3-bed · 1,908 sqftOia Residence, Uptown Motorcity · Ground floor · completed 2018

G36, Oia Residence

Sold prices and rental history: sold once, by the developer in December 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G36 · DLD and Ejari recordsUpdated 2 March 2024
Last soldAED 1.5M22 December 2022
Current rentAED 160K /yr2 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G36, Oia Residence

What is G36 worth today?

Last sold for AED 1,500,000 in 2022

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2 Mar 2024RentedNew contract
AED 160,000/yr12 months · AED 84 per sqft
22 Feb 2023RentedNew contract
AED 107,000/yr12 months · AED 56 per sqft
22 Feb 2023RentedNew contract
AED 107,000/yr12 months · AED 56 per sqft
22 Dec 2022Sold by developerReady
AED 1,500,000AED 785 per sqft
22 Dec 2021RentedNew contract
AED 102,171/yr14 months · AED 54 per sqft
28 Mar 2019RentedNew contract
AED 132,000/yr13 months · AED 69 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 March 2024.

Key facts

Type
3-bed apartment
Size
1,908 sqft
Floor
Ground of 5
Parking
B-212, B-213
Developer
Union Properties
Completed
2018
Service charge
AED 28,200 /yr
Last sold
AED 1.5M · December 2022

About G36, Oia Residence

G36 is a three-bedroom apartment of 1,908 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 December 2022 for AED 1,500,000, or AED 785 per sqft, 5% above the AED 745 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 2 March 2024, is AED 160,000 a year: a gross yield of 10.7% on the 2022 price, before the service charge of about AED 28,200 a year.

Sales and rents for G36 over time

Sales
Unit G36, 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, December 2022: AED 1,500,000 (AED 785 per sqft)

G36 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit G36, each contractTypical three-bed in Oia Residence
100K150K20182020202220242026Typical 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, March 2019: AED 132,000 a yearNew contract, December 2021: AED 102,171 a yearNew contract, February 2023: AED 107,000 a yearNew contract, February 2023: AED 107,000 a yearNew contract, March 2024: AED 160,000 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 G36 sits

All 63 3-beds →

G36 last sold in December 2022 at AED 785 per sqft, 5% above what three-beds in Oia Residence were fetching at the time (AED 745). 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. G36's AED 160,000 is in the lower half 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. 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

G36, Oia Residence in numbers

  • Sold once: by Union Properties on 22 December 2022 for AED 1,500,000, or AED 785 per sqft.
  • Rented since March 2019 on 5 Ejari contracts. The rent fell from AED 132,000 to AED 102,171 in 2021 and recovered to AED 160,000 by March 2024.
  • At AED 160,000 a year the gross yield on the 2022 price is 10.7%, before a service charge of about AED 28,200 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 2 March 2024.

Questions about G36, Oia Residence

What did unit G36 last sell for?

AED 1,500,000 on 22 December 2022, sold by the developer: AED 785 per sqft for 1,908 sqft. It is the only registered sale of the unit.

What is the rent for unit G36?

AED 160,000 a year on the contract signed on 2 March 2024. The previous contract, from February 2023, was AED 107,000; the unit has been rented since March 2019.

How big is unit G36?

1,908 sqft (177.3 sqm): a three-bedroom apartment on the ground floor of a 5-storey tower completed in 2018.

What is unit G36 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 G36, Oia Residence

Starts from the last sale price (AED 1.5M, 22 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →