Studio · 433 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 5th floor · completed 2017

519, Glitz Residence 3 Tower 1

Sold prices and rental history: sold twice, last in August 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 519 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 515K14 August 2025
Current rentAED 54K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 519, Glitz Residence 3 Tower 1

What is 519 worth today?

Last sold for AED 515,000 in 2025

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1 Feb 2026RentedNew contract
AED 54,000/yr12 months · AED 125 per sqft
1 Feb 2026RentedNew contract
AED 54,000/yr12 months · AED 125 per sqft
14 Aug 2025SoldReady
AED 515,000AED 1,188 per sqft
5 Sep 2023RentedNew contract
AED 35,000/yr12 months · AED 81 per sqft
15 Mar 2022RentedRenewal
AED 22,000/yr12 months · AED 51 per sqft
15 Mar 2021RentedNew contract
AED 20,000/yr12 months · AED 46 per sqft
10 Feb 2020RentedNew contract
AED 28,000/yr12 months · AED 65 per sqft
21 Sep 2015Sold by developerOff-plan
AED 475,000AED 1,095 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
5th of 8
Parking
B-281
Developer
Danube Properties Development
Completed
2017
Service charge
AED 6,800 /yr
Last sold
AED 515K · August 2025

About 519, Glitz Residence 3 Tower 1

519 is a studio of 433 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. It last sold on 14 August 2025 for AED 515,000, or AED 1,188 per sqft, 17% above the AED 1,016 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 1 February 2026, is AED 54,000 a year: a gross yield of 10.5% on the 2025 price, before the service charge of about AED 6,800 a year.

Sales and rents for 519 over time

Sales
Unit 519, each saleTypical studio in Glitz Residence 3 Tower 1
400K500K2015201820212024Typical sale price by year: 2015 AED 480,000; 2023 AED 390,000; 2025 AED 515,000Sold by developer, September 2015: AED 475,000 (AED 1,095 per sqft)Sold, August 2025: AED 515,000 (AED 1,188 per sqft)

519 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 519, each contractTypical studio in Glitz Residence 3 Tower 1
20K40K60K2018202120242027Typical rent by year: 2018 AED 38,000; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 24,000; 2022 AED 28,000; 2023 AED 32,000; 2024 AED 37,800; 2025 AED 44,000; 2026 AED 43,500New contract, February 2020: AED 28,000 a yearNew contract, March 2021: AED 20,000 a yearRenewal, March 2022: AED 22,000 a yearNew contract, September 2023: AED 35,000 a yearNew contract, February 2026: AED 54,000 a yearNew contract, February 2026: AED 54,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Glitz Residence 3 Tower 1, and where 519 sits

All 16 studios →

519 last sold in August 2025 at AED 1,188 per sqft, 17% above what studios in Glitz Residence 3 Tower 1 were fetching at the time (AED 1,016). Over the last 12 months studios sold for AED 570,000, around AED 1,288 per sqft, and rent for AED 40,000 to 54,000 a year. 519's AED 54,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Feb 2026570,000
28 Aug 2025525,000
20 Feb 2025460,000
7 Nov 2024430,000
1 studio sale 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

519, Glitz Residence 3 Tower 1 in numbers

  • Sold twice: first on 21 September 2015 for AED 475,000, last on 14 August 2025 for AED 515,000 (AED 1,188 per sqft).
  • Rented since February 2020 on 6 Ejari contracts. The rent fell from AED 28,000 to AED 20,000 in 2021 and recovered to AED 54,000 by February 2026.
  • At AED 54,000 a year the gross yield on the 2025 price is 10.5%, before a service charge of about AED 6,800 a year (AED 15.66 per sqft).
  • Studios in Glitz Residence 3 Tower 1 sold for AED 570,000–570,000 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 February 2026.

Questions about 519, Glitz Residence 3 Tower 1

What did unit 519 last sell for?

AED 515,000 on 14 August 2025: AED 1,188 per sqft for 433 sqft. The unit has 2 registered sales; the first was AED 475,000 in September 2015.

What is the rent for unit 519?

AED 54,000 a year on the contract signed on 1 February 2026. The previous contract, from February 2026, was AED 54,000; the unit has been rented since February 2020.

How big is unit 519?

433 sqft (40.2 sqm): a studio on the 5th floor of a 8-storey tower completed in 2017.

What is unit 519 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glitz Residence 3 Tower 1 sold for AED 570,000 to 570,000 in the last 12 months, around AED 1,288 per sqft.

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Mortgage on 519, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 515K, 14 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 515,000
Deposit, UAE resident (20%)
AED 103,000
Deposit, non-resident (40%)
AED 206,000
Monthly over 25 years at 3.7%
AED 2,107

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