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2-bed · 1,152 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 4th floor · completed 2017

405, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in May 2016, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 1.1M1 May 2016
Current rentAED 90K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 405, Glitz Residence 3 Tower 1

What is 405 worth today?

Last sold for AED 1,095,000 in 2016

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1 Dec 2025RentedNew contract
AED 90,000/yr12 months · AED 78 per sqft
1 Apr 2020RentedNew contract
AED 53,000/yr12 months · AED 46 per sqft
1 May 2016Sold by developerOff-plan
AED 1,095,000AED 950 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
2-bed apartment
Size
1,152 sqft
Floor
4th of 8
Parking
B-313, B-312
Developer
Danube Properties Development
Completed
2017
Service charge
AED 18,000 /yr
Last sold
AED 1.1M · May 2016
Building
Glitz Residence 3 Tower 1

About 405, Glitz Residence 3 Tower 1

405 is a two-bedroom apartment of 1,152 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 1 May 2016 for AED 1,095,000, or AED 950 per sqft, in line with the AED 956 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 December 2025, is AED 90,000 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 18,000 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Glitz Residence 3 Tower 1
1M20152018202120242027Typical 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, May 2016: AED 1,095,000 (AED 950 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in Glitz Residence 3 Tower 1
60K80K2018202120242027Typical 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, April 2020: AED 53,000 a yearNew contract, December 2025: AED 90,000 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 405 sits

All 64 2-beds →

405 last sold in May 2016 at AED 950 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. 405's AED 90,000 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
4042-bedAED 1.25M · Oct 2015
4061-bedAED 820K · Sep 2015
4071-bedAED 350K · Apr 2026
4081-bedAED 786K · Sep 2015
1–7 of 21

405, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 1 May 2016 for AED 1,095,000, or AED 950 per sqft.
  • Rented since April 2020 on 2 Ejari contracts, from AED 53,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2016 price is 8.2%, before a service charge of about AED 18,000 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 1 December 2025.

Questions about 405, Glitz Residence 3 Tower 1

What did unit 405 last sell for?

AED 1,095,000 on 1 May 2016, sold by the developer: AED 950 per sqft for 1,152 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 90,000 a year on the contract signed on 1 December 2025. The previous contract, from April 2020, was AED 53,000.

How big is unit 405?

1,152 sqft (107.0 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 405 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 405, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.1M, 1 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,095,000
Deposit, UAE resident (20%)
AED 219,000
Deposit, non-resident (40%)
AED 438,000
Monthly over 25 years at 3.7%
AED 4,480

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