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

304, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in September 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 21 March 2025
Last soldAED 1.25M26 September 2016
Current rentAED 74K /yr21 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Glitz Residence 3 Tower 2

What is 304 worth today?

Last sold for AED 1,250,000 in 2016

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21 Mar 2025RentedRenewal
AED 73,500/yr12 months · AED 57 per sqft
21 Mar 2023RentedNew contract
AED 70,000/yr12 months · AED 54 per sqft
1 Aug 2022RentedNew contract
AED 64,800/yr6 months · AED 50 per sqft
1 Jun 2021RentedNew contract
AED 50,000/yr12 months · AED 39 per sqft
1 Mar 2021RentedNew contract
AED 50,000/yr12 months · AED 39 per sqft
2 Feb 2020RentedNew contract
AED 80,000/yr12 months · AED 62 per sqft
26 Sep 2016Sold by developerOff-plan
AED 1,250,000AED 966 per sqft

Source: Dubai Land Department. Updated 21 March 2025.

Key facts

Type
2-bed apartment
Size
1,293 sqft
Floor
3rd of 8
Parking
B-198, B-199
Developer
Danube Properties Development
Completed
2017
Service charge
AED 20,200 /yr
Last sold
AED 1.25M · September 2016

About 304, Glitz Residence 3 Tower 2

304 is a two-bedroom apartment of 1,293 sqft on the 3rd 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 26 September 2016 for AED 1,250,000, or AED 966 per sqft, in line with the AED 960 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 21 March 2025, is AED 73,500 a year: a gross yield of 5.9% on the 2016 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 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, September 2016: 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 2
60K80K20182020202220242026Typical 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, February 2020: AED 80,000 a yearNew contract, March 2021: AED 50,000 a yearNew contract, June 2021: AED 50,000 a yearNew contract, August 2022: AED 64,800 a yearNew contract, March 2023: AED 70,000 a yearRenewal, March 2025: AED 73,500 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 304 sits

All 62 2-beds →

304 last sold in September 2016 at AED 966 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. 304's AED 73,500 is at the bottom 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 3rd floor

All 176 units in Glitz Residence 3 Tower 2
Value
3013-bedAED 1.05M · Oct 2023
302StudioAED 520K · Oct 2015
303AED 750K · Aug 2025
3052-bedAED 1.12M · Jul 2017
3061-bedAED 570K · Feb 2019
3071-bedAED 600K · Mar 2019
3081-bedAED 786K · Sep 2015
1–7 of 21

304, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 26 September 2016 for AED 1,250,000, or AED 966 per sqft.
  • Rented since February 2020 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 50,000 in 2021 and recovered to AED 73,500 by March 2025.
  • At AED 73,500 a year the gross yield on the 2016 price is 5.9%, before a service charge of about AED 20,200 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 21 March 2025.

Questions about 304, Glitz Residence 3 Tower 2

What did unit 304 last sell for?

AED 1,250,000 on 26 September 2016, 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 73,500 a year on the contract renewed on 21 March 2025. The previous contract, from March 2023, was AED 70,000; the unit has been rented since February 2020.

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 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 304, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 1.25M, 26 September 2016). 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 →