Glitz Residence 3 -Tower 1

1. Does it pay a good rent?7.8% gross, 6.0% after the service charge (Dubai median 6.8%)7.8%Fair
2. Are rents going up?New 2 bed leases: AED 90,000 a year ago, AED 86,000 now (pooled across the project)-4.4%
3. Are prices going up?All types: AED 1,004/sqft a year ago, 987 now-1.7%Fair
4. How fast do fees pay back?AED 71,910 in fees to buy a 2 bed; net rent covers it in 1.1 years1.1 yrsFair
5. Can I sell easily?16 sales in 12 months (22 the year before)16
6. Is a lot being built nearby?1,080 apartments are planned in Dubai Studio City from 2026 to 2028, equal to 53% of the 2,040 homes let there today. A further 1,060 are past their planned date. Dubai Studio City supply by year →53%Watch
7. Did earlier buyers gain?Up 43% for buyers 5 years ago; launch buyers still 10% down, before fees+43.3%Context

16 resales in the last 12 months, against 17 a year on average over 2023–2025.

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

At 2 bed, Glitz Residence 3 -Tower 1 has registered sale prices 28% below the Dubai Studio City median price per square foot of 1,337 AED, across 12 eligible buildings. It ranks 11th of 12 by price per square foot in Dubai Studio City.

Ejari files Glitz Residence 3’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · 2 bed
  8 registered sales in 12 months
  On record
• Rental evidence · 2 bed
  26 new and 34 renewal contracts in 12 months · rent source: project (pooled)
  Read with care
• Service charge
  AED 16.39/sqft a year, 2026 owners-association budget; 6.0% yield after it. Confirm against the latest invoice.
  On record
• Project register
  Glitz Residence 3: recorded complete 2017-11-30 · register data to 2026-07-06
  On record
• Developer
  Danube Properties · delivery record
  On record
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

What is the rental yield in Glitz Residence 3 -Tower 1?

Glitz Residence 3 -Tower 1 returns 7.8% gross: a median new-contract rent of AED 86,000 a year (26 Ejari contracts in 12 months) over a price benchmark of AED 1.11M (median of 8 sales in the last 12 months, latest May 2026), before service charge, agency fees or vacant months.

How much does a 2 bedroom in Glitz Residence 3 -Tower 1 cost?

The median registered sale price is AED 1.11M (961 AED/sqft), from 8 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

What are apartments in Glitz Residence 3 -Tower 1 selling for right now?

Registered sales of ready units in Glitz Residence 3 -Tower 1 over the last 12 months have a median of 961 AED/sqft, across 8 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.

What is the registered annual rent for a 2 bedroom in Glitz Residence 3 -Tower 1?

The median new annual rent is AED 86,000, from 26 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.

Have registered rents in Glitz Residence 3 -Tower 1 risen or fallen?

The median new annual rent changed -4.4% in the trailing 12 months against the previous 12, using 26 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.