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

109, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in October 2016, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 15 February 2025
Last soldAED 1.21M24 October 2016
Current rentAED 97K /yr15 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Glitz Residence 3 Tower 2

What is 109 worth today?

Last sold for AED 1,210,000 in 2016

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15 Feb 2025RentedRenewal
AED 96,600/yr12 months · AED 78 per sqft
1 Mar 2023RentedNew contract
AED 82,000/yr12 months · AED 66 per sqft
24 Oct 2016Sold by developerOff-plan
AED 1,210,000AED 974 per sqft

Source: Dubai Land Department. Updated 15 February 2025.

Key facts

Type
2-bed apartment
Size
1,242 sqft
Floor
1st of 8
Parking
B-210, B-211
Developer
Danube Properties Development
Completed
2017
Service charge
AED 19,400 /yr
Last sold
AED 1.21M · October 2016
Building
Glitz Residence 3 Tower 2

About 109, Glitz Residence 3 Tower 2

109 is a two-bedroom apartment of 1,242 sqft on the 1st floor of Glitz Residence 3 Tower 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 24 October 2016 for AED 1,210,000, or AED 974 per sqft, in line with the AED 960 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 15 February 2025, is AED 96,600 a year: a gross yield of 8.0% on the 2016 price, before the service charge of about AED 19,400 a year.

Sales and rents for 109 over time

Sales
Unit 109, 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 912,500; 2024 AED 968,000; 2025 AED 1,025,000Sold by developer, October 2016: AED 1,210,000 (AED 974 per sqft)

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

Rents
Unit 109, each contractTypical two-bed in Glitz Residence 3 Tower 2
50K75K100K20182020202220242026Typical rent by year: 2018 AED 75,000; 2019 AED 72,500; 2020 AED 58,000; 2021 AED 50,000; 2022 AED 61,000; 2023 AED 71,750; 2024 AED 80,000; 2025 AED 88,000New contract, March 2023: AED 82,000 a yearRenewal, February 2025: AED 96,600 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 109 sits

All 62 2-beds →

109 last sold in October 2016 at AED 974 per sqft, in line with what two-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 960). Over the last 12 months two-beds sold for AED 1,089,706 to 1,100,000, around AED 899 per sqft, and rent for AED 80,000 to 95,000 a year. 109's AED 96,600 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Dec 20251,089,706
17 Mar 2025850,000
25 Feb 20251,025,000
21 Oct 2024980,000
2 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. 5 sold in the last 12 months.

Typical price per sqft
AED 1,039
Typical sale
AED 700K
Typical rent
AED 64K /yr
Typical yield
8.1%
Glitz Residence 3 Tower 2, Dubai Studio City: prices, sales and rents →

Other units on the 1st floor

All 176 units in Glitz Residence 3 Tower 2
Value
1013-bedAED 1.35M · Oct 2015
102StudioAED 520K · Oct 2015
1031-bedAED 650K · Jul 2024
1042-bedAED 1.25M · Jan 2017
1052-bedAED 720K · Nov 2019
1061-bedAED 813K · Nov 2018
1071-bedAED 550K · Apr 2019
1–7 of 21

109, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 24 October 2016 for AED 1,210,000, or AED 974 per sqft.
  • Rented since March 2023 on 2 Ejari contracts, from AED 82,000 to AED 96,600 a year.
  • At AED 96,600 a year the gross yield on the 2016 price is 8.0%, before a service charge of about AED 19,400 a year (AED 15.66 per sqft).
  • Two-beds in Glitz Residence 3 Tower 2 sold for AED 1,089,706–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,039 per sqft.

Source: Dubai Land Department. Updated 15 February 2025.

Questions about 109, Glitz Residence 3 Tower 2

What did unit 109 last sell for?

AED 1,210,000 on 24 October 2016, sold by the developer: AED 974 per sqft for 1,242 sqft. It is the only registered sale of the unit.

What is the rent for unit 109?

AED 96,600 a year on the contract renewed on 15 February 2025. The previous contract, from March 2023, was AED 82,000.

How big is unit 109?

1,242 sqft (115.4 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 109 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 1,100,000 in the last 12 months, around AED 899 per sqft.

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Mortgage on 109, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 1.21M, 24 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,210,000
Deposit, UAE resident (20%)
AED 242,000
Deposit, non-resident (40%)
AED 484,000
Monthly over 25 years at 3.7%
AED 4,950

Plus AED 55,830 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →