1-bed · 739 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 6th floor · completed 2017

616, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 616 · DLD and Ejari recordsUpdated 28 January 2025

Last soldAED 820K29 October 2015

Current rentAED 50K /yr28 January 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 616, Glitz Residence 3 Tower 1

Today

What is 616 worth today?

Last sold for AED 820,000 in 2015

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28 Jan 2025

28 Jan 2025RentedRenewal

AED 50,094/yr12 months · AED 68 per sqft

28 Jan 2025

28 Jan 2025RentedRenewal

AED 50,094/yr12 months · AED 68 per sqft

28 Jan 2024

28 Jan 2024RentedRenewal

AED 45,540/yr12 months · AED 62 per sqft

28 Jan 2023

28 Jan 2023RentedRenewal

AED 41,400/yr12 months · AED 56 per sqft

28 Jan 2022

28 Jan 2022RentedNew contract

AED 36,000/yr12 months · AED 49 per sqft

10 Jan 2021

10 Jan 2021RentedNew contract

AED 31,000/yr12 months · AED 42 per sqft

29 Oct 2015

29 Oct 2015Sold by developerOff-plan

AED 820,000AED 1,109 per sqft

Source: Dubai Land Department. Updated 28 January 2025.

Key facts

Type: 1-bed apartment
Size: 739 sqft
Floor: 6th of 8
Parking: B-34
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 11,600 /yr
Last sold: AED 820K · October 2015
Building: Glitz Residence 3 Tower 1

About 616, Glitz Residence 3 Tower 1

616 is a one-bedroom apartment of 739 sqft on the 6th 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 29 October 2015 for AED 820,000, or AED 1,109 per sqft, in line with the AED 1,109 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 28 January 2025, is AED 50,094 a year: a gross yield of 6.1% on the 2015 price, before the service charge of about AED 11,600 a year.

Sales and rents for 616 over time

Sales

Unit 616, each saleTypical one-bed in Glitz Residence 3 Tower 1

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

Rents

Unit 616, each contractTypical one-bed in Glitz Residence 3 Tower 1

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 616 sits

All 80 1-beds →

1-beds in Glitz Residence 3 Tower 1 · last 12 months1,048 /sqft Glitz Residence 3 Tower 1 · all types987 /sqft

616 last sold in October 2015 at AED 1,109 per sqft, in line with what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 1,109). 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. 616's AED 50,094 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
2 Oct 20262 October 2026	672 sqft	715,000	1,064
28 Apr 202628 April 2026	369 sqft	350,000	947
24 Feb 202624 February 2026	739 sqft	775,000	1,048
19 Dec 202519 December 2025	739 sqft	770,000	1,042

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 6th floor

All 176 units in Glitz Residence 3 Tower 1


601	3-bed	1,354 sqft	AED 1.35MAED 1,350,000 · Apr 2016April 2016	105,000 /yr
602	Studio	443 sqft	AED 410KAED 410,000 · Oct 2024October 2024	40,000 /yr
603	1-bed	743 sqft	AED 820KAED 820,000 · Oct 2015October 2015	60,500 /yr
604	2-bed	1,293 sqft	AED 1.03MAED 1,025,000 · Oct 2023October 2023	60,000 /yr
605	2-bed	1,152 sqft	AED 1.11MAED 1,105,000 · Nov 2016November 2016	100,000 /yr
606	1-bed	739 sqft	AED 250KAED 250,000 · Nov 2021November 2021	58,000 /yr
607	1-bed	739 sqft	AED 820KAED 820,000 · Oct 2015October 2015	60,000 /yr
608	1-bed	672 sqft	AED 786KAED 786,000 · Oct 2015October 2015	50,000 /yr
609	2-bed	1,242 sqft	AED 850KAED 850,000 · May 2023May 2023	73,000 /yr
610	1-bed	389 sqft	AED 845KAED 845,000 · Oct 2015October 2015	70,000 /yr
611	2-bed	1,162 sqft	AED 1.1MAED 1,095,000 · Oct 2015October 2015	69,300 /yr
612	2-bed	1,161 sqft	AED 1.12MAED 1,120,000 · Feb 2026February 2026	73,500 /yr
613	3-bed	1,350 sqft	AED 1.38MAED 1,375,000 · Oct 2015October 2015	90,000 /yr
614	1-bed	820 sqft	AED 450KAED 450,000 · Jun 2022June 2022	55,650 /yr
615	1-bed	666 sqft	AED 786KAED 786,000 · Oct 2015October 2015	52,500 /yr
617	1-bed	739 sqft	AED 820KAED 820,000 · Oct 2015October 2015	56,700 /yr
618	1-bed	672 sqft	AED 786KAED 786,000 · Sep 2015September 2015	55,000 /yr
619	Studio	433 sqft	AED 430KAED 430,000 · Nov 2024November 2024	40,000 /yr
620	2-bed	1,150 sqft	AED 1.14MAED 1,140,000 · Jun 2025June 2025	86,000 /yr
621	2-bed	1,134 sqft	AED 1.16MAED 1,160,000 · Apr 2025April 2025	87,000 /yr
622	2-bed	1,166 sqft	AED 1.04MAED 1,040,000 · Jul 2024July 2024	66,150 /yr

1–7 of 21

616, Glitz Residence 3 Tower 1 in numbers

Sold once: by Danube Properties Development on 29 October 2015 for AED 820,000, or AED 1,109 per sqft.
Rented since January 2021 on 6 Ejari contracts, from AED 31,000 to AED 50,094 a year.
At AED 50,094 a year the gross yield on the 2015 price is 6.1%, before a service charge of about AED 11,600 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 28 January 2025.

Questions about 616, Glitz Residence 3 Tower 1

What did unit 616 last sell for?

AED 820,000 on 29 October 2015, sold by the developer: AED 1,109 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 616?

AED 50,094 a year on the contract renewed on 28 January 2025. The previous contract, from January 2025, was AED 50,094; the unit has been rented since January 2021.

How big is unit 616?

739 sqft (68.7 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2017.

What is unit 616 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 616, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 820K, 29 October 2015). Switch to today's estimate once you have unlocked it.

Price: AED 820,000
Deposit, UAE resident (20%): AED 164,000
Deposit, non-resident (40%): AED 328,000
Monthly over 25 years at 3.7%: AED 3,355

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