Studio · 433 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 6th floor · completed 2017

619, Glitz Residence 3 Tower 1

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

Unit 619 · DLD and Ejari recordsUpdated 17 November 2024
Last soldAED 430K7 November 2024
Current rentAED 36K /yr17 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 619, Glitz Residence 3 Tower 1

What is 619 worth today?

Last sold for AED 430,000 in 2024

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17 Nov 2024RentedNew contract
AED 36,000/yr12 months · AED 84 per sqft
7 Nov 2024SoldReady
AED 430,000AED 992 per sqft
17 Mar 2023RentedRenewal
AED 29,700/yr8 months · AED 69 per sqft
16 Mar 2022RentedNew contract
AED 26,928/yr12 months · AED 63 per sqft
20 Sep 2021RentedRenewal
AED 25,000/yr12 months · AED 58 per sqft
20 Sep 2020RentedRenewal
AED 32,000/yr12 months · AED 74 per sqft
20 Sep 2019RentedRenewal
AED 36,000/yr12 months · AED 84 per sqft
20 Sep 2018RentedNew contract
AED 36,000/yr12 months · AED 84 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 November 2024.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
6th of 8
Parking
B-270
Developer
Danube Properties Development
Completed
2017
Service charge
AED 6,800 /yr
Last sold
AED 430K · November 2024

About 619, Glitz Residence 3 Tower 1

619 is a studio of 433 sqft on the 6th 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 7 November 2024 for AED 430,000, or AED 992 per sqft, 7% above the AED 926 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 17 November 2024, is AED 36,000 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 6,800 a year.

Sales and rents for 619 over time

Sales
Unit 619, each saleTypical studio in Glitz Residence 3 Tower 1
400K450K2015201820212024Typical sale price by year: 2015 AED 480,000; 2023 AED 390,000Sold by developer, October 2015: AED 475,000 (AED 1,095 per sqft)Sold, November 2024: AED 430,000 (AED 992 per sqft)

619 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 619, 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 36,000 a yearRenewal, September 2019: AED 36,000 a yearRenewal, September 2020: AED 32,000 a yearRenewal, September 2021: AED 25,000 a yearNew contract, March 2022: AED 26,928 a yearRenewal, March 2023: AED 29,700 a yearNew contract, November 2024: AED 36,000 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 619 sits

All 14 studios →

619 last sold in November 2024 at AED 992 per sqft, 7% above what studios in Glitz Residence 3 Tower 1 were fetching at the time (AED 926). 619's AED 36,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Feb 2025460,000
30 Oct 2024410,000
29 Nov 2023400,000
20 Sep 2023387,000
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 6th floor

All 176 units in Glitz Residence 3 Tower 1
Value
6013-bedAED 1.35M · Apr 2016
602StudioAED 410K · Oct 2024
6031-bedAED 820K · Oct 2015
6042-bedAED 1.03M · Oct 2023
6052-bedAED 1.11M · Nov 2016
6061-bedAED 250K · Nov 2021
6071-bedAED 820K · Oct 2015
1–7 of 21

619, Glitz Residence 3 Tower 1 in numbers

  • Sold twice: first on 29 October 2015 for AED 475,000, last on 7 November 2024 for AED 430,000 (AED 992 per sqft).
  • Rented since September 2018 on 7 Ejari contracts. The rent fell from AED 36,000 to AED 25,000 in 2021 and recovered to AED 36,000 by November 2024.
  • At AED 36,000 a year the gross yield on the 2024 price is 8.4%, 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 17 November 2024.

Questions about 619, Glitz Residence 3 Tower 1

What did unit 619 last sell for?

AED 430,000 on 7 November 2024: AED 992 per sqft for 433 sqft. The unit has 2 registered sales; the first was AED 475,000 in October 2015.

What is the rent for unit 619?

AED 36,000 a year on the contract signed on 17 November 2024. The previous contract, from March 2023, was AED 29,700; the unit has been rented since September 2018.

How big is unit 619?

433 sqft (40.2 sqm): a studio on the 6th floor of a 8-storey tower completed in 2017.

What is unit 619 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 619, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 430K, 7 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

Plus AED 20,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →