3-bed · 1,647 sqftGlitz Residence 2, Dubai Studio City · 3rd floor · completed 2017

309, Glitz Residence 2

Sold prices and rental history: sold once, by the developer in August 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 11 July 2025
Last soldAED 1.5M18 August 2015
Current rentAED 120K /yr11 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Glitz Residence 2

What is 309 worth today?

Last sold for AED 1,495,000 in 2015

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11 Jul 2025RentedRenewal
AED 120,000/yr12 months · AED 73 per sqft
10 Jul 2019RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
15 Apr 2018RentedNew contract
AED 100,000/yr12 months · AED 61 per sqft
18 Aug 2015Sold by developerOff-plan
AED 1,495,000AED 907 per sqft

Source: Dubai Land Department. Updated 11 July 2025.

Key facts

Type
3-bed apartment
Size
1,647 sqft
Floor
3rd of 8
Parking
B-149, B-36
Developer
Danube Properties Development
Completed
2017
Service charge
AED 27,300 /yr
Last sold
AED 1.5M · August 2015

About 309, Glitz Residence 2

309 is a three-bedroom apartment of 1,647 sqft on the 3rd floor of Glitz Residence 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 18 August 2015 for AED 1,495,000, or AED 907 per sqft, in line with the AED 907 three-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 11 July 2025, is AED 120,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 27,300 a year.

Sales and rents for 309 over time

Rents
Unit 309, each contractTypical three-bed in Glitz Residence 2
75K100K125K2018202120242027Typical rent by year: 2018 AED 97,737; 2019 AED 90,000; 2020 AED 85,000; 2021 AED 71,000; 2022 AED 80,000; 2023 AED 81,000; 2024 AED 85,000; 2025 AED 95,000; 2026 AED 103,750New contract, April 2018: AED 100,000 a yearNew contract, July 2019: AED 80,000 a yearRenewal, July 2025: AED 120,000 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 Glitz Residence 2, and where 309 sits

All 14 3-beds →

309 last sold in August 2015 at AED 907 per sqft, in line with what three-beds in Glitz Residence 2 were fetching at the time (AED 907). Over the last 12 months three-beds sold for AED 1,500,000 to 1,650,000, around AED 956 per sqft, and rent for AED 85,000 to 120,000 a year. 309's AED 120,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Sep 20261,650,000
27 Apr 20261,500,000
27 Mar 20251,300,000
22 Apr 20241,200,000
2 3-bed sales in the last 12 months

Glitz Residence 2

Building

146 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 7 sold in the last 12 months.

Typical price per sqft
AED 1,020
Typical sale
AED 790K
Typical rent
AED 60K /yr
Typical yield
7.9%
Glitz Residence 2, Dubai Studio City: prices, sales and rents →

Other units on the 3rd floor

All 146 units in Glitz Residence 2
Value
3011-bedAED 550K · Mar 2020
302StudioAED 253K · Mar 2016
3032-bedAED 900K · Jan 2024
3042-bedAED 1.11M · Aug 2015
305StudioAED 540K · Jul 2026
3061-bedAED 690K · Dec 2024
3071-bedAED 470K · Oct 2019
1–7 of 17

309, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 18 August 2015 for AED 1,495,000, or AED 907 per sqft.
  • Rented since April 2018 on 3 Ejari contracts. The rent fell from AED 100,000 to AED 80,000 in 2019 and recovered to AED 120,000 by July 2025.
  • At AED 120,000 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 27,300 a year (AED 16.56 per sqft).
  • Three-beds in Glitz Residence 2 sold for AED 1,500,000–1,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,020 per sqft.

Source: Dubai Land Department. Updated 11 July 2025.

Questions about 309, Glitz Residence 2

What did unit 309 last sell for?

AED 1,495,000 on 18 August 2015, sold by the developer: AED 907 per sqft for 1,647 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 120,000 a year on the contract renewed on 11 July 2025. The previous contract, from July 2019, was AED 80,000; the unit has been rented since April 2018.

How big is unit 309?

1,647 sqft (153.0 sqm): a three-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Glitz Residence 2 sold for AED 1,500,000 to 1,650,000 in the last 12 months, around AED 956 per sqft.

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Mortgage on 309, Glitz Residence 2

Starts from the last sale price (AED 1.5M, 18 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,495,000
Deposit, UAE resident (20%)
AED 299,000
Deposit, non-resident (40%)
AED 598,000
Monthly over 25 years at 3.7%
AED 6,117

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →