2-bed · 1,152 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 2nd floor · completed 2017

205, Glitz Residence 3 Tower 2

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 9 May 2024
Last soldAED 950K9 May 2024
Current rentAED 62K /yr20 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Glitz Residence 3 Tower 2

What is 205 worth today?

Last sold for AED 950,000 in 2024

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9 May 2024SoldReady
AED 950,000AED 824 per sqft
20 May 2022RentedNew contract
AED 62,000/yr12 months · AED 54 per sqft
10 May 2021RentedNew contract
AED 52,000/yr12 months · AED 45 per sqft
1 May 2020RentedNew contract
AED 55,000/yr12 months · AED 48 per sqft
7 Nov 2018RentedNew contract
AED 75,000/yr12 months · AED 65 per sqft
19 Dec 2017Sold by developerOff-plan
AED 1,105,000AED 959 per sqft

Source: Dubai Land Department. Updated 9 May 2024.

Key facts

Type
2-bed apartment
Size
1,152 sqft
Floor
2nd of 8
Parking
B-244, B-245
Developer
Danube Properties Development
Completed
2017
Service charge
AED 18,000 /yr
Last sold
AED 950K · May 2024

About 205, Glitz Residence 3 Tower 2

205 is a two-bedroom apartment of 1,152 sqft on the 2nd floor of Glitz Residence 3 Tower 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 9 May 2024 for AED 950,000, or AED 824 per sqft, 4% above the AED 793 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 20 May 2022, is AED 62,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 18,000 a year.

Sales and rents for 205 over time

Sales
Unit 205, 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 2017: AED 1,105,000 (AED 959 per sqft)Sold, May 2024: AED 950,000 (AED 824 per sqft)

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

Rents
Unit 205, 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 75,000 a yearNew contract, May 2020: AED 55,000 a yearNew contract, May 2021: AED 52,000 a yearNew contract, May 2022: AED 62,000 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 205 sits

All 64 2-beds →

205 last sold in May 2024 at AED 824 per sqft, 4% above what two-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 793). 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. 205's AED 62,000 is in the lower 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 2nd floor

All 176 units in Glitz Residence 3 Tower 2
Value
2013-bedAED 765K · Oct 2021
202StudioAED 590K · Aug 2025
2031-bedAED 830K · Dec 2018
2042-bedAED 1.09M · Dec 2025
2061-bedAED 700K · Mar 2025
2071-bedAED 550K · Feb 2019
2081-bedAED 565K · Apr 2024
1–7 of 21

205, Glitz Residence 3 Tower 2 in numbers

  • Sold twice: first on 19 December 2017 for AED 1,105,000, last on 9 May 2024 for AED 950,000 (AED 824 per sqft).
  • Rented since November 2018 on 4 Ejari contracts. The rent fell from AED 75,000 to AED 52,000 in 2021 and recovered to AED 62,000 by May 2022.
  • At AED 62,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 18,000 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 9 May 2024.

Questions about 205, Glitz Residence 3 Tower 2

What did unit 205 last sell for?

AED 950,000 on 9 May 2024: AED 824 per sqft for 1,152 sqft. The unit has 2 registered sales; the first was AED 1,105,000 in December 2017.

What is the rent for unit 205?

AED 62,000 a year on the contract signed on 20 May 2022. The previous contract, from May 2021, was AED 52,000; the unit has been rented since November 2018.

How big is unit 205?

1,152 sqft (107.0 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.

What is unit 205 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 205, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 950K, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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