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Property Makler
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Dubai, UAE US |
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Glitz Residence 3 in Dubai Studio City - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for completed properties in Glitz Residence 3
| Rooms | Size, sqm | Sale price, AED/sqm | Sale price, AED |
|---|---|---|---|
| Studio | 40 | 13,906 | 560,000 |
| 1 | 69 | 11,218 | 770,000 |
| 2 | 120 | 9,072 | 1,089,706 |
Rents in Glitz Residence 3
| Rooms | Size, sqm | Rent, AED/sqm/ year | Rent, AED |
|---|---|---|---|
| 1 | 70 | 912 | 64,200 |
| 2 | 109 | 847 | 92,333 |
The cap rate (rental yield) of investments into Glitz Residence 3 project is 8.3% on average.
The price of an apartment in Glitz Residence 3 is 10,565 AED/sqm on average.
The long term rent of an apartment in Glitz Residence 3 is 881 AED/sqm/year on average.
Price for completed Studio apartment in Glitz Residence 3 is 560,000 AED or 13,906 AED/sqm.
Price for completed 1 bedroom apartment in Glitz Residence 3 is 770,000 AED or 11,218 AED/sqm.
Price for completed 2 bedroom apartment in Glitz Residence 3 is 1,089,706 AED or 9,072 AED/sqm.
Rent for 1 bedroom apartment in Glitz Residence 3 is 64,200 AED or 912 AED/sqm.
Rent for 2 bedroom apartment in Glitz Residence 3 is 92,333 AED or 847 AED/sqm.
About Glitz Residence 3
'Glitz Residence 3' in 'Dubai Studio City' area project description
Glitz Residence 3 is an integral part of the contemporary development situated in Dubai Studio City, an area known for its dynamic and creative environment tailored for the entertainment and media professionals. This project is a testament to the luxurious yet practical living spaces designed to meet the needs of a diverse array of residents including professionals, families, and singles.
Developed by Danube Properties, Glitz Residence 3 embodies modern architecture infused with a touch of elegance and sophistication. The project offers a blend of residential and retail spaces, designed to create a vibrant and self-sufficient community. The residential units within the Glitz Residence 3 range from stylish studios to spacious three-bedroom apartments, each thoughtfully designed to maximize space and natural light while offering stunning views of the surrounding landscape.
A standout feature of Glitz Residence 3 is its array of world-class amenities. Residents can enjoy a state-of-the-art gymnasium, swimming pool, and a children's play area, making it ideal for fitness enthusiasts and families. The rooftop garden provides a serene oasis for relaxation and socialization, while the party hall is perfect for gatherings and celebrations. Additionally, the project includes basketball and tennis courts, catering to sports enthusiasts.
The interior designs are an amalgamation of comfort and style. High-quality finishes, attention to detail, and the use of premium materials ensure an elegant living experience. The spacious balconies and large windows create a seamless indoor-outdoor connection, allowing residents to experience the beautiful Dubai Studio City landscape from the comfort of their homes.
Moreover, the strategic location of Glitz Residence 3 adds to its appeal. Dubai Studio City is known for its cluster of media firms, production houses, and industry service providers, making it a hub for media and entertainment professionals. Furthermore, the area is well-connected to major road networks, providing easy access to other parts of Dubai, such as Dubai Marina, Downtown Dubai, and major commercial and business districts. The proximity to schools, healthcare centers, shopping malls, and dining options ensures that all essential needs are met within a short drive.
Sustainability is also a key aspect of Glitz Residence 3. The development incorporates eco-friendly practices and energy-efficient systems, reflecting a commitment to environmental responsibility. This makes it an attractive choice for those conscious of their ecological footprint.
In summary, Glitz Residence 3 in Dubai Studio City offers a harmonious blend of luxury, comfort, and convenience, making it an ideal choice for those looking to immerse themselves in a vibrant and well-connected community.
Glitz Residence 3 is an integral part of the contemporary development situated in Dubai Studio City, an area known for its dynamic and creative environment tailored for the entertainment and media professionals. This project is a testament to the luxurious yet practical living spaces designed to meet the needs of a diverse array of residents including professionals, families, and singles.
Developed by Danube Properties, Glitz Residence 3 embodies modern architecture infused with a touch of elegance and sophistication. The project offers a blend of residential and retail spaces, designed to create a vibrant and self-sufficient community. The residential units within the Glitz Residence 3 range from stylish studios to spacious three-bedroom apartments, each thoughtfully designed to maximize space and natural light while offering stunning views of the surrounding landscape.
A standout feature of Glitz Residence 3 is its array of world-class amenities. Residents can enjoy a state-of-the-art gymnasium, swimming pool, and a children's play area, making it ideal for fitness enthusiasts and families. The rooftop garden provides a serene oasis for relaxation and socialization, while the party hall is perfect for gatherings and celebrations. Additionally, the project includes basketball and tennis courts, catering to sports enthusiasts.
The interior designs are an amalgamation of comfort and style. High-quality finishes, attention to detail, and the use of premium materials ensure an elegant living experience. The spacious balconies and large windows create a seamless indoor-outdoor connection, allowing residents to experience the beautiful Dubai Studio City landscape from the comfort of their homes.
