2-bed · 1,161 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 5th floor · completed 2017

512, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in September 2015, 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 512 · DLD and Ejari recordsUpdated 15 February 2025

Last soldAED 1.1M21 September 2015

Current rentAED 95K /yr15 February 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 512, Glitz Residence 3 Tower 1

Today

What is 512 worth today?

Last sold for AED 1,095,000 in 2015

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15 Feb 2025

15 Feb 2025RentedNew contract

AED 95,000/yr12 months · AED 82 per sqft

15 Feb 2025

15 Feb 2025RentedNew contract

AED 95,000/yr12 months · AED 82 per sqft

11 Dec 2023

11 Dec 2023RentedRenewal

AED 60,500/yr12 months · AED 52 per sqft

11 Dec 2022

11 Dec 2022RentedRenewal

AED 55,000/yr12 months · AED 47 per sqft

11 Dec 2021

11 Dec 2021RentedRenewal

AED 50,000/yr12 months · AED 43 per sqft

11 Dec 2020

11 Dec 2020RentedRenewal

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

11 Dec 2019

11 Dec 2019RentedRenewal

AED 65,000/yr12 months · AED 56 per sqft

11 Dec 2018

11 Dec 2018RentedNew contract

AED 70,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 15 February 2025.

Key facts

Type: 2-bed apartment
Size: 1,161 sqft
Floor: 5th of 8
Parking: B-322, B-323
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 18,200 /yr
Last sold: AED 1.1M · September 2015
Building: Glitz Residence 3 Tower 1

About 512, Glitz Residence 3 Tower 1

512 is a two-bedroom apartment of 1,161 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 21 September 2015 for AED 1,095,000, or AED 942 per sqft, in line with the AED 945 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 15 February 2025, is AED 95,000 a year: a gross yield of 8.7% on the 2015 price, before the service charge of about AED 18,200 a year.

Sales and rents for 512 over time

Sales

Unit 512, each saleTypical two-bed in Glitz Residence 3 Tower 1

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

Rents

Unit 512, 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 512 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

512 last sold in September 2015 at AED 942 per sqft, in line with what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 945). 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. 512's AED 95,000 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
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
511	2-bed	1,162 sqft	AED 1.1MAED 1,095,000 · Oct 2015October 2015	85,378 /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

512, Glitz Residence 3 Tower 1 in numbers

Sold once: by Danube Properties Development on 21 September 2015 for AED 1,095,000, or AED 942 per sqft.
Rented since December 2018 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 50,000 in 2021 and recovered to AED 95,000 by February 2025.
At AED 95,000 a year the gross yield on the 2015 price is 8.7%, 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 15 February 2025.

Questions about 512, Glitz Residence 3 Tower 1

What did unit 512 last sell for?

AED 1,095,000 on 21 September 2015, sold by the developer: AED 942 per sqft for 1,161 sqft. It is the only registered sale of the unit.

What is the rent for unit 512?

AED 95,000 a year on the contract signed on 15 February 2025. The previous contract, from February 2025, was AED 95,000; the unit has been rented since December 2018.

How big is unit 512?

1,161 sqft (107.9 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 512 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 512, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.1M, 21 September 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 →