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.
Rent history
Median annual rent per sqft registered in Glitz Residence 3 -Tower 2, by year.
Chart data: Jun 2018, 86 AED/yr/sqft; latest, Aug 2026, 78 AED/yr/sqft; peak, Feb 2025, 91 AED/yr/sqft.
Rents by bedroom type
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
- 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
Nightly rate per sqft through the year
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
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
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.
- Highest rental yields in Dubai Studio City · Glitz Residence 3 -Tower 2 places 6th of 12
- Glitz Residence 3 -Tower 1 · 5.47%
- Azizi Mirage 1 · 9.42%
- AZIZI Mirage 1 - TOWER 2 · 9.33%
- Laya Heights · 11.06%
- Samana Golf Avenue · 8.73%
- Azizi Vista · 7.50%
- Celia Residence · 6.25%
- Glitz Residence 2 · 11.11%
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.
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
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.