3-bed · 1,354 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 3rd floor · completed 2017

301, Glitz Residence 3 Tower 2

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 26 October 2023
Last soldAED 1.05M26 October 2023
Current rentAED 73K /yr14 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Glitz Residence 3 Tower 2

What is 301 worth today?

Last sold for AED 1,050,000 in 2023

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26 Oct 2023SoldReady
AED 1,050,000AED 775 per sqft
14 Nov 2022RentedRenewal
AED 73,000/yr12 months · AED 54 per sqft
14 Nov 2021RentedNew contract
AED 73,000/yr12 months · AED 54 per sqft
14 Nov 2020RentedRenewal
AED 70,000/yr12 months · AED 52 per sqft
14 Nov 2019RentedNew contract
AED 75,000/yr12 months · AED 55 per sqft
14 Nov 2018RentedNew contract
AED 78,000/yr12 months · AED 58 per sqft
27 Oct 2015Sold by developerOff-plan
AED 1,350,000AED 996 per sqft

Source: Dubai Land Department. Updated 26 October 2023.

Key facts

Type
3-bed apartment
Size
1,354 sqft
Floor
3rd of 8
Parking
B-117, B-118
Developer
Danube Properties Development
Completed
2017
Service charge
AED 21,200 /yr
Last sold
AED 1.05M · October 2023

About 301, Glitz Residence 3 Tower 2

301 is a three-bedroom apartment of 1,354 sqft on the 3rd 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 26 October 2023 for AED 1,050,000, or AED 775 per sqft, in line with the AED 757 three-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 14 November 2022, is AED 73,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 21,200 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical three-bed in Glitz Residence 3 Tower 2
750K1M1.25M2015201820212024Typical sale price by year: 2015 AED 1,350,000; 2021 AED 800,000; 2023 AED 1,025,000Sold by developer, October 2015: AED 1,350,000 (AED 996 per sqft)Sold, October 2023: AED 1,050,000 (AED 775 per sqft)

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

Rents
Unit 301, each contractTypical three-bed in Glitz Residence 3 Tower 2
75K100K2018202120242027Typical rent by year: 2018 AED 81,500; 2019 AED 80,000; 2020 AED 68,000; 2021 AED 68,841; 2022 AED 71,500; 2023 AED 80,000; 2024 AED 100,000; 2025 AED 110,000; 2026 AED 112,500New contract, November 2018: AED 78,000 a yearNew contract, November 2019: AED 75,000 a yearRenewal, November 2020: AED 70,000 a yearNew contract, November 2021: AED 73,000 a yearRenewal, November 2022: AED 73,000 a year

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

3-beds in Glitz Residence 3 Tower 2, and where 301 sits

All 16 3-beds →

301 last sold in October 2023 at AED 775 per sqft, in line with what three-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 757). Over the last 12 months three-beds sold for AED 1,275,000, around AED 941 per sqft, and rent for AED 105,000 to 118,000 a year. 301's AED 73,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Nov 20261,275,000
1 Sep 20251,400,000
28 Mar 20251,500,000
30 Oct 20241,275,000
1 3-bed sale 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 3rd floor

All 176 units in Glitz Residence 3 Tower 2
Value
302StudioAED 520K · Oct 2015
3031-bedAED 750K · Aug 2025
3042-bedAED 1.25M · Sep 2016
3052-bedAED 1.1M · May 2026
3061-bedAED 720K · Jul 2026
3071-bedAED 600K · Mar 2019
3081-bedAED 786K · Sep 2015
1–7 of 21

301, Glitz Residence 3 Tower 2 in numbers

  • Sold twice: first on 27 October 2015 for AED 1,350,000, last on 26 October 2023 for AED 1,050,000 (AED 775 per sqft).
  • Rented since November 2018 on 5 Ejari contracts, from AED 78,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 21,200 a year (AED 15.66 per sqft).
  • Three-beds in Glitz Residence 3 Tower 2 sold for AED 1,275,000–1,275,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 26 October 2023.

Questions about 301, Glitz Residence 3 Tower 2

What did unit 301 last sell for?

AED 1,050,000 on 26 October 2023: AED 775 per sqft for 1,354 sqft. The unit has 2 registered sales; the first was AED 1,350,000 in October 2015.

What is the rent for unit 301?

AED 73,000 a year on the contract renewed on 14 November 2022. The previous contract, from November 2021, was AED 73,000; the unit has been rented since November 2018.

How big is unit 301?

1,354 sqft (125.8 sqm): a three-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Glitz Residence 3 Tower 2 sold for AED 1,275,000 to 1,275,000 in the last 12 months, around AED 941 per sqft.

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Mortgage on 301, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 1.05M, 26 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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