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1-bed · 672 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 2nd floor · completed 2017

218, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in July 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 218 · DLD and Ejari recordsUpdated 28 August 2019
Last soldAED 796K26 July 2015
Current rentAED 53K /yr28 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 218, Glitz Residence 3 Tower 2

What is 218 worth today?

Last sold for AED 796,000 in 2015

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28 Aug 2019RentedRenewal
AED 53,000/yr12 months · AED 79 per sqft
28 Aug 2018RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft
26 Jul 2015Sold by developerOff-plan
AED 796,000AED 1,184 per sqft

Source: Dubai Land Department. Updated 28 August 2019.

Key facts

Type
1-bed apartment
Size
672 sqft
Floor
2nd of 8
Parking
G-40
Developer
Danube Properties Development
Completed
2017
Service charge
AED 10,500 /yr
Last sold
AED 796K · July 2015
Building
Glitz Residence 3 Tower 2

About 218, Glitz Residence 3 Tower 2

218 is a one-bedroom apartment of 672 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. The developer sold it on 26 July 2015 for AED 796,000, or AED 1,184 per sqft.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 28 August 2019, is AED 53,000 a year: a gross yield of 6.7% on the 2015 price, before the service charge of about AED 10,500 a year.

Sales and rents for 218 over time

Sales
Unit 218, each saleTypical one-bed in Glitz Residence 3 Tower 2
600K800K20152018202120242027Typical sale price by year: 2015 AED 830,000; 2016 AED 820,000; 2018 AED 815,050; 2019 AED 585,000; 2021 AED 482,500; 2022 AED 522,500; 2024 AED 640,000; 2025 AED 700,000; 2026 AED 705,000Sold by developer, July 2015: AED 796,000 (AED 1,184 per sqft)

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

Rents
Unit 218, each contractTypical one-bed in Glitz Residence 3 Tower 2
40K60K2018202120242027Typical rent by year: 2018 AED 52,000; 2019 AED 50,000; 2020 AED 45,000; 2021 AED 36,000; 2022 AED 41,200; 2023 AED 47,125; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 60,000New contract, August 2018: AED 55,000 a yearRenewal, August 2019: AED 53,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Glitz Residence 3 Tower 2, and where 218 sits

All 80 1-beds →

Over the last 12 months one-beds sold for AED 700,000 to 720,000, around AED 1,039 per sqft, and rent for AED 50,000 to 78,000 a year. 218's AED 53,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jul 2026720,000
27 Jun 2026705,000
13 Feb 2026700,000
27 Aug 2025750,000
3 1-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
2052-bedAED 950K · May 2024
2061-bedAED 700K · Mar 2025
2071-bedAED 550K · Feb 2019
1–7 of 21

218, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 26 July 2015 for AED 796,000, or AED 1,184 per sqft.
  • Rented since August 2018 on 2 Ejari contracts, from AED 55,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2015 price is 6.7%, before a service charge of about AED 10,500 a year (AED 15.66 per sqft).
  • One-beds in Glitz Residence 3 Tower 2 sold for AED 700,000–720,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 28 August 2019.

Questions about 218, Glitz Residence 3 Tower 2

What did unit 218 last sell for?

AED 796,000 on 26 July 2015, sold by the developer: AED 1,184 per sqft for 672 sqft. It is the only registered sale of the unit.

What is the rent for unit 218?

AED 53,000 a year on the contract renewed on 28 August 2019. The previous contract, from August 2018, was AED 55,000.

How big is unit 218?

672 sqft (62.4 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.

What is unit 218 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Glitz Residence 3 Tower 2 sold for AED 700,000 to 720,000 in the last 12 months, around AED 1,039 per sqft.

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Mortgage on 218, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 796K, 26 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 796,000
Deposit, UAE resident (20%)
AED 159,200
Deposit, non-resident (40%)
AED 318,400
Monthly over 25 years at 3.7%
AED 3,257

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