1-bed · 672 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 5th floor · completed 2017

508, Glitz Residence 3 Tower 2

Sold prices and rental history: sold twice, last in March 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 12 March 2025
Last soldAED 700K12 March 2025
Current rentAED 47K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Glitz Residence 3 Tower 2

What is 508 worth today?

Last sold for AED 700,000 in 2025

Unlock today's estimate, updated daily, with

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

12 Mar 2025SoldReady
AED 700,000AED 1,041 per sqft
1 Apr 2023RentedNew contract
AED 47,000/yr12 months · AED 70 per sqft
26 Oct 2021RentedNew contract
AED 35,000/yr12 months · AED 52 per sqft
26 Oct 2020RentedNew contract
AED 32,000/yr12 months · AED 48 per sqft
27 Oct 2015Sold by developerOff-plan
AED 786,000AED 1,169 per sqft

Source: Dubai Land Department. Updated 12 March 2025.

Key facts

Type
1-bed apartment
Size
672 sqft
Floor
5th of 8
Parking
B-262
Developer
Danube Properties Development
Completed
2017
Service charge
AED 10,500 /yr
Last sold
AED 700K · March 2025

About 508, Glitz Residence 3 Tower 2

508 is a one-bedroom apartment of 672 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. It last sold on 12 March 2025 for AED 700,000, or AED 1,041 per sqft, 20% above the AED 869 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 April 2023, is AED 47,000 a year: a gross yield of 6.7% on the 2025 price, before the service charge of about AED 10,500 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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, October 2015: AED 786,000 (AED 1,169 per sqft)Sold, March 2025: AED 700,000 (AED 1,041 per sqft)

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

Rents
Unit 508, 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 60,000New contract, October 2020: AED 32,000 a yearNew contract, October 2021: AED 35,000 a yearNew contract, April 2023: AED 47,000 a year

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 508 sits

All 80 1-beds →

508 last sold in March 2025 at AED 1,041 per sqft, 20% above what one-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 869). 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. 508's AED 47,000 is at the bottom of that range.

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
5031-bedAED 830K · Nov 2018
5042-bedAED 1.15M · Sep 2017
5052-bedAED 1.11M · Oct 2015
5061-bedAED 570K · Mar 2019
5071-bedAED 600K · Jan 2019
1–7 of 21

508, Glitz Residence 3 Tower 2 in numbers

  • Sold twice: first on 27 October 2015 for AED 786,000, last on 12 March 2025 for AED 700,000 (AED 1,041 per sqft).
  • Rented since October 2020 on 3 Ejari contracts, from AED 32,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2025 price is 6.7%, 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 12 March 2025.

Questions about 508, Glitz Residence 3 Tower 2

What did unit 508 last sell for?

AED 700,000 on 12 March 2025: AED 1,041 per sqft for 672 sqft. The unit has 2 registered sales; the first was AED 786,000 in October 2015.

What is the rent for unit 508?

AED 47,000 a year on the contract signed on 1 April 2023. The previous contract, from October 2021, was AED 35,000; the unit has been rented since October 2020.

How big is unit 508?

672 sqft (62.4 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 508 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 508? 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 508, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 700K, 12 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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