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1-bed · 739 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 8th floor · completed 2017

816, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in September 2015, and rented once, from September 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 816 · DLD and Ejari recordsUpdated 24 September 2020
Last soldAED 830K1 September 2015
Current rentAED 67K /yr24 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 816, Glitz Residence 3 Tower 2

What is 816 worth today?

Last sold for AED 830,000 in 2015

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24 Sep 2020RentedNew contract
AED 66,504/yr12 months · AED 90 per sqft
1 Sep 2015Sold by developerOff-plan
AED 830,000AED 1,123 per sqft

Source: Dubai Land Department. Updated 24 September 2020.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
8th of 8
Parking
B-64
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 830K · September 2015
Building
Glitz Residence 3 Tower 2

About 816, Glitz Residence 3 Tower 2

816 is a one-bedroom apartment of 739 sqft on the 8th floor of Glitz Residence 3 Tower 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 1 September 2015 for AED 830,000, or AED 1,123 per sqft, 5% below the AED 1,177 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 September 2020. The current contract, signed on 24 September 2020, is AED 66,504 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 11,600 a year.

Sales and rents for 816 over time

Sales
Unit 816, each saleTypical one-bed in Glitz Residence 3 Tower 2
600K800K2015201820212024Typical sale price by year: 2015 AED 830,000; 2016 AED 820,000; 2018 AED 813,400; 2019 AED 585,000; 2021 AED 475,000; 2022 AED 522,500; 2024 AED 645,000; 2025 AED 700,000Sold by developer, September 2015: AED 830,000 (AED 1,123 per sqft)

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

Rents
Unit 816, each contractTypical one-bed in Glitz Residence 3 Tower 2
40K60K2018202120242027Typical rent by year: 2018 AED 52,000; 2019 AED 50,000; 2020 AED 45,000; 2021 AED 37,000; 2022 AED 41,400; 2023 AED 47,000; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 61,000New contract, September 2020: AED 66,504 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 2, and where 816 sits

All 78 1-beds →

816 last sold in September 2015 at AED 1,123 per sqft, 5% below what one-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 1,177). Over the last 12 months one-beds sold for AED 700,000, around AED 1,039 per sqft, and rent for AED 51,700 to 73,000 a year. 816's AED 66,504 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 2026700,000
7 Jul 2025725,000
12 Jun 2025700,000
27 Mar 2025700,000
1 1-bed sale in the last 12 months

Glitz Residence 3 Tower 2

Building

176 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 5 sold in the last 12 months.

Typical price per sqft
AED 1,039
Typical sale
AED 700K
Typical rent
AED 64K /yr
Typical yield
8.1%
Glitz Residence 3 Tower 2, Dubai Studio City: prices, sales and rents →

Other units on the 8th floor

All 176 units in Glitz Residence 3 Tower 2
Value
801AED 1.35M · Oct 2015
802AED 525K · Nov 2025
8031-bedAED 630K · Jan 2019
8042-bedAED 1.25M · Oct 2015
8052-bedAED 1.11M · Oct 2015
8061-bedAED 817K · Nov 2018
8071-bedAED 650K · Dec 2018
1–7 of 21

816, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 1 September 2015 for AED 830,000, or AED 1,123 per sqft.
  • Rented since September 2020 on one Ejari contract, at AED 66,504 a year.
  • At AED 66,504 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 11,600 a year (AED 15.66 per sqft).
  • One-beds in Glitz Residence 3 Tower 2 sold for AED 700,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 1,039 per sqft.

Source: Dubai Land Department. Updated 24 September 2020.

Questions about 816, Glitz Residence 3 Tower 2

What did unit 816 last sell for?

AED 830,000 on 1 September 2015, sold by the developer: AED 1,123 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 816?

AED 66,504 a year on the contract signed on 24 September 2020.

How big is unit 816?

739 sqft (68.7 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2017.

What is unit 816 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 2 sold for AED 700,000 to 700,000 in the last 12 months, around AED 1,039 per sqft.

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Mortgage on 816, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 830K, 1 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

Plus AED 39,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →