2-bed · 1,293 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 8th floor · completed 2017

804, Glitz Residence 3 Tower 2

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

Unit 804 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 1.25M27 October 2015
Current rentAED 67K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Glitz Residence 3 Tower 2

What is 804 worth today?

Last sold for AED 1,250,000 in 2015

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20 May 2024RentedRenewal
AED 66,550/yr12 months · AED 51 per sqft
20 May 2023RentedNew contract
AED 60,500/yr12 months · AED 47 per sqft
20 May 2022RentedRenewal
AED 55,000/yr12 months · AED 43 per sqft
20 May 2021RentedNew contract
AED 50,000/yr12 months · AED 39 per sqft
5 Jan 2021RentedRenewal
AED 49,800/yr4 months · AED 39 per sqft
5 Jan 2020RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft
15 Oct 2018RentedNew contract
AED 77,000/yr12 months · AED 60 per sqft
27 Oct 2015Sold by developerOff-plan
AED 1,250,000AED 966 per sqft

Source: Dubai Land Department. Updated 20 May 2024.

Key facts

Type
2-bed apartment
Size
1,293 sqft
Floor
8th of 8
Parking
B-164, B-165
Developer
Danube Properties Development
Completed
2017
Service charge
AED 20,200 /yr
Last sold
AED 1.25M · October 2015

About 804, Glitz Residence 3 Tower 2

804 is a two-bedroom apartment of 1,293 sqft on the 8th 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 1,250,000, or AED 966 per sqft, in line with the AED 960 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 20 May 2024, is AED 66,550 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 20,200 a year.

Sales and rents for 804 over time

Sales
Unit 804, 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 1,250,000 (AED 966 per sqft)

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

Rents
Unit 804, 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, October 2018: AED 77,000 a yearNew contract, January 2020: AED 60,000 a yearRenewal, January 2021: AED 49,800 a yearNew contract, May 2021: AED 50,000 a yearRenewal, May 2022: AED 55,000 a yearNew contract, May 2023: AED 60,500 a yearRenewal, May 2024: AED 66,550 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 804 sits

All 64 2-beds →

804 last sold in October 2015 at AED 966 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. 804's AED 66,550 is in the lower 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 8th floor

All 176 units in Glitz Residence 3 Tower 2
Value
8013-bedAED 1.28M · Nov 2026
802StudioAED 525K · Nov 2025
8031-bedAED 630K · Jan 2019
8052-bedAED 1.11M · Oct 2015
8061-bedAED 817K · Nov 2018
8071-bedAED 650K · Dec 2018
8081-bedAED 786K · Oct 2015
1–7 of 21

804, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 27 October 2015 for AED 1,250,000, or AED 966 per sqft.
  • Rented since October 2018 on 7 Ejari contracts. The rent fell from AED 77,000 to AED 49,800 in 2021 and recovered to AED 66,550 by May 2024.
  • At AED 66,550 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 20,200 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 20 May 2024.

Questions about 804, Glitz Residence 3 Tower 2

What did unit 804 last sell for?

AED 1,250,000 on 27 October 2015, sold by the developer: AED 966 per sqft for 1,293 sqft. It is the only registered sale of the unit.

What is the rent for unit 804?

AED 66,550 a year on the contract renewed on 20 May 2024. The previous contract, from May 2023, was AED 60,500; the unit has been rented since October 2018.

How big is unit 804?

1,293 sqft (120.1 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2017.

What is unit 804 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 804, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 1.25M, 27 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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