2-bed · 1,242 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 1st floor · completed 2017

109, Glitz Residence 3 Tower 1

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 109 · DLD and Ejari recordsUpdated 24 July 2024

Last soldAED 1.01M24 July 2024

Current rentAED 68K /yr10 November 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 109, Glitz Residence 3 Tower 1

Today

What is 109 worth today?

Last sold for AED 1,010,000 in 2024

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24 Jul 2024

24 Jul 2024SoldReady

AED 1,010,000AED 813 per sqft

10 Nov 2023

10 Nov 2023RentedRenewal

AED 68,250/yr12 months · AED 55 per sqft

10 Nov 2022

10 Nov 2022RentedNew contract

AED 65,000/yr12 months · AED 53 per sqft

23 Sep 2021

23 Sep 2021RentedNew contract

AED 55,000/yr12 months · AED 44 per sqft

20 Oct 2020

20 Oct 2020RentedRenewal

AED 50,000/yr12 months · AED 40 per sqft

20 Oct 2019

20 Oct 2019RentedNew contract

AED 68,000/yr12 months · AED 55 per sqft

27 Jun 2018

27 Jun 2018Sold by developerOff-plan

AED 1,210,000AED 974 per sqft

Source: Dubai Land Department. Updated 24 July 2024.

Key facts

Type: 2-bed apartment
Size: 1,242 sqft
Floor: 1st of 8
Parking: B-358, B-359
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 19,400 /yr
Last sold: AED 1.01M · July 2024
Building: Glitz Residence 3 Tower 1

About 109, Glitz Residence 3 Tower 1

109 is a two-bedroom apartment of 1,242 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 24 July 2024 for AED 1,010,000, or AED 813 per sqft, 9% above the AED 749 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 10 November 2023, is AED 68,250 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 19,400 a year.

Sales and rents for 109 over time

Sales

Unit 109, each saleTypical two-bed in Glitz Residence 3 Tower 1

109 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 109, each contractTypical two-bed in Glitz Residence 3 Tower 1

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

2-beds in Glitz Residence 3 Tower 1, and where 109 sits

All 64 2-beds →

2-beds in Glitz Residence 3 Tower 1 · last 12 months961 /sqft Glitz Residence 3 Tower 1 · all types987 /sqft

109 last sold in July 2024 at AED 813 per sqft, 9% above what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 749). Over the last 12 months two-beds sold for AED 1,060,000 to 1,200,000, around AED 961 per sqft, and rent for AED 65,000 to 97,000 a year. 109's AED 68,250 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
20 May 202620 May 2026	1,161 sqft	1,200,000	1,033
6 Apr 20266 April 2026	1,242 sqft	1,190,000	958
6 Apr 20266 April 2026	1,166 sqft	1,170,000	1,003
10 Mar 202610 March 2026	1,134 sqft	1,100,000	970

8 2-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


101	3-bed	1,354 sqft	AED 1.35MAED 1,350,000 · Sep 2015September 2015	50,000 /yr
102	Studio	443 sqft	AED 480KAED 480,000 · Jan 2019January 2019
103	1-bed	743 sqft	AED 450KAED 450,000 · Feb 2022February 2022	32,000 /yr
104	2-bed	1,293 sqft	AED 1.25MAED 1,250,000 · Mar 2018March 2018	75,075 /yr
105	2-bed	1,152 sqft	AED 750KAED 750,000 · Aug 2019August 2019
106	1-bed	739 sqft	AED 815KAED 815,000 · Oct 2016October 2016	62,000 /yr
107	1-bed	739 sqft	AED 815KAED 815,000 · Oct 2016October 2016	60,000 /yr
108	1-bed	672 sqft	AED 640KAED 640,000 · May 2024May 2024	61,950 /yr
110	1-bed	779 sqft	AED 858KAED 857,500 · Oct 2016October 2016	50,000 /yr
111	2-bed	1,162 sqft	AED 1.1MAED 1,095,000 · Jan 2018January 2018	72,000 /yr
112	2-bed	1,161 sqft	AED 1.1MAED 1,095,000 · Jan 2018January 2018	70,000 /yr
113	3-bed	1,350 sqft	AED 1.35MAED 1,350,000 · Oct 2015October 2015	90,000 /yr
114	1-bed	820 sqft	AED 895KAED 895,000 · Sep 2015September 2015	36,000 /yr
115	1-bed	673 sqft	AED 450KAED 450,000 · Nov 2022November 2022	56,000 /yr
116	1-bed	739 sqft	AED 820KAED 820,000 · Sep 2015September 2015	36,000 /yr
117	1-bed	739 sqft	AED 820KAED 820,000 · Sep 2015September 2015	61,000 /yr
118	1-bed	672 sqft	AED 786KAED 786,000 · Sep 2015September 2015	59,000 /yr
119	Studio	433 sqft	AED 475KAED 475,000 · Jul 2015July 2015	45,000 /yr
120	2-bed	1,150 sqft	AED 900KAED 900,000 · Mar 2024March 2024	85,000 /yr
121	2-bed	1,134 sqft	AED 1.09MAED 1,085,000 · Sep 2017September 2017	81,000 /yr
122	2-bed	1,166 sqft	AED 1.17MAED 1,170,000 · Apr 2026April 2026	85,000 /yr

1–7 of 21

109, Glitz Residence 3 Tower 1 in numbers

Sold twice: first on 27 June 2018 for AED 1,210,000, last on 24 July 2024 for AED 1,010,000 (AED 813 per sqft).
Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 68,000 to AED 50,000 in 2020 and recovered to AED 68,250 by November 2023.
At AED 68,250 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 19,400 a year (AED 15.66 per sqft).
Two-beds in Glitz Residence 3 Tower 1 sold for AED 1,060,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 987 per sqft.

Source: Dubai Land Department. Updated 24 July 2024.

Questions about 109, Glitz Residence 3 Tower 1

What did unit 109 last sell for?

AED 1,010,000 on 24 July 2024: AED 813 per sqft for 1,242 sqft. The unit has 2 registered sales; the first was AED 1,210,000 in June 2018.

What is the rent for unit 109?

AED 68,250 a year on the contract renewed on 10 November 2023. The previous contract, from November 2022, was AED 65,000; the unit has been rented since October 2019.

How big is unit 109?

1,242 sqft (115.4 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 109 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Glitz Residence 3 Tower 1 sold for AED 1,060,000 to 1,200,000 in the last 12 months, around AED 961 per sqft.

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Mortgage on 109, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.01M, 24 July 2024). Switch to today's estimate once you have unlocked it.

Price: AED 1,010,000
Deposit, UAE resident (20%): AED 202,000
Deposit, non-resident (40%): AED 404,000
Monthly over 25 years at 3.7%: AED 4,132

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