2-bed · 1,293 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 4th floor · completed 2017

404, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 15 June 2025
Last soldAED 1.25M29 October 2015
Current rentAED 95K /yr15 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Glitz Residence 3 Tower 1

What is 404 worth today?

Last sold for AED 1,250,000 in 2015

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15 Jun 2025RentedNew contract
AED 95,000/yr12 months · AED 74 per sqft
15 Jun 2025RentedNew contract
AED 95,000/yr12 months · AED 74 per sqft
15 Jul 2024RentedRenewal
AED 78,187/yr11 months · AED 60 per sqft
15 Jul 2023RentedNew contract
AED 78,000/yr12 months · AED 60 per sqft
10 Nov 2022RentedNew contract
AED 72,000/yr12 months · AED 56 per sqft
7 Nov 2021RentedNew contract
AED 58,000/yr12 months · AED 45 per sqft
15 Feb 2021RentedRenewal
AED 54,000/yr12 months · AED 42 per sqft
15 Feb 2020RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 15 June 2025.

Key facts

Type
2-bed apartment
Size
1,293 sqft
Floor
4th of 8
Parking
B-364, B-365
Developer
Danube Properties Development
Completed
2017
Service charge
AED 20,200 /yr
Last sold
AED 1.25M · October 2015

About 404, Glitz Residence 3 Tower 1

404 is a two-bedroom apartment of 1,293 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. The developer sold it on 29 October 2015 for AED 1,250,000, or AED 966 per sqft, in line with the AED 956 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 15 June 2025, is AED 95,000 a year: a gross yield of 7.6% on the 2015 price, before the service charge of about AED 20,200 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Glitz Residence 3 Tower 1
800K1M1.2M20152018202120242027Typical sale price by year: 2015 AED 1,095,000; 2016 AED 1,115,000; 2017 AED 1,112,500; 2018 AED 1,105,000; 2019 AED 1,019,100; 2023 AED 850,000; 2024 AED 1,000,000; 2025 AED 1,120,000; 2026 AED 1,120,000Sold by developer, October 2015: AED 1,250,000 (AED 966 per sqft)

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

Rents
Unit 404, each contractTypical two-bed in Glitz Residence 3 Tower 1
60K80K100K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 72,000; 2020 AED 58,000; 2021 AED 54,000; 2022 AED 60,000; 2023 AED 68,250; 2024 AED 71,652; 2025 AED 80,262; 2026 AED 84,000New contract, December 2018: AED 70,000 a yearNew contract, February 2020: AED 65,000 a yearRenewal, February 2021: AED 54,000 a yearNew contract, November 2021: AED 58,000 a yearNew contract, November 2022: AED 72,000 a yearNew contract, July 2023: AED 78,000 a yearRenewal, July 2024: AED 78,187 a yearNew contract, June 2025: AED 95,000 a yearNew contract, June 2025: AED 95,000 a year

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

2-beds in Glitz Residence 3 Tower 1, and where 404 sits

All 64 2-beds →

404 last sold in October 2015 at AED 966 per sqft, in line with what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 956). Over the last 12 months two-beds sold for AED 1,060,000 to 1,200,000, around AED 961 per sqft, and rent for AED 65,000 to 97,000 a year. 404's AED 95,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 May 20261,200,000
6 Apr 20261,190,000
6 Apr 20261,170,000
10 Mar 20261,100,000
8 2-bed 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. 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
402StudioAED 570K · Feb 2026
4031-bedAED 820K · Jul 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

404, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 29 October 2015 for AED 1,250,000, or AED 966 per sqft.
  • Rented since December 2018 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 54,000 in 2021 and recovered to AED 95,000 by June 2025.
  • At AED 95,000 a year the gross yield on the 2015 price is 7.6%, before a service charge of about AED 20,200 a year (AED 15.66 per sqft).
  • Two-beds in Glitz Residence 3 Tower 1 sold for AED 1,060,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 987 per sqft.

Source: Dubai Land Department. Updated 15 June 2025.

Questions about 404, Glitz Residence 3 Tower 1

What did unit 404 last sell for?

AED 1,250,000 on 29 October 2015, sold by the developer: AED 966 per sqft for 1,293 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 95,000 a year on the contract signed on 15 June 2025. The previous contract, from June 2025, was AED 95,000; the unit has been rented since December 2018.

How big is unit 404?

1,293 sqft (120.1 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Glitz Residence 3 Tower 1 sold for AED 1,060,000 to 1,200,000 in the last 12 months, around AED 961 per sqft.

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Mortgage on 404, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.25M, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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