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Glitz Residence 3 -Tower 2

A 1 bed in Glitz Residence 3 -Tower 2 costs a median AED 702,500, rents long-let for AED 62,000/yr (8.61% gross), and returns 13.55% short-let at the assumed 80% occupancy — +0.5 pts vs Dubai Studio City's 8.07% and +1.6 pts vs Dubai's 6.98% — from 12 sales and 89 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
4 in 12 months
Rental contracts · 1 bed
45 in 12 months
Buy
702,500AED
AED 1,003/sqft
Long-let
62,000AED
AED 84/sqft · 8.61%
Short-let
13.55%
AED 434/night · 0.62/sqft

Priced off the last 5 sales — most recent July 2026.

Yield spread
+0.5 pts
vs the Dubai Studio City median for this unit type
Turnover upside
+6.9%
new tenants pay more than sitting ones — 131 renewals
AED/yr/sqft
AED 84
Sales
12
Rental contracts
89
Renewal rent
AED 58,000/yr
12 months
+0.0%
3 years
+23.5%+7.3%/yr

Based on 12 sales and 89 rental contracts in the last 24 months. Rental data covers the whole Glitz Residence 3 project, not this tower alone.

Glitz Residence 3 -Tower 2 is an apartment building in Dubai Studio City, Dubai, one of the towers in the Glitz Residence 3 development. The closest metro station is Dubai Internet City and the nearest landmark Motor City. Land Department records for it run from 2015 to 2026, 532 registered sales in all — the 12 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
StudioAED 44,0001027.86%
-0.6 pts
33
1 bedAED 62,000848.61%
+0.5 pts
89
2 bedAED 88,000758.00%
+0.5 pts
59
3 bedAED 110,000818.63%9

Deltas compare each yield with the Dubai Studio City median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.
  • 3 bed: Priced off the last 5 sales — most recent September 2025.

Short-let rates around Glitz Residence 3 -Tower 2

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio500m4781.08AED 110,520AED 44,0002.5×21.05%3+
1 bed4340.62AED 95,217AED 62,0001.5×13.55%1+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.69 AED/night/sqft; latest Aug 2027, 0.39 AED/night/sqft; peak Jan 2027, 1.06 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Glitz Residence 3 -Tower 2 itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

14 resales in the last 12 months, against 19 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
9 Jul 20261 bed739AED 720,000975
29 Jun 20261 bed673AED 705,0001,047

2 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro
Dubai Internet City
Landmark
Motor City

Compare with nearby buildings

The most-traded buildings in Glitz Residence 3, on the same figures over the same window.

Common questions

What is the rental yield in Glitz Residence 3 -Tower 2?
Glitz Residence 3 -Tower 2 returns 8.61% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 89 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Glitz Residence 3 -Tower 2 cost?
The median registered sale price is AED 702,500 (1,003 AED/sqft), from 12 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in Glitz Residence 3 -Tower 2 risen or fallen?
Median price per square foot moved +5.4% over the last 12 months against the 12 before it, on 12 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Glitz Residence 3 -Tower 2 compare with Dubai Studio City?
Its 8.61% gross yield sits +0.5 pts against the Dubai Studio City median of 8.07%, computed at the same bedroom grain over the same 24-month window.
Does Glitz Residence 3 -Tower 2 earn more short-let than long-let?
A night asks a median of AED 434, which models to 13.55% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 8.61% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Glitz Residence 3 -Tower 2 rental record

Record type
Building-level property market record
Data date
Evidence base
89 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/rent/apartments/dubai/dubai-studio-city/glitz-residence-3-tower-2
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Glitz Residence 3 -Tower 2 rents and yield.” Dubai Studio City, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/dubai-studio-city/glitz-residence-3-tower-2.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.