Studio · 443 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 4th floor · completed 2017

402, Glitz Residence 3 Tower 1

Sold prices and rental history: sold twice, last in February 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 18 September 2026
Last soldAED 570K23 February 2026
Current rentAED 40K /yr18 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Glitz Residence 3 Tower 1

What is 402 worth today?

Last sold for AED 570,000 in 2026

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18 Sep 2026RentedRenewal
AED 40,000/yr3 months · AED 90 per sqft
23 Feb 2026SoldReady
AED 570,000AED 1,288 per sqft
18 Sep 2025RentedNew contract
AED 40,000/yr12 months · AED 90 per sqft
18 Sep 2024RentedNew contract
AED 40,000/yr12 months · AED 91 per sqft
1 Nov 2023RentedRenewal
AED 30,618/yr10 months · AED 69 per sqft
1 Nov 2022RentedNew contract
AED 30,000/yr12 months · AED 68 per sqft
15 Apr 2021RentedNew contract
AED 24,000/yr12 months · AED 54 per sqft
2 Oct 2018RentedNew contract
AED 38,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 18 September 2026.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
4th of 8
Parking
B-447
Developer
Danube Properties Development
Completed
2017
Service charge
AED 6,900 /yr
Last sold
AED 570K · February 2026

About 402, Glitz Residence 3 Tower 1

402 is a studio of 443 sqft on the 4th 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 23 February 2026 for AED 570,000, or AED 1,288 per sqft, 8% above the AED 1,188 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 18 September 2026, is AED 40,000 a year: a gross yield of 7.0% on the 2026 price, before the service charge of about AED 6,900 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical studio in Glitz Residence 3 Tower 1
400K500K600K2015201820212024Typical sale price by year: 2015 AED 480,000; 2023 AED 390,000; 2025 AED 515,000Sold by developer, October 2015: AED 485,000 (AED 1,096 per sqft)Sold, February 2026: AED 570,000 (AED 1,288 per sqft)

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

Rents
Unit 402, each contractTypical studio in Glitz Residence 3 Tower 1
30K40K2018202120242027Typical rent by year: 2018 AED 38,000; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 24,000; 2022 AED 28,000; 2023 AED 32,000; 2024 AED 37,800; 2025 AED 44,000; 2026 AED 43,500New contract, October 2018: AED 38,000 a yearNew contract, April 2021: AED 24,000 a yearNew contract, November 2022: AED 30,000 a yearRenewal, November 2023: AED 30,618 a yearNew contract, September 2024: AED 40,000 a yearNew contract, September 2025: AED 40,000 a yearRenewal, September 2026: AED 40,000 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 402 sits

All 16 studios →

402 last sold in February 2026 at AED 1,288 per sqft, 8% above what studios in Glitz Residence 3 Tower 1 were fetching at the time (AED 1,188). Over the last 12 months studios sold for AED 570,000, around AED 1,288 per sqft, and rent for AED 40,000 to 54,000 a year. 402's AED 40,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Aug 2025525,000
14 Aug 2025515,000
20 Feb 2025460,000
7 Nov 2024430,000
1 studio sale 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. 16 sold in the last 12 months.

Typical price per sqft
AED 987 Down 3.5%
Typical sale
AED 1.09M
Typical rent
AED 63K /yr
Typical yield
7.9%
Glitz Residence 3 Tower 1, Dubai Studio City: prices, sales and rents →

Other units on the 4th floor

All 176 units in Glitz Residence 3 Tower 1
Value
4013-bedAED 1.5M · Feb 2026
4031-bedAED 820K · Jul 2015
4042-bedAED 1.25M · Oct 2015
4052-bedAED 1.1M · May 2016
4061-bedAED 820K · Sep 2015
4071-bedAED 350K · Apr 2026
4081-bedAED 786K · Sep 2015
1–7 of 21

402, Glitz Residence 3 Tower 1 in numbers

  • Sold twice: first on 25 October 2015 for AED 485,000, last on 23 February 2026 for AED 570,000 (AED 1,288 per sqft).
  • Rented since October 2018 on 7 Ejari contracts. The rent fell from AED 38,000 to AED 24,000 in 2021 and recovered to AED 40,000 by September 2026.
  • At AED 40,000 a year the gross yield on the 2026 price is 7.0%, before a service charge of about AED 6,900 a year (AED 15.66 per sqft).
  • Studios in Glitz Residence 3 Tower 1 sold for AED 570,000–570,000 in the 12 months to November 2026; the building's median across all types is AED 987 per sqft.

Source: Dubai Land Department. Updated 18 September 2026.

Questions about 402, Glitz Residence 3 Tower 1

What did unit 402 last sell for?

AED 570,000 on 23 February 2026: AED 1,288 per sqft for 443 sqft. The unit has 2 registered sales; the first was AED 485,000 in October 2015.

What is the rent for unit 402?

AED 40,000 a year on the contract renewed on 18 September 2026. The previous contract, from September 2025, was AED 40,000; the unit has been rented since October 2018.

How big is unit 402?

443 sqft (41.2 sqm): a studio on the 4th floor of a 8-storey tower completed in 2017.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glitz Residence 3 Tower 1 sold for AED 570,000 to 570,000 in the last 12 months, around AED 1,288 per sqft.

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Mortgage on 402, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 570K, 23 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →