1-bed · 820 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 5th floor · completed 2017

514, 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.

Unit 514 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 895K1 September 2015
Current rentAED 53K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Glitz Residence 3 Tower 1

What is 514 worth today?

Last sold for AED 895,000 in 2015

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1 Dec 2025RentedRenewal
AED 52,800/yr12 months · AED 65 per sqft
1 Dec 2024RentedRenewal
AED 52,800/yr12 months · AED 65 per sqft
1 Dec 2023RentedRenewal
AED 48,000/yr12 months · AED 59 per sqft
1 Dec 2023RentedRenewal
AED 46,200/yr12 months · AED 56 per sqft
1 Dec 2022RentedRenewal
AED 44,500/yr12 months · AED 54 per sqft
1 Dec 2021RentedRenewal
AED 41,000/yr12 months · AED 50 per sqft
1 Dec 2020RentedRenewal
AED 43,000/yr12 months · AED 53 per sqft
1 Dec 2019RentedRenewal
AED 53,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
1-bed apartment
Size
820 sqft
Floor
5th of 8
Parking
B-11
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,800 /yr
Last sold
AED 895K · September 2015

About 514, Glitz Residence 3 Tower 1

514 is a one-bedroom apartment of 820 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 1 September 2015 for AED 895,000, or AED 1,091 per sqft, 7% below the AED 1,169 one-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 1 December 2025, is AED 52,800 a year: a gross yield of 5.9% on the 2015 price, before the service charge of about AED 12,800 a year.

Sales and rents for 514 over time

Sales
Unit 514, each saleTypical one-bed in Glitz Residence 3 Tower 1
500K750K20152018202120242027Typical 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, September 2015: AED 895,000 (AED 1,091 per sqft)

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

Rents
Unit 514, 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, December 2018: AED 55,000 a yearRenewal, December 2019: AED 53,000 a yearRenewal, December 2020: AED 43,000 a yearRenewal, December 2021: AED 41,000 a yearRenewal, December 2022: AED 44,500 a yearRenewal, December 2023: AED 48,000 a yearRenewal, December 2023: AED 46,200 a yearRenewal, December 2024: AED 52,800 a yearRenewal, December 2025: AED 52,800 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 514 sits

All 80 1-beds →

514 last sold in September 2015 at AED 1,091 per sqft, 7% below what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 1,169). 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. 514's AED 52,800 is in the lower 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
5071-bedAED 820K · Oct 2015
1–7 of 21

514, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 1 September 2015 for AED 895,000, or AED 1,091 per sqft.
  • Rented since December 2018 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 41,000 in 2021 and recovered to AED 52,800 by December 2025.
  • At AED 52,800 a year the gross yield on the 2015 price is 5.9%, before a service charge of about AED 12,800 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 1 December 2025.

Questions about 514, Glitz Residence 3 Tower 1

What did unit 514 last sell for?

AED 895,000 on 1 September 2015, sold by the developer: AED 1,091 per sqft for 820 sqft. It is the only registered sale of the unit.

What is the rent for unit 514?

AED 52,800 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 52,800; the unit has been rented since December 2018.

How big is unit 514?

820 sqft (76.2 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 514 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 514, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 895K, 1 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 895,000
Deposit, UAE resident (20%)
AED 179,000
Deposit, non-resident (40%)
AED 358,000
Monthly over 25 years at 3.7%
AED 3,662

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