1-bed · 739 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 8th floor · completed 2017

816, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 816 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 830K29 October 2015
Current rentAED 75K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 816, Glitz Residence 3 Tower 1

What is 816 worth today?

Last sold for AED 830,000 in 2015

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1 Mar 2026RentedRenewal
AED 75,000/yr12 months · AED 102 per sqft
1 Mar 2025RentedRenewal
AED 51,818/yr12 months · AED 70 per sqft
1 Mar 2025RentedRenewal
AED 51,818/yr12 months · AED 70 per sqft
1 Mar 2024RentedRenewal
AED 49,350/yr12 months · AED 67 per sqft
1 Mar 2023RentedNew contract
AED 47,000/yr12 months · AED 64 per sqft
2 Feb 2022RentedNew contract
AED 40,000/yr12 months · AED 54 per sqft
2 Feb 2020RentedNew contract
AED 46,000/yr12 months · AED 62 per sqft
2 Feb 2019RentedNew contract
AED 55,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
8th of 8
Parking
B-16
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 830K · October 2015

About 816, Glitz Residence 3 Tower 1

816 is a one-bedroom apartment of 739 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 29 October 2015 for AED 830,000, or AED 1,123 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 2019 on 8 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 75,000 a year: a gross yield of 9.0% on the 2015 price, before the service charge of about AED 11,600 a year.

Sales and rents for 816 over time

Sales
Unit 816, 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, October 2015: AED 830,000 (AED 1,123 per sqft)

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

Rents
Unit 816, each contractTypical one-bed in Glitz Residence 3 Tower 1
40K60K80K2018202120242027Typical 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, February 2019: AED 55,000 a yearNew contract, February 2020: AED 46,000 a yearNew contract, February 2022: AED 40,000 a yearNew contract, March 2023: AED 47,000 a yearRenewal, March 2024: AED 49,350 a yearRenewal, March 2025: AED 51,818 a yearRenewal, March 2025: AED 51,818 a yearRenewal, March 2026: AED 75,000 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 816 sits

All 80 1-beds →

816 last sold in October 2015 at AED 1,123 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. 816's AED 75,000 is at the top 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

816, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 29 October 2015 for AED 830,000, or AED 1,123 per sqft.
  • Rented since February 2019 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 40,000 in 2022 and recovered to AED 75,000 by March 2026.
  • At AED 75,000 a year the gross yield on the 2015 price is 9.0%, 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 1 March 2026.

Questions about 816, Glitz Residence 3 Tower 1

What did unit 816 last sell for?

AED 830,000 on 29 October 2015, sold by the developer: AED 1,123 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 816?

AED 75,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 51,818; the unit has been rented since February 2019.

How big is unit 816?

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

What is unit 816 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 816, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 830K, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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