316, Glitz Residence 3 Tower 2
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 316, Glitz Residence 3 Tower 2
What is 316 worth today?
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Source: Dubai Land Department. Updated 20 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 739 sqft
- Floor
- 3rd of 8
- Parking
- B-247
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 11,600 /yr
- Last sold
- AED 830K · October 2015
- Building
- Glitz Residence 3 Tower 2
About 316, Glitz Residence 3 Tower 2
316 is a one-bedroom apartment of 739 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 830,000, or AED 1,123 per sqft, in line with the AED 1,123 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 20 August 2025, is AED 52,000 a year: a gross yield of 6.3% on the 2015 price, before the service charge of about AED 11,600 a year.
Sales and rents for 316 over time
316 has sold once; the dashed line is the one-bed median of each year in the building.
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 316 sits
All 80 1-beds →316 last sold in October 2015 at AED 1,123 per sqft, in line with what one-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 1,123). 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. 316's AED 52,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jul 20269 July 2026 | 739 sqft | 720,000 | 974 | ||
| 27 Jun 202627 June 2026 | 673 sqft | 705,000 | 1,047 | ||
| 13 Feb 202613 February 2026 | 673 sqft | 700,000 | 1,039 | ||
| 27 Aug 202527 August 2025 | 743 sqft | 750,000 | 1,009 |
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 | |
| 311 | 2-bed | 1,162 sqft | AED 1.1MAED 1,095,000 · Oct 2015October 2015 | 66,219 /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 | |
| 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 |
316, Glitz Residence 3 Tower 2 in numbers
- Sold once: by Danube Properties Development on 27 October 2015 for AED 830,000, or AED 1,123 per sqft.
- Rented since August 2018 on 8 Ejari contracts. The rent fell from AED 57,000 to AED 38,000 in 2022 and recovered to AED 52,000 by August 2025.
- At AED 52,000 a year the gross yield on the 2015 price is 6.3%, before a service charge of about AED 11,600 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 20 August 2025.
Questions about 316, Glitz Residence 3 Tower 2
What did unit 316 last sell for?
AED 830,000 on 27 October 2015, sold by the developer: AED 1,123 per sqft for 739 sqft. It is the only registered sale of the unit.
What is the rent for unit 316?
AED 52,000 a year on the contract renewed on 20 August 2025. The previous contract, from August 2024, was AED 48,000; the unit has been rented since August 2018.
How big is unit 316?
739 sqft (68.7 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.
What is unit 316 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 316, Glitz Residence 3 Tower 2
Starts from the last sale price (AED 830K, 27 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 830,000
- Deposit, UAE resident (20%)
- AED 166,000
- Deposit, non-resident (40%)
- AED 332,000
- Monthly over 25 years at 3.7%
- AED 3,396
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →