1-bed · 666 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 5th floor · completed 2017

515, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in September 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 21 September 2015
Last soldAED 786K21 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Glitz Residence 3 Tower 1

What is 515 worth today?

Last sold for AED 786,000 in 2015

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21 Sep 2015Sold by developerOff-plan
AED 786,000AED 1,180 per sqft

Source: Dubai Land Department. Updated 21 September 2015.

Key facts

Type
1-bed apartment
Size
666 sqft
Floor
5th of 8
Parking
B-275
Developer
Danube Properties Development
Completed
2017
Service charge
AED 10,400 /yr
Last sold
AED 786K · September 2015

About 515, Glitz Residence 3 Tower 1

515 is a one-bedroom apartment of 666 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 786,000, or AED 1,180 per sqft, in line with the AED 1,169 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 515 over time

Sales
Unit 515, 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, September 2015: AED 786,000 (AED 1,180 per sqft)

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

Rents
Unit 515, 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 60,000

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 515 sits

All 80 1-beds →

515 last sold in September 2015 at AED 1,180 per sqft, in line with 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.

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

515, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 21 September 2015 for AED 786,000, or AED 1,180 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 21 September 2015.

Questions about 515, Glitz Residence 3 Tower 1

What did unit 515 last sell for?

AED 786,000 on 21 September 2015, sold by the developer: AED 1,180 per sqft for 666 sqft. It is the only registered sale of the unit.

How big is unit 515?

666 sqft (61.9 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 515 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 515, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 786K, 21 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 786,000
Deposit, UAE resident (20%)
AED 157,200
Deposit, non-resident (40%)
AED 314,400
Monthly over 25 years at 3.7%
AED 3,216

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