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

321, Glitz Residence 3 Tower 1

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 321 · DLD and Ejari recordsUpdated 20 February 2025
Last soldAED 850K19 July 2023
Current rentAED 86K /yr20 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 321, Glitz Residence 3 Tower 1

What is 321 worth today?

Last sold for AED 850,000 in 2023

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20 Feb 2025RentedNew contract
AED 86,000/yr12 months · AED 76 per sqft
11 Jan 2024RentedNew contract
AED 79,000/yr12 months · AED 70 per sqft
19 Jul 2023SoldReady
AED 850,000AED 749 per sqft
3 Jul 2023RentedNew contract
AED 75,000/yr12 months · AED 66 per sqft
26 May 2023SoldReady
AED 705,515AED 622 per sqft
1 May 2022RentedNew contract
AED 60,000/yr12 months · AED 53 per sqft
1 Apr 2021RentedNew contract
AED 40,000/yr13 months · AED 35 per sqft
1 Jun 2019RentedNew contract
AED 68,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 20 February 2025.

Key facts

Type
2-bed apartment
Size
1,134 sqft
Floor
3rd of 8
Parking
B-311, B-310
Developer
Danube Properties Development
Completed
2017
Service charge
AED 17,800 /yr
Last sold
AED 850K · July 2023

About 321, Glitz Residence 3 Tower 1

321 is a two-bedroom apartment of 1,134 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 19 July 2023 for AED 850,000, or AED 749 per sqft, 6% above the AED 708 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 20 February 2025, is AED 86,000 a year: a gross yield of 10.1% on the 2023 price, before the service charge of about AED 17,800 a year.

Sales and rents for 321 over time

Sales
Unit 321, 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 1,085,000 (AED 956 per sqft)Sold, May 2023: AED 705,515 (AED 622 per sqft)Sold, July 2023: AED 850,000 (AED 749 per sqft)

321 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 321, each contractTypical two-bed in Glitz Residence 3 Tower 1
50K75K2018202120242027Typical 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, June 2019: AED 68,000 a yearNew contract, April 2021: AED 40,000 a yearNew contract, May 2022: AED 60,000 a yearNew contract, July 2023: AED 75,000 a yearNew contract, January 2024: AED 79,000 a yearNew contract, February 2025: AED 86,000 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 321 sits

All 63 2-beds →

321 last sold in July 2023 at AED 749 per sqft, 6% above what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 708). 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. 321's AED 86,000 is in the upper 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
3042-bedAED 1.25M · Sep 2015
3052-bedAED 830K · Aug 2023
3061-bedAED 820K · Oct 2015
3071-bedAED 820K · Sep 2015
1–7 of 21

321, Glitz Residence 3 Tower 1 in numbers

  • Sold 3 times: first on 21 September 2015 for AED 1,085,000, last on 19 July 2023 for AED 850,000 (AED 749 per sqft).
  • Rented since June 2019 on 6 Ejari contracts. The rent fell from AED 68,000 to AED 40,000 in 2021 and recovered to AED 86,000 by February 2025.
  • At AED 86,000 a year the gross yield on the 2023 price is 10.1%, before a service charge of about AED 17,800 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: Dubai Land Department. Updated 20 February 2025.

Questions about 321, Glitz Residence 3 Tower 1

What did unit 321 last sell for?

AED 850,000 on 19 July 2023: AED 749 per sqft for 1,134 sqft. The unit has 3 registered sales; the first was AED 1,085,000 in September 2015.

What is the rent for unit 321?

AED 86,000 a year on the contract signed on 20 February 2025. The previous contract, from January 2024, was AED 79,000; the unit has been rented since June 2019.

How big is unit 321?

1,134 sqft (105.4 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 321 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 321, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 850K, 19 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

Plus AED 40,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →