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3-bed · 2,247 sqftOia Residence, Uptown Motorcity · Ground floor · completed 2018

G44, 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 G44 · DLD and Ejari recordsUpdated 24 May 2023
Last soldAED 1.95M5 August 2021
Current rentAED 113K /yr24 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G44, Oia Residence

What is G44 worth today?

Last sold for AED 1,948,981 in 2021

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24 May 2023RentedRenewal
AED 112,900/yr13 months · AED 50 per sqft
22 Apr 2022RentedRenewal
AED 112,900/yr13 months · AED 50 per sqft
5 Aug 2021Sold by developerReady
AED 1,948,981AED 867 per sqft
22 Mar 2021RentedRenewal
AED 114,554/yr13 months · AED 51 per sqft
22 Mar 2020RentedRenewal
AED 124,100/yr12 months · AED 55 per sqft
22 Feb 2019RentedNew contract
AED 127,938/yr13 months · AED 57 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 May 2023.

Key facts

Type
3-bed apartment
Size
2,247 sqft
Floor
Ground of 5
Parking
B-179, B-178
Developer
Union Properties
Completed
2018
Service charge
AED 33,200 /yr
Last sold
AED 1.95M · August 2021
Building
Oia Residence

About G44, Oia Residence

G44 is a three-bedroom apartment of 2,247 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 1,948,981, 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 2019 on 5 Ejari contracts. The current contract, renewed on 24 May 2023, is AED 112,900 a year: a gross yield of 5.8% on the 2021 price, before the service charge of about AED 33,200 a year.

Sales and rents for G44 over time

Sales
Unit G44, 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 1,948,981 (AED 867 per sqft)

G44 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit G44, each contractTypical three-bed in Oia Residence
100K125K150K20182020202220242026Typical 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, February 2019: AED 127,938 a yearRenewal, March 2020: AED 124,100 a yearRenewal, March 2021: AED 114,554 a yearRenewal, April 2022: AED 112,900 a yearRenewal, May 2023: AED 112,900 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 G44 sits

All 63 3-beds →

G44 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. G44's AED 112,900 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. 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

G44, Oia Residence in numbers

  • Sold once: by Union Properties on 5 August 2021 for AED 1,948,981, or AED 867 per sqft.
  • Rented since February 2019 on 5 Ejari contracts, from AED 127,938 to AED 112,900 a year.
  • At AED 112,900 a year the gross yield on the 2021 price is 5.8%, before a service charge of about AED 33,200 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 24 May 2023.

Questions about G44, Oia Residence

What did unit G44 last sell for?

AED 1,948,981 on 5 August 2021, sold by the developer: AED 867 per sqft for 2,247 sqft. It is the only registered sale of the unit.

What is the rent for unit G44?

AED 112,900 a year on the contract renewed on 24 May 2023. The previous contract, from April 2022, was AED 112,900; the unit has been rented since February 2019.

How big is unit G44?

2,247 sqft (208.8 sqm): a three-bedroom apartment on the ground floor of a 5-storey tower completed in 2018.

What is unit G44 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 G44, Oia Residence

Starts from the last sale price (AED 1.95M, 5 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,948,981
Deposit, UAE resident (20%)
AED 389,796
Deposit, non-resident (40%)
AED 779,592
Monthly over 25 years at 3.7%
AED 7,974

Plus AED 86,867 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →