
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.
Property timeline for 816, Glitz Residence 3 Tower 1
What is 816 worth today?
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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
- Building
- Glitz Residence 3 Tower 1
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
816 has sold once; the dashed line is the one-bed median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Glitz Residence 3 Tower 1
Building176 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%
Other units on the 8th floor
All 176 units in Glitz Residence 3 Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 3-bed | 1,354 sqft | AED 1.28MAED 1,275,000 · Feb 2026February 2026 | 90,957 /yr | |
| 802 | Studio | 443 sqft | AED 387KAED 387,000 · Sep 2023September 2023 | 42,500 /yr | |
| 803 | 1-bed | 743 sqft | AED 440KAED 440,000 · Jul 2022July 2022 | 63,500 /yr | |
| 804 | 2-bed | 1,293 sqft | AED 800KAED 800,000 · Nov 2023November 2023 | 80,000 /yr | |
| 805 | 2-bed | 1,152 sqft | AED 1.12MAED 1,120,000 · Feb 2017February 2017 | 80,000 /yr | |
| 806 | 1-bed | 739 sqft | AED 820KAED 820,000 · Sep 2016September 2016 | 64,000 /yr | |
| 807 | 1-bed | 739 sqft | AED 820KAED 820,000 · Oct 2016October 2016 | 60,000 /yr | |
| 808 | 1-bed | 672 sqft | AED 786KAED 786,000 · Aug 2016August 2016 | 56,000 /yr | |
| 809 | 2-bed | 1,246 sqft | AED 1.21MAED 1,210,000 · Oct 2015October 2015 | 85,000 /yr | |
| 810 | 1-bed | 779 sqft | AED 570KAED 570,000 · Oct 2023October 2023 | 52,800 /yr | |
| 811 | 2-bed | 1,162 sqft | AED 1.1MAED 1,095,000 · May 2016May 2016 | 85,000 /yr | |
| 812 | 2-bed | 1,161 sqft | AED 1.1MAED 1,100,000 · Jan 2025January 2025 | ||
| 813 | 3-bed | 1,350 sqft | AED 1.42MAED 1,420,000 · Mar 2025March 2025 | 119,000 /yr | |
| 814 | 1-bed | 820 sqft | AED 755KAED 755,000 · Aug 2025August 2025 | 67,200 /yr | |
| 815 | 1-bed | 666 sqft | AED 786KAED 786,000 · Nov 2016November 2016 | 56,000 /yr | |
| 817 | 1-bed | 739 sqft | AED 710KAED 710,000 · Jul 2025July 2025 | 60,000 /yr | |
| 818 | 1-bed | 672 sqft | AED 450KAED 450,000 · Jul 2022July 2022 | 63,000 /yr | |
| 819 | Studio | 433 sqft | AED 475KAED 475,000 · Mar 2017March 2017 | 44,000 /yr | |
| 820 | 2-bed | 1,150 sqft | AED 1.1MAED 1,100,000 · Jan 2026January 2026 | 79,763 /yr | |
| 821 | 2-bed | 1,134 sqft | AED 1.09MAED 1,085,000 · Oct 2015October 2015 | 90,000 /yr | |
| 822 | 2-bed | 1,166 sqft | AED 1.16MAED 1,160,000 · Aug 2016August 2016 | 78,000 /yr |
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 →