Moreover, the strategic location of Glitz Residence 3 adds to its appeal. Dubai Studio City is known for its cluster of media firms, production houses, and industry service providers, making it a hub for media and entertainment professionals. Furthermore, the area is well-connected to major road networks, providing easy access to other parts of Dubai, such as Dubai Marina, Downtown Dubai, and major commercial and business districts. The proximity to schools, healthcare centers, shopping malls, and dining options ensures that all essential needs are met within a short drive.
Sustainability is also a key aspect of Glitz Residence 3. The development incorporates eco-friendly practices and energy-efficient systems, reflecting a commitment to environmental responsibility. This makes it an attractive choice for those conscious of their ecological footprint.
In summary, Glitz Residence 3 in Dubai Studio City offers a harmonious blend of luxury, comfort, and convenience, making it an ideal choice for those looking to immerse themselves in a vibrant and well-connected community.
Q&A on Glitz Residence 3
What are the advantages of 'Glitz Residence 3' project in Dubai for property buyers? What are the disadvantages?Advantages:
1. Location: Situated in Dubai Studio City, a hub for media and entertainment, offering proximity to key locations such as Dubai Sports City, Motor City, and Arabian Ranches.
2. Amenities: Features high-end amenities including swimming pools, gymnasiums, rooftop gardens, and dedicated BBQ areas.
3. Modern Design: Contemporary architecture and design, appealing to modern-day buyers looking for stylish living spaces.
4. Investment Potential: Given its strategic location and quality construction, it has the potential for significant rental yields and capital appreciation.
5. Community Feel: Part of a vibrant community with easy access to cafes, restaurants, and retail shops creating a lively neighborhood.
6. Transport Links: Well-connected by road networks, making commuting to and from the development convenient.
Disadvantages:
1. Traffic Congestion: Potential for traffic congestion during peak hours due to ongoing developments and roadworks in the area.
2. Noise Pollution: Proximity to commercial studios and entertainment facilities might result in higher noise levels.
3. Market Competition: Competing projects within Dubai Studio City and nearby areas could affect the rental and resale potential.
4. Limited Green Spaces: While it has rooftop gardens, the overall greenery might be limited compared to other villa communities.
5. HOA Fees: Higher homeowners association fees due to the extensive amenities provided could be a concern for some buyers.
6. Construction Activity: Ongoing or upcoming construction in the area could cause temporary disruptions and reduce the tranquility of the environment.
What projects are better than 'Glitz Residence 3' project in Dubai which are located close by, and why?
- Samana Golf Avenue: Located nearby, Samana Golf Avenue offers a unique blend of modern design and amenities. The project features a rooftop pool, mini golf course, and a health club which increases its appeal compared to Glitz Residence 3.
- Belgravia Heights I: Developed by Ellington Properties, this project stands out with its sleek design and high-quality finishes. Amenities such as a resort-style pool, fitness center, and beautifully landscaped gardens provide added value.
- Montrose Residences: Situated in Dubai Science Park, close to Studio City, Montrose Residences offers contemporary design with spacious layouts. The property boasts premium amenities including a rooftop infinity pool and state-of-the-art gym, making it an attractive alternative.
- Jumeirah Village Circle (JVC): With multiple high-quality residential projects, JVC is known for its expansive parks and community-centric living. Projects like Bloom Towers provide superb facilities and better accessibility to essential services.
- Arjan's Vincitore Palacio: A standout in the nearby Arjan area, Vincitore Palacio features European-style architecture with superior build quality. The plethora of amenities including a fully-equipped gym, landscaped garden, and grand lobby makes it preferable for some buyers.
- Merano Tower: Although slightly farther in Business Bay, Merano Tower by DAMAC offers an upscale lifestyle with luxurious interiors, top-notch facilities, and stunning views, providing a more premium living experience.
These alternatives offer superior amenities, design, or strategic location advantages compared to Glitz Residence 3, catering to diverse preferences and requirements.
What are the closest schools to 'Glitz Residence 3' project in Dubai?
1. GEMS World Academy - Al Barsha South, approximately 10-15 minutes by car
2. Fairgreen International School - The Sustainable City, around 10 minutes away
3. Nord Anglia International School - Al Barsha South, about 15 minutes by car
4. Jebel Ali School - Damac Hills, around 10 minutes' drive
5. Australian International School - Motor City, roughly 5-10 minutes away
What are the closest medical clinics to 'Glitz Residence 3' project in Dubai?
Nearby Medical Clinics to 'Glitz Residence 3' in Dubai Studio City:
1. Mediclinic Me'aisem
- Location: City Centre Me'aisem, IMPZ (International Media Production Zone), Dubai
2. Emirates Hospital Day Surgery & Medical Center
- Location: Motor City, Dubai
3. Prime Medical Center
- Location: Motor City, Dubai
4. Aster Clinic Arabian Ranches
- Location: Arabian Ranches Retail Centre, Arabian Ranches, Dubai
5. Medcare Medical Centre
- Location: Discovery Gardens, Dubai
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