Glitz Residence 2 in Dubai Studio City - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Rents in Glitz Residence 2
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
1
65
969
63,400
3
153
784
120,000
The cap rate (rental yield) of investments into Glitz Residence 2 project is 8.7% on average.
The price of an apartment in Glitz Residence 2 is 10,503 AED/sqm on average.
The long term rent of an apartment in Glitz Residence 2 is 910 AED/sqm/year on average.
Rent for 1 bedroom apartment in Glitz Residence 2 is 63,400 AED or 969 AED/sqm. Rent for 3 bedroom apartment in Glitz Residence 2 is 120,000 AED or 784 AED/sqm.
About Glitz Residence 2
'Glitz Residence 2' in 'Dubai Studio City' area project description
Glitz Residence 2 is a luxurious residential development located in the heart of Dubai. It is a part of the larger Glitz Residence project, which is a collection of high-end residential towers located in the Dubai Marina area. The project is developed by the renowned real estate developer, Emaar Properties.
The Glitz Residence 2 is a two-tower development, with each tower featuring a total of 39 floors. The towers are connected by a podium that houses a range of amenities, including a swimming pool, gym, and spa. The apartments come in a variety of sizes, ranging from studios to three-bedroom units. All the apartments feature modern and luxurious interiors, with high-end finishes and fixtures.
The development also features a range of amenities, such as a fully-equipped gym, a swimming pool, a sauna, a steam room, and a Jacuzzi. There is also a children’s play area, a multi-purpose hall, and a business center. The development also has a 24-hour concierge service, a supermarket, and a range of restaurants and cafes.
The Glitz Residence 2 is located in a prime location, close to a range of attractions, such as the Dubai Marina Mall, the Dubai Marina Yacht Club, and the Dubai Marina Walk. It is also close to a range of public transportation options, such as the Dubai Metro and the Dubai Tram.
Overall, the Glitz Residence 2 is a luxurious development that offers residents a range of modern amenities and facilities in a prime location. It is the perfect place for those looking for a luxurious lifestyle in the heart of Dubai.
Q&A on Glitz Residence 2
What are the advantages of 'Glitz Residence 2' project in Dubai for property buyers? What are the disadvantages?
1. Prime Location: Glitz Residence 2 is located in the heart of Dubai, close to the city’s major attractions, shopping malls, and entertainment hubs.
2. Luxurious Amenities: The project offers a range of luxurious amenities, such as a swimming pool, gym, sauna, and steam room.
3. Affordable Prices: Glitz Residence 2 offers competitively priced apartments, making it an attractive option for real estate buyers.
4. High-Quality Construction: The project is built with high-quality materials and finishes, ensuring that the apartments are of the highest standard.
5. Flexible Payment Plans: Glitz Residence 2 offers flexible payment plans, allowing buyers to pay in installments.
6. Rental Potential: The project has great rental potential, making it an ideal investment for real estate buyers.