED 132K /yr3 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G09, Oia Residence

What is G09 worth today?

Last sold for AED 2,011,500 in 2021

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22 Nov 2021Sold by developerReady
AED 2,011,500AED 669 per sqft
3 Nov 2021RentedRenewal
AED 131,500/yr12 months · AED 44 per sqft
3 Nov 2020RentedNew contract
AED 110,000/yr12 months · AED 37 per sqft
17 Nov 2019RentedNew contract
AED 201,150/yr12 months · AED 67 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 November 2021.

Key facts

Type
4-bed apartment
Size
3,003 sqft
Floor
Ground of 5
Parking
B-332, B-333
Developer
Union Properties
Completed
2018
Service charge
AED 44,300 /yr
Last sold
AED 2.01M · November 2021
Building
Oia Residence

About G09, Oia Residence

G09 is a four-bedroom apartment of 3,003 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 22 November 2021 for AED 2,011,500, or AED 669 per sqft, 23% below the AED 867 four-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 3 November 2021, is AED 131,500 a year: a gross yield of 6.5% on the 2021 price, before the service charge of about AED 44,300 a year.

Sales and rents for G09 over time

Sales
Unit G09, 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, November 2021: AED 2,011,500 (AED 669 per sqft)

G09 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit G09, 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, November 2019: AED 201,150 a yearNew contract, November 2020: AED 110,000 a yearRenewal, November 2021: AED 131,500 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 G09 sits

All 19 4-beds →

G09 last sold in November 2021 at AED 669 per sqft, 23% below 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
G074-bedAED 2.53M · Aug 2021
1–7 of 47

G09, Oia Residence in numbers

  • Sold once: by Union Properties on 22 November 2021 for AED 2,011,500, or AED 669 per sqft.
  • Rented since November 2019 on 3 Ejari contracts. The rent fell from AED 201,150 to AED 110,000 in 2020 and recovered to AED 131,500 by November 2021.
  • At AED 131,500 a year the gross yield on the 2021 price is 6.5%, before a service charge of about AED 44,300 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 November 2021.

Questions about G09, Oia Residence

What did unit G09 last sell for?

AED 2,011,500 on 22 November 2021, sold by the developer: AED 669 per sqft for 3,003 sqft. It is the only registered sale of the unit.

What is the rent for unit G09?

AED 131,500 a year on the contract renewed on 3 November 2021. The previous contract, from November 2020, was AED 110,000; the unit has been rented since November 2019.

How big is unit G09?

3,003 sqft (279.0 sqm): a four-bedroom apartment on the ground floor of a 5-storey tower completed in 2018.

What is unit G09 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 G09, Oia Residence

Starts from the last sale price (AED 2.01M, 22 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,011,500
Deposit, UAE resident (20%)
AED 402,300
Deposit, non-resident (40%)
AED 804,600
Monthly over 25 years at 3.7%
AED 8,230

Plus AED 89,493 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →