1-bed · 666 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 3rd floor · completed 2017

315, Glitz Residence 3 Tower 2

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

Unit 315 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 796K1 September 2015
Current rentAED 48K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Glitz Residence 3 Tower 2

What is 315 worth today?

Last sold for AED 796,000 in 2015

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1 Sep 2023RentedRenewal
AED 48,000/yr12 months · AED 72 per sqft
1 Sep 2021RentedNew contract
AED 36,000/yr12 months · AED 53 per sqft
15 Aug 2018RentedNew contract
AED 50,000/yr24 months · AED 74 per sqft
1 Sep 2015Sold by developerOff-plan
AED 796,000AED 1,195 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2023.

Key facts

Type
1-bed apartment
Size
666 sqft
Floor
3rd of 8
Parking
B-246
Developer
Danube Properties Development
Completed
2017
Service charge
AED 10,400 /yr
Last sold
AED 796K · September 2015

About 315, Glitz Residence 3 Tower 2

315 is a one-bedroom apartment of 666 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 1 September 2015 for AED 796,000, or AED 1,195 per sqft, in line with the AED 1,177 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 48,000 a year: a gross yield of 6.0% on the 2015 price, before the service charge of about AED 10,400 a year.

Sales and rents for 315 over time

Sales
Unit 315, 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, September 2015: AED 796,000 (AED 1,195 per sqft)

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

Rents
Unit 315, 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, August 2018: AED 50,000 a yearNew contract, September 2021: AED 36,000 a yearRenewal, September 2023: AED 48,000 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 315 sits

All 78 1-beds →

315 last sold in September 2015 at AED 1,195 per sqft, in line with what one-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 1,177). 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. 315's AED 48,000 is at the bottom 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
3061-bedAED 570K · Feb 2019
3071-bedAED 600K · Mar 2019
1–7 of 21

315, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 1 September 2015 for AED 796,000, or AED 1,195 per sqft.
  • Rented since August 2018 on 3 Ejari contracts. The rent fell from AED 50,000 to AED 36,000 in 2021 and recovered to AED 48,000 by September 2023.
  • At AED 48,000 a year the gross yield on the 2015 price is 6.0%, before a service charge of about AED 10,400 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: YallaValue analysis of Dubai Land Department records. Updated 1 September 2023.

Questions about 315, Glitz Residence 3 Tower 2

What did unit 315 last sell for?

AED 796,000 on 1 September 2015, sold by the developer: AED 1,195 per sqft for 666 sqft. It is the only registered sale of the unit.

What is the rent for unit 315?

AED 48,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2021, was AED 36,000; the unit has been rented since August 2018.

How big is unit 315?

666 sqft (61.9 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 315 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 315, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 796K, 1 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 796,000
Deposit, UAE resident (20%)
AED 159,200
Deposit, non-resident (40%)
AED 318,400
Monthly over 25 years at 3.7%
AED 3,257

Plus AED 38,442 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →