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2-bed · 1,150 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 3rd floor · completed 2017

320, Glitz Residence 3 Tower 2

Sold prices and rental history: sold twice, last in February 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 320 · DLD and Ejari recordsUpdated 15 February 2021
Last soldAED 690K15 February 2021
Current rentAED 72K /yr1 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 320, Glitz Residence 3 Tower 2

What is 320 worth today?

Last sold for AED 690,000 in 2021

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15 Feb 2021SoldReady
AED 690,000AED 600 per sqft
1 Sep 2019RentedRenewal
AED 72,000/yr12 months · AED 63 per sqft
1 Sep 2018RentedNew contract
AED 75,000/yr12 months · AED 65 per sqft
26 Jul 2015Sold by developerOff-plan
AED 1,105,000AED 961 per sqft

Source: Dubai Land Department. Updated 15 February 2021.

Key facts

Type
2-bed apartment
Size
1,150 sqft
Floor
3rd of 8
Parking
B-228, B-229
Developer
Danube Properties Development
Completed
2017
Service charge
AED 18,000 /yr
Last sold
AED 690K · February 2021
Building
Glitz Residence 3 Tower 2

About 320, Glitz Residence 3 Tower 2

320 is a two-bedroom apartment of 1,150 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 15 February 2021 for AED 690,000, or AED 600 per sqft.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 1 September 2019, is AED 72,000 a year: a gross yield of 10.4% on the 2021 price, before the service charge of about AED 18,000 a year.

Sales and rents for 320 over time

Sales
Unit 320, 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, July 2015: AED 1,105,000 (AED 961 per sqft)Sold, February 2021: AED 690,000 (AED 600 per sqft)

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

Rents
Unit 320, 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, September 2018: AED 75,000 a yearRenewal, September 2019: AED 72,000 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 320 sits

All 64 2-beds →

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. 320's AED 72,000 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 3rd floor

All 176 units in Glitz Residence 3 Tower 2
Value
3013-bedAED 1.05M · Oct 2023
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
1–7 of 21

320, Glitz Residence 3 Tower 2 in numbers

  • Sold twice: first on 26 July 2015 for AED 1,105,000, last on 15 February 2021 for AED 690,000 (AED 600 per sqft).
  • Rented since September 2018 on 2 Ejari contracts, from AED 75,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2021 price is 10.4%, 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 15 February 2021.

Questions about 320, Glitz Residence 3 Tower 2

What did unit 320 last sell for?

AED 690,000 on 15 February 2021: AED 600 per sqft for 1,150 sqft. The unit has 2 registered sales; the first was AED 1,105,000 in July 2015.

What is the rent for unit 320?

AED 72,000 a year on the contract renewed on 1 September 2019. The previous contract, from September 2018, was AED 75,000.

How big is unit 320?

1,150 sqft (106.8 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 320 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 320, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 690K, 15 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

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