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1-bed · 673 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 1st floor · completed 2017

115, Glitz Residence 3 Tower 1

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

Unit 115 · DLD and Ejari recordsUpdated 4 February 2025
Last soldAED 450K14 November 2022
Current rentAED 56K /yr4 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 115, Glitz Residence 3 Tower 1

What is 115 worth today?

Last sold for AED 450,000 in 2022

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4 Feb 2025RentedRenewal
AED 56,000/yr12 months · AED 83 per sqft
4 Feb 2025RentedRenewal
AED 56,000/yr12 months · AED 83 per sqft
4 Feb 2024RentedNew contract
AED 56,000/yr12 months · AED 83 per sqft
25 Feb 2023RentedNew contract
AED 50,000/yr12 months · AED 74 per sqft
14 Nov 2022SoldReady
AED 450,000AED 668 per sqft
13 Sep 2021RentedNew contract
AED 38,000/yr12 months · AED 56 per sqft
17 Nov 2020SoldReady
AED 430,000AED 638 per sqft
13 Sep 2020RentedRenewal
AED 40,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 4 February 2025.

Key facts

Type
1-bed apartment
Size
673 sqft
Floor
1st of 8
Parking
G-27
Developer
Danube Properties Development
Completed
2017
Service charge
AED 10,500 /yr
Last sold
AED 450K · November 2022
Building
Glitz Residence 3 Tower 1

About 115, Glitz Residence 3 Tower 1

115 is a one-bedroom apartment of 673 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 14 November 2022 for AED 450,000, or AED 668 per sqft, 10% above the AED 605 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 4 February 2025, is AED 56,000 a year: a gross yield of 12.4% on the 2022 price, before the service charge of about AED 10,500 a year.

Sales and rents for 115 over time

Sales
Unit 115, 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, August 2016: AED 796,000 (AED 1,195 per sqft)Sold, November 2020: AED 430,000 (AED 638 per sqft)Sold, November 2022: AED 450,000 (AED 668 per sqft)

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

Rents
Unit 115, 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 60,000Renewal, September 2019: AED 51,000 a yearRenewal, September 2020: AED 40,000 a yearNew contract, September 2021: AED 38,000 a yearNew contract, February 2023: AED 50,000 a yearNew contract, February 2024: AED 56,000 a yearRenewal, February 2025: AED 56,000 a yearRenewal, February 2025: AED 56,000 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 115 sits

All 80 1-beds →

115 last sold in November 2022 at AED 668 per sqft, 10% above what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 605). 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. 115's AED 56,000 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
1061-bedAED 815K · Oct 2016
1071-bedAED 815K · Oct 2016
1–7 of 21

115, Glitz Residence 3 Tower 1 in numbers

  • Sold 3 times: first on 28 August 2016 for AED 796,000, last on 14 November 2022 for AED 450,000 (AED 668 per sqft).
  • Rented since September 2019 on 7 Ejari contracts. The rent fell from AED 51,000 to AED 38,000 in 2021 and recovered to AED 56,000 by February 2025.
  • At AED 56,000 a year the gross yield on the 2022 price is 12.4%, before a service charge of about AED 10,500 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 4 February 2025.

Questions about 115, Glitz Residence 3 Tower 1

What did unit 115 last sell for?

AED 450,000 on 14 November 2022: AED 668 per sqft for 673 sqft. The unit has 3 registered sales; the first was AED 796,000 in August 2016.

What is the rent for unit 115?

AED 56,000 a year on the contract renewed on 4 February 2025. The previous contract, from February 2025, was AED 56,000; the unit has been rented since September 2019.

How big is unit 115?

673 sqft (62.5 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 115 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 115, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 450K, 14 November 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 →