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

221, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 221 · DLD and Ejari recordsUpdated 18 August 2025
Last soldAED 1.09M27 October 2015
Current rentAED 90K /yr18 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 221, Glitz Residence 3 Tower 2

What is 221 worth today?

Last sold for AED 1,085,000 in 2015

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18 Aug 2025RentedNew contract
AED 90,000/yr12 months · AED 79 per sqft
19 Aug 2024RentedNew contract
AED 72,500/yr12 months · AED 64 per sqft
20 Aug 2022RentedNew contract
AED 60,000/yr12 months · AED 53 per sqft
25 Aug 2021RentedNew contract
AED 55,000/yr12 months · AED 49 per sqft
1 Sep 2020RentedNew contract
AED 48,000/yr12 months · AED 42 per sqft
1 Nov 2019RentedRenewal
AED 69,000/yr12 months · AED 61 per sqft
1 Nov 2018RentedNew contract
AED 69,000/yr12 months · AED 61 per sqft
27 Oct 2015Sold by developerOff-plan
AED 1,085,000AED 956 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 August 2025.

Key facts

Type
2-bed apartment
Size
1,134 sqft
Floor
2nd of 8
Parking
B-236, B-237
Developer
Danube Properties Development
Completed
2017
Service charge
AED 17,800 /yr
Last sold
AED 1.09M · October 2015

About 221, Glitz Residence 3 Tower 2

221 is a two-bedroom apartment of 1,134 sqft on the 2nd 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 27 October 2015 for AED 1,085,000, or AED 956 per sqft, in line with the AED 960 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 18 August 2025, is AED 90,000 a year: a gross yield of 8.3% on the 2015 price, before the service charge of about AED 17,800 a year.

Sales and rents for 221 over time

Sales
Unit 221, 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 2015: AED 1,085,000 (AED 956 per sqft)

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

Rents
Unit 221, each contractTypical two-bed in Glitz Residence 3 Tower 2
60K80K201820212024Typical 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, November 2018: AED 69,000 a yearRenewal, November 2019: AED 69,000 a yearNew contract, September 2020: AED 48,000 a yearNew contract, August 2021: AED 55,000 a yearNew contract, August 2022: AED 60,000 a yearNew contract, August 2024: AED 72,500 a yearNew contract, August 2025: AED 90,000 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 2, and where 221 sits

All 62 2-beds →

221 last sold in October 2015 at AED 956 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. 221's AED 90,000 is in the upper half 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 2nd floor

All 176 units in Glitz Residence 3 Tower 2
Value
2013-bedAED 765K · Oct 2021
202AED 590K · Aug 2025
2031-bedAED 830K · Dec 2018
2042-bedAED 1.09M · Dec 2025
2052-bedAED 950K · May 2024
2061-bedAED 700K · Mar 2025
2071-bedAED 550K · Feb 2019
1–7 of 21

221, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 27 October 2015 for AED 1,085,000, or AED 956 per sqft.
  • Rented since November 2018 on 7 Ejari contracts. The rent fell from AED 69,000 to AED 48,000 in 2020 and recovered to AED 90,000 by August 2025.
  • At AED 90,000 a year the gross yield on the 2015 price is 8.3%, before a service charge of about AED 17,800 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: YallaValue analysis of Dubai Land Department records. Updated 18 August 2025.

Questions about 221, Glitz Residence 3 Tower 2

What did unit 221 last sell for?

AED 1,085,000 on 27 October 2015, sold by the developer: AED 956 per sqft for 1,134 sqft. It is the only registered sale of the unit.

What is the rent for unit 221?

AED 90,000 a year on the contract signed on 18 August 2025. The previous contract, from August 2024, was AED 72,500; the unit has been rented since November 2018.

How big is unit 221?

1,134 sqft (105.4 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.

What is unit 221 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 221, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 1.09M, 27 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,085,000
Deposit, UAE resident (20%)
AED 217,000
Deposit, non-resident (40%)
AED 434,000
Monthly over 25 years at 3.7%
AED 4,439

Plus AED 50,580 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →