409, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Glitz Residence 1
What is 409 worth today?
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Source: Dubai Land Department. Updated 5 September 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,647 sqft
- Floor
- 4th of 8
- Parking
- B-32, B-33
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 27,900 /yr
- Last sold
- AED 1.48M · August 2015
- Building
- Glitz Residence 1
About 409, Glitz Residence 1
409 is a three-bedroom apartment of 1,647 sqft on the 4th floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 10 August 2015 for AED 1,483,593, or AED 900 per sqft, in line with the AED 903 three-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 5 September 2025, is AED 115,000 a year: a gross yield of 7.8% on the 2015 price, before the service charge of about AED 27,900 a year.
Sales and rents for 409 over time
409 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Glitz Residence 1, and where 409 sits
All 14 3-beds →409 last sold in August 2015 at AED 900 per sqft, in line with what three-beds in Glitz Residence 1 were fetching at the time (AED 903). 409's AED 115,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jul 202528 July 2025 | 1,647 sqft | 1,530,000 | 928 | ||
| 10 Jul 202410 July 2024 | 1,647 sqft | 1,225,000 | 743 | ||
| 20 Jun 202420 June 2024 | 1,647 sqft | 1,350,000 | 819 | ||
| 24 May 202424 May 2024 | 1,647 sqft | 1,170,000 | 710 |
Glitz Residence 1
Building146 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 11 sold in the last 12 months.
- Typical price per sqft
- AED 990 Up 4.3%
- Typical sale
- AED 505K
- Typical rent
- AED 60K /yr
- Typical yield
- 8.2%
Other units on the 4th floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 786 sqft | AED 510KAED 510,000 · Mar 2023March 2023 | 60,000 /yr | |
| 402 | Studio | 465 sqft | AED 540KAED 540,000 · Nov 2025November 2025 | 47,000 /yr | |
| 403 | 2-bed | 1,200 sqft | AED 1.07MAED 1,071,133 · Jun 2015June 2015 | 83,775 /yr | |
| 404 | 2-bed | 1,196 sqft | AED 1.1MAED 1,100,000 · May 2025May 2025 | 72,540 /yr | |
| 405 | Studio | 490 sqft | AED 511KAED 510,745 · Aug 2015August 2015 | 43,000 /yr | |
| 406 | 1-bed | 672 sqft | AED 745KAED 744,999 · Jun 2015June 2015 | 58,000 /yr | |
| 407 | 1-bed | 739 sqft | AED 805KAED 804,591 · Aug 2015August 2015 | 60,000 /yr | |
| 408 | 1-bed | 674 sqft | AED 745KAED 744,999 · Jul 2015July 2015 | 58,000 /yr | |
| 410 | 3-bed | 1,647 sqft | AED 1.23MAED 1,225,000 · Jul 2024July 2024 | 71,500 /yr | |
| 411 | 1-bed | 675 sqft | AED 745KAED 744,999 · Aug 2015August 2015 | 59,000 /yr | |
| 412 | 1-bed | 739 sqft | AED 515KAED 515,000 · Mar 2023March 2023 | ||
| 413 | 1-bed | 674 sqft | AED 700KAED 700,000 · Mar 2024March 2024 | 58,000 /yr | |
| 414 | Studio | 490 sqft | AED 511KAED 510,745 · Aug 2015August 2015 | 45,000 /yr | |
| 415 | 2-bed | 1,197 sqft | AED 1.09MAED 1,088,564 · Jun 2015June 2015 | 72,000 /yr | |
| 416 | 2-bed | 1,175 sqft | AED 950KAED 950,000 · May 2024May 2024 | ||
| 417 | Studio | 451 sqft | AED 268KAED 268,000 · Nov 2022November 2022 | 36,660 /yr | |
| 418 | 1-bed | 762 sqft | AED 779KAED 779,358 · Aug 2015August 2015 | 56,000 /yr |
409, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 10 August 2015 for AED 1,483,593, or AED 900 per sqft.
- Rented since March 2018 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 68,000 in 2020 and recovered to AED 115,000 by September 2025.
- At AED 115,000 a year the gross yield on the 2015 price is 7.8%, before a service charge of about AED 27,900 a year (AED 16.96 per sqft).
Source: Dubai Land Department. Updated 5 September 2025.
Questions about 409, Glitz Residence 1
What did unit 409 last sell for?
AED 1,483,593 on 10 August 2015, sold by the developer: AED 900 per sqft for 1,647 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 115,000 a year on the contract signed on 5 September 2025. The previous contract, from January 2025, was AED 110,000; the unit has been rented since March 2018.
How big is unit 409?
1,647 sqft (153.0 sqm): a three-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.
What is unit 409 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 409, Glitz Residence 1
Starts from the last sale price (AED 1.48M, 10 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,483,593
- Deposit, UAE resident (20%)
- AED 296,719
- Deposit, non-resident (40%)
- AED 593,437
- Monthly over 25 years at 3.7%
- AED 6,070
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →