311, Glitz Residence 3 Tower 1
Sold prices and rental history: sold once, by the developer in September 2015, 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 311, Glitz Residence 3 Tower 1
What is 311 worth today?
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Source: Dubai Land Department. Updated 7 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,162 sqft
- Floor
- 3rd of 8
- Parking
- B-304, B-305
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.1M · September 2015
- Building
- Glitz Residence 3 Tower 1
About 311, Glitz Residence 3 Tower 1
311 is a two-bedroom apartment of 1,162 sqft on the 3rd 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 21 September 2015 for AED 1,095,000, or AED 942 per sqft, in line with the AED 945 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 7 November 2024, is AED 60,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 18,200 a year.
Sales and rents for 311 over time
311 has sold once; the dashed line is the two-bed median of each year in the building.
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 311 sits
All 64 2-beds →311 last sold in September 2015 at AED 942 per sqft, in line with what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 945). 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. 311's AED 60,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 May 202620 May 2026 | 1,161 sqft | 1,200,000 | 1,033 | ||
| 6 Apr 20266 April 2026 | 1,242 sqft | 1,190,000 | 958 | ||
| 6 Apr 20266 April 2026 | 1,166 sqft | 1,170,000 | 1,003 | ||
| 10 Mar 202610 March 2026 | 1,134 sqft | 1,100,000 | 970 |
Glitz Residence 3 Tower 1
Building176 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%
Other units on the 3rd floor
All 176 units in Glitz Residence 3 Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 1,354 sqft | AED 890KAED 890,000 · Nov 2022November 2022 | 88,000 /yr | |
| 302 | Studio | 443 sqft | AED 525KAED 525,000 · Aug 2025August 2025 | 46,000 /yr | |
| 303 | 1-bed | 743 sqft | AED 820KAED 820,000 · Oct 2015October 2015 | 55,229 /yr | |
| 304 | 2-bed | 1,293 sqft | AED 1.25MAED 1,250,000 · Sep 2015September 2015 | 90,000 /yr | |
| 305 | 2-bed | 1,152 sqft | AED 830KAED 830,000 · Aug 2023August 2023 | 55,000 /yr | |
| 306 | 1-bed | 739 sqft | AED 820KAED 820,000 · Oct 2015October 2015 | 60,000 /yr | |
| 307 | 1-bed | 739 sqft | AED 820KAED 820,000 · Sep 2015September 2015 | 58,000 /yr | |
| 308 | 1-bed | 672 sqft | AED 786KAED 786,000 · Jul 2015July 2015 | ||
| 309 | 2-bed | 1,242 sqft | AED 1.19MAED 1,190,000 · Apr 2026April 2026 | 63,000 /yr | |
| 310 | 1-bed | 779 sqft | AED 858KAED 857,500 · Oct 2016October 2016 | 61,000 /yr | |
| 312 | 2-bed | 1,161 sqft | AED 1.1MAED 1,095,000 · Jul 2015July 2015 | 73,689 /yr | |
| 313 | 3-bed | 1,350 sqft | AED 1.35MAED 1,350,000 · Sep 2015September 2015 | ||
| 314 | 1-bed | 820 sqft | AED 895KAED 895,000 · Oct 2015October 2015 | 60,000 /yr | |
| 315 | 1-bed | 673 sqft | AED 786KAED 786,000 · Sep 2015September 2015 | 59,839 /yr | |
| 316 | 1-bed | 739 sqft | AED 790KAED 790,000 · Aug 2025August 2025 | 60,000 /yr | |
| 317 | 1-bed | 739 sqft | AED 550KAED 550,000 · Aug 2023August 2023 | 62,000 /yr | |
| 318 | 1-bed | 672 sqft | AED 715KAED 715,000 · Oct 2026October 2026 | 62,000 /yr | |
| 319 | Studio | 433 sqft | AED 390KAED 390,000 · Jul 2023July 2023 | 28,000 /yr | |
| 320 | 2-bed | 1,150 sqft | AED 1MAED 1,000,000 · Jun 2024June 2024 | 75,000 /yr | |
| 321 | 2-bed | 1,134 sqft | AED 1.1MAED 1,100,000 · Mar 2026March 2026 | 86,000 /yr | |
| 322 | 2-bed | 1,166 sqft | AED 1.16MAED 1,160,000 · Sep 2015September 2015 |
311, Glitz Residence 3 Tower 1 in numbers
- Sold once: by Danube Properties Development on 21 September 2015 for AED 1,095,000, or AED 942 per sqft.
- Rented since December 2020 on 4 Ejari contracts, from AED 48,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2015 price is 5.5%, before a service charge of about AED 18,200 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 7 November 2024.
Questions about 311, Glitz Residence 3 Tower 1
What did unit 311 last sell for?
AED 1,095,000 on 21 September 2015, sold by the developer: AED 942 per sqft for 1,162 sqft. It is the only registered sale of the unit.
What is the rent for unit 311?
AED 60,000 a year on the contract signed on 7 November 2024. The previous contract, from November 2024, was AED 60,000; the unit has been rented since December 2020.
How big is unit 311?
1,162 sqft (108.0 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.
What is unit 311 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 311, Glitz Residence 3 Tower 1
Starts from the last sale price (AED 1.1M, 21 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,095,000
- Deposit, UAE resident (20%)
- AED 219,000
- Deposit, non-resident (40%)
- AED 438,000
- Monthly over 25 years at 3.7%
- AED 4,480
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →