1-bed · 739 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 3rd floor · completed 2017

306, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 20 October 2025
Last soldAED 820K25 October 2015
Current rentAED 60K /yr20 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Glitz Residence 3 Tower 1

What is 306 worth today?

Last sold for AED 820,000 in 2015

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20 Oct 2025RentedNew contract
AED 60,000/yr12 months · AED 81 per sqft
25 Sep 2024RentedNew contract
AED 65,000/yr12 months · AED 88 per sqft
1 Dec 2019RentedRenewal
AED 53,000/yr12 months · AED 71 per sqft
1 Dec 2018RentedNew contract
AED 55,000/yr12 months · AED 74 per sqft
25 Oct 2015Sold by developerOff-plan
AED 820,000AED 1,109 per sqft

Source: Dubai Land Department. Updated 20 October 2025.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
3rd of 8
Parking
B-327
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 820K · October 2015

About 306, Glitz Residence 3 Tower 1

306 is a one-bedroom apartment of 739 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. The developer sold it on 25 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 2018 on 4 Ejari contracts. The current contract, signed on 20 October 2025, is AED 60,000 a year: a gross yield of 7.3% on the 2015 price, before the service charge of about AED 11,600 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Glitz Residence 3 Tower 1
400K600K800K20152018202120242027Typical 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 820,000 (AED 1,109 per sqft)

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

Rents
Unit 306, 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, December 2018: AED 55,000 a yearRenewal, December 2019: AED 53,000 a yearNew contract, September 2024: AED 65,000 a yearNew contract, October 2025: AED 60,000 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 306 sits

All 80 1-beds →

306 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. 306's AED 60,000 is in the lower half 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 3rd floor

All 176 units in Glitz Residence 3 Tower 1
Value
3013-bedAED 890K · Nov 2022
302StudioAED 525K · Aug 2025
3031-bedAED 820K · Oct 2015
3042-bedAED 1.25M · Sep 2015
3052-bedAED 830K · Aug 2023
3071-bedAED 820K · Sep 2015
3081-bedAED 786K · Jul 2015
1–7 of 21

306, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 25 October 2015 for AED 820,000, or AED 1,109 per sqft.
  • Rented since December 2018 on 4 Ejari contracts, from AED 55,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 7.3%, 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 20 October 2025.

Questions about 306, Glitz Residence 3 Tower 1

What did unit 306 last sell for?

AED 820,000 on 25 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 306?

AED 60,000 a year on the contract signed on 20 October 2025. The previous contract, from September 2024, was AED 65,000; the unit has been rented since December 2018.

How big is unit 306?

739 sqft (68.7 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 306 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 306, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 820K, 25 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 →