216, Glitz Residence 3 Tower 1
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 216, Glitz Residence 3 Tower 1
What is 216 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 739 sqft
- Floor
- 2nd of 8
- Parking
- G-13
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 11,600 /yr
- Last sold
- AED 820K · October 2015
- Building
- Glitz Residence 3 Tower 1
About 216, Glitz Residence 3 Tower 1
216 is a one-bedroom apartment of 739 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. The developer sold it on 29 October 2015 for AED 820,000, or AED 1,109 per sqft, in line with the AED 1,109 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 1 October 2026, is AED 52,000 a year: a gross yield of 6.3% on the 2015 price, before the service charge of about AED 11,600 a year.
Sales and rents for 216 over time
216 has sold once; the dashed line is the one-bed median of each year in the building.
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 216 sits
All 80 1-beds →216 last sold in October 2015 at AED 1,109 per sqft, in line with what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 1,109). 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. 216's AED 52,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 672 sqft | 715,000 | 1,064 | ||
| 28 Apr 202628 April 2026 | 369 sqft | 350,000 | 947 | ||
| 24 Feb 202624 February 2026 | 739 sqft | 775,000 | 1,048 | ||
| 19 Dec 202519 December 2025 | 739 sqft | 770,000 | 1,042 |
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 2nd floor
All 176 units in Glitz Residence 3 Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 3-bed | 1,354 sqft | AED 1.33MAED 1,328,000 · Sep 2015September 2015 | 105,000 /yr | |
| 202 | Studio | 443 sqft | AED 310KAED 310,000 · Nov 2021November 2021 | 42,000 /yr | |
| 203 | 1-bed | 743 sqft | AED 570KAED 570,000 · Feb 2024February 2024 | 55,000 /yr | |
| 204 | 2-bed | 1,293 sqft | AED 1.25MAED 1,250,000 · Sep 2015September 2015 | ||
| 205 | 2-bed | 1,152 sqft | AED 1.06MAED 1,060,000 · Jan 2026January 2026 | 86,000 /yr | |
| 206 | 1-bed | 739 sqft | AED 820KAED 820,000 · Oct 2015October 2015 | 57,750 /yr | |
| 207 | 1-bed | 739 sqft | AED 680KAED 680,000 · Oct 2024October 2024 | 55,000 /yr | |
| 208 | 1-bed | 672 sqft | AED 743KAED 743,000 · Jul 2025July 2025 | 60,000 /yr | |
| 209 | 2-bed | 1,242 sqft | AED 994KAED 993,600 · Dec 2016December 2016 | 85,000 /yr | |
| 210 | 1-bed | 779 sqft | AED 845KAED 845,000 · Jul 2016July 2016 | 60,000 /yr | |
| 211 | 2-bed | 1,162 sqft | AED 1.1MAED 1,095,000 · Jul 2015July 2015 | 65,000 /yr | |
| 212 | 2-bed | 1,161 sqft | AED 1.2MAED 1,200,000 · May 2026May 2026 | 50,000 /yr | |
| 213 | 3-bed | 1,350 sqft | AED 1.35MAED 1,350,000 · Sep 2015September 2015 | 86,000 /yr | |
| 214 | 1-bed | 820 sqft | AED 625KAED 625,000 · Jan 2024January 2024 | 43,500 /yr | |
| 215 | 1-bed | 673 sqft | AED 680KAED 680,000 · Feb 2025February 2025 | 50,917 /yr | |
| 217 | 1-bed | 739 sqft | AED 770KAED 770,000 · Dec 2025December 2025 | 50,820 /yr | |
| 218 | 1-bed | 672 sqft | AED 700KAED 700,000 · Feb 2025February 2025 | ||
| 219 | Studio | 433 sqft | AED 475KAED 475,000 · Sep 2015September 2015 | 43,000 /yr | |
| 220 | 2-bed | 1,150 sqft | AED 1.09MAED 1,085,000 · Jul 2015July 2015 | 86,000 /yr | |
| 221 | 2-bed | 1,134 sqft | AED 1.08MAED 1,075,000 · Jul 2015July 2015 | 75,000 /yr | |
| 222 | 2-bed | 1,166 sqft | AED 1.16MAED 1,160,000 · Sep 2015September 2015 |
216, Glitz Residence 3 Tower 1 in numbers
- Sold once: by Danube Properties Development on 29 October 2015 for AED 820,000, or AED 1,109 per sqft.
- Rented since October 2019 on 8 Ejari contracts. The rent fell from AED 51,000 to AED 31,500 in 2021 and recovered to AED 52,000 by October 2026.
- At AED 52,000 a year the gross yield on the 2015 price is 6.3%, before a service charge of about AED 11,600 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 1 October 2026.
Questions about 216, Glitz Residence 3 Tower 1
What did unit 216 last sell for?
AED 820,000 on 29 October 2015, sold by the developer: AED 1,109 per sqft for 739 sqft. It is the only registered sale of the unit.
What is the rent for unit 216?
AED 52,000 a year on the contract signed on 1 October 2026. The previous contract, from August 2025, was AED 62,000; the unit has been rented since October 2019.
How big is unit 216?
739 sqft (68.7 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.
What is unit 216 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 216, Glitz Residence 3 Tower 1
Starts from the last sale price (AED 820K, 29 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 820,000
- Deposit, UAE resident (20%)
- AED 164,000
- Deposit, non-resident (40%)
- AED 328,000
- Monthly over 25 years at 3.7%
- AED 3,355
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →