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4-bed · 3,697 sqftOia Residence, Uptown Motorcity · Ground floor · completed 2018

G15, Oia Residence

Sold prices and rental history: sold once, by the developer in August 2021, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G15 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 3.21M5 August 2021
Current rentAED 130K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G15, Oia Residence

What is G15 worth today?

Last sold for AED 3,206,721 in 2021

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1 Sep 2022RentedNew contract
AED 130,000/yr13 months · AED 35 per sqft
5 Aug 2021Sold by developerReady
AED 3,206,721AED 867 per sqft
1 Dec 2020RentedNew contract
AED 136,699/yr13 months · AED 37 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2022.

Key facts

Type
4-bed apartment
Size
3,697 sqft
Floor
Ground of 5
Parking
B-383, B-384
Developer
Union Properties
Completed
2018
Service charge
AED 54,600 /yr
Last sold
AED 3.21M · August 2021
Building
Oia Residence

About G15, Oia Residence

G15 is a four-bedroom apartment of 3,697 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 3,206,721, 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 since 2020 on 2 Ejari contracts. The current contract, signed on 1 September 2022, is AED 130,000 a year: a gross yield of 4.0% on the 2021 price, before the service charge of about AED 54,600 a year.

Sales and rents for G15 over time

Sales
Unit G15, each saleTypical four-bed in Oia Residence
2M3M20212022202320242025Typical 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 3,206,721 (AED 867 per sqft)

G15 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit G15, each contractTypical four-bed in Oia Residence
150K200K2019202120232025Typical 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, December 2020: AED 136,699 a yearNew contract, September 2022: AED 130,000 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 G15 sits

All 19 4-beds →

G15 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

G15, Oia Residence in numbers

  • Sold once: by Union Properties on 5 August 2021 for AED 3,206,721, or AED 867 per sqft.
  • Rented since December 2020 on 2 Ejari contracts, from AED 136,699 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2021 price is 4.0%, before a service charge of about AED 54,600 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 September 2022.

Questions about G15, Oia Residence

What did unit G15 last sell for?

AED 3,206,721 on 5 August 2021, sold by the developer: AED 867 per sqft for 3,697 sqft. It is the only registered sale of the unit.

What is the rent for unit G15?

AED 130,000 a year on the contract signed on 1 September 2022. The previous contract, from December 2020, was AED 136,699.

How big is unit G15?

3,697 sqft (343.5 sqm): a four-bedroom apartment on the ground floor of a 5-storey tower completed in 2018.

What is unit G15 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 G15, Oia Residence

Starts from the last sale price (AED 3.21M, 5 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,206,721
Deposit, UAE resident (20%)
AED 641,344
Deposit, non-resident (40%)
AED 1,282,688
Monthly over 25 years at 3.7%
AED 13,120

Plus AED 139,692 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →