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

304, Glitz Residence 3 Tower 1

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

Unit 304 · DLD and Ejari recordsUpdated 25 September 2025
Last soldAED 1.25M1 September 2015
Current rentAED 80K /yr25 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Glitz Residence 3 Tower 1

What is 304 worth today?

Last sold for AED 1,250,000 in 2015

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25 Sep 2025RentedRenewal
AED 80,000/yr12 months · AED 62 per sqft
25 Sep 2024RentedRenewal
AED 80,000/yr12 months · AED 62 per sqft
25 Sep 2023RentedNew contract
AED 80,000/yr12 months · AED 62 per sqft
15 Sep 2022RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft
6 Aug 2021RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft
6 Aug 2020RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft
15 May 2019RentedNew contract
AED 74,000/yr12 months · AED 57 per sqft
1 Sep 2015Sold by developerOff-plan
AED 1,250,000AED 966 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2025.

Key facts

Type
2-bed apartment
Size
1,293 sqft
Floor
3rd of 8
Parking
B-338, B-339
Developer
Danube Properties Development
Completed
2017
Service charge
AED 20,200 /yr
Last sold
AED 1.25M · September 2015

About 304, Glitz Residence 3 Tower 1

304 is a two-bedroom apartment of 1,293 sqft on the 3rd floor of Glitz Residence 3 Tower 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 1 September 2015 for AED 1,250,000, or AED 966 per sqft, in line with the AED 943 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 25 September 2025, is AED 80,000 a year: a gross yield of 6.4% on the 2015 price, before the service charge of about AED 20,200 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Glitz Residence 3 Tower 1
800K1M1.2M20152018202120242027Typical sale price by year: 2015 AED 1,095,000; 2016 AED 1,115,000; 2017 AED 1,112,500; 2018 AED 1,105,000; 2019 AED 1,019,100; 2023 AED 850,000; 2024 AED 1,000,000; 2025 AED 1,140,000; 2026 AED 1,100,000Sold by developer, September 2015: AED 1,250,000 (AED 966 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Glitz Residence 3 Tower 1
60K80K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 72,000; 2020 AED 58,000; 2021 AED 54,000; 2022 AED 60,000; 2023 AED 68,250; 2024 AED 71,826; 2025 AED 80,262; 2026 AED 90,000New contract, May 2019: AED 74,000 a yearNew contract, August 2020: AED 60,000 a yearNew contract, August 2021: AED 60,000 a yearNew contract, September 2022: AED 65,000 a yearNew contract, September 2023: AED 80,000 a yearRenewal, September 2024: AED 80,000 a yearRenewal, September 2025: AED 80,000 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 1, and where 304 sits

All 63 2-beds →

304 last sold in September 2015 at AED 966 per sqft, in line with what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 943). Over the last 12 months two-beds sold for AED 1,060,000 to 1,120,000, around AED 956 per sqft, and rent for AED 66,150 to 97,000 a year. 304's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Feb 20261,120,000
30 Jan 20261,060,000
26 Jan 20261,100,000
23 Jun 20251,140,000
3 2-bed sales in the last 12 months

Glitz Residence 3 Tower 1

Building

176 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 6 sold in the last 12 months.

Typical price per sqft
AED 960
Typical sale
AED 1.08M
Typical rent
AED 63K /yr
Typical yield
8.1%
Glitz Residence 3 Tower 1, Dubai Studio City: prices, sales and rents →

Other units on the 3rd floor

All 176 units in Glitz Residence 3 Tower 1
Value
3013-bedAED 890K · Nov 2022
302AED 525K · Aug 2025
3031-bedAED 820K · Oct 2015
3052-bedAED 830K · Aug 2023
3061-bedAED 820K · Oct 2015
3071-bedAED 820K · Sep 2015
3081-bedAED 786K · Jul 2015
1–7 of 21

304, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 1 September 2015 for AED 1,250,000, or AED 966 per sqft.
  • Rented since May 2019 on 7 Ejari contracts. The rent fell from AED 74,000 to AED 60,000 in 2021 and recovered to AED 80,000 by September 2025.
  • At AED 80,000 a year the gross yield on the 2015 price is 6.4%, before a service charge of about AED 20,200 a year (AED 15.66 per sqft).
  • Two-beds in Glitz Residence 3 Tower 1 sold for AED 1,060,000–1,120,000 in the 12 months to November 2026; the building's median across all types is AED 960 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2025.

Questions about 304, Glitz Residence 3 Tower 1

What did unit 304 last sell for?

AED 1,250,000 on 1 September 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 304?

AED 80,000 a year on the contract renewed on 25 September 2025. The previous contract, from September 2024, was AED 80,000; the unit has been rented since May 2019.

How big is unit 304?

1,293 sqft (120.1 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 304 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 1 sold for AED 1,060,000 to 1,120,000 in the last 12 months, around AED 956 per sqft.

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Mortgage on 304, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.25M, 1 September 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 AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →