1-bed · 739 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 5th floor · completed 2017

507, Glitz Residence 3 Tower 1

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

Unit 507 · DLD and Ejari recordsUpdated 12 August 2026
Last soldAED 820K25 October 2015
Current rentAED 63K /yr12 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Glitz Residence 3 Tower 1

What is 507 worth today?

Last sold for AED 820,000 in 2015

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12 Aug 2026RentedRenewal
AED 63,000/yr12 months · AED 85 per sqft
12 Aug 2025RentedRenewal
AED 63,000/yr12 months · AED 85 per sqft
12 Aug 2025RentedRenewal
AED 63,000/yr12 months · AED 85 per sqft
12 Aug 2024RentedRenewal
AED 58,000/yr12 months · AED 78 per sqft
12 Aug 2023RentedRenewal
AED 48,000/yr12 months · AED 65 per sqft
12 Aug 2022RentedRenewal
AED 38,000/yr12 months · AED 51 per sqft
12 Aug 2021RentedNew contract
AED 38,000/yr12 months · AED 51 per sqft
10 Feb 2021RentedNew contract
AED 36,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 12 August 2026.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
5th of 8
Parking
B-278
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 820K · October 2015

About 507, Glitz Residence 3 Tower 1

507 is a one-bedroom apartment of 739 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 25 October 2015 for AED 820,000, or AED 1,109 per sqft, in line with the AED 1,109 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, renewed on 12 August 2026, is AED 63,000 a year: a gross yield of 7.7% on the 2015 price, before the service charge of about AED 11,600 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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, October 2015: AED 820,000 (AED 1,109 per sqft)

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

Rents
Unit 507, 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, May 2019: AED 50,000 a yearNew contract, November 2019: AED 48,000 a yearNew contract, February 2021: AED 36,000 a yearNew contract, August 2021: AED 38,000 a yearRenewal, August 2022: AED 38,000 a yearRenewal, August 2023: AED 48,000 a yearRenewal, August 2024: AED 58,000 a yearRenewal, August 2025: AED 63,000 a yearRenewal, August 2025: AED 63,000 a yearRenewal, August 2026: AED 63,000 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 507 sits

All 80 1-beds →

507 last sold in October 2015 at AED 1,109 per sqft, in line with what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 1,109). 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. 507's AED 63,000 is in the upper 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 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
5052-bedAED 1.11M · Jul 2015
5061-bedAED 630K · Jul 2024
5081-bedAED 786K · Jul 2015
1–7 of 21

507, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 25 October 2015 for AED 820,000, or AED 1,109 per sqft.
  • Rented since May 2019 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 36,000 in 2021 and recovered to AED 63,000 by August 2026.
  • At AED 63,000 a year the gross yield on the 2015 price is 7.7%, before a service charge of about AED 11,600 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 12 August 2026.

Questions about 507, Glitz Residence 3 Tower 1

What did unit 507 last sell for?

AED 820,000 on 25 October 2015, sold by the developer: AED 1,109 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 63,000 a year on the contract renewed on 12 August 2026. The previous contract, from August 2025, was AED 63,000; the unit has been rented since May 2019.

How big is unit 507?

739 sqft (68.7 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 507 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 507, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 820K, 25 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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