1-bed · 739 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 1st floor · completed 2017

116, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in December 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 116

Unit 116 · DLD and Ejari recordsUpdated 28 February 2026

Last soldAED 530K24 December 2018

Current rentAED 68K /yr28 February 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 116

Property timeline for 116, Glitz Residence 3 Tower 2

Today

What is 116 worth today?

Last sold for AED 530,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Feb 2026

28 Feb 2026RentedRenewal

AED 68,000/yr12 months · AED 92 per sqft

28 Feb 2025

28 Feb 2025RentedNew contract

AED 65,000/yr12 months · AED 88 per sqft

28 Feb 2025

28 Feb 2025RentedNew contract

AED 65,000/yr12 months · AED 88 per sqft

1 Aug 2024

1 Aug 2024RentedRenewal

AED 55,000/yr12 months · AED 74 per sqft

1 Aug 2024

1 Aug 2024RentedRenewal

AED 55,000/yr12 months · AED 74 per sqft

1 Aug 2023

1 Aug 2023RentedRenewal

AED 48,000/yr12 months · AED 65 per sqft

1 Aug 2022

1 Aug 2022RentedRenewal

AED 42,000/yr12 months · AED 57 per sqft

1 Aug 2021

1 Aug 2021RentedNew contract

AED 38,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 28 February 2026.

Key facts

Type: 1-bed apartment
Size: 739 sqft
Floor: 1st of 8
Parking: G-74
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 11,600 /yr
Last sold: AED 530K · December 2018
Building: Glitz Residence 3 Tower 2

About 116, Glitz Residence 3 Tower 2

116 is a one-bedroom apartment of 739 sqft on the 1st floor of Glitz Residence 3 Tower 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 24 December 2018 for AED 530,000, or AED 717 per sqft, 35% below the AED 1,102 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 28 February 2026, is AED 68,000 a year: a gross yield of 12.8% on the 2018 price, before the service charge of about AED 11,600 a year.

Sales and rents for 116 over time

Sales

Unit 116, each saleTypical one-bed in Glitz Residence 3 Tower 2

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

Rents

Unit 116, each contractTypical one-bed in Glitz Residence 3 Tower 2

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 2, and where 116 sits

All 80 1-beds →

1-beds in Glitz Residence 3 Tower 2 · last 12 months1,039 /sqft Glitz Residence 3 Tower 2 · all types973 /sqft

116 last sold in December 2018 at AED 717 per sqft, 35% below what one-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 1,102). Over the last 12 months one-beds sold for AED 700,000 to 720,000, around AED 1,039 per sqft, and rent for AED 50,000 to 78,000 a year. 116's AED 68,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
9 Jul 20269 July 2026	739 sqft	720,000	974
27 Jun 202627 June 2026	673 sqft	705,000	1,047
13 Feb 202613 February 2026	673 sqft	700,000	1,039
27 Aug 202527 August 2025	743 sqft	750,000	1,009

3 1-bed sales in the last 12 months

Glitz Residence 3 Tower 2

Building

176 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 10 sold in the last 12 months.

Typical price per sqft: AED 973 Down 2.4%
Typical sale: AED 905K
Typical rent: AED 62K /yr
Typical yield: 8.2%

Glitz Residence 3 Tower 2, Dubai Studio City: prices, sales and rents →

Other units on the 1st floor

All 176 units in Glitz Residence 3 Tower 2


101	3-bed	677 sqft	AED 1.35MAED 1,350,000 · Oct 2015October 2015
102	Studio	443 sqft	AED 520KAED 520,000 · Oct 2015October 2015	42,000 /yr
103	1-bed	743 sqft	AED 650KAED 650,000 · Jul 2024July 2024	56,000 /yr
104	2-bed	1,293 sqft	AED 1.25MAED 1,250,000 · Jan 2017January 2017	80,000 /yr
105	2-bed	1,152 sqft	AED 720KAED 720,000 · Nov 2019November 2019
106	1-bed	739 sqft	AED 813KAED 813,400 · Nov 2018November 2018	59,000 /yr
107	1-bed	739 sqft	AED 550KAED 550,000 · Apr 2019April 2019	58,000 /yr
108	1-bed	672 sqft	AED 570KAED 570,000 · May 2024May 2024	58,000 /yr
109	2-bed	1,242 sqft	AED 1.21MAED 1,210,000 · Oct 2016October 2016	99,000 /yr
110	1-bed	779 sqft	AED 845KAED 845,000 · Oct 2015October 2015	60,900 /yr
111	2-bed	1,162 sqft	AED 1.05MAED 1,047,088 · Dec 2019December 2019	110,000 /yr
112	2-bed	1,161 sqft	AED 1.13MAED 1,130,000 · Oct 2026October 2026	56,000 /yr
113	3-bed	1,350 sqft	AED 1.38MAED 1,375,000 · Oct 2015October 2015
114	1-bed	820 sqft	AED 708KAED 708,000 · Apr 2024April 2024	73,000 /yr
115	1-bed	666 sqft	AED 796KAED 796,000 · Oct 2015October 2015	64,820 /yr
117	1-bed	739 sqft	AED 700KAED 700,000 · Jun 2025June 2025	60,000 /yr
118	1-bed	672 sqft	AED 820KAED 820,000 · Dec 2018December 2018	50,820 /yr
119	Studio	433 sqft	AED 510KAED 510,000 · Sep 2015September 2015	45,000 /yr
120	2-bed	1,150 sqft	AED 745KAED 745,000 · Aug 2022August 2022	58,500 /yr
121	2-bed	1,134 sqft	AED 1.09MAED 1,085,000 · Jan 2017January 2017
122	2-bed	1,166 sqft	AED 1.16MAED 1,160,000 · Feb 2017February 2017	88,000 /yr

1–7 of 21

116, Glitz Residence 3 Tower 2 in numbers

Sold once: by Danube Properties Development on 24 December 2018 for AED 530,000, or AED 717 per sqft.
Rented since July 2019 on 9 Ejari contracts. The rent fell from AED 48,000 to AED 38,000 in 2021 and recovered to AED 68,000 by February 2026.
At AED 68,000 a year the gross yield on the 2018 price is 12.8%, before a service charge of about AED 11,600 a year (AED 15.66 per sqft).
One-beds in Glitz Residence 3 Tower 2 sold for AED 700,000–720,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 28 February 2026.

Questions about 116, Glitz Residence 3 Tower 2

What did unit 116 last sell for?

AED 530,000 on 24 December 2018, sold by the developer: AED 717 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 68,000 a year on the contract renewed on 28 February 2026. The previous contract, from February 2025, was AED 65,000; the unit has been rented since July 2019.

How big is unit 116?

739 sqft (68.7 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 116 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 2 sold for AED 700,000 to 720,000 in the last 12 months, around AED 1,039 per sqft.

Selling 116? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 116, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 530K, 24 December 2018). Switch to today's estimate once you have unlocked it.

Price: AED 530,000
Deposit, UAE resident (20%): AED 106,000
Deposit, non-resident (40%): AED 212,000
Monthly over 25 years at 3.7%: AED 2,168

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