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2-bed · 1,152 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 5th floor · completed 2017

505, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in July 2015, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 14 March 2026
Last soldAED 1.11M26 July 2015
Current rentAED 80K /yr14 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 505, Glitz Residence 3 Tower 1

What is 505 worth today?

Last sold for AED 1,105,000 in 2015

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14 Mar 2026RentedRenewal
AED 80,000/yr12 months · AED 69 per sqft
14 Mar 2019RentedNew contract
AED 75,000/yr12 months · AED 65 per sqft
26 Jul 2015Sold by developerOff-plan
AED 1,105,000AED 959 per sqft

Source: Dubai Land Department. Updated 14 March 2026.

Key facts

Type
2-bed apartment
Size
1,152 sqft
Floor
5th of 8
Parking
B-318, B-319
Developer
Danube Properties Development
Completed
2017
Service charge
AED 18,000 /yr
Last sold
AED 1.11M · July 2015
Building
Glitz Residence 3 Tower 1

About 505, Glitz Residence 3 Tower 1

505 is a two-bedroom apartment of 1,152 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 26 July 2015 for AED 1,105,000, or AED 959 per sqft, in line with the AED 942 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 14 March 2026, is AED 80,000 a year: a gross yield of 7.2% on the 2015 price, before the service charge of about AED 18,000 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Glitz Residence 3 Tower 1
1M20152018202120242027Typical 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, July 2015: AED 1,105,000 (AED 959 per sqft)

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

Rents
Unit 505, 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, March 2019: AED 75,000 a yearRenewal, March 2026: AED 80,000 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 505 sits

All 64 2-beds →

505 last sold in July 2015 at AED 959 per sqft, in line with what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 942). 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. 505's AED 80,000 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
5042-bedAED 1.16M · Dec 2019
5061-bedAED 630K · Jul 2024
5071-bedAED 820K · Oct 2015
5081-bedAED 786K · Jul 2015
1–7 of 21

505, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 26 July 2015 for AED 1,105,000, or AED 959 per sqft.
  • Rented since March 2019 on 2 Ejari contracts, from AED 75,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2015 price is 7.2%, before a service charge of about AED 18,000 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 14 March 2026.

Questions about 505, Glitz Residence 3 Tower 1

What did unit 505 last sell for?

AED 1,105,000 on 26 July 2015, sold by the developer: AED 959 per sqft for 1,152 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 80,000 a year on the contract renewed on 14 March 2026. The previous contract, from March 2019, was AED 75,000.

How big is unit 505?

1,152 sqft (107.0 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 505 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 505, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.11M, 26 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,105,000
Deposit, UAE resident (20%)
AED 221,000
Deposit, non-resident (40%)
AED 442,000
Monthly over 25 years at 3.7%
AED 4,521

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