1-bed · 673 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 3rd floor · completed 2017

315, Glitz Residence 3 Tower 1

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

Unit 315 · DLD and Ejari recordsUpdated 18 December 2024
Last soldAED 786K21 September 2015
Current rentAED 60K /yr18 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Glitz Residence 3 Tower 1

What is 315 worth today?

Last sold for AED 786,000 in 2015

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18 Dec 2024RentedNew contract
AED 59,839/yr12 months · AED 88 per sqft
18 Dec 2022RentedRenewal
AED 42,000/yr12 months · AED 62 per sqft
18 Dec 2021RentedRenewal
AED 38,000/yr12 months · AED 56 per sqft
18 Dec 2020RentedRenewal
AED 38,000/yr12 months · AED 56 per sqft
18 Dec 2019RentedRenewal
AED 50,000/yr12 months · AED 74 per sqft
18 Dec 2018RentedNew contract
AED 50,000/yr12 months · AED 74 per sqft
21 Sep 2015Sold by developerOff-plan
AED 786,000AED 1,180 per sqft

Source: Dubai Land Department. Updated 18 December 2024.

Key facts

Type
1-bed apartment
Size
673 sqft
Floor
3rd of 8
Parking
B-444
Developer
Danube Properties Development
Completed
2017
Service charge
AED 10,500 /yr
Last sold
AED 786K · September 2015

About 315, Glitz Residence 3 Tower 1

315 is a one-bedroom apartment of 673 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 21 September 2015 for AED 786,000, or AED 1,180 per sqft, in line with the AED 1,169 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 18 December 2024, is AED 59,839 a year: a gross yield of 7.6% on the 2015 price, before the service charge of about AED 10,500 a year.

Sales and rents for 315 over time

Sales
Unit 315, 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, September 2015: AED 786,000 (AED 1,180 per sqft)

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

Rents
Unit 315, 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 50,000 a yearRenewal, December 2019: AED 50,000 a yearRenewal, December 2020: AED 38,000 a yearRenewal, December 2021: AED 38,000 a yearRenewal, December 2022: AED 42,000 a yearNew contract, December 2024: AED 59,839 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 315 sits

All 80 1-beds →

315 last sold in September 2015 at AED 1,180 per sqft, in line with what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 1,169). 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. 315's AED 59,839 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
3061-bedAED 820K · Oct 2015
3071-bedAED 820K · Sep 2015
1–7 of 21

315, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 21 September 2015 for AED 786,000, or AED 1,180 per sqft.
  • Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 38,000 in 2021 and recovered to AED 59,839 by December 2024.
  • At AED 59,839 a year the gross yield on the 2015 price is 7.6%, before a service charge of about AED 10,500 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 18 December 2024.

Questions about 315, Glitz Residence 3 Tower 1

What did unit 315 last sell for?

AED 786,000 on 21 September 2015, sold by the developer: AED 1,180 per sqft for 673 sqft. It is the only registered sale of the unit.

What is the rent for unit 315?

AED 59,839 a year on the contract signed on 18 December 2024. The previous contract, from December 2022, was AED 42,000; the unit has been rented since December 2018.

How big is unit 315?

673 sqft (62.5 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 315 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 315, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 786K, 21 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 786,000
Deposit, UAE resident (20%)
AED 157,200
Deposit, non-resident (40%)
AED 314,400
Monthly over 25 years at 3.7%
AED 3,216

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