1-bed · 672 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 8th floor · completed 2017

808, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in August 2016, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 20 October 2023
Last soldAED 786K9 August 2016
Current rentAED 56K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, Glitz Residence 3 Tower 1

What is 808 worth today?

Last sold for AED 786,000 in 2016

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20 Oct 2023RentedNew contract
AED 56,000/yr12 months · AED 84 per sqft
25 Aug 2020RentedNew contract
AED 47,000/yr12 months · AED 70 per sqft
20 Nov 2018RentedNew contract
AED 53,000/yr12 months · AED 79 per sqft
9 Aug 2016Sold by developerOff-plan
AED 786,000AED 1,169 per sqft

Source: Dubai Land Department. Updated 20 October 2023.

Key facts

Type
1-bed apartment
Size
672 sqft
Floor
8th of 8
Parking
B-02
Developer
Danube Properties Development
Completed
2017
Service charge
AED 10,500 /yr
Last sold
AED 786K · August 2016

About 808, Glitz Residence 3 Tower 1

808 is a one-bedroom apartment of 672 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. The developer sold it on 9 August 2016 for AED 786,000, or AED 1,169 per sqft, 5% above the AED 1,109 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 20 October 2023, is AED 56,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 10,500 a year.

Sales and rents for 808 over time

Sales
Unit 808, 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, August 2016: AED 786,000 (AED 1,169 per sqft)

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

Rents
Unit 808, 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, November 2018: AED 53,000 a yearNew contract, August 2020: AED 47,000 a yearNew contract, October 2023: AED 56,000 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 808 sits

All 80 1-beds →

808 last sold in August 2016 at AED 1,169 per sqft, 5% above 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. 808's AED 56,000 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 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
8042-bedAED 800K · Nov 2023
8052-bedAED 1.12M · Feb 2017
8061-bedAED 820K · Sep 2016
8071-bedAED 820K · Oct 2016
1–7 of 21

808, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 9 August 2016 for AED 786,000, or AED 1,169 per sqft.
  • Rented since November 2018 on 3 Ejari contracts. The rent fell from AED 53,000 to AED 47,000 in 2020 and recovered to AED 56,000 by October 2023.
  • At AED 56,000 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 10,500 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 20 October 2023.

Questions about 808, Glitz Residence 3 Tower 1

What did unit 808 last sell for?

AED 786,000 on 9 August 2016, sold by the developer: AED 1,169 per sqft for 672 sqft. It is the only registered sale of the unit.

What is the rent for unit 808?

AED 56,000 a year on the contract signed on 20 October 2023. The previous contract, from August 2020, was AED 47,000; the unit has been rented since November 2018.

How big is unit 808?

672 sqft (62.4 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2017.

What is unit 808 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 808, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 786K, 9 August 2016). 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 →