118, Glitz Residence 3 Tower 1
Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 118, Glitz Residence 3 Tower 1
What is 118 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 672 sqft
- Floor
- 1st of 8
- Parking
- G-18
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 10,500 /yr
- Last sold
- AED 786K · September 2015
- Building
- Glitz Residence 3 Tower 1
About 118, Glitz Residence 3 Tower 1
118 is a one-bedroom apartment of 672 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 21 September 2015 for AED 786,000, or AED 1,169 per sqft, in line with the AED 1,169 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 28 August 2025, is AED 60,000 a year: a gross yield of 7.6% on the 2015 price, before the service charge of about AED 10,500 a year.
Sales and rents for 118 over time
118 has sold once; the dashed line is the one-bed median of each year in the building.
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 118 sits
All 75 1-beds →118 last sold in September 2015 at AED 1,169 per sqft, in line with what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 1,169). 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. 118's AED 60,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Dec 202519 December 2025 | 739 sqft | 770,000 | 1,042 | ||
| 14 Jul 202514 July 2025 | 672 sqft | 743,000 | 1,105 | ||
| 4 Jul 20254 July 2025 | 739 sqft | 710,000 | 960 | ||
| 18 Jun 202518 June 2025 | 672 sqft | 735,000 | 1,093 |
Glitz Residence 3 Tower 1
Building176 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%
Other units on the 1st floor
All 176 units in Glitz Residence 3 Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 3-bed | 1,354 sqft | AED 1.35MAED 1,350,000 · Sep 2015September 2015 | 50,000 /yr | |
| 102 | Studio | 443 sqft | AED 480KAED 480,000 · Jan 2019January 2019 | ||
| 103 | 1-bed | 743 sqft | AED 450KAED 450,000 · Feb 2022February 2022 | 32,000 /yr | |
| 104 | 2-bed | 1,293 sqft | AED 1.25MAED 1,250,000 · Mar 2018March 2018 | 71,500 /yr | |
| 105 | 2-bed | 1,152 sqft | AED 750KAED 750,000 · Aug 2019August 2019 | ||
| 106 | 1-bed | 739 sqft | AED 815KAED 815,000 · Oct 2016October 2016 | 62,000 /yr | |
| 107 | 1-bed | 739 sqft | AED 815KAED 815,000 · Oct 2016October 2016 | 54,000 /yr | |
| 108 | 1-bed | 672 sqft | AED 640KAED 640,000 · May 2024May 2024 | 61,950 /yr | |
| 109 | 2-bed | 1,242 sqft | AED 1.01MAED 1,010,000 · Jul 2024July 2024 | 68,250 /yr | |
| 110 | 1-bed | 779 sqft | AED 858KAED 857,500 · Oct 2016October 2016 | 50,000 /yr | |
| 111 | 2-bed | 1,162 sqft | AED 1.1MAED 1,095,000 · Jan 2018January 2018 | 72,000 /yr | |
| 112 | 2-bed | 1,161 sqft | AED 1.1MAED 1,095,000 · Jan 2018January 2018 | 70,000 /yr | |
| 113 | 3-bed | 1,350 sqft | AED 1.35MAED 1,350,000 · Oct 2015October 2015 | 90,000 /yr | |
| 114 | 1-bed | 820 sqft | AED 895KAED 895,000 · Sep 2015September 2015 | 36,000 /yr | |
| 115 | 1-bed | 673 sqft | AED 450KAED 450,000 · Nov 2022November 2022 | 56,000 /yr | |
| 116 | 1-bed | 739 sqft | AED 820KAED 820,000 · Sep 2015September 2015 | 36,000 /yr | |
| 117 | 1-bed | 739 sqft | AED 820KAED 820,000 · Sep 2015September 2015 | 61,000 /yr | |
| 119 | Studio | 433 sqft | AED 475KAED 475,000 · Jul 2015July 2015 | 50,000 /yr | |
| 120 | 2-bed | 1,150 sqft | AED 900KAED 900,000 · Mar 2024March 2024 | 84,000 /yr | |
| 121 | 2-bed | 1,134 sqft | AED 1.09MAED 1,085,000 · Sep 2017September 2017 | 84,000 /yr | |
| 122 | 2-bed | 1,166 sqft | AED 1.16MAED 1,160,000 · Jul 2017July 2017 | 85,000 /yr |
118, Glitz Residence 3 Tower 1 in numbers
- Sold once: by Danube Properties Development on 21 September 2015 for AED 786,000, or AED 1,169 per sqft.
- Rented since January 2022 on 5 Ejari contracts, from AED 36,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2015 price is 7.6%, before a service charge of about AED 10,500 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 28 August 2025.
Questions about 118, Glitz Residence 3 Tower 1
What did unit 118 last sell for?
AED 786,000 on 21 September 2015, sold by the developer: AED 1,169 per sqft for 672 sqft. It is the only registered sale of the unit.
What is the rent for unit 118?
AED 60,000 a year on the contract signed on 28 August 2025. The previous contract, from February 2025, was AED 50,000; the unit has been rented since January 2022.
How big is unit 118?
672 sqft (62.4 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.
What is unit 118 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 118, Glitz Residence 3 Tower 1
Starts from the last sale price (AED 786K, 21 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 786,000
- Deposit, UAE resident (20%)
- AED 157,200
- Deposit, non-resident (40%)
- AED 314,400
- Monthly over 25 years at 3.7%
- AED 3,216
Plus AED 38,022 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →