1-bed · 820 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 2nd floor · completed 2017

214, Glitz Residence 3 Tower 1

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 4 January 2024
Last soldAED 625K4 January 2024
Current rentAED 44K /yr6 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Glitz Residence 3 Tower 1

What is 214 worth today?

Last sold for AED 625,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Jan 2024SoldReady
AED 625,000AED 762 per sqft
6 Aug 2022RentedRenewal
AED 43,500/yr13 months · AED 53 per sqft
4 Aug 2021RentedRenewal
AED 40,000/yr12 months · AED 49 per sqft
4 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 49 per sqft
1 Jul 2019RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
15 Nov 2018RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
29 Oct 2015Sold by developerOff-plan
AED 895,000AED 1,091 per sqft

Source: Dubai Land Department. Updated 4 January 2024.

Key facts

Type
1-bed apartment
Size
820 sqft
Floor
2nd of 8
Parking
B-05
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,800 /yr
Last sold
AED 625K · January 2024

About 214, Glitz Residence 3 Tower 1

214 is a one-bedroom apartment of 820 sqft on the 2nd 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 4 January 2024 for AED 625,000, or AED 762 per sqft, in line with the AED 753 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 6 August 2022, is AED 43,500 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 12,800 a year.

Sales and rents for 214 over time

Sales
Unit 214, each saleTypical one-bed in Glitz Residence 3 Tower 1
500K750K20152018202120242027Typical 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, October 2015: AED 895,000 (AED 1,091 per sqft)Sold, January 2024: AED 625,000 (AED 762 per sqft)

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

Rents
Unit 214, 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 60,000New contract, November 2018: AED 60,000 a yearNew contract, July 2019: AED 55,000 a yearNew contract, August 2020: AED 40,000 a yearRenewal, August 2021: AED 40,000 a yearRenewal, August 2022: AED 43,500 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 214 sits

All 80 1-beds →

214 last sold in January 2024 at AED 762 per sqft, in line with what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 753). 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. 214's AED 43,500 is at the bottom 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 2nd floor

All 176 units in Glitz Residence 3 Tower 1
Value
2013-bedAED 1.33M · Sep 2015
202StudioAED 310K · Nov 2021
2031-bedAED 570K · Feb 2024
2042-bedAED 1.25M · Sep 2015
2052-bedAED 1.06M · Jan 2026
2061-bedAED 820K · Oct 2015
2071-bedAED 680K · Oct 2024
1–7 of 21

214, Glitz Residence 3 Tower 1 in numbers

  • Sold twice: first on 29 October 2015 for AED 895,000, last on 4 January 2024 for AED 625,000 (AED 762 per sqft).
  • Rented since November 2018 on 5 Ejari contracts, from AED 60,000 to AED 43,500 a year.
  • At AED 43,500 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 12,800 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 January 2024.

Questions about 214, Glitz Residence 3 Tower 1

What did unit 214 last sell for?

AED 625,000 on 4 January 2024: AED 762 per sqft for 820 sqft. The unit has 2 registered sales; the first was AED 895,000 in October 2015.

What is the rent for unit 214?

AED 43,500 a year on the contract renewed on 6 August 2022. The previous contract, from August 2021, was AED 40,000; the unit has been rented since November 2018.

How big is unit 214?

820 sqft (76.2 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.

What is unit 214 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.

Selling 214? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 214, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 625K, 4 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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