309, Glitz Residence 2
Sold prices and rental history: sold once, by the developer in August 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Glitz Residence 2
What is 309 worth today?
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Source: Dubai Land Department. Updated 10 July 2019.
Key facts
- Type
- 3-bed apartment
- Size
- 1,647 sqft
- Floor
- 3rd of 8
- Parking
- B-149, B-36
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 27,300 /yr
- Last sold
- AED 1.5M · August 2015
- Building
- Glitz Residence 2
About 309, Glitz Residence 2
309 is a three-bedroom apartment of 1,647 sqft on the 3rd floor of Glitz Residence 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 18 August 2015 for AED 1,495,000, or AED 907 per sqft, in line with the AED 907 three-beds in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 10 July 2019, is AED 80,000 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 27,300 a year.
Sales and rents for 309 over time
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 2, and where 309 sits
All 14 3-beds →309 last sold in August 2015 at AED 907 per sqft, in line with what three-beds in Glitz Residence 2 were fetching at the time (AED 907). 309's AED 80,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Mar 202527 March 2025 | 1,647 sqft | 1,300,000 | 789 | ||
| 22 Apr 202422 April 2024 | 1,647 sqft | 1,200,000 | 728 | ||
| 1 Jul 20211 July 2021 | 1,647 sqft | 850,000 | 515 | ||
| 30 May 202130 May 2021 | 1,647 sqft | 900,000 | 546 |
Glitz Residence 2
Building146 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,140
- Typical sale
- AED 530K
- Typical rent
- AED 60K /yr
- Typical yield
- 7.7%
Other units on the 3rd floor
All 146 units in Glitz Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 786 sqft | AED 550KAED 550,000 · Mar 2020March 2020 | 53,000 /yr | |
| 302 | Studio | 235 sqft | AED 253KAED 252,500 · Mar 2016March 2016 | 44,100 /yr | |
| 303 | 2-bed | 1,200 sqft | AED 900KAED 900,000 · Jan 2024January 2024 | 80,000 /yr | |
| 304 | 2-bed | 1,196 sqft | AED 1.11MAED 1,105,000 · Aug 2015August 2015 | 80,000 /yr | |
| 305 | Studio | 490 sqft | AED 535KAED 535,000 · Aug 2015August 2015 | 25,000 /yr | |
| 306 | 1-bed | 672 sqft | AED 690KAED 690,000 · Dec 2024December 2024 | 60,000 /yr | |
| 307 | 1-bed | 739 sqft | AED 470KAED 470,000 · Oct 2019October 2019 | ||
| 308 | 1-bed | 674 sqft | AED 770KAED 770,000 · Apr 2015April 2015 | 59,500 /yr | |
| 310 | 3-bed | 1,647 sqft | AED 1.5MAED 1,495,000 · Aug 2015August 2015 | 75,000 /yr | |
| 311 | 1-bed | 675 sqft | AED 770KAED 770,000 · Jun 2015June 2015 | 58,433 /yr | |
| 312 | 1-bed | 739 sqft | AED 530KAED 530,000 · Sep 2023September 2023 | 39,913 /yr | |
| 313 | 1-bed | 674 sqft | AED 655KAED 655,000 · Jun 2024June 2024 | 55,000 /yr | |
| 314 | Studio | 490 sqft | AED 535KAED 535,000 · Sep 2015September 2015 | 21,000 /yr | |
| 315 | 2-bed | 1,197 sqft | AED 1.11MAED 1,105,000 · Aug 2015August 2015 | 70,000 /yr | |
| 316 | 2-bed | 1,175 sqft | AED 1.09MAED 1,090,000 · Jun 2015June 2015 | 78,000 /yr | |
| 317 | Studio | 451 sqft | AED 505KAED 505,000 · Jun 2015June 2015 | 34,788 /yr | |
| 318 | 1-bed | 762 sqft | AED 805KAED 805,000 · Aug 2015August 2015 | 68,000 /yr |
309, Glitz Residence 2 in numbers
- Sold once: by Danube Properties Development on 18 August 2015 for AED 1,495,000, or AED 907 per sqft.
- Rented since April 2018 on 2 Ejari contracts, from AED 100,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 27,300 a year (AED 16.56 per sqft).
Source: Dubai Land Department. Updated 10 July 2019.
Questions about 309, Glitz Residence 2
What did unit 309 last sell for?
AED 1,495,000 on 18 August 2015, sold by the developer: AED 907 per sqft for 1,647 sqft. It is the only registered sale of the unit.
What is the rent for unit 309?
AED 80,000 a year on the contract signed on 10 July 2019. The previous contract, from April 2018, was AED 100,000.
How big is unit 309?
1,647 sqft (153.0 sqm): a three-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.
What is unit 309 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 309, Glitz Residence 2
Starts from the last sale price (AED 1.5M, 18 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,495,000
- Deposit, UAE resident (20%)
- AED 299,000
- Deposit, non-resident (40%)
- AED 598,000
- Monthly over 25 years at 3.7%
- AED 6,117
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →