2-bed · 1,242 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 5th floor · completed 2017

509, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 509 · DLD and Ejari recordsUpdated 2 March 2025

Last soldAED 1.21M4 October 2016

Current rentAED 88K /yr2 March 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 509, Glitz Residence 3 Tower 1

Today

What is 509 worth today?

Last sold for AED 1,210,000 in 2016

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2 Mar 2025

2 Mar 2025RentedRenewal

AED 88,000/yr12 months · AED 71 per sqft

2 Mar 2025

2 Mar 2025RentedRenewal

AED 88,000/yr12 months · AED 71 per sqft

15 Mar 2024

15 Mar 2024RentedRenewal

AED 71,652/yr12 months · AED 58 per sqft

15 Mar 2023

15 Mar 2023RentedRenewal

AED 68,250/yr12 months · AED 55 per sqft

15 Mar 2022

15 Mar 2022RentedNew contract

AED 65,000/yr12 months · AED 52 per sqft

20 Jul 2021

20 Jul 2021RentedRenewal

AED 50,000/yr12 months · AED 40 per sqft

20 Jul 2020

20 Jul 2020RentedNew contract

AED 50,000/yr12 months · AED 40 per sqft

1 Dec 2019

1 Dec 2019RentedRenewal

AED 73,000/yr6 months · AED 59 per sqft

Source: Dubai Land Department. Updated 2 March 2025.

Key facts

Type: 2-bed apartment
Size: 1,242 sqft
Floor: 5th of 8
Parking: B-366, B-367
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 19,400 /yr
Last sold: AED 1.21M · October 2016
Building: Glitz Residence 3 Tower 1

About 509, Glitz Residence 3 Tower 1

509 is a two-bedroom apartment of 1,242 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 4 October 2016 for AED 1,210,000, or AED 974 per sqft, in line with the AED 960 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 2 March 2025, is AED 88,000 a year: a gross yield of 7.3% on the 2016 price, before the service charge of about AED 19,400 a year.

Sales and rents for 509 over time

Sales

Unit 509, each saleTypical two-bed in Glitz Residence 3 Tower 1

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

Rents

Unit 509, each contractTypical two-bed in Glitz Residence 3 Tower 1

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 509 sits

All 64 2-beds →

2-beds in Glitz Residence 3 Tower 1 · last 12 months961 /sqft Glitz Residence 3 Tower 1 · all types987 /sqft

509 last sold in October 2016 at AED 974 per sqft, in line with what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 960). 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. 509's AED 88,000 is in the upper half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
20 May 202620 May 2026	1,161 sqft	1,200,000	1,033
6 Apr 20266 April 2026	1,242 sqft	1,190,000	958
6 Apr 20266 April 2026	1,166 sqft	1,170,000	1,003
10 Mar 202610 March 2026	1,134 sqft	1,100,000	970

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


501	3-bed	1,354 sqft	AED 1.35MAED 1,350,000 · Oct 2015October 2015	110,000 /yr
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
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

1–7 of 21

509, Glitz Residence 3 Tower 1 in numbers

Sold once: by Danube Properties Development on 4 October 2016 for AED 1,210,000, or AED 974 per sqft.
Rented since December 2018 on 9 Ejari contracts. The rent fell from AED 73,000 to AED 50,000 in 2021 and recovered to AED 88,000 by March 2025.
At AED 88,000 a year the gross yield on the 2016 price is 7.3%, before a service charge of about AED 19,400 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 2 March 2025.

Questions about 509, Glitz Residence 3 Tower 1

What did unit 509 last sell for?

AED 1,210,000 on 4 October 2016, sold by the developer: AED 974 per sqft for 1,242 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 88,000 a year on the contract renewed on 2 March 2025. The previous contract, from March 2025, was AED 88,000; the unit has been rented since December 2018.

How big is unit 509?

1,242 sqft (115.4 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 509 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 509, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.21M, 4 October 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,210,000
Deposit, UAE resident (20%): AED 242,000
Deposit, non-resident (40%): AED 484,000
Monthly over 25 years at 3.7%: AED 4,950

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