2-bed · 1,150 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 1st floor · completed 2017

120, Glitz Residence 3 Tower 1

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 120 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 900K14 March 2024
Current rentAED 85K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 120, Glitz Residence 3 Tower 1

What is 120 worth today?

Last sold for AED 900,000 in 2024

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1 Nov 2026RentedNew contract
AED 85,000/yr12 months · AED 74 per sqft
10 Apr 2024RentedNew contract
AED 84,000/yr12 months · AED 73 per sqft
14 Mar 2024SoldReady
AED 900,000AED 782 per sqft
17 Oct 2022RentedRenewal
AED 56,160/yr12 months · AED 49 per sqft
17 Oct 2021RentedNew contract
AED 52,000/yr12 months · AED 45 per sqft
10 Sep 2020RentedNew contract
AED 50,000/yr12 months · AED 43 per sqft
21 Sep 2015Sold by developerOff-plan
AED 1,105,000AED 961 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
2-bed apartment
Size
1,150 sqft
Floor
1st of 8
Parking
B-453, B-454
Developer
Danube Properties Development
Completed
2017
Service charge
AED 18,000 /yr
Last sold
AED 900K · March 2024

About 120, Glitz Residence 3 Tower 1

120 is a two-bedroom apartment of 1,150 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 March 2024 for AED 900,000, or AED 782 per sqft, 7% above the AED 731 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 November 2026, is AED 85,000 a year: a gross yield of 9.4% on the 2024 price, before the service charge of about AED 18,000 a year.

Sales and rents for 120 over time

Sales
Unit 120, each saleTypical two-bed in Glitz Residence 3 Tower 1
1M20152018202120242027Typical sale price by year: 2015 AED 1,095,000; 2016 AED 1,115,000; 2017 AED 1,112,500; 2018 AED 1,105,000; 2019 AED 1,019,100; 2023 AED 850,000; 2024 AED 1,000,000; 2025 AED 1,120,000; 2026 AED 1,120,000Sold by developer, September 2015: AED 1,105,000 (AED 961 per sqft)Sold, March 2024: AED 900,000 (AED 782 per sqft)

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

Rents
Unit 120, each contractTypical two-bed in Glitz Residence 3 Tower 1
60K80K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 72,000; 2020 AED 58,000; 2021 AED 54,000; 2022 AED 60,000; 2023 AED 68,250; 2024 AED 71,652; 2025 AED 80,262; 2026 AED 84,000New contract, September 2020: AED 50,000 a yearNew contract, October 2021: AED 52,000 a yearRenewal, October 2022: AED 56,160 a yearNew contract, April 2024: AED 84,000 a yearNew contract, November 2026: AED 85,000 a year

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 120 sits

All 64 2-beds →

120 last sold in March 2024 at AED 782 per sqft, 7% above what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 731). 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. 120's AED 85,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 May 20261,200,000
6 Apr 20261,190,000
6 Apr 20261,170,000
10 Mar 20261,100,000
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
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

120, Glitz Residence 3 Tower 1 in numbers

  • Sold twice: first on 21 September 2015 for AED 1,105,000, last on 14 March 2024 for AED 900,000 (AED 782 per sqft).
  • Rented since September 2020 on 5 Ejari contracts, from AED 50,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 9.4%, before a service charge of about AED 18,000 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 November 2026.

Questions about 120, Glitz Residence 3 Tower 1

What did unit 120 last sell for?

AED 900,000 on 14 March 2024: AED 782 per sqft for 1,150 sqft. The unit has 2 registered sales; the first was AED 1,105,000 in September 2015.

What is the rent for unit 120?

AED 85,000 a year on the contract signed on 1 November 2026. The previous contract, from April 2024, was AED 84,000; the unit has been rented since September 2020.

How big is unit 120?

1,150 sqft (106.8 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 120 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 120, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 900K, 14 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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