Home
Dubai prices
About
Research
2-bed · 1,152 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 5th floor · completed 2017

505, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in October 2015, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 5 September 2026
Last soldAED 1.11M27 October 2015
Current rentAED 88K /yr5 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 505

Property timeline for 505, Glitz Residence 3 Tower 2

What is 505 worth today?

Last sold for AED 1,105,000 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Sep 2026RentedRenewal
AED 88,000/yr12 months · AED 76 per sqft
27 Oct 2015Sold by developerOff-plan
AED 1,105,000AED 959 per sqft

Source: Dubai Land Department. Updated 5 September 2026.

Key facts

Type
2-bed apartment
Size
1,152 sqft
Floor
5th of 8
Parking
B-218, B-219
Developer
Danube Properties Development
Completed
2017
Service charge
AED 18,000 /yr
Last sold
AED 1.11M · October 2015
Building
Glitz Residence 3 Tower 2

About 505, Glitz Residence 3 Tower 2

505 is a two-bedroom apartment of 1,152 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 1,105,000, or AED 959 per sqft, in line with the AED 960 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 September 2026. The current contract, renewed on 5 September 2026, is AED 88,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 18,000 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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, October 2015: AED 1,105,000 (AED 959 per sqft)

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

Rents
Unit 505, 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 88,000Renewal, September 2026: AED 88,000 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 505 sits

All 64 2-beds →

505 last sold in October 2015 at AED 959 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. 505's AED 88,000 is in the upper 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 5th floor

All 176 units in Glitz Residence 3 Tower 2
Value
5013-bedAED 1M · Aug 2023
502StudioAED 520K · Oct 2015
5031-bedAED 830K · Nov 2018
5042-bedAED 1.15M · Sep 2017
5061-bedAED 570K · Mar 2019
5071-bedAED 600K · Jan 2019
5081-bedAED 700K · Mar 2025
1–7 of 21

505, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 27 October 2015 for AED 1,105,000, or AED 959 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2015 price is 8.0%, 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 5 September 2026.

Questions about 505, Glitz Residence 3 Tower 2

What did unit 505 last sell for?

AED 1,105,000 on 27 October 2015, sold by the developer: AED 959 per sqft for 1,152 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 88,000 a year on the contract renewed on 5 September 2026.

How big is unit 505?

1,152 sqft (107.0 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 505 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.

Selling 505? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 505, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 1.11M, 27 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,105,000
Deposit, UAE resident (20%)
AED 221,000
Deposit, non-resident (40%)
AED 442,000
Monthly over 25 years at 3.7%
AED 4,521

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