Studio · 443 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 5th floor · completed 2017

502, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 12 April 2026
Last soldAED 520K27 October 2015
Current rentAED 44K /yr12 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Glitz Residence 3 Tower 2

What is 502 worth today?

Last sold for AED 520,000 in 2015

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12 Apr 2026RentedRenewal
AED 44,100/yr12 months · AED 100 per sqft
12 Apr 2024RentedRenewal
AED 40,000/yr12 months · AED 91 per sqft
12 Apr 2023RentedNew contract
AED 35,000/yr12 months · AED 79 per sqft
15 Mar 2023RentedRenewal
AED 30,800/yr12 months · AED 70 per sqft
15 Mar 2022RentedNew contract
AED 28,000/yr12 months · AED 63 per sqft
27 Oct 2015Sold by developerOff-plan
AED 520,000AED 1,175 per sqft

Source: Dubai Land Department. Updated 12 April 2026.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
5th of 8
Parking
B-85
Developer
Danube Properties Development
Completed
2017
Service charge
AED 6,900 /yr
Last sold
AED 520K · October 2015

About 502, Glitz Residence 3 Tower 2

502 is a studio of 443 sqft on the 5th 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 520,000, or AED 1,175 per sqft, in line with the AED 1,175 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 12 April 2026, is AED 44,100 a year: a gross yield of 8.5% on the 2015 price, before the service charge of about AED 6,900 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical studio in Glitz Residence 3 Tower 2
400K500K2015201820212024Typical sale price by year: 2015 AED 510,000; 2023 AED 350,000; 2025 AED 525,000Sold by developer, October 2015: AED 520,000 (AED 1,175 per sqft)

502 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 502, each contractTypical studio in Glitz Residence 3 Tower 2
30K40K2018202120242027Typical rent by year: 2018 AED 38,000; 2019 AED 32,500; 2020 AED 28,463; 2021 AED 26,500; 2022 AED 28,375; 2023 AED 30,800; 2024 AED 40,000; 2025 AED 42,500; 2026 AED 45,000New contract, March 2022: AED 28,000 a yearRenewal, March 2023: AED 30,800 a yearNew contract, April 2023: AED 35,000 a yearRenewal, April 2024: AED 40,000 a yearRenewal, April 2026: AED 44,100 a year

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

Studios in Glitz Residence 3 Tower 2, and where 502 sits

All 16 studios →

502 last sold in October 2015 at AED 1,175 per sqft, in line with what studios in Glitz Residence 3 Tower 2 were fetching at the time (AED 1,175). Over the last 12 months studios sold for AED 525,000 to 560,000, around AED 1,239 per sqft, and rent for AED 40,425 to 48,000 a year. 502's AED 44,100 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Dec 2025560,000
18 Nov 2025525,000
2 Oct 2025597,375
28 Aug 2025590,000
2 studio 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 5th floor

All 176 units in Glitz Residence 3 Tower 2
Value
5013-bedAED 1M · Aug 2023
5031-bedAED 830K · Nov 2018
5042-bedAED 1.15M · Sep 2017
5052-bedAED 1.11M · Oct 2015
5061-bedAED 570K · Mar 2019
5071-bedAED 600K · Jan 2019
5081-bedAED 700K · Mar 2025
1–7 of 21

502, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 27 October 2015 for AED 520,000, or AED 1,175 per sqft.
  • Rented since March 2022 on 5 Ejari contracts, from AED 28,000 to AED 44,100 a year.
  • At AED 44,100 a year the gross yield on the 2015 price is 8.5%, before a service charge of about AED 6,900 a year (AED 15.66 per sqft).
  • Studios in Glitz Residence 3 Tower 2 sold for AED 525,000–560,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 12 April 2026.

Questions about 502, Glitz Residence 3 Tower 2

What did unit 502 last sell for?

AED 520,000 on 27 October 2015, sold by the developer: AED 1,175 per sqft for 443 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 44,100 a year on the contract renewed on 12 April 2026. The previous contract, from April 2024, was AED 40,000; the unit has been rented since March 2022.

How big is unit 502?

443 sqft (41.2 sqm): a studio on the 5th floor of a 8-storey tower completed in 2017.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glitz Residence 3 Tower 2 sold for AED 525,000 to 560,000 in the last 12 months, around AED 1,239 per sqft.

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Mortgage on 502, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 520K, 27 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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