2-bed · 1,293 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 5th floor · completed 2017

504, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in December 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 15 November 2025
Last soldAED 1.16M31 December 2019
Current rentAED 71K /yr15 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Glitz Residence 3 Tower 1

What is 504 worth today?

Last sold for AED 1,164,706 in 2019

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15 Nov 2025RentedRenewal
AED 71,491/yr6 months · AED 55 per sqft
15 Nov 2024RentedRenewal
AED 72,000/yr12 months · AED 56 per sqft
15 Nov 2023RentedRenewal
AED 65,100/yr12 months · AED 50 per sqft
15 Nov 2022RentedRenewal
AED 62,000/yr12 months · AED 48 per sqft
15 Nov 2021RentedRenewal
AED 56,000/yr12 months · AED 43 per sqft
15 Nov 2020RentedNew contract
AED 58,000/yr12 months · AED 45 per sqft
31 Dec 2019Sold by developerReady
AED 1,164,706AED 900 per sqft

Source: Dubai Land Department. Updated 15 November 2025.

Key facts

Type
2-bed apartment
Size
1,293 sqft
Floor
5th of 8
Parking
B-342, B-343
Developer
Danube Properties Development
Completed
2017
Service charge
AED 20,200 /yr
Last sold
AED 1.16M · December 2019

About 504, Glitz Residence 3 Tower 1

504 is a two-bedroom apartment of 1,293 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 31 December 2019 for AED 1,164,706, or AED 900 per sqft, 6% above the AED 851 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 15 November 2025, is AED 71,491 a year: a gross yield of 6.1% on the 2019 price, before the service charge of about AED 20,200 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Glitz Residence 3 Tower 1
800K1M1.2M20152018202120242027Typical sale price by year: 2015 AED 1,095,000; 2016 AED 1,115,000; 2017 AED 1,112,500; 2018 AED 1,105,000; 2019 AED 1,019,100; 2023 AED 850,000; 2024 AED 1,000,000; 2025 AED 1,120,000; 2026 AED 1,120,000Sold by developer, December 2019: AED 1,164,706 (AED 900 per sqft)

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

Rents
Unit 504, each contractTypical two-bed in Glitz Residence 3 Tower 1
60K80K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 72,000; 2020 AED 58,000; 2021 AED 54,000; 2022 AED 60,000; 2023 AED 68,250; 2024 AED 71,652; 2025 AED 80,262; 2026 AED 84,000New contract, November 2020: AED 58,000 a yearRenewal, November 2021: AED 56,000 a yearRenewal, November 2022: AED 62,000 a yearRenewal, November 2023: AED 65,100 a yearRenewal, November 2024: AED 72,000 a yearRenewal, November 2025: AED 71,491 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Glitz Residence 3 Tower 1, and where 504 sits

All 64 2-beds →

504 last sold in December 2019 at AED 900 per sqft, 6% above what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 851). Over the last 12 months two-beds sold for AED 1,060,000 to 1,200,000, around AED 961 per sqft, and rent for AED 65,000 to 97,000 a year. 504's AED 71,491 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 May 20261,200,000
6 Apr 20261,190,000
6 Apr 20261,170,000
10 Mar 20261,100,000
8 2-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 5th floor

All 176 units in Glitz Residence 3 Tower 1
Value
5013-bedAED 1.35M · Oct 2015
502StudioAED 400K · Nov 2023
5031-bedAED 820K · Oct 2015
5052-bedAED 1.11M · Jul 2015
5061-bedAED 630K · Jul 2024
5071-bedAED 820K · Oct 2015
5081-bedAED 786K · Jul 2015
1–7 of 21

504, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 31 December 2019 for AED 1,164,706, or AED 900 per sqft.
  • Rented since November 2020 on 6 Ejari contracts, from AED 58,000 to AED 71,491 a year.
  • At AED 71,491 a year the gross yield on the 2019 price is 6.1%, before a service charge of about AED 20,200 a year (AED 15.66 per sqft).
  • Two-beds in Glitz Residence 3 Tower 1 sold for AED 1,060,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 987 per sqft.

Source: Dubai Land Department. Updated 15 November 2025.

Questions about 504, Glitz Residence 3 Tower 1

What did unit 504 last sell for?

AED 1,164,706 on 31 December 2019, sold by the developer: AED 900 per sqft for 1,293 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 71,491 a year on the contract renewed on 15 November 2025. The previous contract, from November 2024, was AED 72,000; the unit has been rented since November 2020.

How big is unit 504?

1,293 sqft (120.1 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Glitz Residence 3 Tower 1 sold for AED 1,060,000 to 1,200,000 in the last 12 months, around AED 961 per sqft.

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Mortgage on 504, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.16M, 31 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,164,706
Deposit, UAE resident (20%)
AED 232,941
Deposit, non-resident (40%)
AED 465,882
Monthly over 25 years at 3.7%
AED 4,765

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