2-bed · 1,150 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 5th floor · completed 2017

520, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 520 · DLD and Ejari recordsUpdated 16 June 2026
Last soldAED 1.11M16 August 2015
Current rentAED 90K /yr16 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 520, Glitz Residence 3 Tower 2

What is 520 worth today?

Last sold for AED 1,105,000 in 2015

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16 Jun 2026RentedRenewal
AED 90,000/yr12 months · AED 78 per sqft
16 Jun 2025RentedNew contract
AED 90,000/yr12 months · AED 78 per sqft
16 Jun 2025RentedNew contract
AED 90,000/yr12 months · AED 78 per sqft
1 Jun 2024RentedRenewal
AED 86,400/yr12 months · AED 75 per sqft
1 Jun 2023RentedRenewal
AED 72,000/yr12 months · AED 63 per sqft
1 Jun 2022RentedRenewal
AED 60,000/yr12 months · AED 52 per sqft
1 Jun 2021RentedRenewal
AED 50,000/yr12 months · AED 43 per sqft
1 Jun 2020RentedNew contract
AED 50,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 16 June 2026.

Key facts

Type
2-bed apartment
Size
1,150 sqft
Floor
5th of 8
Parking
B-212, B-213
Developer
Danube Properties Development
Completed
2017
Service charge
AED 18,000 /yr
Last sold
AED 1.11M · August 2015

About 520, Glitz Residence 3 Tower 2

520 is a two-bedroom apartment of 1,150 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 16 August 2015 for AED 1,105,000, or AED 961 per sqft, in line with the AED 961 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 16 June 2026, is AED 90,000 a year: a gross yield of 8.1% on the 2015 price, before the service charge of about AED 18,000 a year.

Sales and rents for 520 over time

Sales
Unit 520, 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, August 2015: AED 1,105,000 (AED 961 per sqft)

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

Rents
Unit 520, 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 88,000New contract, December 2018: AED 72,000 a yearNew contract, June 2020: AED 50,000 a yearRenewal, June 2021: AED 50,000 a yearRenewal, June 2022: AED 60,000 a yearRenewal, June 2023: AED 72,000 a yearRenewal, June 2024: AED 86,400 a yearNew contract, June 2025: AED 90,000 a yearNew contract, June 2025: AED 90,000 a yearRenewal, June 2026: AED 90,000 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 520 sits

All 64 2-beds →

520 last sold in August 2015 at AED 961 per sqft, in line with what two-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 961). 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. 520's AED 90,000 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
5052-bedAED 1.11M · Oct 2015
5061-bedAED 570K · Mar 2019
5071-bedAED 600K · Jan 2019
1–7 of 21

520, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 16 August 2015 for AED 1,105,000, or AED 961 per sqft.
  • Rented since December 2018 on 9 Ejari contracts. The rent fell from AED 72,000 to AED 50,000 in 2021 and recovered to AED 90,000 by June 2026.
  • At AED 90,000 a year the gross yield on the 2015 price is 8.1%, 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 16 June 2026.

Questions about 520, Glitz Residence 3 Tower 2

What did unit 520 last sell for?

AED 1,105,000 on 16 August 2015, sold by the developer: AED 961 per sqft for 1,150 sqft. It is the only registered sale of the unit.

What is the rent for unit 520?

AED 90,000 a year on the contract renewed on 16 June 2026. The previous contract, from June 2025, was AED 90,000; the unit has been rented since December 2018.

How big is unit 520?

1,150 sqft (106.8 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 520 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 520, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 1.11M, 16 August 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 →