Studio · 433 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 1st floor · completed 2017

119, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 119 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 510K1 September 2015
Current rentAED 45K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 119, Glitz Residence 3 Tower 2

What is 119 worth today?

Last sold for AED 510,000 in 2015

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1 May 2026RentedNew contract
AED 45,000/yr12 months · AED 104 per sqft
15 Aug 2025RentedNew contract
AED 45,000/yr12 months · AED 104 per sqft
1 Jun 2019RentedNew contract
AED 36,000/yr12 months · AED 84 per sqft
17 Sep 2018RentedNew contract
AED 38,000/yr12 months · AED 88 per sqft
1 Sep 2015Sold by developerOff-plan
AED 510,000AED 1,176 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
1st of 8
Parking
G-59
Developer
Danube Properties Development
Completed
2017
Service charge
AED 6,800 /yr
Last sold
AED 510K · September 2015

About 119, Glitz Residence 3 Tower 2

119 is a studio of 433 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 1 September 2015 for AED 510,000, or AED 1,176 per sqft, in line with the AED 1,176 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 May 2026, is AED 45,000 a year: a gross yield of 8.8% on the 2015 price, before the service charge of about AED 6,800 a year.

Sales and rents for 119 over time

Sales
Unit 119, each saleTypical studio in Glitz Residence 3 Tower 2
400K500K2015201820212024Typical sale price by year: 2015 AED 510,000; 2023 AED 350,000; 2025 AED 525,000Sold by developer, September 2015: AED 510,000 (AED 1,176 per sqft)

119 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 119, each contractTypical studio in Glitz Residence 3 Tower 2
30K40K2018202120242027Typical rent by year: 2018 AED 38,000; 2019 AED 32,500; 2020 AED 28,463; 2021 AED 26,500; 2022 AED 28,375; 2023 AED 30,800; 2024 AED 40,000; 2025 AED 42,500; 2026 AED 45,000New contract, September 2018: AED 38,000 a yearNew contract, June 2019: AED 36,000 a yearNew contract, August 2025: AED 45,000 a yearNew contract, May 2026: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Glitz Residence 3 Tower 2, and where 119 sits

All 16 studios →

119 last sold in September 2015 at AED 1,176 per sqft, in line with what studios in Glitz Residence 3 Tower 2 were fetching at the time (AED 1,176). Over the last 12 months studios sold for AED 525,000 to 560,000, around AED 1,239 per sqft, and rent for AED 40,425 to 48,000 a year. 119's AED 45,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Dec 2025560,000
18 Nov 2025525,000
2 Oct 2025597,375
28 Aug 2025590,000
2 studio 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
Value
1013-bedAED 1.35M · Oct 2015
102StudioAED 520K · Oct 2015
1031-bedAED 650K · Jul 2024
1042-bedAED 1.25M · Jan 2017
1052-bedAED 720K · Nov 2019
1061-bedAED 813K · Nov 2018
1071-bedAED 550K · Apr 2019
1–7 of 21

119, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 1 September 2015 for AED 510,000, or AED 1,176 per sqft.
  • Rented since September 2018 on 4 Ejari contracts, from AED 38,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2015 price is 8.8%, before a service charge of about AED 6,800 a year (AED 15.66 per sqft).
  • Studios in Glitz Residence 3 Tower 2 sold for AED 525,000–560,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 1 May 2026.

Questions about 119, Glitz Residence 3 Tower 2

What did unit 119 last sell for?

AED 510,000 on 1 September 2015, sold by the developer: AED 1,176 per sqft for 433 sqft. It is the only registered sale of the unit.

What is the rent for unit 119?

AED 45,000 a year on the contract signed on 1 May 2026. The previous contract, from August 2025, was AED 45,000; the unit has been rented since September 2018.

How big is unit 119?

433 sqft (40.2 sqm): a studio on the 1st floor of a 8-storey tower completed in 2017.

What is unit 119 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glitz Residence 3 Tower 2 sold for AED 525,000 to 560,000 in the last 12 months, around AED 1,239 per sqft.

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Mortgage on 119, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 510K, 1 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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