1-bed · 739 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 4th floor · completed 2017

406, Glitz Residence 3 Tower 1

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

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Unit 406 · DLD and Ejari recordsUpdated 20 February 2026

Last soldAED 820K21 September 2015

Current rentAED 63K /yr20 February 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 406, Glitz Residence 3 Tower 1

Today

What is 406 worth today?

Last sold for AED 820,000 in 2015

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20 Feb 2026

20 Feb 2026RentedNew contract

AED 63,000/yr12 months · AED 85 per sqft

10 Jan 2025

10 Jan 2025RentedNew contract

AED 60,000/yr12 months · AED 81 per sqft

1 Aug 2020

1 Aug 2020RentedNew contract

AED 40,000/yr12 months · AED 54 per sqft

21 Sep 2015

21 Sep 2015Sold by developerOff-plan

AED 820,000AED 1,109 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type: 1-bed apartment
Size: 739 sqft
Floor: 4th of 8
Parking: B-290
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 11,600 /yr
Last sold: AED 820K · September 2015
Building: Glitz Residence 3 Tower 1

About 406, Glitz Residence 3 Tower 1

406 is a one-bedroom apartment of 739 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 21 September 2015 for AED 820,000, or AED 1,109 per sqft, 5% below the AED 1,169 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 20 February 2026, is AED 63,000 a year: a gross yield of 7.7% on the 2015 price, before the service charge of about AED 11,600 a year.

Sales and rents for 406 over time

Sales

Unit 406, each saleTypical one-bed in Glitz Residence 3 Tower 1

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

Rents

Unit 406, each contractTypical one-bed in Glitz Residence 3 Tower 1

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 1, and where 406 sits

All 80 1-beds →

1-beds in Glitz Residence 3 Tower 1 · last 12 months1,048 /sqft Glitz Residence 3 Tower 1 · all types987 /sqft

406 last sold in September 2015 at AED 1,109 per sqft, 5% below what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 1,169). Over the last 12 months one-beds sold for AED 350,000 to 780,000, around AED 1,048 per sqft, and rent for AED 50,000 to 75,000 a year. 406's AED 63,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
2 Oct 20262 October 2026	672 sqft	715,000	1,064
28 Apr 202628 April 2026	369 sqft	350,000	947
24 Feb 202624 February 2026	739 sqft	775,000	1,048
19 Dec 202519 December 2025	739 sqft	770,000	1,042

5 1-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


401	3-bed	1,354 sqft	AED 1.5MAED 1,500,000 · Feb 2026February 2026	115,000 /yr
402	Studio	443 sqft	AED 570KAED 570,000 · Feb 2026February 2026	40,000 /yr
403	1-bed	743 sqft	AED 820KAED 820,000 · Jul 2015July 2015	54,000 /yr
404	2-bed	1,293 sqft	AED 1.25MAED 1,250,000 · Oct 2015October 2015	95,000 /yr
405	2-bed	1,152 sqft	AED 1.1MAED 1,095,000 · May 2016May 2016	90,000 /yr
407	1-bed	369 sqft	AED 350KAED 350,000 · Apr 2026April 2026	62,000 /yr
408	1-bed	672 sqft	AED 786KAED 786,000 · Sep 2015September 2015
409	2-bed	1,242 sqft	AED 1.21MAED 1,210,000 · Oct 2016October 2016	66,150 /yr
410	1-bed	779 sqft	AED 745KAED 745,000 · May 2025May 2025	65,000 /yr
411	2-bed	1,162 sqft	AED 1.1MAED 1,095,000 · Oct 2015October 2015	84,000 /yr
412	2-bed	1,161 sqft	AED 1.1MAED 1,095,000 · Jul 2015July 2015	85,000 /yr
413	3-bed	1,350 sqft	AED 1.38MAED 1,375,000 · Oct 2015October 2015	110,000 /yr
414	1-bed	820 sqft	AED 895KAED 895,000 · Sep 2015September 2015	62,000 /yr
415	1-bed	666 sqft	AED 786KAED 786,000 · Sep 2015September 2015	57,750 /yr
416	1-bed	739 sqft	AED 820KAED 820,000 · Sep 2015September 2015	54,000 /yr
417	1-bed	739 sqft	AED 820KAED 820,000 · Oct 2015October 2015	65,000 /yr
418	1-bed	672 sqft	AED 750KAED 750,000 · Aug 2025August 2025	60,000 /yr
419	Studio	433 sqft	AED 475KAED 475,000 · Oct 2015October 2015	45,000 /yr
420	2-bed	1,150 sqft	AED 1.09MAED 1,085,000 · Jul 2015July 2015	84,000 /yr
421	2-bed	1,134 sqft	AED 1.09MAED 1,085,000 · Oct 2015October 2015	68,000 /yr
422	2-bed	1,166 sqft	AED 1.16MAED 1,160,000 · Oct 2015October 2015	93,000 /yr

1–7 of 21

406, Glitz Residence 3 Tower 1 in numbers

Sold once: by Danube Properties Development on 21 September 2015 for AED 820,000, or AED 1,109 per sqft.
Rented since August 2020 on 3 Ejari contracts, from AED 40,000 to AED 63,000 a year.
At AED 63,000 a year the gross yield on the 2015 price is 7.7%, before a service charge of about AED 11,600 a year (AED 15.66 per sqft).
One-beds in Glitz Residence 3 Tower 1 sold for AED 350,000–780,000 in the 12 months to November 2026; the building's median across all types is AED 987 per sqft.

Source: Dubai Land Department. Updated 20 February 2026.

Questions about 406, Glitz Residence 3 Tower 1

What did unit 406 last sell for?

AED 820,000 on 21 September 2015, sold by the developer: AED 1,109 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 63,000 a year on the contract signed on 20 February 2026. The previous contract, from January 2025, was AED 60,000; the unit has been rented since August 2020.

How big is unit 406?

739 sqft (68.7 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 406 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 1 sold for AED 350,000 to 780,000 in the last 12 months, around AED 1,048 per sqft.

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Mortgage on 406, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 820K, 21 September 2015). Switch to today's estimate once you have unlocked it.

Price: AED 820,000
Deposit, UAE resident (20%): AED 164,000
Deposit, non-resident (40%): AED 328,000
Monthly over 25 years at 3.7%: AED 3,355

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