2-bed · 1,134 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 8th floor · completed 2017

821, Glitz Residence 3 Tower 2

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 821 · DLD and Ejari recordsUpdated 13 September 2024
Last soldAED 968K13 September 2024
Current rentAED 70K /yr5 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 821, Glitz Residence 3 Tower 2

What is 821 worth today?

Last sold for AED 968,000 in 2024

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13 Sep 2024SoldReady
AED 968,000AED 853 per sqft
5 Nov 2023RentedRenewal
AED 70,000/yr12 months · AED 62 per sqft
5 Nov 2022RentedNew contract
AED 65,000/yr12 months · AED 57 per sqft
25 Sep 2021RentedRenewal
AED 55,000/yr12 months · AED 49 per sqft
25 Sep 2020RentedRenewal
AED 50,000/yr12 months · AED 44 per sqft
25 Sep 2019RentedRenewal
AED 75,000/yr12 months · AED 66 per sqft
25 Sep 2018RentedNew contract
AED 75,000/yr12 months · AED 66 per sqft
3 Apr 2016Sold by developerOff-plan
AED 1,085,000AED 956 per sqft

Source: Dubai Land Department. Updated 13 September 2024.

Key facts

Type
2-bed apartment
Size
1,134 sqft
Floor
8th of 8
Parking
B-119, B-120
Developer
Danube Properties Development
Completed
2017
Service charge
AED 17,800 /yr
Last sold
AED 968K · September 2024

About 821, Glitz Residence 3 Tower 2

821 is a two-bedroom apartment of 1,134 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. It last sold on 13 September 2024 for AED 968,000, or AED 853 per sqft, 6% above the AED 801 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 5 November 2023, is AED 70,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 17,800 a year.

Sales and rents for 821 over time

Sales
Unit 821, 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, April 2016: AED 1,085,000 (AED 956 per sqft)Sold, September 2024: AED 968,000 (AED 853 per sqft)

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

Rents
Unit 821, 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, September 2018: AED 75,000 a yearRenewal, September 2019: AED 75,000 a yearRenewal, September 2020: AED 50,000 a yearRenewal, September 2021: AED 55,000 a yearNew contract, November 2022: AED 65,000 a yearRenewal, November 2023: AED 70,000 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 821 sits

All 64 2-beds →

821 last sold in September 2024 at AED 853 per sqft, 6% above what two-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 801). 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. 821's AED 70,000 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
8042-bedAED 1.25M · Oct 2015
8052-bedAED 1.11M · Oct 2015
8061-bedAED 817K · Nov 2018
8071-bedAED 650K · Dec 2018
1–7 of 21

821, Glitz Residence 3 Tower 2 in numbers

  • Sold twice: first on 3 April 2016 for AED 1,085,000, last on 13 September 2024 for AED 968,000 (AED 853 per sqft).
  • Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2020 and recovered to AED 70,000 by November 2023.
  • At AED 70,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 17,800 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 13 September 2024.

Questions about 821, Glitz Residence 3 Tower 2

What did unit 821 last sell for?

AED 968,000 on 13 September 2024: AED 853 per sqft for 1,134 sqft. The unit has 2 registered sales; the first was AED 1,085,000 in April 2016.

What is the rent for unit 821?

AED 70,000 a year on the contract renewed on 5 November 2023. The previous contract, from November 2022, was AED 65,000; the unit has been rented since September 2018.

How big is unit 821?

1,134 sqft (105.4 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2017.

What is unit 821 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 821, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 968K, 13 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 968,000
Deposit, UAE resident (20%)
AED 193,600
Deposit, non-resident (40%)
AED 387,200
Monthly over 25 years at 3.7%
AED 3,960

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