3-bed · 2,701 sqftOia Residence, Uptown Motorcity · Ground floor · completed 2018

G20, Oia Residence

Sold prices and rental history: sold once, by the developer in August 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G20 · DLD and Ejari recordsUpdated 1 May 2023
Last soldAED 2.34M5 August 2021
Current rentAED 68K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G20, Oia Residence

What is G20 worth today?

Last sold for AED 2,342,646 in 2021

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1 May 2023RentedNew contract
AED 68,414/yr14 months · AED 25 per sqft
2 Jan 2023RentedNew contract
AED 120,000/yr12 months · AED 44 per sqft
31 Dec 2022RentedNew contract
AED 55,238/yr13 months · AED 20 per sqft
15 Sep 2021RentedRenewal
AED 106,154/yr13 months · AED 39 per sqft
5 Aug 2021Sold by developerReady
AED 2,342,646AED 867 per sqft
15 Aug 2020RentedNew contract
AED 122,900/yr13 months · AED 46 per sqft
29 Nov 2019RentedRenewal
AED 156,627/yr2 months · AED 58 per sqft
29 Oct 2018RentedNew contract
AED 142,001/yr13 months · AED 53 per sqft

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

Key facts

Type
3-bed apartment
Size
2,701 sqft
Floor
Ground of 5
Parking
B-156, B-157
Developer
Union Properties
Completed
2018
Service charge
AED 39,900 /yr
Last sold
AED 2.34M · August 2021

About G20, Oia Residence

G20 is a three-bedroom apartment of 2,701 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 2,342,646, or AED 867 per sqft, in line with the AED 867 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 1 May 2023, is AED 68,414 a year: a gross yield of 2.9% on the 2021 price, before the service charge of about AED 39,900 a year.

Sales and rents for G20 over time

Sales
Unit G20, each saleTypical three-bed in Oia Residence
1.5M2M2.5M2017202020232026Typical sale price by year: 2017 AED 2,175,303; 2021 AED 2,027,786; 2022 AED 1,625,000; 2023 AED 1,746,526; 2024 AED 2,450,000; 2025 AED 2,181,250; 2026 AED 2,205,459Sold by developer, August 2021: AED 2,342,646 (AED 867 per sqft)

G20 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit G20, each contractTypical three-bed in Oia Residence
50K100K150K20182020202220242026Typical rent by year: 2018 AED 135,000; 2019 AED 132,000; 2020 AED 123,301; 2021 AED 105,343; 2022 AED 116,800; 2023 AED 115,000; 2024 AED 140,300; 2025 AED 157,500New contract, October 2018: AED 142,001 a yearNew contract, October 2018: AED 131,077 a yearRenewal, November 2019: AED 156,627 a yearNew contract, August 2020: AED 122,900 a yearRenewal, September 2021: AED 106,154 a yearNew contract, December 2022: AED 55,238 a yearNew contract, January 2023: AED 120,000 a yearNew contract, May 2023: AED 68,414 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Oia Residence, and where G20 sits

All 63 3-beds →

G20 last sold in August 2021 at AED 867 per sqft, in line with what three-beds in Oia Residence were fetching at the time (AED 867). Over the last 12 months three-beds sold for AED 1,941,000 to 2,700,000, around AED 1,018 per sqft, and rent for AED 120,000 to 210,000 a year. G20's AED 68,414 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
18 Feb 20262,115,000
18 Feb 20262,472,000
12 Feb 20262,105,987
11 Feb 20262,450,000
8 3-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. 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

G20, Oia Residence in numbers

  • Sold once: by Union Properties on 5 August 2021 for AED 2,342,646, or AED 867 per sqft.
  • Rented since October 2018 on 8 Ejari contracts. The rent fell from AED 131,077 to AED 55,238 in 2022 and recovered to AED 68,414 by May 2023.
  • At AED 68,414 a year the gross yield on the 2021 price is 2.9%, before a service charge of about AED 39,900 a year (AED 14.76 per sqft).
  • Three-beds in Oia Residence sold for AED 1,941,000–2,700,000 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 May 2023.

Questions about G20, Oia Residence

What did unit G20 last sell for?

AED 2,342,646 on 5 August 2021, sold by the developer: AED 867 per sqft for 2,701 sqft. It is the only registered sale of the unit.

What is the rent for unit G20?

AED 68,414 a year on the contract signed on 1 May 2023. The previous contract, from January 2023, was AED 120,000; the unit has been rented since October 2018.

How big is unit G20?

2,701 sqft (250.9 sqm): a three-bedroom apartment on the ground floor of a 5-storey tower completed in 2018.

What is unit G20 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Oia Residence sold for AED 1,941,000 to 2,700,000 in the last 12 months, around AED 1,018 per sqft.

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Mortgage on G20, Oia Residence

Starts from the last sale price (AED 2.34M, 5 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,342,646
Deposit, UAE resident (20%)
AED 468,529
Deposit, non-resident (40%)
AED 937,058
Monthly over 25 years at 3.7%
AED 9,584

Plus AED 103,401 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →