2-bed · 1,162 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 1st floor · completed 2017

111, Glitz Residence 3 Tower 1

Sold prices and rental history: sold twice, last in January 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 111 · DLD and Ejari recordsUpdated 1 October 2024

Last soldAED 1.1M28 January 2018

Current rentAED 72K /yr1 October 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 111, Glitz Residence 3 Tower 1

Today

What is 111 worth today?

Last sold for AED 1,095,000 in 2018

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1 Oct 2024

1 Oct 2024RentedRenewal

AED 72,000/yr60 months · AED 63 per sqft

1 Oct 2023

1 Oct 2023RentedRenewal

AED 72,000/yr12 months · AED 63 per sqft

1 Oct 2022

1 Oct 2022RentedRenewal

AED 59,400/yr12 months · AED 52 per sqft

14 Aug 2022

14 Aug 2022RentedRenewal

AED 52,085/yr2 months · AED 45 per sqft

14 Aug 2021

14 Aug 2021RentedRenewal

AED 54,000/yr12 months · AED 47 per sqft

14 Aug 2020

14 Aug 2020RentedNew contract

AED 54,000/yr12 months · AED 46 per sqft

15 Aug 2019

15 Aug 2019RentedRenewal

AED 75,000/yr12 months · AED 65 per sqft

15 Aug 2018

15 Aug 2018RentedNew contract

AED 75,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type: 2-bed apartment
Size: 1,162 sqft
Floor: 1st of 8
Parking: B-451, B-452
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 18,200 /yr
Last sold: AED 1.1M · January 2018
Building: Glitz Residence 3 Tower 1

About 111, Glitz Residence 3 Tower 1

111 is a two-bedroom apartment of 1,162 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 28 January 2018 for AED 1,095,000, or AED 942 per sqft, in line with the AED 949 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 72,000 a year: a gross yield of 6.6% on the 2018 price, before the service charge of about AED 18,200 a year.

Sales and rents for 111 over time

Sales

Unit 111, each saleTypical two-bed in Glitz Residence 3 Tower 1

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

Rents

Unit 111, 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 111 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

111 last sold in January 2018 at AED 942 per sqft, in line with what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 949). 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. 111's AED 72,000 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
109	2-bed	1,242 sqft	AED 1.01MAED 1,010,000 · Jul 2024July 2024	68,250 /yr
110	1-bed	779 sqft	AED 858KAED 857,500 · Oct 2016October 2016	50,000 /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

111, Glitz Residence 3 Tower 1 in numbers

Sold twice: first on 26 July 2015 for AED 1,095,000, last on 28 January 2018 for AED 1,095,000 (AED 942 per sqft).
Rented since August 2018 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 52,085 in 2022 and recovered to AED 72,000 by October 2024.
At AED 72,000 a year the gross yield on the 2018 price is 6.6%, before a service charge of about AED 18,200 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 1 October 2024.

Questions about 111, Glitz Residence 3 Tower 1

What did unit 111 last sell for?

AED 1,095,000 on 28 January 2018: AED 942 per sqft for 1,162 sqft. The unit has 2 registered sales; the first was AED 1,095,000 in July 2015.

What is the rent for unit 111?

AED 72,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 72,000; the unit has been rented since August 2018.

How big is unit 111?

1,162 sqft (108.0 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 111 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 111, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.1M, 28 January 2018). Switch to today's estimate once you have unlocked it.

Price: AED 1,095,000
Deposit, UAE resident (20%): AED 219,000
Deposit, non-resident (40%): AED 438,000
Monthly over 25 years at 3.7%: AED 4,480

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