2-bed · 1,242 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 3rd floor · completed 2017

309, Glitz Residence 3 Tower 1

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 31 May 2022

Last soldAED 820K31 May 2022

Current rentAED 63K /yr25 February 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 309, Glitz Residence 3 Tower 1

Today

What is 309 worth today?

Last sold for AED 820,000 in 2022

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31 May 2022

31 May 2022SoldReady

AED 820,000AED 660 per sqft

25 Feb 2022

25 Feb 2022RentedNew contract

AED 63,000/yr12 months · AED 51 per sqft

15 Feb 2021

15 Feb 2021RentedNew contract

AED 58,000/yr12 months · AED 47 per sqft

15 Aug 2020

15 Aug 2020RentedRenewal

AED 68,000/yr12 months · AED 55 per sqft

22 Jul 2019

22 Jul 2019RentedNew contract

AED 75,000/yr13 months · AED 61 per sqft

1 Aug 2018

1 Aug 2018RentedNew contract

AED 80,000/yr12 months · AED 65 per sqft

1 Aug 2018

1 Aug 2018RentedNew contract

AED 80,000/yr12 months · AED 65 per sqft

7 Dec 2016

7 Dec 2016Sold by developerOff-plan

AED 993,600AED 800 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 May 2022.

Key facts

Type: 2-bed apartment
Size: 1,242 sqft
Floor: 3rd of 8
Parking: G-01, G-02
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 19,400 /yr
Last sold: AED 820K · May 2022
Building: Glitz Residence 3 Tower 1

About 309, Glitz Residence 3 Tower 1

309 is a two-bedroom apartment of 1,242 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. It last sold on 31 May 2022 for AED 820,000, or AED 660 per sqft.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 25 February 2022, is AED 63,000 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 19,400 a year.

Sales and rents for 309 over time

Sales

Unit 309, each saleTypical two-bed in Glitz Residence 3 Tower 1

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

Rents

Unit 309, each contractTypical two-bed in Glitz Residence 3 Tower 1

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 309 sits

All 63 2-beds →

2-beds in Glitz Residence 3 Tower 1 · last 12 months956 /sqft Glitz Residence 3 Tower 1 · all types960 /sqft

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. 309's AED 63,000 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
5 Feb 20265 February 2026	1,161 sqft	1,120,000	964
30 Jan 202630 January 2026	1,152 sqft	1,060,000	920
26 Jan 202626 January 2026	1,150 sqft	1,100,000	956
23 Jun 202523 June 2025	1,150 sqft	1,140,000	991

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


301	3-bed	1,354 sqft	AED 890KAED 890,000 · Nov 2022November 2022	88,000 /yr
302		443 sqft	AED 525KAED 525,000 · Aug 2025August 2025	46,000 /yr
303	1-bed	743 sqft	AED 820KAED 820,000 · Oct 2015October 2015	52,599 /yr
304	2-bed	1,293 sqft	AED 1.25MAED 1,250,000 · Sep 2015September 2015	80,000 /yr
305	2-bed	1,152 sqft	AED 830KAED 830,000 · Aug 2023August 2023	55,000 /yr
306	1-bed	739 sqft	AED 820KAED 820,000 · Oct 2015October 2015	60,000 /yr
307	1-bed	739 sqft	AED 820KAED 820,000 · Sep 2015September 2015	55,000 /yr
308	1-bed	672 sqft	AED 786KAED 786,000 · Jul 2015July 2015
310	1-bed	779 sqft	AED 858KAED 857,500 · Oct 2016October 2016	61,000 /yr
311	2-bed	1,162 sqft	AED 1.1MAED 1,095,000 · Sep 2015September 2015	60,000 /yr
312	2-bed	1,161 sqft	AED 1.1MAED 1,095,000 · Jul 2015July 2015	70,180 /yr
313	3-bed	1,350 sqft	AED 1.35MAED 1,350,000 · Sep 2015September 2015
314	1-bed	820 sqft	AED 895KAED 895,000 · Oct 2015October 2015	65,000 /yr
315	1-bed	673 sqft	AED 786KAED 786,000 · Sep 2015September 2015	59,839 /yr
316		739 sqft	AED 790KAED 790,000 · Aug 2025August 2025	55,440 /yr
317	1-bed	739 sqft	AED 550KAED 550,000 · Aug 2023August 2023	62,000 /yr
318	1-bed	672 sqft	AED 735KAED 735,000 · Jun 2025June 2025	52,000 /yr
319	Studio	433 sqft	AED 390KAED 390,000 · Jul 2023July 2023	28,000 /yr
320	2-bed	1,150 sqft	AED 1MAED 1,000,000 · Jun 2024June 2024	75,000 /yr
321	2-bed	1,134 sqft	AED 850KAED 850,000 · Jul 2023July 2023	86,000 /yr
322	2-bed	1,166 sqft	AED 1.16MAED 1,160,000 · Sep 2015September 2015

1–7 of 21

309, Glitz Residence 3 Tower 1 in numbers

Sold twice: first on 7 December 2016 for AED 993,600, last on 31 May 2022 for AED 820,000 (AED 660 per sqft).
Rented since August 2018 on 6 Ejari contracts, from AED 80,000 to AED 63,000 a year.
At AED 63,000 a year the gross yield on the 2022 price is 7.7%, before a service charge of about AED 19,400 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 31 May 2022.

Questions about 309, Glitz Residence 3 Tower 1

What did unit 309 last sell for?

AED 820,000 on 31 May 2022: AED 660 per sqft for 1,242 sqft. The unit has 2 registered sales; the first was AED 993,600 in December 2016.

What is the rent for unit 309?

AED 63,000 a year on the contract signed on 25 February 2022. The previous contract, from February 2021, was AED 58,000; the unit has been rented since August 2018.

How big is unit 309?

1,242 sqft (115.4 sqm): a two-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. 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 309, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 820K, 31 May 2022). Switch to today's estimate once you have unlocked it.

Price: AED 820,000
Deposit, UAE resident (20%): AED 164,000
Deposit, non-resident (40%): AED 328,000
Monthly over 25 years at 3.7%: AED 3,355

Plus AED 39,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →