1-bed · 739 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 1st floor · completed 2017

106, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 815K10 October 2016
Current rentAED 62K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Glitz Residence 3 Tower 1

What is 106 worth today?

Last sold for AED 815,000 in 2016

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1 Sep 2025RentedNew contract
AED 62,000/yr12 months · AED 83 per sqft
1 Jan 2021RentedNew contract
AED 37,500/yr12 months · AED 50 per sqft
21 Sep 2019RentedNew contract
AED 48,000/yr12 months · AED 65 per sqft
21 Sep 2018RentedNew contract
AED 52,000/yr12 months · AED 70 per sqft
10 Oct 2016Sold by developerOff-plan
AED 815,000AED 1,103 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
1st of 8
Parking
G-23
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 815K · October 2016

About 106, Glitz Residence 3 Tower 1

106 is a one-bedroom apartment of 739 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. The developer sold it on 10 October 2016 for AED 815,000, or AED 1,103 per sqft, in line with the AED 1,109 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 September 2025, is AED 62,000 a year: a gross yield of 7.6% on the 2016 price, before the service charge of about AED 11,600 a year.

Sales and rents for 106 over time

Sales
Unit 106, 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 815,000 (AED 1,103 per sqft)

106 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 106, 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, September 2018: AED 52,000 a yearNew contract, September 2019: AED 48,000 a yearNew contract, January 2021: AED 37,500 a yearNew contract, September 2025: AED 62,000 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 106 sits

All 80 1-beds →

106 last sold in October 2016 at AED 1,103 per sqft, in line with what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 1,109). 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. 106's AED 62,000 is in the lower half 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
1031-bedAED 450K · Feb 2022
1042-bedAED 1.25M · Mar 2018
1052-bedAED 750K · Aug 2019
1071-bedAED 815K · Oct 2016
1081-bedAED 640K · May 2024
1–7 of 21

106, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 10 October 2016 for AED 815,000, or AED 1,103 per sqft.
  • Rented since September 2018 on 4 Ejari contracts. The rent fell from AED 52,000 to AED 37,500 in 2021 and recovered to AED 62,000 by September 2025.
  • At AED 62,000 a year the gross yield on the 2016 price is 7.6%, 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 1 September 2025.

Questions about 106, Glitz Residence 3 Tower 1

What did unit 106 last sell for?

AED 815,000 on 10 October 2016, sold by the developer: AED 1,103 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 62,000 a year on the contract signed on 1 September 2025. The previous contract, from January 2021, was AED 37,500; the unit has been rented since September 2018.

How big is unit 106?

739 sqft (68.7 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 106 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 106, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 815K, 10 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 815,000
Deposit, UAE resident (20%)
AED 163,000
Deposit, non-resident (40%)
AED 326,000
Monthly over 25 years at 3.7%
AED 3,334

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