3-bed · 1,350 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 5th floor · completed 2017

513, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 1.38M29 October 2015
Current rentAED 110K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, Glitz Residence 3 Tower 2

What is 513 worth today?

Last sold for AED 1,375,000 in 2015

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15 Feb 2026RentedRenewal
AED 110,000/yr12 months · AED 81 per sqft
15 Feb 2025RentedNew contract
AED 110,000/yr12 months · AED 81 per sqft
15 Feb 2025RentedNew contract
AED 110,000/yr12 months · AED 81 per sqft
15 Feb 2024RentedNew contract
AED 100,000/yr12 months · AED 74 per sqft
31 Aug 2022RentedRenewal
AED 74,250/yr12 months · AED 55 per sqft
1 Sep 2021RentedNew contract
AED 67,682/yr12 months · AED 50 per sqft
25 Jul 2020RentedNew contract
AED 65,000/yr12 months · AED 48 per sqft
1 May 2019RentedNew contract
AED 88,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
3-bed apartment
Size
1,350 sqft
Floor
5th of 8
Parking
B-136, B-137
Developer
Danube Properties Development
Completed
2017
Service charge
AED 21,100 /yr
Last sold
AED 1.38M · October 2015

About 513, Glitz Residence 3 Tower 2

513 is a three-bedroom apartment of 1,350 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 29 October 2015 for AED 1,375,000, or AED 1,018 per sqft, in line with the AED 996 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 110,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 21,100 a year.

Sales and rents for 513 over time

Sales
Unit 513, each saleTypical three-bed in Glitz Residence 3 Tower 2
1M2015201820212024Typical sale price by year: 2015 AED 1,350,000; 2021 AED 800,000; 2023 AED 1,025,000Sold by developer, October 2015: AED 1,375,000 (AED 1,018 per sqft)

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

Rents
Unit 513, each contractTypical three-bed in Glitz Residence 3 Tower 2
75K100K2018202120242027Typical rent by year: 2018 AED 81,500; 2019 AED 80,000; 2020 AED 68,000; 2021 AED 68,841; 2022 AED 71,500; 2023 AED 80,000; 2024 AED 100,000; 2025 AED 110,000; 2026 AED 112,500New contract, May 2019: AED 88,000 a yearNew contract, July 2020: AED 65,000 a yearNew contract, September 2021: AED 67,682 a yearRenewal, August 2022: AED 74,250 a yearNew contract, February 2024: AED 100,000 a yearNew contract, February 2025: AED 110,000 a yearNew contract, February 2025: AED 110,000 a yearRenewal, February 2026: AED 110,000 a year

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

3-beds in Glitz Residence 3 Tower 2, and where 513 sits

All 16 3-beds →

513 last sold in October 2015 at AED 1,018 per sqft, in line with what three-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 996). Over the last 12 months three-beds sold for AED 1,275,000, around AED 941 per sqft, and rent for AED 105,000 to 118,000 a year. 513's AED 110,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Nov 20261,275,000
1 Sep 20251,400,000
28 Mar 20251,500,000
30 Oct 20241,275,000
1 3-bed sale 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

513, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 29 October 2015 for AED 1,375,000, or AED 1,018 per sqft.
  • Rented since May 2019 on 8 Ejari contracts. The rent fell from AED 88,000 to AED 65,000 in 2020 and recovered to AED 110,000 by February 2026.
  • At AED 110,000 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 21,100 a year (AED 15.66 per sqft).
  • Three-beds in Glitz Residence 3 Tower 2 sold for AED 1,275,000–1,275,000 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 2026.

Questions about 513, Glitz Residence 3 Tower 2

What did unit 513 last sell for?

AED 1,375,000 on 29 October 2015, sold by the developer: AED 1,018 per sqft for 1,350 sqft. It is the only registered sale of the unit.

What is the rent for unit 513?

AED 110,000 a year on the contract renewed on 15 February 2026. The previous contract, from February 2025, was AED 110,000; the unit has been rented since May 2019.

How big is unit 513?

1,350 sqft (125.4 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 513 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Glitz Residence 3 Tower 2 sold for AED 1,275,000 to 1,275,000 in the last 12 months, around AED 941 per sqft.

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Mortgage on 513, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 1.38M, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,000
Deposit, UAE resident (20%)
AED 275,000
Deposit, non-resident (40%)
AED 550,000
Monthly over 25 years at 3.7%
AED 5,626

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