2-bed · 1,200 sqftGlitz Residence 1, Dubai Studio City · 3rd floor · completed 2017

303, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 1.07M3 August 2015
Current rentAED 80K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Glitz Residence 1

What is 303 worth today?

Last sold for AED 1,068,146 in 2015

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1 Jun 2025RentedRenewal
AED 80,000/yr12 months · AED 67 per sqft
1 Jun 2024RentedRenewal
AED 76,650/yr12 months · AED 64 per sqft
1 Jun 2023RentedNew contract
AED 73,000/yr12 months · AED 61 per sqft
21 Jan 2023RentedRenewal
AED 59,341/yr3 months · AED 50 per sqft
15 Mar 2021RentedNew contract
AED 48,000/yr12 months · AED 40 per sqft
10 Jul 2020RentedNew contract
AED 48,000/yr12 months · AED 40 per sqft
3 Aug 2015Sold by developerOff-plan
AED 1,068,146AED 890 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
2-bed apartment
Size
1,200 sqft
Floor
3rd of 8
Parking
B-110, B-111
Developer
Danube Properties Development
Completed
2017
Service charge
AED 20,300 /yr
Last sold
AED 1.07M · August 2015

About 303, Glitz Residence 1

303 is a two-bedroom apartment of 1,200 sqft on the 3rd floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 3 August 2015 for AED 1,068,146, or AED 890 per sqft, in line with the AED 906 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 80,000 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 20,300 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical two-bed in Glitz Residence 1
900K1M1.1M2015201820212024Typical sale price by year: 2015 AED 1,083,081; 2023 AED 900,000; 2025 AED 1,050,000Sold by developer, August 2015: AED 1,068,146 (AED 890 per sqft)

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

Rents
Unit 303, each contractTypical two-bed in Glitz Residence 1
60K80K2017202020232026Typical rent by year: 2017 AED 80,000; 2018 AED 80,000; 2019 AED 75,000; 2020 AED 55,000; 2021 AED 53,000; 2022 AED 60,000; 2023 AED 68,250; 2024 AED 76,650; 2025 AED 83,000New contract, July 2020: AED 48,000 a yearNew contract, March 2021: AED 48,000 a yearRenewal, January 2023: AED 59,341 a yearNew contract, June 2023: AED 73,000 a yearRenewal, June 2024: AED 76,650 a yearRenewal, June 2025: AED 80,000 a year

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

2-beds in Glitz Residence 1, and where 303 sits

All 31 2-beds →

303 last sold in August 2015 at AED 890 per sqft, in line with what two-beds in Glitz Residence 1 were fetching at the time (AED 906). 303's AED 80,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 May 20251,100,000
21 Apr 20251,050,000
15 Apr 20251,050,000
28 Mar 20251,050,000
0 2-bed sales in the last 12 months

Glitz Residence 1

Building

146 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 2 sold in the last 12 months.

Typical price per sqft
AED 986
Typical sale
AED 600K
Typical rent
AED 60K /yr
Typical yield
8.4%
Glitz Residence 1, Dubai Studio City: prices, sales and rents →

Other units on the 3rd floor

All 146 units in Glitz Residence 1
Value
3011-bedAED 475K · Feb 2023
302StudioAED 380K · Jul 2023
3042-bedAED 1.09M · Jun 2015
305StudioAED 508K · Apr 2015
3061-bedAED 500K · Jul 2023
3071-bedAED 801K · Aug 2015
3081-bedAED 742K · Aug 2015
1–7 of 17

303, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 3 August 2015 for AED 1,068,146, or AED 890 per sqft.
  • Rented since July 2020 on 6 Ejari contracts, from AED 48,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2015 price is 7.5%, before a service charge of about AED 20,300 a year (AED 16.96 per sqft).

Source: Dubai Land Department. Updated 1 June 2025.

Questions about 303, Glitz Residence 1

What did unit 303 last sell for?

AED 1,068,146 on 3 August 2015, sold by the developer: AED 890 per sqft for 1,200 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 80,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 76,650; the unit has been rented since July 2020.

How big is unit 303?

1,200 sqft (111.5 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 303, Glitz Residence 1

Starts from the last sale price (AED 1.07M, 3 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,068,146
Deposit, UAE resident (20%)
AED 213,629
Deposit, non-resident (40%)
AED 427,258
Monthly over 25 years at 3.7%
AED 4,370

Plus AED 49,872 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →