119, Glitz Residence 3 Tower 1
Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 119, Glitz Residence 3 Tower 1
What is 119 worth today?
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Source: Dubai Land Department. Updated 10 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 1st of 8
- Parking
- G-21
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 6,800 /yr
- Last sold
- AED 475K · July 2015
- Building
- Glitz Residence 3 Tower 1
About 119, Glitz Residence 3 Tower 1
119 is a studio of 433 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 26 July 2015 for AED 475,000, or AED 1,095 per sqft, in line with the AED 1,095 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 13 Ejari contracts. The current contract, renewed on 10 October 2026, is AED 45,000 a year: a gross yield of 9.5% on the 2015 price, before the service charge of about AED 6,800 a year.
Sales and rents for 119 over time
119 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Glitz Residence 3 Tower 1, and where 119 sits
All 16 studios →119 last sold in July 2015 at AED 1,095 per sqft, in line with what studios in Glitz Residence 3 Tower 1 were fetching at the time (AED 1,095). Over the last 12 months studios sold for AED 570,000, around AED 1,288 per sqft, and rent for AED 40,000 to 54,000 a year. 119's AED 45,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Feb 202623 February 2026 | 443 sqft | 570,000 | 1,288 | ||
| 28 Aug 202528 August 2025 | 443 sqft | 525,000 | 1,186 | ||
| 14 Aug 202514 August 2025 | 433 sqft | 515,000 | 1,188 | ||
| 20 Feb 202520 February 2025 | 443 sqft | 460,000 | 1,039 |
Glitz Residence 3 Tower 1
Building176 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%
Other units on the 1st floor
All 176 units in Glitz Residence 3 Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 | |
| 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 |
119, Glitz Residence 3 Tower 1 in numbers
- Sold once: by Danube Properties Development on 26 July 2015 for AED 475,000, or AED 1,095 per sqft.
- Rented since August 2018 on 13 Ejari contracts. The rent fell from AED 38,000 to AED 22,000 in 2021 and recovered to AED 45,000 by October 2026.
- At AED 45,000 a year the gross yield on the 2015 price is 9.5%, before a service charge of about AED 6,800 a year (AED 15.66 per sqft).
- Studios in Glitz Residence 3 Tower 1 sold for AED 570,000–570,000 in the 12 months to November 2026; the building's median across all types is AED 987 per sqft.
Source: Dubai Land Department. Updated 10 October 2026.
Questions about 119, Glitz Residence 3 Tower 1
What did unit 119 last sell for?
AED 475,000 on 26 July 2015, sold by the developer: AED 1,095 per sqft for 433 sqft. It is the only registered sale of the unit.
What is the rent for unit 119?
AED 45,000 a year on the contract renewed on 10 October 2026. The previous contract, from October 2025, was AED 45,000; the unit has been rented since August 2018.
How big is unit 119?
433 sqft (40.2 sqm): a studio on the 1st floor of a 8-storey tower completed in 2017.
What is unit 119 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glitz Residence 3 Tower 1 sold for AED 570,000 to 570,000 in the last 12 months, around AED 1,288 per sqft.
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Mortgage on 119, Glitz Residence 3 Tower 1
Starts from the last sale price (AED 475K, 26 July 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 475,000
- Deposit, UAE resident (20%)
- AED 95,000
- Deposit, non-resident (40%)
- AED 190,000
- Monthly over 25 years at 3.7%
- AED 1,943
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →