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 — sale prices & yield

Buy: 702,500AED; AED 1,003/sqft
Long-let: 8.61%; AED 62,000/yr
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: +5.4%

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.

Price history

Every recorded sale in Glitz Residence 3 -Tower 2, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 525,000	1186	7.86% -0.6 pts	+32.3%	7
1 bed	AED 702,500	1003	8.61% +0.5 pts	+5.4%	12
2 bed	AED 1.06M	882	8.00% +0.5 pts	+12.1%	12
3 bed	AED 1.40M	1034	8.63%	+0.8%	3

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”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
Studio500m	478	1.08	AED 110,520	AED 44,000	2.5×	21.05%	3+
1 bed	434	0.62	AED 95,217	AED 62,000	1.5×	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.

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.

Off-plan vs resale

Units sold off-plan in Glitz Residence 3 -Tower 2 between 2015 and 2018 went for a median of AED 1,022/sqft (AED 1.08M). The same building resells today at AED 973/sqft (AED 740,000) — an uplift of -31.8%.

Based on 142 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

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

Date	Type	Sqft	Price	AED/sqft
9 Jul 2026	1 bed	739	AED 720,000	975
29 Jun 2026	1 bed	673	AED 705,000	1,047

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.

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%
The First Collection at Dubai Studio City
AZIZI Mirage 1 - TOWER 2 · 9.33%
Verano by Prescott
Beach Oasis 2 - Tower B
Beach Oasis 2 - Tower A
Azizi Vista · 7.50%

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