509, Glitz Residence 3 Tower 2
Sold prices and rental history: sold once, by the developer in December 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Glitz Residence 3 Tower 2
What is 509 worth today?
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Source: Dubai Land Department. Updated 30 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,242 sqft
- Floor
- 5th of 8
- Parking
- B-170, B-171
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 19,400 /yr
- Last sold
- AED 1.12M · December 2019
- Building
- Glitz Residence 3 Tower 2
About 509, Glitz Residence 3 Tower 2
509 is a two-bedroom apartment of 1,242 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 31 December 2019 for AED 1,118,747, or AED 900 per sqft, in line with the AED 900 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 30 November 2024, is AED 75,000 a year: a gross yield of 6.7% on the 2019 price, before the service charge of about AED 19,400 a year.
Sales and rents for 509 over time
509 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 509 sits
All 64 2-beds →509 last sold in December 2019 at AED 900 per sqft, in line with what two-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 900). 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. 509's AED 75,000 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 5th floor
All 176 units in Glitz Residence 3 Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,354 sqft | AED 1MAED 1,000,000 · Aug 2023August 2023 | ||
| 502 | Studio | 443 sqft | AED 520KAED 520,000 · Oct 2015October 2015 | 44,100 /yr | |
| 503 | 1-bed | 743 sqft | AED 830KAED 830,000 · Nov 2018November 2018 | ||
| 504 | 2-bed | 1,293 sqft | AED 1.15MAED 1,150,000 · Sep 2017September 2017 | ||
| 505 | 2-bed | 1,152 sqft | AED 1.11MAED 1,105,000 · Oct 2015October 2015 | 88,000 /yr | |
| 506 | 1-bed | 739 sqft | AED 570KAED 570,000 · Mar 2019March 2019 | 62,000 /yr | |
| 507 | 1-bed | 739 sqft | AED 600KAED 600,000 · Jan 2019January 2019 | 55,000 /yr | |
| 508 | 1-bed | 672 sqft | AED 700KAED 700,000 · Mar 2025March 2025 | 47,000 /yr | |
| 510 | 1-bed | 779 sqft | AED 850KAED 850,000 · Jan 2019January 2019 | 61,000 /yr | |
| 511 | 2-bed | 1,162 sqft | AED 1.13MAED 1,130,000 · Sep 2025September 2025 | 75,273 /yr | |
| 512 | 2-bed | 1,161 sqft | AED 1.03MAED 1,025,000 · Sep 2017September 2017 | ||
| 513 | 3-bed | 1,350 sqft | AED 1.38MAED 1,375,000 · Oct 2015October 2015 | 110,000 /yr | |
| 514 | 1-bed | 820 sqft | AED 940KAED 940,000 · Oct 2015October 2015 | 60,000 /yr | |
| 515 | 1-bed | 673 sqft | AED 700KAED 700,000 · Feb 2026February 2026 | 60,000 /yr | |
| 516 | 1-bed | 739 sqft | AED 830KAED 830,000 · Jan 2019January 2019 | 72,000 /yr | |
| 517 | 1-bed | 739 sqft | AED 830KAED 830,000 · Oct 2015October 2015 | 58,000 /yr | |
| 518 | 1-bed | 672 sqft | AED 490KAED 490,000 · Nov 2022November 2022 | 58,000 /yr | |
| 519 | Studio | 433 sqft | AED 510KAED 510,000 · Jul 2015July 2015 | 43,000 /yr | |
| 520 | 2-bed | 1,150 sqft | AED 1.11MAED 1,105,000 · Aug 2015August 2015 | 90,000 /yr | |
| 521 | 2-bed | 1,134 sqft | AED 1.09MAED 1,085,000 · Oct 2015October 2015 | 85,000 /yr | |
| 522 | 2-bed | 1,166 sqft | AED 1.16MAED 1,160,000 · Sep 2015September 2015 |
509, Glitz Residence 3 Tower 2 in numbers
- Sold once: by Danube Properties Development on 31 December 2019 for AED 1,118,747, or AED 900 per sqft.
- Rented since November 2020 on 5 Ejari contracts, from AED 58,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2019 price is 6.7%, before a service charge of about AED 19,400 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 30 November 2024.
Questions about 509, Glitz Residence 3 Tower 2
What did unit 509 last sell for?
AED 1,118,747 on 31 December 2019, sold by the developer: AED 900 per sqft for 1,242 sqft. It is the only registered sale of the unit.
What is the rent for unit 509?
AED 75,000 a year on the contract renewed on 30 November 2024. The previous contract, from November 2023, was AED 71,500; the unit has been rented since November 2020.
How big is unit 509?
1,242 sqft (115.4 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.
What is unit 509 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 509, Glitz Residence 3 Tower 2
Starts from the last sale price (AED 1.12M, 31 December 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,118,747
- Deposit, UAE resident (20%)
- AED 223,749
- Deposit, non-resident (40%)
- AED 447,499
- Monthly over 25 years at 3.7%
- AED 4,577
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →