Studio · 443 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 3rd floor · completed 2017

302, Glitz Residence 3 Tower 1

Sold prices and rental history: sold twice, last in August 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 28 August 2025
Last soldAED 525K28 August 2025
Current rentAED 46K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Glitz Residence 3 Tower 1

What is 302 worth today?

Last sold for AED 525,000 in 2025

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28 Aug 2025SoldReady
AED 525,000AED 1,186 per sqft
1 May 2025RentedNew contract
AED 46,000/yr12 months · AED 104 per sqft
1 May 2025RentedNew contract
AED 46,000/yr12 months · AED 104 per sqft
19 Feb 2024RentedNew contract
AED 45,000/yr12 months · AED 102 per sqft
21 Sep 2022RentedNew contract
AED 30,000/yr12 months · AED 68 per sqft
1 Jul 2021RentedNew contract
AED 24,000/yr12 months · AED 54 per sqft
1 Nov 2019RentedNew contract
AED 33,000/yr12 months · AED 75 per sqft
11 Sep 2018RentedNew contract
AED 38,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 28 August 2025.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
3rd of 8
Parking
B-293
Developer
Danube Properties Development
Completed
2017
Service charge
AED 6,900 /yr
Last sold
AED 525K · August 2025

About 302, Glitz Residence 3 Tower 1

302 is a studio of 443 sqft on the 3rd 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 28 August 2025 for AED 525,000, or AED 1,186 per sqft, 14% above the AED 1,039 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 1 May 2025, is AED 46,000 a year: a gross yield of 8.8% on the 2025 price, before the service charge of about AED 6,900 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical studio in Glitz Residence 3 Tower 1
400K500K2015201820212024Typical sale price by year: 2015 AED 480,000; 2023 AED 390,000; 2025 AED 515,000Sold by developer, September 2015: AED 485,000 (AED 1,096 per sqft)Sold, August 2025: AED 525,000 (AED 1,186 per sqft)

302 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 302, each contractTypical studio in Glitz Residence 3 Tower 1
30K40K2018202120242027Typical rent by year: 2018 AED 38,000; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 24,000; 2022 AED 28,000; 2023 AED 32,000; 2024 AED 37,800; 2025 AED 44,000; 2026 AED 43,500New contract, September 2018: AED 38,000 a yearNew contract, November 2019: AED 33,000 a yearNew contract, July 2021: AED 24,000 a yearNew contract, September 2022: AED 30,000 a yearNew contract, February 2024: AED 45,000 a yearNew contract, May 2025: AED 46,000 a yearNew contract, May 2025: AED 46,000 a year

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 302 sits

All 16 studios →

302 last sold in August 2025 at AED 1,186 per sqft, 14% above what studios in Glitz Residence 3 Tower 1 were fetching at the time (AED 1,039). 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. 302's AED 46,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Feb 2026570,000
14 Aug 2025515,000
20 Feb 2025460,000
7 Nov 2024430,000
1 studio sale 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 3rd floor

All 176 units in Glitz Residence 3 Tower 1
Value
3013-bedAED 890K · Nov 2022
3031-bedAED 820K · Oct 2015
3042-bedAED 1.25M · Sep 2015
3052-bedAED 830K · Aug 2023
3061-bedAED 820K · Oct 2015
3071-bedAED 820K · Sep 2015
3081-bedAED 786K · Jul 2015
1–7 of 21

302, Glitz Residence 3 Tower 1 in numbers

  • Sold twice: first on 21 September 2015 for AED 485,000, last on 28 August 2025 for AED 525,000 (AED 1,186 per sqft).
  • Rented since September 2018 on 7 Ejari contracts. The rent fell from AED 38,000 to AED 24,000 in 2021 and recovered to AED 46,000 by May 2025.
  • At AED 46,000 a year the gross yield on the 2025 price is 8.8%, before a service charge of about AED 6,900 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 28 August 2025.

Questions about 302, Glitz Residence 3 Tower 1

What did unit 302 last sell for?

AED 525,000 on 28 August 2025: AED 1,186 per sqft for 443 sqft. The unit has 2 registered sales; the first was AED 485,000 in September 2015.

What is the rent for unit 302?

AED 46,000 a year on the contract signed on 1 May 2025. The previous contract, from May 2025, was AED 46,000; the unit has been rented since September 2018.

How big is unit 302?

443 sqft (41.2 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 302 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 302, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 525K, 28 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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