502, Glitz Residence 3 Tower 1
Sold prices and rental history: sold twice, last in November 2023, 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 502, Glitz Residence 3 Tower 1
What is 502 worth today?
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Source: Dubai Land Department. Updated 10 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 443 sqft
- Floor
- 5th of 8
- Parking
- B-282
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 6,900 /yr
- Last sold
- AED 400K · November 2023
- Building
- Glitz Residence 3 Tower 1
About 502, Glitz Residence 3 Tower 1
502 is a studio of 443 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. It last sold on 29 November 2023 for AED 400,000, or AED 903 per sqft, in line with the AED 899 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 10 June 2025, is AED 36,735 a year: a gross yield of 9.2% on the 2023 price, before the service charge of about AED 6,900 a year.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the studio median of each year in the building.
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 502 sits
All 16 studios →502 last sold in November 2023 at AED 903 per sqft, in line with what studios in Glitz Residence 3 Tower 1 were fetching at the time (AED 899). 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. 502's AED 36,735 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Feb 202623 February 2026 | 443 sqft | 570,000 | 1,288 | ||
| 28 Aug 202528 August 2025 | 443 sqft | 525,000 | 1,186 | ||
| 14 Aug 202514 August 2025 | 433 sqft | 515,000 | 1,188 | ||
| 20 Feb 202520 February 2025 | 443 sqft | 460,000 | 1,039 |
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 | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,354 sqft | AED 1.35MAED 1,350,000 · Oct 2015October 2015 | 110,000 /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 |
502, Glitz Residence 3 Tower 1 in numbers
- Sold twice: first on 26 July 2015 for AED 485,000, last on 29 November 2023 for AED 400,000 (AED 903 per sqft).
- Rented since November 2018 on 8 Ejari contracts. The rent fell from AED 43,000 to AED 24,000 in 2021 and recovered to AED 36,735 by June 2025.
- At AED 36,735 a year the gross yield on the 2023 price is 9.2%, 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 10 June 2025.
Questions about 502, Glitz Residence 3 Tower 1
What did unit 502 last sell for?
AED 400,000 on 29 November 2023: AED 903 per sqft for 443 sqft. The unit has 2 registered sales; the first was AED 485,000 in July 2015.
What is the rent for unit 502?
AED 36,735 a year on the contract renewed on 10 June 2025. The previous contract, from June 2025, was AED 36,735; the unit has been rented since November 2018.
How big is unit 502?
443 sqft (41.2 sqm): a studio on the 5th floor of a 8-storey tower completed in 2017.
What is unit 502 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 502, Glitz Residence 3 Tower 1
Starts from the last sale price (AED 400K, 29 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →