1-bed · 743 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 2nd floor · completed 2017

203, Glitz Residence 3 Tower 1

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 570K26 February 2024
Current rentAED 45K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Glitz Residence 3 Tower 1

What is 203 worth today?

Last sold for AED 570,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2024RentedNew contract
AED 45,150/yr12 months · AED 61 per sqft
26 Feb 2024SoldReady
AED 570,000AED 767 per sqft
1 Mar 2023RentedNew contract
AED 43,000/yr12 months · AED 58 per sqft
29 Nov 2020RentedNew contract
AED 34,000/yr12 months · AED 46 per sqft
4 Sep 2018RentedNew contract
AED 53,000/yr12 months · AED 71 per sqft
29 Oct 2015Sold by developerOff-plan
AED 820,000AED 1,103 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.

Key facts

Type
1-bed apartment
Size
743 sqft
Floor
2nd of 8
Parking
G-33
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 570K · February 2024

About 203, Glitz Residence 3 Tower 1

203 is a one-bedroom apartment of 743 sqft on the 2nd floor of Glitz Residence 3 Tower 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 26 February 2024 for AED 570,000, or AED 767 per sqft, in line with the AED 753 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 March 2024, is AED 45,150 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 11,600 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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 2015: AED 820,000 (AED 1,103 per sqft)Sold, February 2024: AED 570,000 (AED 767 per sqft)

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

Rents
Unit 203, 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 53,000 a yearNew contract, November 2020: AED 34,000 a yearNew contract, March 2023: AED 43,000 a yearNew contract, March 2024: AED 45,150 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 203 sits

All 75 1-beds →

203 last sold in February 2024 at AED 767 per sqft, in line with what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 753). 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. 203's AED 45,150 is at the bottom 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 2nd floor

All 176 units in Glitz Residence 3 Tower 1
Value
2013-bedAED 1.33M · Sep 2015
202StudioAED 310K · Nov 2021
2042-bedAED 1.25M · Sep 2015
2052-bedAED 1.06M · Jan 2026
2061-bedAED 820K · Oct 2015
2071-bedAED 680K · Oct 2024
2081-bedAED 743K · Jul 2025
1–7 of 21

203, Glitz Residence 3 Tower 1 in numbers

  • Sold twice: first on 29 October 2015 for AED 820,000, last on 26 February 2024 for AED 570,000 (AED 767 per sqft).
  • Rented since September 2018 on 4 Ejari contracts. The rent fell from AED 53,000 to AED 34,000 in 2020 and recovered to AED 45,150 by March 2024.
  • At AED 45,150 a year the gross yield on the 2024 price is 7.9%, 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 1 March 2024.

Questions about 203, Glitz Residence 3 Tower 1

What did unit 203 last sell for?

AED 570,000 on 26 February 2024: AED 767 per sqft for 743 sqft. The unit has 2 registered sales; the first was AED 820,000 in October 2015.

What is the rent for unit 203?

AED 45,150 a year on the contract signed on 1 March 2024. The previous contract, from March 2023, was AED 43,000; the unit has been rented since September 2018.

How big is unit 203?

743 sqft (69.0 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.

What is unit 203 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.

Selling 203? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 203, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 570K, 26 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

Plus AED 28,950 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →