1-bed · 672 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 3rd floor · completed 2017

318, Glitz Residence 3 Tower 1

Sold prices and rental history: sold twice, last in June 2025, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 18 June 2025
Last soldAED 735K18 June 2025
Current rentAED 52K /yr25 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, Glitz Residence 3 Tower 1

What is 318 worth today?

Last sold for AED 735,000 in 2025

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18 Jun 2025SoldReady
AED 735,000AED 1,093 per sqft
25 May 2023RentedNew contract
AED 52,000/yr12 months · AED 78 per sqft
28 Feb 2021RentedNew contract
AED 36,000/yr12 months · AED 54 per sqft
20 Dec 2018RentedNew contract
AED 48,000/yr12 months · AED 72 per sqft
26 Jul 2015Sold by developerOff-plan
AED 786,000AED 1,169 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 June 2025.

Key facts

Type
1-bed apartment
Size
672 sqft
Floor
3rd of 8
Parking
B-446
Developer
Danube Properties Development
Completed
2017
Service charge
AED 10,500 /yr
Last sold
AED 735K · June 2025

About 318, Glitz Residence 3 Tower 1

318 is a one-bedroom apartment of 672 sqft on the 3rd 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 18 June 2025 for AED 735,000, or AED 1,093 per sqft, 14% above the AED 956 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 25 May 2023, is AED 52,000 a year: a gross yield of 7.1% on the 2025 price, before the service charge of about AED 10,500 a year.

Sales and rents for 318 over time

Sales
Unit 318, 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, July 2015: AED 786,000 (AED 1,169 per sqft)Sold, June 2025: AED 735,000 (AED 1,093 per sqft)

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

Rents
Unit 318, 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, December 2018: AED 48,000 a yearNew contract, February 2021: AED 36,000 a yearNew contract, May 2023: AED 52,000 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 318 sits

All 75 1-beds →

318 last sold in June 2025 at AED 1,093 per sqft, 14% above what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 956). 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. 318's AED 52,000 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
21 May 2025745,000
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 3rd floor

All 176 units in Glitz Residence 3 Tower 1
Value
3013-bedAED 890K · Nov 2022
302AED 525K · Aug 2025
3031-bedAED 820K · Oct 2015
3042-bedAED 1.25M · Sep 2015
3052-bedAED 830K · Aug 2023
3061-bedAED 820K · Oct 2015
3071-bedAED 820K · Sep 2015
1–7 of 21

318, Glitz Residence 3 Tower 1 in numbers

  • Sold twice: first on 26 July 2015 for AED 786,000, last on 18 June 2025 for AED 735,000 (AED 1,093 per sqft).
  • Rented since December 2018 on 3 Ejari contracts. The rent fell from AED 48,000 to AED 36,000 in 2021 and recovered to AED 52,000 by May 2023.
  • At AED 52,000 a year the gross yield on the 2025 price is 7.1%, 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 18 June 2025.

Questions about 318, Glitz Residence 3 Tower 1

What did unit 318 last sell for?

AED 735,000 on 18 June 2025: AED 1,093 per sqft for 672 sqft. The unit has 2 registered sales; the first was AED 786,000 in July 2015.

What is the rent for unit 318?

AED 52,000 a year on the contract signed on 25 May 2023. The previous contract, from February 2021, was AED 36,000; the unit has been rented since December 2018.

How big is unit 318?

672 sqft (62.4 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 318 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 318, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 735K, 18 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 735,000
Deposit, UAE resident (20%)
AED 147,000
Deposit, non-resident (40%)
AED 294,000
Monthly over 25 years at 3.7%
AED 3,007

Plus AED 35,880 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →