2-bed · 1,134 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 2nd floor · completed 2017

221, Glitz Residence 3 Tower 1

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

Unit 221 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 1.08M6 July 2015
Current rentAED 75K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 221, Glitz Residence 3 Tower 1

What is 221 worth today?

Last sold for AED 1,075,000 in 2015

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1 Sep 2025RentedNew contract
AED 75,000/yr12 months · AED 66 per sqft
1 Sep 2023RentedRenewal
AED 63,800/yr12 months · AED 56 per sqft
1 Sep 2022RentedRenewal
AED 63,800/yr12 months · AED 56 per sqft
1 Sep 2021RentedRenewal
AED 63,800/yr12 months · AED 56 per sqft
1 Sep 2020RentedRenewal
AED 63,800/yr12 months · AED 56 per sqft
1 Sep 2019RentedRenewal
AED 63,800/yr12 months · AED 56 per sqft
1 Sep 2018RentedNew contract
AED 78,000/yr12 months · AED 69 per sqft
6 Jul 2015Sold by developerOff-plan
AED 1,075,000AED 947 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
2-bed apartment
Size
1,134 sqft
Floor
2nd of 8
Parking
B-300, B-301
Developer
Danube Properties Development
Completed
2017
Service charge
AED 17,800 /yr
Last sold
AED 1.08M · July 2015

About 221, Glitz Residence 3 Tower 1

221 is a two-bedroom apartment of 1,134 sqft on the 2nd floor of Glitz Residence 3 Tower 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 6 July 2015 for AED 1,075,000, or AED 947 per sqft.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 1 September 2025, is AED 75,000 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 17,800 a year.

Sales and rents for 221 over time

Sales
Unit 221, each saleTypical two-bed in Glitz Residence 3 Tower 1
1M20152018202120242027Typical sale price by year: 2015 AED 1,095,000; 2016 AED 1,115,000; 2017 AED 1,112,500; 2018 AED 1,105,000; 2019 AED 1,019,100; 2023 AED 850,000; 2024 AED 1,000,000; 2025 AED 1,120,000; 2026 AED 1,120,000Sold by developer, July 2015: AED 1,075,000 (AED 947 per sqft)

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

Rents
Unit 221, each contractTypical two-bed in Glitz Residence 3 Tower 1
60K80K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 72,000; 2020 AED 58,000; 2021 AED 54,000; 2022 AED 60,000; 2023 AED 68,250; 2024 AED 71,652; 2025 AED 80,262; 2026 AED 84,000New contract, September 2018: AED 78,000 a yearRenewal, September 2019: AED 63,800 a yearRenewal, September 2020: AED 63,800 a yearRenewal, September 2021: AED 63,800 a yearRenewal, September 2022: AED 63,800 a yearRenewal, September 2023: AED 63,800 a yearNew contract, September 2025: AED 75,000 a year

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

2-beds in Glitz Residence 3 Tower 1, and where 221 sits

All 64 2-beds →

Over the last 12 months two-beds sold for AED 1,060,000 to 1,200,000, around AED 961 per sqft, and rent for AED 65,000 to 97,000 a year. 221's AED 75,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 May 20261,200,000
6 Apr 20261,190,000
6 Apr 20261,170,000
10 Mar 20261,100,000
8 2-bed sales in the last 12 months

Glitz Residence 3 Tower 1

Building

176 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 16 sold in the last 12 months.

Typical price per sqft
AED 987 Down 3.5%
Typical sale
AED 1.09M
Typical rent
AED 63K /yr
Typical yield
7.9%
Glitz Residence 3 Tower 1, Dubai Studio City: prices, sales and rents →

Other units on the 2nd floor

All 176 units in Glitz Residence 3 Tower 1
Value
2013-bedAED 1.33M · Sep 2015
202StudioAED 310K · Nov 2021
2031-bedAED 570K · Feb 2024
2042-bedAED 1.25M · Sep 2015
2052-bedAED 1.06M · Jan 2026
2061-bedAED 820K · Oct 2015
2071-bedAED 680K · Oct 2024
1–7 of 21

221, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 6 July 2015 for AED 1,075,000, or AED 947 per sqft.
  • Rented since September 2018 on 7 Ejari contracts. The rent fell from AED 78,000 to AED 63,800 in 2023 and recovered to AED 75,000 by September 2025.
  • At AED 75,000 a year the gross yield on the 2015 price is 7.0%, before a service charge of about AED 17,800 a year (AED 15.66 per sqft).
  • Two-beds in Glitz Residence 3 Tower 1 sold for AED 1,060,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 987 per sqft.

Source: Dubai Land Department. Updated 1 September 2025.

Questions about 221, Glitz Residence 3 Tower 1

What did unit 221 last sell for?

AED 1,075,000 on 6 July 2015, sold by the developer: AED 947 per sqft for 1,134 sqft. It is the only registered sale of the unit.

What is the rent for unit 221?

AED 75,000 a year on the contract signed on 1 September 2025. The previous contract, from September 2023, was AED 63,800; the unit has been rented since September 2018.

How big is unit 221?

1,134 sqft (105.4 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.

What is unit 221 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Glitz Residence 3 Tower 1 sold for AED 1,060,000 to 1,200,000 in the last 12 months, around AED 961 per sqft.

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Mortgage on 221, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.08M, 6 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

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