1-bed · 673 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 5th floor · completed 2017

515, Glitz Residence 3 Tower 2

Sold prices and rental history: sold twice, last in February 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 5 February 2027
Last soldAED 700K13 February 2026
Current rentAED 60K /yr5 February 2027
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Glitz Residence 3 Tower 2

What is 515 worth today?

Last sold for AED 700,000 in 2026

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5 Feb 2027RentedRenewal
AED 60,000/yr12 months · AED 89 per sqft
13 Feb 2026SoldReady
AED 700,000AED 1,039 per sqft
5 Feb 2026RentedRenewal
AED 60,000/yr12 months · AED 89 per sqft
5 Feb 2025RentedNew contract
AED 60,000/yr12 months · AED 89 per sqft
5 Feb 2025RentedNew contract
AED 60,000/yr12 months · AED 89 per sqft
28 Dec 2023RentedNew contract
AED 58,000/yr12 months · AED 86 per sqft
1 Jan 2023RentedRenewal
AED 47,250/yr12 months · AED 70 per sqft
1 Sep 2022RentedNew contract
AED 45,000/yr4 months · AED 67 per sqft

Source: Dubai Land Department. Updated 5 February 2027.

Key facts

Type
1-bed apartment
Size
673 sqft
Floor
5th of 8
Parking
B-264
Developer
Danube Properties Development
Completed
2017
Service charge
AED 10,500 /yr
Last sold
AED 700K · February 2026

About 515, Glitz Residence 3 Tower 2

515 is a one-bedroom apartment of 673 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 13 February 2026 for AED 700,000, or AED 1,039 per sqft, in line with the AED 1,012 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 12 Ejari contracts. The current contract, renewed on 5 February 2027, is AED 60,000 a year: a gross yield of 8.6% on the 2026 price, before the service charge of about AED 10,500 a year.

Sales and rents for 515 over time

Sales
Unit 515, 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 796,000 (AED 1,195 per sqft)Sold, February 2026: AED 700,000 (AED 1,039 per sqft)

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

Rents
Unit 515, 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 2018: AED 50,000 a yearNew contract, October 2019: AED 50,000 a yearRenewal, October 2020: AED 40,000 a yearRenewal, October 2021: AED 40,000 a yearRenewal, April 2022: AED 44,400 a yearNew contract, September 2022: AED 45,000 a yearRenewal, January 2023: AED 47,250 a yearNew contract, December 2023: AED 58,000 a yearNew contract, February 2025: AED 60,000 a yearNew contract, February 2025: AED 60,000 a yearRenewal, February 2026: AED 60,000 a yearRenewal, February 2027: AED 60,000 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 515 sits

All 80 1-beds →

515 last sold in February 2026 at AED 1,039 per sqft, in line with what one-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 1,012). 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. 515's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jul 2026720,000
27 Jun 2026705,000
27 Aug 2025750,000
26 Aug 2025830,000
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

515, Glitz Residence 3 Tower 2 in numbers

  • Sold twice: first on 27 October 2015 for AED 796,000, last on 13 February 2026 for AED 700,000 (AED 1,039 per sqft).
  • Rented since October 2018 on 12 Ejari contracts. The rent fell from AED 50,000 to AED 40,000 in 2021 and recovered to AED 60,000 by February 2027.
  • At AED 60,000 a year the gross yield on the 2026 price is 8.6%, 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 5 February 2027.

Questions about 515, Glitz Residence 3 Tower 2

What did unit 515 last sell for?

AED 700,000 on 13 February 2026: AED 1,039 per sqft for 673 sqft. The unit has 2 registered sales; the first was AED 796,000 in October 2015.

What is the rent for unit 515?

AED 60,000 a year on the contract renewed on 5 February 2027. The previous contract, from February 2026, was AED 60,000; the unit has been rented since October 2018.

How big is unit 515?

673 sqft (62.5 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 515 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 515, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 700K, 13 February 2026). 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 →