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2-bed · 1,166 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 8th floor · completed 2017

822, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in August 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 822 · DLD and Ejari recordsUpdated 1 August 2020
Last soldAED 1.16M22 August 2016
Current rentAED 78K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 822, Glitz Residence 3 Tower 1

What is 822 worth today?

Last sold for AED 1,160,000 in 2016

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1 Aug 2020RentedNew contract
AED 78,000/yr12 months · AED 67 per sqft
1 Jul 2019RentedNew contract
AED 80,000/yr12 months · AED 69 per sqft
22 Aug 2016Sold by developerOff-plan
AED 1,160,000AED 994 per sqft

Source: Dubai Land Department. Updated 1 August 2020.

Key facts

Type
2-bed apartment
Size
1,166 sqft
Floor
8th of 8
Parking
B-370, B-371
Developer
Danube Properties Development
Completed
2017
Service charge
AED 18,300 /yr
Last sold
AED 1.16M · August 2016
Building
Glitz Residence 3 Tower 1

About 822, Glitz Residence 3 Tower 1

822 is a two-bedroom apartment of 1,166 sqft on the 8th 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 22 August 2016 for AED 1,160,000, or AED 994 per sqft, 4% above the AED 960 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 August 2020, is AED 78,000 a year: a gross yield of 6.7% on the 2016 price, before the service charge of about AED 18,300 a year.

Sales and rents for 822 over time

Sales
Unit 822, each saleTypical two-bed in Glitz Residence 3 Tower 1
800K1M1.2M20152018202120242027Typical 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, August 2016: AED 1,160,000 (AED 994 per sqft)

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

Rents
Unit 822, 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, July 2019: AED 80,000 a yearNew contract, August 2020: AED 78,000 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 822 sits

All 64 2-beds →

822 last sold in August 2016 at AED 994 per sqft, 4% above what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 960). 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. 822's AED 78,000 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 8th floor

All 176 units in Glitz Residence 3 Tower 1
Value
8013-bedAED 1.28M · Feb 2026
802StudioAED 387K · Sep 2023
8031-bedAED 440K · Jul 2022
8042-bedAED 800K · Nov 2023
8052-bedAED 1.12M · Feb 2017
8061-bedAED 820K · Sep 2016
8071-bedAED 820K · Oct 2016
1–7 of 21

822, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 22 August 2016 for AED 1,160,000, or AED 994 per sqft.
  • Rented since July 2019 on 2 Ejari contracts, from AED 80,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2016 price is 6.7%, before a service charge of about AED 18,300 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 August 2020.

Questions about 822, Glitz Residence 3 Tower 1

What did unit 822 last sell for?

AED 1,160,000 on 22 August 2016, sold by the developer: AED 994 per sqft for 1,166 sqft. It is the only registered sale of the unit.

What is the rent for unit 822?

AED 78,000 a year on the contract signed on 1 August 2020. The previous contract, from July 2019, was AED 80,000.

How big is unit 822?

1,166 sqft (108.3 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2017.

What is unit 822 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 822, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.16M, 22 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,160,000
Deposit, UAE resident (20%)
AED 232,000
Deposit, non-resident (40%)
AED 464,000
Monthly over 25 years at 3.7%
AED 4,746

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