501, 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.
Property timeline for 501, Glitz Residence 3 Tower 1
What is 501 worth today?
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Source: Dubai Land Department. Updated 21 August 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,354 sqft
- Floor
- 5th of 8
- Parking
- B-390, B-391
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 21,200 /yr
- Last sold
- AED 1.35M · October 2015
- Building
- Glitz Residence 3 Tower 1
About 501, Glitz Residence 3 Tower 1
501 is a three-bedroom apartment of 1,354 sqft on the 5th 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 1,350,000, or AED 996 per sqft, in line with the AED 999 three-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 21 August 2025, is AED 110,000 a year: a gross yield of 8.2% on the 2015 price, before the service charge of about AED 21,200 a year.
Sales and rents for 501 over time
501 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Glitz Residence 3 Tower 1, and where 501 sits
All 16 3-beds →501 last sold in October 2015 at AED 996 per sqft, in line with what three-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 999). Over the last 12 months three-beds sold for AED 1,275,000 to 1,500,000, around AED 1,024 per sqft, and rent for AED 90,000 to 110,000 a year. 501's AED 110,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Feb 202625 February 2026 | 1,354 sqft | 1,500,000 | 1,107 | ||
| 3 Feb 20263 February 2026 | 1,354 sqft | 1,275,000 | 941 | ||
| 3 Mar 20253 March 2025 | 1,350 sqft | 1,420,000 | 1,051 | ||
| 3 Oct 20243 October 2024 | 1,350 sqft | 1,340,000 | 992 |
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 5th floor
All 176 units in Glitz Residence 3 Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | Studio | 443 sqft | AED 400KAED 400,000 · Nov 2023November 2023 | 36,735 /yr | |
| 503 | 1-bed | 743 sqft | AED 820KAED 820,000 · Oct 2015October 2015 | 63,000 /yr | |
| 504 | 2-bed | 1,293 sqft | AED 1.16MAED 1,164,706 · Dec 2019December 2019 | 71,491 /yr | |
| 505 | 2-bed | 1,152 sqft | AED 1.11MAED 1,105,000 · Jul 2015July 2015 | 80,000 /yr | |
| 506 | 1-bed | 739 sqft | AED 630KAED 630,000 · Jul 2024July 2024 | 41,800 /yr | |
| 507 | 1-bed | 739 sqft | AED 820KAED 820,000 · Oct 2015October 2015 | 63,000 /yr | |
| 508 | 1-bed | 672 sqft | AED 786KAED 786,000 · Jul 2015July 2015 | 60,000 /yr | |
| 509 | 2-bed | 1,242 sqft | AED 1.21MAED 1,210,000 · Oct 2016October 2016 | 88,000 /yr | |
| 510 | 1-bed | 779 sqft | AED 753KAED 753,000 · Feb 2023February 2023 | 55,000 /yr | |
| 511 | 2-bed | 1,162 sqft | AED 1.1MAED 1,095,000 · Oct 2015October 2015 | 85,378 /yr | |
| 512 | 2-bed | 1,161 sqft | AED 1.1MAED 1,095,000 · Sep 2015September 2015 | 95,000 /yr | |
| 513 | 3-bed | 1,350 sqft | AED 850KAED 850,000 · Aug 2022August 2022 | 60,000 /yr | |
| 514 | 1-bed | 820 sqft | AED 895KAED 895,000 · Sep 2015September 2015 | 52,800 /yr | |
| 515 | 1-bed | 666 sqft | AED 786KAED 786,000 · Sep 2015September 2015 | ||
| 516 | 1-bed | 739 sqft | AED 820KAED 820,000 · Oct 2015October 2015 | 70,000 /yr | |
| 517 | 1-bed | 739 sqft | AED 650KAED 650,000 · Oct 2018October 2018 | 75,000 /yr | |
| 518 | 1-bed | 672 sqft | AED 670KAED 670,000 · Feb 2025February 2025 | 67,000 /yr | |
| 519 | Studio | 433 sqft | AED 515KAED 515,000 · Aug 2025August 2025 | 54,000 /yr | |
| 520 | 2-bed | 1,150 sqft | AED 1.09MAED 1,085,000 · Oct 2015October 2015 | 75,000 /yr | |
| 521 | 2-bed | 1,134 sqft | AED 1.09MAED 1,085,000 · Oct 2015October 2015 | 83,000 /yr | |
| 522 | 2-bed | 1,166 sqft | AED 1.16MAED 1,160,000 · Oct 2015October 2015 |
501, Glitz Residence 3 Tower 1 in numbers
- Sold once: by Danube Properties Development on 29 October 2015 for AED 1,350,000, or AED 996 per sqft.
- Rented since November 2018 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 74,000 in 2020 and recovered to AED 110,000 by August 2025.
- At AED 110,000 a year the gross yield on the 2015 price is 8.2%, before a service charge of about AED 21,200 a year (AED 15.66 per sqft).
- Three-beds in Glitz Residence 3 Tower 1 sold for AED 1,275,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 987 per sqft.
Source: Dubai Land Department. Updated 21 August 2025.
Questions about 501, Glitz Residence 3 Tower 1
What did unit 501 last sell for?
AED 1,350,000 on 29 October 2015, sold by the developer: AED 996 per sqft for 1,354 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 110,000 a year on the contract renewed on 21 August 2025. The previous contract, from August 2024, was AED 110,000; the unit has been rented since November 2018.
How big is unit 501?
1,354 sqft (125.8 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Glitz Residence 3 Tower 1 sold for AED 1,275,000 to 1,500,000 in the last 12 months, around AED 1,024 per sqft.
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Mortgage on 501, Glitz Residence 3 Tower 1
Starts from the last sale price (AED 1.35M, 29 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →