PropertyIndex

Glitz Residence 3

Completed · Q1 2018|358 units · 2 buildings

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Glitz Residence 3 is a completed apartment development by DANUBE PROPERTIES DEVELOPMENT L.L.C in Dubai Studio City, Al Hebiah Second, comprising 358 registered units. 545 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,023 per sqft. At AED 1,023 per sqft, Glitz Residence 3 prices 38% below the Dubai Studio City average of AED 1,646 per sqft on registered sales.

PIX© price · 1.4% YoY
917KAED
Typical
1,023AED
PSF
Gross yield
7.7%
PIX© rent ÷ PIX© price
Sale records
545
DLD · all time
Rent contracts
2,385
Ejari · all time
Glitz Residence 3

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
433 – 1,354 sqft
358917K1,0231.4%70K7.7%
Residential
Studio · Apartment
433 – 443 sqft
32
1 Bed · Apartment
672 – 820 sqft
160
2 Bed · Apartment
1,134 – 1,293 sqft
128
3 Bed · Apartment
1,350 – 1,354 sqft
32
Commercial
Shop
583 – 875 sqft
6
Sales — Project-Wide545 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Tower & Floor Analysis
last 24 months
All towers · 73 sales
Floors 1-5 · 38 sales
Floors 6-8 · 35 sales
Tower 1 · 39 sales
Floors 1-5 · 20 sales
Floors 6-8 · 19 sales
Tower 2 · 34 sales
Floors 1-5 · 18 sales
Floors 6-8 · 16 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
9 Jul 20261 BedTower 2 · Floor 3739720,000975+26.3%Entry LevelStandard Sale
27 Jun 20261 BedTower 2 · Floor 3673705,0001,047-11.4%StandardStandard Sale
20 May 20262 BedTower 1 · Floor 21,1611,200,0001,033+41.2%PremiumStandard Sale
Rentals — Project-Wide2,385 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower & Floor Analysis
last 24 months
All towers · 426 rentals
Floor 1 · 53 rentals
Floor 2 · 50 rentals
Floors 3-7 · 258 rentals
Floor 8 · 65 rentals
Tower 1 · 226 rentals
Floor 1 · 24 rentals
Floor 2 · 28 rentals
Floors 3-7 · 138 rentals
Floor 8 · 36 rentals
Tower 2 · 200 rentals
Floor 1 · 29 rentals
Floor 2 · 22 rentals
Floors 3-7 · 120 rentals
Floor 8 · 29 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
5 Feb 20271 Bed67360,00089Standardrenewal
28 Aug 20261 Bed67360,00089Standardrenewal
15 Aug 20262 BedTower 1 · Floor 21,24285,00068+2.4%Entry Levelrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Studio City

The closest-priced registered projects in Dubai Studio City.

Common questions about Glitz Residence 3

Answered from Dubai Land Department registered transactions.

How much does a property in Glitz Residence 3 cost?

Property in Glitz Residence 3 sells at a current PIX© price of AED 1,023 per sqft, or about AED 916,586 for a typical unit, based on 545 sales registered with the Dubai Land Department.

Is Glitz Residence 3 completed?

Yes. Glitz Residence 3 is recorded as completed in the Dubai Land Department project register (completed q1 2018).

Who is the developer of Glitz Residence 3?

Glitz Residence 3 is developed by DANUBE PROPERTIES DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Glitz Residence 3?

Glitz Residence 3 yields 7.7% gross, calculated from current PIX© rent against current PIX© sale price, across 2,385 registered Ejari contracts.

How many units are in Glitz Residence 3?

Glitz Residence 3 holds 358 registered units, per the Dubai Land Department unit register.

Have prices in Glitz Residence 3 gone up or down?

Price per sqft has fallen -1.4% over the last 12 months, to AED 1,023, across 545 registered sales.