Dubai Land Department Off-Plan Register

Glitz Residence 3 -Tower 2 Launch Prices

Off-plan in Dubai Studio City · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

142 developer launch sales registered at Glitz Residence 3 -Tower 2 between Oct 2015 and Jul 2018: 100% apartments, most commonly 2-bed units, typically around 1,141 sqft.

Launch sales
142
DLD off-plan registrations, all time
Median launch /sqft
AED 1,022
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 255,0001,375,000
Min – max registered

Bed mix: Studio 12% · 1-bed 34% · 2-bed 43% · 3-bed 11%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Glitz Residence 3 -Tower 2, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2015 Q482AED 1,083
2016 Q123AED 1,022
2016 Q25AED 1,022
2016 Q314AED 991
2016 Q44AED 978
2017 Q15AED 968
2017 Q21AED 994
2017 Q34AED 925
2017 Q42AED 1,068
2018 Q11AED 1,176
2018 Q31AED 959
Two different markets

Launch vs Resale

Glitz Residence 3 -Tower 2 also has 87 ready-market resales registered with the DLD, the first on 16 January 2019 - 39 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
87
33 in the last 2 years
Resale median /sqft
AED 972
last 2 years
Resale vs launch
-5%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Glitz Residence 3 -Tower 2 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,152 sqft · 24 July 2018
AED 1,105,000
AED 959 /sqft
Apartment · Studio
217 sqft · 19 March 2018
AED 255,000
AED 1,176 /sqft
Apartment · 2 Bed
1,152 sqft · 19 December 2017
AED 1,105,000
AED 959 /sqft
Apartment · Studio
434 sqft · 1 November 2017
AED 510,000
AED 1,176 /sqft
Apartment · 2 Bed
1,292 sqft · 13 September 2017
AED 1,150,000
AED 890 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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Compare this project with every other off-plan launch registered in Dubai Studio City, or see the community's resale market.

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