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1-bed · 743 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 1st floor · completed 2017

103, Glitz Residence 3 Tower 1

Sold prices and rental history: sold 3 times, last in February 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 3 February 2022
Last soldAED 450K3 February 2022
Current rentAED 32K /yr1 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 103, Glitz Residence 3 Tower 1

What is 103 worth today?

Last sold for AED 450,000 in 2022

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3 Feb 2022SoldReady
AED 450,000AED 605 per sqft
1 Feb 2021RentedNew contract
AED 32,000/yr12 months · AED 43 per sqft
18 Dec 2019RentedNew contract
AED 52,000/yr12 months · AED 70 per sqft
5 Apr 2017SoldOff-plan
AED 669,000AED 900 per sqft
13 Oct 2016Sold by developerOff-plan
AED 820,000AED 1,103 per sqft

Source: Dubai Land Department. Updated 3 February 2022.

Key facts

Type
1-bed apartment
Size
743 sqft
Floor
1st of 8
Parking
G-22
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 450K · February 2022
Building
Glitz Residence 3 Tower 1

About 103, Glitz Residence 3 Tower 1

103 is a one-bedroom apartment of 743 sqft on the 1st floor of Glitz Residence 3 Tower 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 3 February 2022 for AED 450,000, or AED 605 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 February 2021, is AED 32,000 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 11,600 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical one-bed in Glitz Residence 3 Tower 1
400K600K800K20152018202120242027Typical sale price by year: 2015 AED 820,000; 2016 AED 820,000; 2017 AED 811,800; 2019 AED 580,000; 2022 AED 450,000; 2023 AED 570,000; 2024 AED 640,000; 2025 AED 745,000; 2026 AED 715,000Sold by developer, October 2016: AED 820,000 (AED 1,103 per sqft)Sold, April 2017: AED 669,000 (AED 900 per sqft)Sold, February 2022: AED 450,000 (AED 605 per sqft)

103 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 103, each contractTypical one-bed in Glitz Residence 3 Tower 1
40K60K2018202120242027Typical rent by year: 2018 AED 54,000; 2019 AED 50,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 40,000; 2023 AED 46,200; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 60,000New contract, December 2019: AED 52,000 a yearNew contract, February 2021: AED 32,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Glitz Residence 3 Tower 1, and where 103 sits

All 80 1-beds →

Over the last 12 months one-beds sold for AED 350,000 to 780,000, around AED 1,048 per sqft, and rent for AED 50,000 to 75,000 a year. 103's AED 32,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 2026715,000
28 Apr 2026350,000
24 Feb 2026775,000
19 Dec 2025770,000
5 1-bed sales in the last 12 months

Glitz Residence 3 Tower 1

Building

176 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 16 sold in the last 12 months.

Typical price per sqft
AED 987 Down 3.5%
Typical sale
AED 1.09M
Typical rent
AED 63K /yr
Typical yield
7.9%
Glitz Residence 3 Tower 1, Dubai Studio City: prices, sales and rents →

Other units on the 1st floor

All 176 units in Glitz Residence 3 Tower 1
Value
1013-bedAED 1.35M · Sep 2015
102StudioAED 480K · Jan 2019
1042-bedAED 1.25M · Mar 2018
1052-bedAED 750K · Aug 2019
1061-bedAED 815K · Oct 2016
1071-bedAED 815K · Oct 2016
1081-bedAED 640K · May 2024
1–7 of 21

103, Glitz Residence 3 Tower 1 in numbers

  • Sold 3 times: first on 13 October 2016 for AED 820,000, last on 3 February 2022 for AED 450,000 (AED 605 per sqft).
  • Rented since December 2019 on 2 Ejari contracts, from AED 52,000 to AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2022 price is 7.1%, before a service charge of about AED 11,600 a year (AED 15.66 per sqft).
  • One-beds in Glitz Residence 3 Tower 1 sold for AED 350,000–780,000 in the 12 months to November 2026; the building's median across all types is AED 987 per sqft.

Source: Dubai Land Department. Updated 3 February 2022.

Questions about 103, Glitz Residence 3 Tower 1

What did unit 103 last sell for?

AED 450,000 on 3 February 2022: AED 605 per sqft for 743 sqft. The unit has 3 registered sales; the first was AED 820,000 in October 2016.

What is the rent for unit 103?

AED 32,000 a year on the contract signed on 1 February 2021. The previous contract, from December 2019, was AED 52,000.

How big is unit 103?

743 sqft (69.0 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Glitz Residence 3 Tower 1 sold for AED 350,000 to 780,000 in the last 12 months, around AED 1,048 per sqft.

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Mortgage on 103, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 450K, 3 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →