311, Glitz Residence 3 Tower 2
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 311, Glitz Residence 3 Tower 2
What is 311 worth today?
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Source: Dubai Land Department. Updated 5 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,162 sqft
- Floor
- 3rd of 8
- Parking
- B-232, B-233
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.1M · October 2015
- Building
- Glitz Residence 3 Tower 2
About 311, Glitz Residence 3 Tower 2
311 is a two-bedroom apartment of 1,162 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. The developer sold it on 27 October 2015 for AED 1,095,000, or AED 942 per sqft, in line with the AED 960 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 5 October 2024, is AED 66,219 a year: a gross yield of 6.0% on the 2015 price, before the service charge of about AED 18,200 a year.
Sales and rents for 311 over time
311 has sold once; the dashed line is the two-bed median of each year in the building.
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 311 sits
All 64 2-beds →311 last sold in October 2015 at AED 942 per sqft, in line with what two-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 960). 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. 311's AED 66,219 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 1,161 sqft | 1,130,000 | 972 | ||
| 4 May 20264 May 2026 | 1,152 sqft | 1,100,000 | 955 | ||
| 14 Dec 202514 December 2025 | 1,293 sqft | 1,089,706 | 842 | ||
| 18 Nov 202518 November 2025 | 1,150 sqft | 1,100,000 | 956 |
Glitz Residence 3 Tower 2
Building176 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%
Other units on the 3rd floor
All 176 units in Glitz Residence 3 Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 1,354 sqft | AED 1.05MAED 1,050,000 · Oct 2023October 2023 | 73,000 /yr | |
| 302 | Studio | 443 sqft | AED 520KAED 520,000 · Oct 2015October 2015 | 45,000 /yr | |
| 303 | 1-bed | 743 sqft | AED 750KAED 750,000 · Aug 2025August 2025 | 68,000 /yr | |
| 304 | 2-bed | 1,293 sqft | AED 1.25MAED 1,250,000 · Sep 2016September 2016 | 77,175 /yr | |
| 305 | 2-bed | 1,152 sqft | AED 1.1MAED 1,100,000 · May 2026May 2026 | 85,000 /yr | |
| 306 | 1-bed | 739 sqft | AED 720KAED 720,000 · Jul 2026July 2026 | 52,000 /yr | |
| 307 | 1-bed | 739 sqft | AED 600KAED 600,000 · Mar 2019March 2019 | 51,983 /yr | |
| 308 | 1-bed | 672 sqft | AED 786KAED 786,000 · Sep 2015September 2015 | 65,000 /yr | |
| 309 | 2-bed | 1,242 sqft | AED 1MAED 1,000,000 · May 2024May 2024 | 95,000 /yr | |
| 310 | 1-bed | 779 sqft | AED 845KAED 845,000 · Oct 2015October 2015 | 53,361 /yr | |
| 312 | 2-bed | 1,161 sqft | AED 1MAED 1,000,000 · Oct 2024October 2024 | 88,000 /yr | |
| 313 | 3-bed | 1,350 sqft | AED 1.38MAED 1,375,000 · May 2016May 2016 | 115,000 /yr | |
| 314 | 1-bed | 820 sqft | AED 905KAED 905,000 · Oct 2015October 2015 | 61,000 /yr | |
| 315 | 1-bed | 673 sqft | AED 705KAED 705,000 · Jun 2026June 2026 | 53,000 /yr | |
| 316 | 1-bed | 739 sqft | AED 830KAED 830,000 · Oct 2015October 2015 | 52,000 /yr | |
| 317 | 1-bed | 739 sqft | AED 830KAED 830,000 · Jan 2019January 2019 | 61,000 /yr | |
| 318 | 1-bed | 672 sqft | AED 796KAED 796,000 · Oct 2015October 2015 | 51,700 /yr | |
| 319 | Studio | 433 sqft | AED 510KAED 510,000 · Oct 2015October 2015 | 48,000 /yr | |
| 320 | 2-bed | 1,150 sqft | AED 690KAED 690,000 · Feb 2021February 2021 | 72,000 /yr | |
| 321 | 2-bed | 1,134 sqft | AED 1.09MAED 1,085,000 · Oct 2015October 2015 | 88,000 /yr | |
| 322 | 2-bed | 1,166 sqft | AED 1.06MAED 1,060,000 · Apr 2016April 2016 | 70,000 /yr |
311, Glitz Residence 3 Tower 2 in numbers
- Sold once: by Danube Properties Development on 27 October 2015 for AED 1,095,000, or AED 942 per sqft.
- Rented since October 2019 on 6 Ejari contracts. The rent fell from AED 66,000 to AED 50,000 in 2021 and recovered to AED 66,219 by October 2024.
- At AED 66,219 a year the gross yield on the 2015 price is 6.0%, 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 5 October 2024.
Questions about 311, Glitz Residence 3 Tower 2
What did unit 311 last sell for?
AED 1,095,000 on 27 October 2015, sold by the developer: AED 942 per sqft for 1,162 sqft. It is the only registered sale of the unit.
What is the rent for unit 311?
AED 66,219 a year on the contract renewed on 5 October 2024. The previous contract, from October 2023, was AED 60,500; the unit has been rented since October 2019.
How big is unit 311?
1,162 sqft (108.0 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.
What is unit 311 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 311, Glitz Residence 3 Tower 2
Starts from the last sale price (AED 1.1M, 27 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,095,000
- Deposit, UAE resident (20%)
- AED 219,000
- Deposit, non-resident (40%)
- AED 438,000
- Monthly over 25 years at 3.7%
- AED 4,480
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →