1-bed · 739 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 1st floor · completed 2017

107, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 815K10 October 2016
Current rentAED 54K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Glitz Residence 3 Tower 1

What is 107 worth today?

Last sold for AED 815,000 in 2016

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15 May 2024RentedRenewal
AED 54,000/yr12 months · AED 73 per sqft
15 May 2023RentedNew contract
AED 48,000/yr12 months · AED 65 per sqft
7 Mar 2022RentedRenewal
AED 36,000/yr12 months · AED 48 per sqft
7 Mar 2021RentedNew contract
AED 36,000/yr12 months · AED 48 per sqft
21 Sep 2018RentedNew contract
AED 55,000/yr12 months · AED 74 per sqft
10 Oct 2016Sold by developerOff-plan
AED 815,000AED 1,103 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2024.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
1st of 8
Parking
G-24
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 815K · October 2016

About 107, Glitz Residence 3 Tower 1

107 is a one-bedroom apartment of 739 sqft on the 1st floor of Glitz Residence 3 Tower 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 10 October 2016 for AED 815,000, or AED 1,103 per sqft, in line with the AED 1,109 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 15 May 2024, is AED 54,000 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 11,600 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical one-bed in Glitz Residence 3 Tower 1
400K600K800K2015201820212024Typical sale price by year: 2015 AED 820,000; 2016 AED 820,000; 2017 AED 811,800; 2019 AED 580,000; 2022 AED 450,000; 2023 AED 570,000; 2024 AED 640,000; 2025 AED 722,500Sold by developer, October 2016: AED 815,000 (AED 1,103 per sqft)

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

Rents
Unit 107, each contractTypical one-bed in Glitz Residence 3 Tower 1
40K60K20182020202220242026Typical rent by year: 2018 AED 54,000; 2019 AED 50,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 40,000; 2023 AED 46,200; 2024 AED 55,000; 2025 AED 60,000New contract, September 2018: AED 55,000 a yearNew contract, March 2021: AED 36,000 a yearRenewal, March 2022: AED 36,000 a yearNew contract, May 2023: AED 48,000 a yearRenewal, May 2024: AED 54,000 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 1, and where 107 sits

All 75 1-beds →

107 last sold in October 2016 at AED 1,103 per sqft, in line with what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 1,109). Over the last 12 months one-beds sold for AED 770,000 to 780,000, around AED 1,101 per sqft, and rent for AED 52,800 to 63,000 a year. 107's AED 54,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Dec 2025770,000
14 Jul 2025743,000
4 Jul 2025710,000
18 Jun 2025735,000
2 1-bed sales in the last 12 months

Glitz Residence 3 Tower 1

Building

176 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 6 sold in the last 12 months.

Typical price per sqft
AED 960
Typical sale
AED 1.08M
Typical rent
AED 63K /yr
Typical yield
8.1%
Glitz Residence 3 Tower 1, Dubai Studio City: prices, sales and rents →

Other units on the 1st floor

All 176 units in Glitz Residence 3 Tower 1
Value
1013-bedAED 1.35M · Sep 2015
102StudioAED 480K · Jan 2019
1031-bedAED 450K · Feb 2022
1042-bedAED 1.25M · Mar 2018
1052-bedAED 750K · Aug 2019
1061-bedAED 815K · Oct 2016
1081-bedAED 640K · May 2024
1–7 of 21

107, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 10 October 2016 for AED 815,000, or AED 1,103 per sqft.
  • Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 36,000 in 2022 and recovered to AED 54,000 by May 2024.
  • At AED 54,000 a year the gross yield on the 2016 price is 6.6%, before a service charge of about AED 11,600 a year (AED 15.66 per sqft).
  • One-beds in Glitz Residence 3 Tower 1 sold for AED 770,000–780,000 in the 12 months to November 2026; the building's median across all types is AED 960 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2024.

Questions about 107, Glitz Residence 3 Tower 1

What did unit 107 last sell for?

AED 815,000 on 10 October 2016, sold by the developer: AED 1,103 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 54,000 a year on the contract renewed on 15 May 2024. The previous contract, from May 2023, was AED 48,000; the unit has been rented since September 2018.

How big is unit 107?

739 sqft (68.7 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 107 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 1 sold for AED 770,000 to 780,000 in the last 12 months, around AED 1,101 per sqft.

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Mortgage on 107, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 815K, 10 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 815,000
Deposit, UAE resident (20%)
AED 163,000
Deposit, non-resident (40%)
AED 326,000
Monthly over 25 years at 3.7%
AED 3,334

Plus AED 39,240 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →