2-bed · 1,134 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 1st floor · completed 2017

121, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in September 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 121 · DLD and Ejari recordsUpdated 23 September 2026
Last soldAED 1.09M19 September 2017
Current rentAED 81K /yr23 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 121, Glitz Residence 3 Tower 1

What is 121 worth today?

Last sold for AED 1,085,000 in 2017

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23 Sep 2026RentedNew contract
AED 81,000/yr12 months · AED 71 per sqft
10 Nov 2024RentedRenewal
AED 84,000/yr12 months · AED 74 per sqft
10 Nov 2023RentedNew contract
AED 82,000/yr12 months · AED 73 per sqft
1 Nov 2022RentedNew contract
AED 64,000/yr12 months · AED 57 per sqft
20 Aug 2022RentedRenewal
AED 57,200/yr12 months · AED 51 per sqft
20 Aug 2021RentedRenewal
AED 52,000/yr12 months · AED 46 per sqft
20 Aug 2020RentedNew contract
AED 50,000/yr12 months · AED 44 per sqft
1 Aug 2019RentedRenewal
AED 73,500/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 23 September 2026.

Key facts

Type
2-bed apartment
Size
1,134 sqft
Floor
1st of 8
Parking
G-05, G-06
Developer
Danube Properties Development
Completed
2017
Service charge
AED 17,800 /yr
Last sold
AED 1.09M · September 2017

About 121, Glitz Residence 3 Tower 1

121 is a two-bedroom apartment of 1,134 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 19 September 2017 for AED 1,085,000, or AED 956 per sqft, in line with the AED 966 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 23 September 2026, is AED 81,000 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 17,800 a year.

Sales and rents for 121 over time

Sales
Unit 121, 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 2017: AED 1,085,000 (AED 956 per sqft)

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

Rents
Unit 121, 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, August 2018: AED 80,000 a yearRenewal, August 2019: AED 73,500 a yearNew contract, August 2020: AED 50,000 a yearRenewal, August 2021: AED 52,000 a yearRenewal, August 2022: AED 57,200 a yearNew contract, November 2022: AED 64,000 a yearNew contract, November 2023: AED 82,000 a yearRenewal, November 2024: AED 84,000 a yearNew contract, September 2026: AED 81,000 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 121 sits

All 64 2-beds →

121 last sold in September 2017 at AED 956 per sqft, in line with what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 966). 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. 121's AED 81,000 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

121, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 19 September 2017 for AED 1,085,000, or AED 956 per sqft.
  • Rented since August 2018 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 50,000 in 2020 and recovered to AED 81,000 by September 2026.
  • At AED 81,000 a year the gross yield on the 2017 price is 7.5%, before a service charge of about AED 17,800 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 23 September 2026.

Questions about 121, Glitz Residence 3 Tower 1

What did unit 121 last sell for?

AED 1,085,000 on 19 September 2017, sold by the developer: AED 956 per sqft for 1,134 sqft. It is the only registered sale of the unit.

What is the rent for unit 121?

AED 81,000 a year on the contract signed on 23 September 2026. The previous contract, from November 2024, was AED 84,000; the unit has been rented since August 2018.

How big is unit 121?

1,134 sqft (105.4 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 121 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 121, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.09M, 19 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,085,000
Deposit, UAE resident (20%)
AED 217,000
Deposit, non-resident (40%)
AED 434,000
Monthly over 25 years at 3.7%
AED 4,439

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