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2-bed · 1,161 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 3rd floor · completed 2017

312, 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 312 · DLD and Ejari recordsUpdated 19 February 2026
Last soldAED 1.1M26 July 2015
Current rentAED 74K /yr19 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 312, Glitz Residence 3 Tower 1

What is 312 worth today?

Last sold for AED 1,095,000 in 2015

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19 Feb 2026RentedRenewal
AED 73,689/yr12 months · AED 63 per sqft
19 Feb 2025RentedRenewal
AED 70,180/yr12 months · AED 60 per sqft
19 Feb 2025RentedRenewal
AED 70,180/yr12 months · AED 60 per sqft
19 Feb 2024RentedRenewal
AED 63,800/yr12 months · AED 55 per sqft
19 Feb 2023RentedRenewal
AED 58,000/yr12 months · AED 50 per sqft
19 Feb 2022RentedRenewal
AED 55,000/yr12 months · AED 47 per sqft
19 Feb 2021RentedNew contract
AED 50,000/yr12 months · AED 43 per sqft
18 Aug 2019RentedNew contract
AED 72,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 19 February 2026.

Key facts

Type
2-bed apartment
Size
1,161 sqft
Floor
3rd of 8
Parking
B-307, B-306
Developer
Danube Properties Development
Completed
2017
Service charge
AED 18,200 /yr
Last sold
AED 1.1M · July 2015
Building
Glitz Residence 3 Tower 1

About 312, Glitz Residence 3 Tower 1

312 is a two-bedroom apartment of 1,161 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 26 July 2015 for AED 1,095,000, or AED 942 per sqft, in line with the AED 942 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 19 February 2026, is AED 73,689 a year: a gross yield of 6.7% on the 2015 price, before the service charge of about AED 18,200 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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 1,095,000 (AED 942 per sqft)

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

Rents
Unit 312, 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, August 2018: AED 78,000 a yearNew contract, August 2019: AED 72,000 a yearNew contract, February 2021: AED 50,000 a yearRenewal, February 2022: AED 55,000 a yearRenewal, February 2023: AED 58,000 a yearRenewal, February 2024: AED 63,800 a yearRenewal, February 2025: AED 70,180 a yearRenewal, February 2025: AED 70,180 a yearRenewal, February 2026: AED 73,689 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 312 sits

All 64 2-beds →

312 last sold in July 2015 at AED 942 per sqft, in line with what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 942). 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. 312's AED 73,689 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 3rd floor

All 176 units in Glitz Residence 3 Tower 1
Value
3013-bedAED 890K · Nov 2022
302StudioAED 525K · Aug 2025
3031-bedAED 820K · Oct 2015
3042-bedAED 1.25M · Sep 2015
3052-bedAED 830K · Aug 2023
3061-bedAED 820K · Oct 2015
3071-bedAED 820K · Sep 2015
1–7 of 21

312, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 26 July 2015 for AED 1,095,000, or AED 942 per sqft.
  • Rented since August 2018 on 9 Ejari contracts. The rent fell from AED 78,000 to AED 50,000 in 2021 and recovered to AED 73,689 by February 2026.
  • At AED 73,689 a year the gross yield on the 2015 price is 6.7%, 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 19 February 2026.

Questions about 312, Glitz Residence 3 Tower 1

What did unit 312 last sell for?

AED 1,095,000 on 26 July 2015, sold by the developer: AED 942 per sqft for 1,161 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 73,689 a year on the contract renewed on 19 February 2026. The previous contract, from February 2025, was AED 70,180; the unit has been rented since August 2018.

How big is unit 312?

1,161 sqft (107.9 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 312 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 312, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.1M, 26 July 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 →