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4-bed · 3,173 sqftOia Residence, Uptown Motorcity · Ground floor · completed 2018

G12, 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 G12 · DLD and Ejari recordsUpdated 1 March 2023
Last soldAED 2.75M5 August 2021
Current rentAED 126K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G12, Oia Residence

What is G12 worth today?

Last sold for AED 2,752,082 in 2021

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1 Mar 2023RentedRenewal
AED 126,400/yr12 months · AED 40 per sqft
1 Feb 2022RentedRenewal
AED 116,677/yr13 months · AED 37 per sqft
5 Aug 2021Sold by developerReady
AED 2,752,082AED 867 per sqft
1 Jan 2021RentedNew contract
AED 132,400/yr13 months · AED 42 per sqft
15 Oct 2019RentedNew contract
AED 140,800/yr13 months · AED 44 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2023.

Key facts

Type
4-bed apartment
Size
3,173 sqft
Floor
Ground of 5
Parking
B-363, B-364
Developer
Union Properties
Completed
2018
Service charge
AED 46,800 /yr
Last sold
AED 2.75M · August 2021
Building
Oia Residence

About G12, Oia Residence

G12 is a four-bedroom apartment of 3,173 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 2,752,082, 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 4 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 126,400 a year: a gross yield of 4.6% on the 2021 price, before the service charge of about AED 46,800 a year.

Sales and rents for G12 over time

Sales
Unit G12, 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 2,752,082 (AED 867 per sqft)

G12 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit G12, 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, October 2019: AED 140,800 a yearNew contract, January 2021: AED 132,400 a yearRenewal, February 2022: AED 116,677 a yearRenewal, March 2023: AED 126,400 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 G12 sits

All 19 4-beds →

G12 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. 14 sold in the last 12 months.

Typical price per sqft
AED 1,050 Down 4.5%
Typical sale
AED 2.13M
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

G12, Oia Residence in numbers

  • Sold once: by Union Properties on 5 August 2021 for AED 2,752,082, or AED 867 per sqft.
  • Rented since October 2019 on 4 Ejari contracts, from AED 140,800 to AED 126,400 a year.
  • At AED 126,400 a year the gross yield on the 2021 price is 4.6%, before a service charge of about AED 46,800 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 1 March 2023.

Questions about G12, Oia Residence

What did unit G12 last sell for?

AED 2,752,082 on 5 August 2021, sold by the developer: AED 867 per sqft for 3,173 sqft. It is the only registered sale of the unit.

What is the rent for unit G12?

AED 126,400 a year on the contract renewed on 1 March 2023. The previous contract, from February 2022, was AED 116,677; the unit has been rented since October 2019.

How big is unit G12?

3,173 sqft (294.8 sqm): a four-bedroom apartment on the ground floor of a 5-storey tower completed in 2018.

What is unit G12 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 G12, Oia Residence

Starts from the last sale price (AED 2.75M, 5 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,752,082
Deposit, UAE resident (20%)
AED 550,416
Deposit, non-resident (40%)
AED 1,100,833
Monthly over 25 years at 3.7%
AED 11,260

Plus AED 120,597 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →