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

518, Glitz Residence 3 Tower 2

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 518 · DLD and Ejari recordsUpdated 1 June 2025

Last soldAED 490K3 November 2022

Current rentAED 58K /yr1 June 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 518, Glitz Residence 3 Tower 2

Today

What is 518 worth today?

Last sold for AED 490,000 in 2022

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1 Jun 2025

1 Jun 2025RentedRenewal

AED 58,000/yr12 months · AED 87 per sqft

1 Jun 2025

1 Jun 2025RentedRenewal

AED 58,000/yr12 months · AED 87 per sqft

1 Jun 2024

1 Jun 2024RentedNew contract

AED 58,000/yr12 months · AED 87 per sqft

3 Nov 2022

3 Nov 2022SoldReady

AED 490,000AED 729 per sqft

6 Nov 2021

6 Nov 2021RentedNew contract

AED 36,000/yr12 months · AED 54 per sqft

15 Aug 2018

15 Aug 2018RentedNew contract

AED 50,000/yr24 months · AED 75 per sqft

27 Oct 2015

27 Oct 2015Sold by developerOff-plan

AED 796,000AED 1,184 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type: 1-bed apartment
Size: 672 sqft
Floor: 5th of 8
Parking: B-267
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 10,500 /yr
Last sold: AED 490K · November 2022
Building: Glitz Residence 3 Tower 2

About 518, Glitz Residence 3 Tower 2

518 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 3 November 2022 for AED 490,000, or AED 729 per sqft, in line with the AED 751 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 58,000 a year: a gross yield of 11.8% on the 2022 price, before the service charge of about AED 10,500 a year.

Sales and rents for 518 over time

Sales

Unit 518, each saleTypical one-bed in Glitz Residence 3 Tower 2

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

Rents

Unit 518, 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 518 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

518 last sold in November 2022 at AED 729 per sqft, in line with what one-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 751). 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. 518's AED 58,000 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 5th floor

All 176 units in Glitz Residence 3 Tower 2


501	3-bed	1,354 sqft	AED 1MAED 1,000,000 · Aug 2023August 2023
502	Studio	443 sqft	AED 520KAED 520,000 · Oct 2015October 2015	44,100 /yr
503	1-bed	743 sqft	AED 830KAED 830,000 · Nov 2018November 2018
504	2-bed	1,293 sqft	AED 1.15MAED 1,150,000 · Sep 2017September 2017
505	2-bed	1,152 sqft	AED 1.11MAED 1,105,000 · Oct 2015October 2015	88,000 /yr
506	1-bed	739 sqft	AED 570KAED 570,000 · Mar 2019March 2019	62,000 /yr
507	1-bed	739 sqft	AED 600KAED 600,000 · Jan 2019January 2019	55,000 /yr
508	1-bed	672 sqft	AED 700KAED 700,000 · Mar 2025March 2025	47,000 /yr
509	2-bed	1,242 sqft	AED 1.12MAED 1,118,747 · Dec 2019December 2019	75,000 /yr
510	1-bed	779 sqft	AED 850KAED 850,000 · Jan 2019January 2019	61,000 /yr
511	2-bed	1,162 sqft	AED 1.13MAED 1,130,000 · Sep 2025September 2025	75,273 /yr
512	2-bed	1,161 sqft	AED 1.03MAED 1,025,000 · Sep 2017September 2017
513	3-bed	1,350 sqft	AED 1.38MAED 1,375,000 · Oct 2015October 2015	110,000 /yr
514	1-bed	820 sqft	AED 940KAED 940,000 · Oct 2015October 2015	60,000 /yr
515	1-bed	673 sqft	AED 700KAED 700,000 · Feb 2026February 2026	60,000 /yr
516	1-bed	739 sqft	AED 830KAED 830,000 · Jan 2019January 2019	72,000 /yr
517	1-bed	739 sqft	AED 830KAED 830,000 · Oct 2015October 2015	58,000 /yr
519	Studio	433 sqft	AED 510KAED 510,000 · Jul 2015July 2015	43,000 /yr
520	2-bed	1,150 sqft	AED 1.11MAED 1,105,000 · Aug 2015August 2015	90,000 /yr
521	2-bed	1,134 sqft	AED 1.09MAED 1,085,000 · Oct 2015October 2015	85,000 /yr
522	2-bed	1,166 sqft	AED 1.16MAED 1,160,000 · Sep 2015September 2015

1–7 of 21

518, Glitz Residence 3 Tower 2 in numbers

Sold twice: first on 27 October 2015 for AED 796,000, last on 3 November 2022 for AED 490,000 (AED 729 per sqft).
Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 36,000 in 2021 and recovered to AED 58,000 by June 2025.
At AED 58,000 a year the gross yield on the 2022 price is 11.8%, 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 1 June 2025.

Questions about 518, Glitz Residence 3 Tower 2

What did unit 518 last sell for?

AED 490,000 on 3 November 2022: AED 729 per sqft for 672 sqft. The unit has 2 registered sales; the first was AED 796,000 in October 2015.

What is the rent for unit 518?

AED 58,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2025, was AED 58,000; the unit has been rented since August 2018.

How big is unit 518?

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

What is unit 518 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 518, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 490K, 3 November 2022). Switch to today's estimate once you have unlocked it.

Price: AED 490,000
Deposit, UAE resident (20%): AED 98,000
Deposit, non-resident (40%): AED 196,000
Monthly over 25 years at 3.7%: AED 2,005

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