2-bed · 1,293 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 8th floor · completed 2017

804, Glitz Residence 3 Tower 1

Sold prices and rental history: sold twice, last in November 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 13 November 2023
Last soldAED 800K13 November 2023
Current rentAED 80K /yr16 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Glitz Residence 3 Tower 1

What is 804 worth today?

Last sold for AED 800,000 in 2023

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13 Nov 2023SoldReady
AED 800,000AED 618 per sqft
16 Jan 2023RentedNew contract
AED 80,000/yr13 months · AED 62 per sqft
12 Oct 2019RentedRenewal
AED 75,000/yr12 months · AED 58 per sqft
12 Oct 2018RentedNew contract
AED 81,000/yr12 months · AED 63 per sqft
20 Nov 2016Sold by developerOff-plan
AED 1,265,000AED 978 per sqft

Source: Dubai Land Department. Updated 13 November 2023.

Key facts

Type
2-bed apartment
Size
1,293 sqft
Floor
8th of 8
Parking
B-372, B-373
Developer
Danube Properties Development
Completed
2017
Service charge
AED 20,200 /yr
Last sold
AED 800K · November 2023

About 804, Glitz Residence 3 Tower 1

804 is a two-bedroom apartment of 1,293 sqft on the 8th 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 13 November 2023 for AED 800,000, or AED 618 per sqft, 15% below the AED 726 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 16 January 2023, is AED 80,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 20,200 a year.

Sales and rents for 804 over time

Sales
Unit 804, each saleTypical two-bed in Glitz Residence 3 Tower 1
750K1M1.25M20152018202120242027Typical sale price by year: 2015 AED 1,095,000; 2016 AED 1,115,000; 2017 AED 1,112,500; 2018 AED 1,105,000; 2019 AED 1,019,100; 2023 AED 850,000; 2024 AED 1,000,000; 2025 AED 1,120,000; 2026 AED 1,120,000Sold by developer, November 2016: AED 1,265,000 (AED 978 per sqft)Sold, November 2023: AED 800,000 (AED 618 per sqft)

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

Rents
Unit 804, each contractTypical two-bed in Glitz Residence 3 Tower 1
60K80K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 72,000; 2020 AED 58,000; 2021 AED 54,000; 2022 AED 60,000; 2023 AED 68,250; 2024 AED 71,652; 2025 AED 80,262; 2026 AED 84,000New contract, October 2018: AED 81,000 a yearRenewal, October 2019: AED 75,000 a yearNew contract, January 2023: AED 80,000 a year

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 804 sits

All 64 2-beds →

804 last sold in November 2023 at AED 618 per sqft, 15% below what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 726). 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. 804's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 May 20261,200,000
6 Apr 20261,190,000
6 Apr 20261,170,000
10 Mar 20261,100,000
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 8th floor

All 176 units in Glitz Residence 3 Tower 1
Value
8013-bedAED 1.28M · Feb 2026
802StudioAED 387K · Sep 2023
8031-bedAED 440K · Jul 2022
8052-bedAED 1.12M · Feb 2017
8061-bedAED 820K · Sep 2016
8071-bedAED 820K · Oct 2016
8081-bedAED 786K · Aug 2016
1–7 of 21

804, Glitz Residence 3 Tower 1 in numbers

  • Sold twice: first on 20 November 2016 for AED 1,265,000, last on 13 November 2023 for AED 800,000 (AED 618 per sqft).
  • Rented since October 2018 on 3 Ejari contracts, from AED 81,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 20,200 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 13 November 2023.

Questions about 804, Glitz Residence 3 Tower 1

What did unit 804 last sell for?

AED 800,000 on 13 November 2023: AED 618 per sqft for 1,293 sqft. The unit has 2 registered sales; the first was AED 1,265,000 in November 2016.

What is the rent for unit 804?

AED 80,000 a year on the contract signed on 16 January 2023. The previous contract, from October 2019, was AED 75,000; the unit has been rented since October 2018.

How big is unit 804?

1,293 sqft (120.1 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2017.

What is unit 804 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 804, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 800K, 13 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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