1-bed · 672 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 1st floor · completed 2017

118, 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.

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Unit 118 · DLD and Ejari recordsUpdated 3 October 2024

Last soldAED 820K6 December 2018

Current rentAED 51K /yr3 October 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 118, Glitz Residence 3 Tower 2

Today

What is 118 worth today?

Last sold for AED 820,000 in 2018

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3 Oct 2024

3 Oct 2024RentedRenewal

AED 50,820/yr12 months · AED 76 per sqft

3 Oct 2023

3 Oct 2023RentedRenewal

AED 46,200/yr12 months · AED 69 per sqft

3 Oct 2022

3 Oct 2022RentedNew contract

AED 44,000/yr12 months · AED 65 per sqft

25 Feb 2020

25 Feb 2020RentedNew contract

AED 55,000/yr6 months · AED 82 per sqft

25 Feb 2019

25 Feb 2019RentedNew contract

AED 55,000/yr12 months · AED 82 per sqft

6 Dec 2018

6 Dec 2018Sold by developerReady

AED 820,000AED 1,220 per sqft

Source: Dubai Land Department. Updated 3 October 2024.

Key facts

Type: 1-bed apartment
Size: 672 sqft
Floor: 1st of 8
Parking: G-76
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 10,500 /yr
Last sold: AED 820K · December 2018
Building: Glitz Residence 3 Tower 2

About 118, Glitz Residence 3 Tower 2

118 is a one-bedroom apartment of 672 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 6 December 2018 for AED 820,000, or AED 1,220 per sqft, 10% above the AED 1,105 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 3 October 2024, is AED 50,820 a year: a gross yield of 6.2% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 118 over time

Sales

Unit 118, each saleTypical one-bed in Glitz Residence 3 Tower 2

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

Rents

Unit 118, 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 118 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

118 last sold in December 2018 at AED 1,220 per sqft, 10% above what one-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 1,105). 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. 118's AED 50,820 is in the lower 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
116	1-bed	739 sqft	AED 530KAED 530,000 · Dec 2018December 2018	68,000 /yr
117	1-bed	739 sqft	AED 700KAED 700,000 · Jun 2025June 2025	60,000 /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

118, Glitz Residence 3 Tower 2 in numbers

Sold once: by Danube Properties Development on 6 December 2018 for AED 820,000, or AED 1,220 per sqft.
Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 44,000 in 2022 and recovered to AED 50,820 by October 2024.
At AED 50,820 a year the gross yield on the 2018 price is 6.2%, before a service charge of about AED 10,500 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 3 October 2024.

Questions about 118, Glitz Residence 3 Tower 2

What did unit 118 last sell for?

AED 820,000 on 6 December 2018, sold by the developer: AED 1,220 per sqft for 672 sqft. It is the only registered sale of the unit.

What is the rent for unit 118?

AED 50,820 a year on the contract renewed on 3 October 2024. The previous contract, from October 2023, was AED 46,200; the unit has been rented since February 2019.

How big is unit 118?

672 sqft (62.4 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 118 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.

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Mortgage on 118, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 820K, 6 December 2018). Switch to today's estimate once you have unlocked it.

Price: AED 820,000
Deposit, UAE resident (20%): AED 164,000
Deposit, non-resident (40%): AED 328,000
Monthly over 25 years at 3.7%: AED 3,355

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