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Studio · 433 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 3rd floor · completed 2017

319, Glitz Residence 3 Tower 1

Sold prices and rental history: sold 4 times, last in July 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 319 · DLD and Ejari recordsUpdated 20 July 2023
Last soldAED 390K20 July 2023
Current rentAED 28K /yr15 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 319, Glitz Residence 3 Tower 1

What is 319 worth today?

Last sold for AED 390,000 in 2023

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20 Jul 2023SoldReady
AED 390,000AED 899 per sqft
15 Mar 2022RentedNew contract
AED 28,000/yr12 months · AED 65 per sqft
7 Oct 2021SoldReady
AED 345,000AED 795 per sqft
1 Jan 2021RentedNew contract
AED 29,000/yr13 months · AED 67 per sqft
15 Jul 2020SoldReady
AED 390,000AED 899 per sqft
1 Dec 2019RentedNew contract
AED 33,000/yr13 months · AED 77 per sqft
30 Sep 2018RentedNew contract
AED 40,000/yr12 months · AED 93 per sqft
26 Jul 2015Sold by developerOff-plan
AED 475,000AED 1,095 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 July 2023.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
3rd of 8
Parking
B-292
Developer
Danube Properties Development
Completed
2017
Service charge
AED 6,800 /yr
Last sold
AED 390K · July 2023
Building
Glitz Residence 3 Tower 1

About 319, Glitz Residence 3 Tower 1

319 is a studio of 433 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 20 July 2023 for AED 390,000, or AED 899 per sqft.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 15 March 2022, is AED 28,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 6,800 a year.

Sales and rents for 319 over time

Sales
Unit 319, each saleTypical studio in Glitz Residence 3 Tower 1
400K500K2015201820212024Typical sale price by year: 2015 AED 480,000; 2023 AED 390,000Sold by developer, July 2015: AED 475,000 (AED 1,095 per sqft)Sold, July 2020: AED 390,000 (AED 899 per sqft)Sold, October 2021: AED 345,000 (AED 795 per sqft)Sold, July 2023: AED 390,000 (AED 899 per sqft)

319 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 319, each contractTypical studio in Glitz Residence 3 Tower 1
30K40K20182020202220242026Typical rent by year: 2018 AED 38,000; 2019 AED 35,500; 2020 AED 30,000; 2021 AED 24,000; 2022 AED 27,600; 2023 AED 31,309; 2024 AED 36,000; 2025 AED 45,000New contract, September 2018: AED 40,000 a yearNew contract, December 2019: AED 33,000 a yearNew contract, January 2021: AED 29,000 a yearNew contract, March 2022: AED 28,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Glitz Residence 3 Tower 1, and where 319 sits

All 14 studios →

319's AED 28,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Feb 2025460,000
7 Nov 2024430,000
30 Oct 2024410,000
29 Nov 2023400,000
0 studio 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

319, Glitz Residence 3 Tower 1 in numbers

  • Sold 4 times: first on 26 July 2015 for AED 475,000, last on 20 July 2023 for AED 390,000 (AED 899 per sqft).
  • Rented since September 2018 on 4 Ejari contracts, from AED 40,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 6,800 a year (AED 15.66 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 July 2023.

Questions about 319, Glitz Residence 3 Tower 1

What did unit 319 last sell for?

AED 390,000 on 20 July 2023: AED 899 per sqft for 433 sqft. The unit has 4 registered sales; the first was AED 475,000 in July 2015.

What is the rent for unit 319?

AED 28,000 a year on the contract signed on 15 March 2022. The previous contract, from January 2021, was AED 29,000; the unit has been rented since September 2018.

How big is unit 319?

433 sqft (40.2 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 319 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 319, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 390K, 20 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

Plus AED 19,290 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →