2-bed · 1,162 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 5th floor · completed 2017

511, 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.

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Unit 511 · DLD and Ejari recordsUpdated 20 July 2025

Last soldAED 1.1M25 October 2015

Current rentAED 85K /yr20 July 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 511, Glitz Residence 3 Tower 1

Today

What is 511 worth today?

Last sold for AED 1,095,000 in 2015

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20 Jul 2025

20 Jul 2025RentedRenewal

AED 85,378/yr5 months · AED 73 per sqft

20 Jul 2025

20 Jul 2025RentedRenewal

AED 85,378/yr5 months · AED 73 per sqft

20 Jul 2024

20 Jul 2024RentedRenewal

AED 67,760/yr12 months · AED 58 per sqft

20 Jul 2023

20 Jul 2023RentedRenewal

AED 61,600/yr12 months · AED 53 per sqft

20 Jul 2022

20 Jul 2022RentedRenewal

AED 56,000/yr12 months · AED 48 per sqft

20 Jul 2021

20 Jul 2021RentedNew contract

AED 53,000/yr12 months · AED 46 per sqft

1 Feb 2020

1 Feb 2020RentedRenewal

AED 72,000/yr12 months · AED 62 per sqft

1 Feb 2019

1 Feb 2019RentedNew contract

AED 72,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 20 July 2025.

Key facts

Type: 2-bed apartment
Size: 1,162 sqft
Floor: 5th of 8
Parking: B-320, B-321
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 18,200 /yr
Last sold: AED 1.1M · October 2015
Building: Glitz Residence 3 Tower 1

About 511, Glitz Residence 3 Tower 1

511 is a two-bedroom apartment of 1,162 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 1,095,000, or AED 942 per sqft, in line with the AED 956 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 20 July 2025, is AED 85,378 a year: a gross yield of 7.8% on the 2015 price, before the service charge of about AED 18,200 a year.

Sales and rents for 511 over time

Sales

Unit 511, each saleTypical two-bed in Glitz Residence 3 Tower 1

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

Rents

Unit 511, 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 511 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

511 last sold in October 2015 at AED 942 per sqft, in line with what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 956). 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. 511's AED 85,378 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
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
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

511, Glitz Residence 3 Tower 1 in numbers

Sold once: by Danube Properties Development on 25 October 2015 for AED 1,095,000, or AED 942 per sqft.
Rented since February 2019 on 8 Ejari contracts. The rent fell from AED 72,000 to AED 53,000 in 2021 and recovered to AED 85,378 by July 2025.
At AED 85,378 a year the gross yield on the 2015 price is 7.8%, before a service charge of about AED 18,200 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 20 July 2025.

Questions about 511, Glitz Residence 3 Tower 1

What did unit 511 last sell for?

AED 1,095,000 on 25 October 2015, sold by the developer: AED 942 per sqft for 1,162 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 85,378 a year on the contract renewed on 20 July 2025. The previous contract, from July 2025, was AED 85,378; the unit has been rented since February 2019.

How big is unit 511?

1,162 sqft (108.0 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 511 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 511, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.1M, 25 October 2015). Switch to today's estimate once you have unlocked it.

Price: AED 1,095,000
Deposit, UAE resident (20%): AED 219,000
Deposit, non-resident (40%): AED 438,000
Monthly over 25 years at 3.7%: AED 4,480

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