2-bed · 1,162 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 1st floor · completed 2017

111, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in December 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 1.05M31 December 2019
Current rentAED 110K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Glitz Residence 3 Tower 2

What is 111 worth today?

Last sold for AED 1,047,088 in 2019

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1 Jun 2026RentedNew contract
AED 110,000/yr12 months · AED 95 per sqft
1 Jun 2025RentedNew contract
AED 110,000/yr12 months · AED 95 per sqft
1 Jun 2024RentedNew contract
AED 95,000/yr12 months · AED 82 per sqft
1 Apr 2023RentedNew contract
AED 72,000/yr12 months · AED 62 per sqft
1 Nov 2022RentedRenewal
AED 60,000/yr12 months · AED 52 per sqft
1 Nov 2021RentedRenewal
AED 50,000/yr12 months · AED 43 per sqft
1 Nov 2020RentedNew contract
AED 50,000/yr12 months · AED 43 per sqft
31 Dec 2019Sold by developerReady
AED 1,047,088AED 900 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
2-bed apartment
Size
1,162 sqft
Floor
1st of 8
Parking
B-86, B-55
Developer
Danube Properties Development
Completed
2017
Service charge
AED 18,200 /yr
Last sold
AED 1.05M · December 2019

About 111, Glitz Residence 3 Tower 2

111 is a two-bedroom apartment of 1,162 sqft on the 1st floor of Glitz Residence 3 Tower 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 31 December 2019 for AED 1,047,088, or AED 900 per sqft, in line with the AED 900 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 June 2026, is AED 110,000 a year: a gross yield of 10.5% on the 2019 price, before the service charge of about AED 18,200 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical two-bed in Glitz Residence 3 Tower 2
500K1M2015201820212024Typical sale price by year: 2015 AED 1,105,000; 2016 AED 1,160,000; 2017 AED 1,150,000; 2019 AED 1,047,088; 2021 AED 690,000; 2022 AED 600,000; 2023 AED 900,000; 2024 AED 968,000; 2025 AED 1,094,853Sold by developer, December 2019: AED 1,047,088 (AED 900 per sqft)

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

Rents
Unit 111, each contractTypical two-bed in Glitz Residence 3 Tower 2
50K100K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 72,000; 2020 AED 58,250; 2021 AED 50,000; 2022 AED 61,000; 2023 AED 71,500; 2024 AED 80,000; 2025 AED 90,000; 2026 AED 88,000New contract, November 2020: AED 50,000 a yearRenewal, November 2021: AED 50,000 a yearRenewal, November 2022: AED 60,000 a yearNew contract, April 2023: AED 72,000 a yearNew contract, June 2024: AED 95,000 a yearNew contract, June 2025: AED 110,000 a yearNew contract, June 2026: AED 110,000 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 2, and where 111 sits

All 64 2-beds →

111 last sold in December 2019 at AED 900 per sqft, in line with what two-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 900). Over the last 12 months two-beds sold for AED 1,089,706 to 1,130,000, around AED 956 per sqft, and rent for AED 45,000 to 110,000 a year. 111's AED 110,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20261,130,000
4 May 20261,100,000
14 Dec 20251,089,706
18 Nov 20251,100,000
4 2-bed sales in the last 12 months

Glitz Residence 3 Tower 2

Building

176 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 10 sold in the last 12 months.

Typical price per sqft
AED 973 Down 2.4%
Typical sale
AED 905K
Typical rent
AED 62K /yr
Typical yield
8.2%
Glitz Residence 3 Tower 2, Dubai Studio City: prices, sales and rents →

Other units on the 1st floor

All 176 units in Glitz Residence 3 Tower 2
Value
1013-bedAED 1.35M · Oct 2015
102StudioAED 520K · Oct 2015
1031-bedAED 650K · Jul 2024
1042-bedAED 1.25M · Jan 2017
1052-bedAED 720K · Nov 2019
1061-bedAED 813K · Nov 2018
1071-bedAED 550K · Apr 2019
1–7 of 21

111, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 31 December 2019 for AED 1,047,088, or AED 900 per sqft.
  • Rented since November 2020 on 7 Ejari contracts, from AED 50,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2019 price is 10.5%, before a service charge of about AED 18,200 a year (AED 15.66 per sqft).
  • Two-beds in Glitz Residence 3 Tower 2 sold for AED 1,089,706–1,130,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 1 June 2026.

Questions about 111, Glitz Residence 3 Tower 2

What did unit 111 last sell for?

AED 1,047,088 on 31 December 2019, sold by the developer: AED 900 per sqft for 1,162 sqft. It is the only registered sale of the unit.

What is the rent for unit 111?

AED 110,000 a year on the contract signed on 1 June 2026. The previous contract, from June 2025, was AED 110,000; the unit has been rented since November 2020.

How big is unit 111?

1,162 sqft (108.0 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 111 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 2 sold for AED 1,089,706 to 1,130,000 in the last 12 months, around AED 956 per sqft.

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Mortgage on 111, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 1.05M, 31 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,047,088
Deposit, UAE resident (20%)
AED 209,418
Deposit, non-resident (40%)
AED 418,835
Monthly over 25 years at 3.7%
AED 4,284

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