1-bed · 743 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 5th floor · completed 2017

503, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in November 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 1 November 2018
Last soldAED 830K1 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Glitz Residence 3 Tower 2

What is 503 worth today?

Last sold for AED 830,000 in 2018

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1 Nov 2018Sold by developerReady
AED 830,000AED 1,116 per sqft

Source: Dubai Land Department. Updated 1 November 2018.

Key facts

Type
1-bed apartment
Size
743 sqft
Floor
5th of 8
Parking
B-259
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 830K · November 2018

About 503, Glitz Residence 3 Tower 2

503 is a one-bedroom apartment of 743 sqft on the 5th 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 November 2018 for AED 830,000, or AED 1,116 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Glitz Residence 3 Tower 2
600K800K20152018202120242027Typical sale price by year: 2015 AED 830,000; 2016 AED 820,000; 2018 AED 815,050; 2019 AED 585,000; 2021 AED 482,500; 2022 AED 522,500; 2024 AED 640,000; 2025 AED 700,000; 2026 AED 705,000Sold by developer, November 2018: AED 830,000 (AED 1,116 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Glitz Residence 3 Tower 2
40K60K2018202120242027Typical rent by year: 2018 AED 52,000; 2019 AED 50,000; 2020 AED 45,000; 2021 AED 36,000; 2022 AED 41,200; 2023 AED 47,125; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 60,000

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 503 sits

All 80 1-beds →

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.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jul 2026720,000
27 Jun 2026705,000
13 Feb 2026700,000
27 Aug 2025750,000
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 5th floor

All 176 units in Glitz Residence 3 Tower 2
Value
5013-bedAED 1M · Aug 2023
502StudioAED 520K · Oct 2015
5042-bedAED 1.15M · Sep 2017
5052-bedAED 1.11M · Oct 2015
5061-bedAED 570K · Mar 2019
5071-bedAED 600K · Jan 2019
5081-bedAED 700K · Mar 2025
1–7 of 21

503, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 1 November 2018 for AED 830,000, or AED 1,116 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 1 November 2018.

Questions about 503, Glitz Residence 3 Tower 2

What did unit 503 last sell for?

AED 830,000 on 1 November 2018, sold by the developer: AED 1,116 per sqft for 743 sqft. It is the only registered sale of the unit.

How big is unit 503?

743 sqft (69.0 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 503 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 503, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 830K, 1 November 2018). 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 →