122, Glitz Residence 3 Tower 1
Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 122, Glitz Residence 3 Tower 1
What is 122 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,166 sqft
- Floor
- 1st of 8
- Parking
- B-360, B-361
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 18,300 /yr
- Last sold
- AED 1.16M · July 2017
- Building
- Glitz Residence 3 Tower 1
About 122, Glitz Residence 3 Tower 1
122 is a two-bedroom apartment of 1,166 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 2 July 2017 for AED 1,160,000, or AED 994 per sqft, in line with the AED 972 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 7 June 2025, is AED 85,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 18,300 a year.
Sales and rents for 122 over time
122 has sold once; the dashed line is the two-bed median of each year in the building.
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 3 Tower 1, and where 122 sits
All 63 2-beds →122 last sold in July 2017 at AED 994 per sqft, in line with what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 972). Over the last 12 months two-beds sold for AED 1,060,000 to 1,120,000, around AED 956 per sqft, and rent for AED 66,150 to 97,000 a year. 122's AED 85,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 1,161 sqft | 1,120,000 | 964 | ||
| 30 Jan 202630 January 2026 | 1,152 sqft | 1,060,000 | 920 | ||
| 26 Jan 202626 January 2026 | 1,150 sqft | 1,100,000 | 956 | ||
| 23 Jun 202523 June 2025 | 1,150 sqft | 1,140,000 | 991 |
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 | |
| 118 | 1-bed | 672 sqft | AED 786KAED 786,000 · Sep 2015September 2015 | 60,000 /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, Glitz Residence 3 Tower 1 in numbers
- Sold once: by Danube Properties Development on 2 July 2017 for AED 1,160,000, or AED 994 per sqft.
- Rented since August 2019 on 6 Ejari contracts, from AED 70,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2017 price is 7.3%, before a service charge of about AED 18,300 a year (AED 15.66 per sqft).
- Two-beds in Glitz Residence 3 Tower 1 sold for AED 1,060,000–1,120,000 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 7 June 2025.
Questions about 122, Glitz Residence 3 Tower 1
What did unit 122 last sell for?
AED 1,160,000 on 2 July 2017, sold by the developer: AED 994 per sqft for 1,166 sqft. It is the only registered sale of the unit.
What is the rent for unit 122?
AED 85,000 a year on the contract renewed on 7 June 2025. The previous contract, from June 2024, was AED 85,000; the unit has been rented since August 2019.
How big is unit 122?
1,166 sqft (108.3 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.
What is unit 122 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Glitz Residence 3 Tower 1 sold for AED 1,060,000 to 1,120,000 in the last 12 months, around AED 956 per sqft.
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Mortgage on 122, Glitz Residence 3 Tower 1
Starts from the last sale price (AED 1.16M, 2 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,160,000
- Deposit, UAE resident (20%)
- AED 232,000
- Deposit, non-resident (40%)
- AED 464,000
- Monthly over 25 years at 3.7%
- AED 4,746
Plus AED 53,730 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →