G23, Oia Residence
Sold prices and rental history: sold once, by the developer in August 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G23, Oia Residence
What is G23 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,216 sqft
- Floor
- Ground of 5
- Parking
- B-269, B-270
- Developer
- Union Properties
- Completed
- 2018
- Service charge
- AED 32,700 /yr
- Last sold
- AED 1.92M · August 2021
- Building
- Oia Residence
About G23, Oia Residence
G23 is a three-bedroom apartment of 2,216 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 1,922,462, 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 2020 on 6 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 113,750 a year: a gross yield of 5.9% on the 2021 price, before the service charge of about AED 32,700 a year.
Sales and rents for G23 over time
G23 has sold once; the dashed line is the three-bed median of each year in the building.
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 G23 sits
All 63 3-beds →G23 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. G23's AED 113,750 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 2,014 sqft | 2,115,000 | 1,050 | ||
| 18 Feb 202618 February 2026 | 2,388 sqft | 2,472,000 | 1,035 | ||
| 12 Feb 202612 February 2026 | 2,339 sqft | 2,105,987 | 900 | ||
| 11 Feb 202611 February 2026 | 1,936 sqft | 2,450,000 | 1,265 |
Oia Residence
Building269 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%
Other units on the ground floor
All 269 units in Oia Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | 3-bed | 2,669 sqft | AED 2.32MAED 2,315,095 · Aug 2021August 2021 | 115,000 /yr | |
| G02 | 3-bed | 2,451 sqft | AED 2.21MAED 2,205,459 · Feb 2026February 2026 | 120,000 /yr | |
| G03 | 4-bed | 2,504 sqft | AED 2.63MAED 2,625,000 · Jun 2024June 2024 | 129,800 /yr | |
| G04 | 4-bed | 2,936 sqft | AED 3.05MAED 3,050,000 · Feb 2026February 2026 | 135,000 /yr | |
| G05 | 4-bed | 2,988 sqft | AED 2.59MAED 2,591,860 · Aug 2021August 2021 | 131,800 /yr | |
| G06 | 3-bed | 1,876 sqft | AED 1.5MAED 1,500,000 · Dec 2022December 2022 | 210,000 /yr | |
| G07 | 4-bed | 2,911 sqft | AED 2.53MAED 2,525,005 · Aug 2021August 2021 | 117,315 /yr | |
| G08 | 3-bed | 2,355 sqft | AED 1.63MAED 1,625,000 · Oct 2022October 2022 | 105,343 /yr | |
| G09 | 4-bed | 3,003 sqft | AED 2.01MAED 2,011,500 · Nov 2021November 2021 | 131,500 /yr | |
| G10 | 3-bed | 2,336 sqft | AED 2.57MAED 2,569,500 · Dec 2024December 2024 | 115,000 /yr | |
| G11 | 4-bed | 2,976 sqft | AED 3.05MAED 3,050,000 · Jul 2025July 2025 | 225,000 /yr | |
| G12 | 4-bed | 3,173 sqft | AED 2.75MAED 2,752,082 · Aug 2021August 2021 | 126,400 /yr | |
| G13 | 4-bed | 2,953 sqft | AED 2MAED 2,000,000 · Apr 2023April 2023 | ||
| G14 | 3-bed | 2,214 sqft | AED 1.65MAED 1,650,000 · Oct 2022October 2022 | 118,800 /yr | |
| G15 | 4-bed | 3,697 sqft | AED 3.21MAED 3,206,721 · Aug 2021August 2021 | 130,000 /yr | |
| G16 | 3-bed | 2,411 sqft | AED 2.09MAED 2,091,098 · Aug 2021August 2021 | 122,900 /yr | |
| G17 | 4-bed | 3,814 sqft | AED 3.8MAED 3,800,000 · Jun 2025June 2025 | 136,700 /yr | |
| G18 | 3-bed | 2,371 sqft | AED 2.61MAED 2,607,594 · Dec 2024December 2024 | 124,600 /yr | |
| G19 | 3-bed | 3,773 sqft | AED 3.27MAED 3,273,013 · Aug 2021August 2021 | 64,286 /yr | |
| G20 | 3-bed | 2,701 sqft | AED 2.34MAED 2,342,646 · Aug 2021August 2021 | 68,414 /yr | |
| G21 | 3-bed | 2,400 sqft | AED 1.94MAED 1,937,620 · Feb 2021February 2021 | ||
| G22 | 3-bed | 2,361 sqft | AED 1.9MAED 1,900,000 · Aug 2021August 2021 | 116,000 /yr | |
| G24 | 2-bed | 1,735 sqft | AED 1.65MAED 1,647,975 · Apr 2025April 2025 | 70,000 /yr | |
| G25 | 2-bed | 1,672 sqft | AED 1.23MAED 1,230,000 · Aug 2022August 2022 | ||
| G26 | 3-bed | 2,216 sqft | AED 1.7MAED 1,699,500 · Dec 2022December 2022 | 155,000 /yr | |
| G27 | 3-bed | 2,111 sqft | AED 1.83MAED 1,831,612 · Aug 2021August 2021 | 115,000 /yr | |
| G28 | 3-bed | 2,035 sqft | AED 2.7MAED 2,700,000 · Dec 2025December 2025 | 120,000 /yr | |
| G29 | 3-bed | 2,465 sqft | AED 1.77MAED 1,765,000 · Nov 2022November 2022 | 103,800 /yr | |
| G30 | 3-bed | 2,427 sqft | AED 2.11MAED 2,105,194 · Aug 2021August 2021 | 137,056 /yr | |
| G31 | 3-bed | 2,386 sqft | AED 2.07MAED 2,069,897 · Aug 2021August 2021 | 120,700 /yr | |
| G32 | 3-bed | 2,670 sqft | AED 2.64MAED 2,640,000 · Sep 2024September 2024 | 101,457 /yr | |
| G33 | 4-bed | 2,501 sqft | AED 2.7MAED 2,700,000 · Jun 2024June 2024 | 131,000 /yr | |
| G34 | 4-bed | 2,936 sqft | AED 2.55MAED 2,547,038 · Aug 2021August 2021 | 131,800 /yr | |
| G35 | 2,976 sqft | AED 2.98MAED 2,976,000 · Sep 2025September 2025 | 124,000 /yr | ||
| G36 | 3-bed | 1,908 sqft | AED 1.5MAED 1,500,000 · Dec 2022December 2022 | 160,000 /yr | |
| G37 | 4-bed | 3,004 sqft | AED 2.61MAED 2,605,957 · Aug 2021August 2021 | 120,000 /yr | |
| G38 | 3-bed | 2,355 sqft | AED 1.67MAED 1,666,000 · Sep 2022September 2022 | 122,365 /yr | |
| G39 | 4-bed | 2,913 sqft | AED 2.15MAED 2,152,500 · Jan 2023January 2023 | 131,800 /yr | |
| G40 | 3-bed | 2,341 sqft | AED 2.35MAED 2,350,000 · Nov 2023November 2023 | 130,560 /yr | |
| G41 | 4-bed | 2,976 sqft | AED 2.28MAED 2,275,000 · Mar 2023March 2023 | 142,000 /yr | |
| G42 | 4-bed | 2,976 sqft | AED 2.58MAED 2,581,303 · Aug 2021August 2021 | 132,700 /yr | |
| G43 | 4-bed | 2,379 sqft | AED 2.45MAED 2,450,000 · May 2024May 2024 | 220,000 /yr | |
| G44 | 3-bed | 2,247 sqft | AED 1.95MAED 1,948,981 · Aug 2021August 2021 | 112,900 /yr | |
| G45 | 3-bed | 2,286 sqft | AED 1.63MAED 1,625,000 · Nov 2022November 2022 | ||
| G46 | 3-bed | 2,439 sqft | AED 1.75MAED 1,750,000 · May 2023May 2023 | 195,000 /yr | |
| G47 | 3-bed | 2,358 sqft | AED 2.05MAED 2,045,061 · Aug 2021August 2021 | 102,400 /yr | |
| G48 | 3-bed | 3,030 sqft | AED 2.63MAED 2,628,650 · Aug 2021August 2021 | 112,600 /yr |
G23, Oia Residence in numbers
- Sold once: by Union Properties on 5 August 2021 for AED 1,922,462, or AED 867 per sqft.
- Rented since January 2020 on 6 Ejari contracts, from AED 128,800 to AED 113,750 a year.
- At AED 113,750 a year the gross yield on the 2021 price is 5.9%, before a service charge of about AED 32,700 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 April 2023.
Questions about G23, Oia Residence
What did unit G23 last sell for?
AED 1,922,462 on 5 August 2021, sold by the developer: AED 867 per sqft for 2,216 sqft. It is the only registered sale of the unit.
What is the rent for unit G23?
AED 113,750 a year on the contract renewed on 1 April 2023. The previous contract, from April 2023, was AED 105,000; the unit has been rented since January 2020.
How big is unit G23?
2,216 sqft (205.9 sqm): a three-bedroom apartment on the ground floor of a 5-storey tower completed in 2018.
What is unit G23 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 G23, Oia Residence
Starts from the last sale price (AED 1.92M, 5 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,922,462
- Deposit, UAE resident (20%)
- AED 384,492
- Deposit, non-resident (40%)
- AED 768,985
- Monthly over 25 years at 3.7%
- AED 7,865
Plus AED 85,753 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →