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

122, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in February 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 122 · DLD and Ejari recordsUpdated 10 September 2026
Last soldAED 1.16M26 February 2017
Current rentAED 90K /yr10 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 122, Glitz Residence 3 Tower 2

What is 122 worth today?

Last sold for AED 1,160,000 in 2017

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10 Sep 2026RentedRenewal
AED 90,000/yr12 months · AED 77 per sqft
10 Sep 2026RentedRenewal
AED 88,000/yr12 months · AED 76 per sqft
10 Sep 2025RentedNew contract
AED 90,000/yr12 months · AED 77 per sqft
30 Aug 2024RentedNew contract
AED 90,000/yr12 months · AED 77 per sqft
10 Nov 2018RentedNew contract
AED 70,000/yr12 months · AED 60 per sqft
26 Feb 2017Sold by developerOff-plan
AED 1,160,000AED 994 per sqft

Source: Dubai Land Department. Updated 10 September 2026.

Key facts

Type
2-bed apartment
Size
1,166 sqft
Floor
1st of 8
Parking
B-176, B-177
Developer
Danube Properties Development
Completed
2017
Service charge
AED 18,300 /yr
Last sold
AED 1.16M · February 2017

About 122, Glitz Residence 3 Tower 2

122 is a two-bedroom apartment of 1,166 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 26 February 2017 for AED 1,160,000, or AED 994 per sqft, in line with the AED 966 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 10 September 2026, is AED 90,000 a year: a gross yield of 7.8% on the 2017 price, before the service charge of about AED 18,300 a year.

Sales and rents for 122 over time

Sales
Unit 122, 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, February 2017: AED 1,160,000 (AED 994 per sqft)

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

Rents
Unit 122, each contractTypical two-bed in Glitz Residence 3 Tower 2
60K80K2018202120242027Typical 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 2018: AED 70,000 a yearNew contract, August 2024: AED 90,000 a yearNew contract, September 2025: AED 90,000 a yearRenewal, September 2026: AED 90,000 a yearRenewal, September 2026: AED 88,000 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 122 sits

All 64 2-beds →

122 last sold in February 2017 at AED 994 per sqft, in line with what two-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 966). 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. 122's AED 90,000 is in the upper half 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

122, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 26 February 2017 for AED 1,160,000, or AED 994 per sqft.
  • Rented since November 2018 on 5 Ejari contracts, from AED 70,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2017 price is 7.8%, before a service charge of about AED 18,300 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 10 September 2026.

Questions about 122, Glitz Residence 3 Tower 2

What did unit 122 last sell for?

AED 1,160,000 on 26 February 2017, 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 122?

AED 90,000 a year on the contract renewed on 10 September 2026. The previous contract, from September 2026, was AED 88,000; the unit has been rented since November 2018.

How big is unit 122?

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

What is unit 122 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 122, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 1.16M, 26 February 2017). 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 →