1-bed · 739 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 3rd floor · completed 2017

306, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in February 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 21 April 2025
Last soldAED 570K10 February 2019
Current rentAED 52K /yr21 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Glitz Residence 3 Tower 2

What is 306 worth today?

Last sold for AED 570,000 in 2019

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21 Apr 2025RentedRenewal
AED 52,000/yr12 months · AED 70 per sqft
21 Apr 2024RentedNew contract
AED 52,000/yr12 months · AED 70 per sqft
20 Apr 2022RentedRenewal
AED 37,000/yr12 months · AED 51 per sqft
12 Nov 2019RentedNew contract
AED 47,000/yr12 months · AED 63 per sqft
17 May 2019RentedNew contract
AED 50,000/yr12 months · AED 67 per sqft
10 Feb 2019Sold by developerReady
AED 570,000AED 771 per sqft

Source: Dubai Land Department. Updated 21 April 2025.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
3rd of 8
Parking
B-87
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 570K · February 2019

About 306, Glitz Residence 3 Tower 2

306 is a one-bedroom apartment of 739 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 10 February 2019 for AED 570,000, or AED 771 per sqft, 9% below the AED 847 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 21 April 2025, is AED 52,000 a year: a gross yield of 9.1% on the 2019 price, before the service charge of about AED 11,600 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Glitz Residence 3 Tower 2
600K800K2015201820212024Typical sale price by year: 2015 AED 830,000; 2016 AED 820,000; 2018 AED 813,400; 2019 AED 585,000; 2021 AED 475,000; 2022 AED 522,500; 2024 AED 645,000; 2025 AED 700,000Sold by developer, February 2019: AED 570,000 (AED 771 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in Glitz Residence 3 Tower 2
40K60K2018202120242027Typical rent by year: 2018 AED 52,000; 2019 AED 50,000; 2020 AED 45,000; 2021 AED 37,000; 2022 AED 41,400; 2023 AED 47,000; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 61,000New contract, May 2019: AED 50,000 a yearNew contract, November 2019: AED 47,000 a yearRenewal, April 2022: AED 37,000 a yearNew contract, April 2024: AED 52,000 a yearRenewal, April 2025: AED 52,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Glitz Residence 3 Tower 2, and where 306 sits

All 78 1-beds →

306 last sold in February 2019 at AED 771 per sqft, 9% below what one-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 847). Over the last 12 months one-beds sold for AED 700,000, around AED 1,039 per sqft, and rent for AED 51,700 to 73,000 a year. 306's AED 52,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 2026700,000
7 Jul 2025725,000
12 Jun 2025700,000
27 Mar 2025700,000
1 1-bed sale 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
3042-bedAED 1.25M · Sep 2016
3052-bedAED 1.12M · Jul 2017
3071-bedAED 600K · Mar 2019
3081-bedAED 786K · Sep 2015
1–7 of 21

306, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 10 February 2019 for AED 570,000, or AED 771 per sqft.
  • Rented since May 2019 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 37,000 in 2022 and recovered to AED 52,000 by April 2025.
  • At AED 52,000 a year the gross yield on the 2019 price is 9.1%, before a service charge of about AED 11,600 a year (AED 15.66 per sqft).
  • One-beds in Glitz Residence 3 Tower 2 sold for AED 700,000–700,000 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 April 2025.

Questions about 306, Glitz Residence 3 Tower 2

What did unit 306 last sell for?

AED 570,000 on 10 February 2019, sold by the developer: AED 771 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 52,000 a year on the contract renewed on 21 April 2025. The previous contract, from April 2024, was AED 52,000; the unit has been rented since May 2019.

How big is unit 306?

739 sqft (68.7 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Glitz Residence 3 Tower 2 sold for AED 700,000 to 700,000 in the last 12 months, around AED 1,039 per sqft.

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Mortgage on 306, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 570K, 10 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

Plus AED 28,950 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →