2-bed · 1,161 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 5th floor · completed 2017

512, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in September 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 5 September 2017
Last soldAED 1.03M5 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Glitz Residence 3 Tower 2

What is 512 worth today?

Last sold for AED 1,025,000 in 2017

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5 Sep 2017Sold by developerOff-plan
AED 1,025,000AED 882 per sqft

Source: Dubai Land Department. Updated 5 September 2017.

Key facts

Type
2-bed apartment
Size
1,161 sqft
Floor
5th of 8
Parking
B-214, B-215
Developer
Danube Properties Development
Completed
2017
Service charge
AED 18,200 /yr
Last sold
AED 1.03M · September 2017

About 512, Glitz Residence 3 Tower 2

512 is a two-bedroom apartment of 1,161 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 5 September 2017 for AED 1,025,000, or AED 882 per sqft, 9% below the AED 966 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 512 over time

Sales
Unit 512, 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, September 2017: AED 1,025,000 (AED 882 per sqft)

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

Rents
Unit 512, 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 88,000

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 512 sits

All 64 2-beds →

512 last sold in September 2017 at AED 882 per sqft, 9% below what two-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 966). 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.

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
5052-bedAED 1.11M · Oct 2015
5061-bedAED 570K · Mar 2019
5071-bedAED 600K · Jan 2019
1–7 of 21

512, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 5 September 2017 for AED 1,025,000, or AED 882 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 2017.

Questions about 512, Glitz Residence 3 Tower 2

What did unit 512 last sell for?

AED 1,025,000 on 5 September 2017, sold by the developer: AED 882 per sqft for 1,161 sqft. It is the only registered sale of the unit.

How big is unit 512?

1,161 sqft (107.9 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 512 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 512, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 1.03M, 5 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

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