1-bed · 369 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 4th floor · completed 2017

407, Glitz Residence 3 Tower 1

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

Unit 407 · DLD and Ejari recordsUpdated 17 October 2026
Last soldAED 350K28 April 2026
Current rentAED 62K /yr17 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Glitz Residence 3 Tower 1

What is 407 worth today?

Last sold for AED 350,000 in 2026

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17 Oct 2026RentedRenewal
AED 62,000/yr12 months · AED 84 per sqft
28 Apr 2026SoldReady
AED 350,000AED 947 per sqft
17 Oct 2025RentedNew contract
AED 62,000/yr12 months · AED 84 per sqft
18 Oct 2023RentedNew contract
AED 56,000/yr12 months · AED 75 per sqft
1 Oct 2021RentedNew contract
AED 36,000/yr12 months · AED 48 per sqft
1 Aug 2020RentedNew contract
AED 36,000/yr12 months · AED 48 per sqft
1 Nov 2018RentedNew contract
AED 60,000/yr12 months · AED 81 per sqft
25 Oct 2015Sold by developerOff-plan
AED 820,000AED 1,109 per sqft

Source: Dubai Land Department. Updated 17 October 2026.

Key facts

Type
1-bed apartment
Size
369 sqft
Floor
4th of 8
Parking
B-289
Developer
Danube Properties Development
Completed
2017
Service charge
AED 5,800 /yr
Last sold
AED 350K · April 2026

About 407, Glitz Residence 3 Tower 1

407 is a one-bedroom apartment of 369 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 28 April 2026 for AED 350,000, or AED 947 per sqft, 9% below the AED 1,045 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 17 October 2026, is AED 62,000 a year: a gross yield of 17.7% on the 2026 price, before the service charge of about AED 5,800 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Glitz Residence 3 Tower 1
500K750K20152018202120242027Typical sale price by year: 2015 AED 820,000; 2016 AED 820,000; 2017 AED 811,800; 2019 AED 580,000; 2022 AED 450,000; 2023 AED 570,000; 2024 AED 640,000; 2025 AED 745,000; 2026 AED 715,000Sold by developer, October 2015: AED 820,000 (AED 1,109 per sqft)Sold, April 2026: AED 350,000 (AED 947 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Glitz Residence 3 Tower 1
40K60K2018202120242027Typical rent by year: 2018 AED 54,000; 2019 AED 50,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 40,000; 2023 AED 46,200; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 60,000New contract, November 2018: AED 60,000 a yearNew contract, August 2020: AED 36,000 a yearNew contract, October 2021: AED 36,000 a yearNew contract, October 2023: AED 56,000 a yearNew contract, October 2025: AED 62,000 a yearRenewal, October 2026: AED 62,000 a year

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 407 sits

All 80 1-beds →

407 last sold in April 2026 at AED 947 per sqft, 9% below what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 1,045). 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. 407's AED 62,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 2026715,000
24 Feb 2026775,000
19 Dec 2025770,000
27 Nov 2025780,000
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
Value
4013-bedAED 1.5M · Feb 2026
402StudioAED 570K · Feb 2026
4031-bedAED 820K · Jul 2015
4042-bedAED 1.25M · Oct 2015
4052-bedAED 1.1M · May 2016
4061-bedAED 820K · Sep 2015
4081-bedAED 786K · Sep 2015
1–7 of 21

407, Glitz Residence 3 Tower 1 in numbers

  • Sold twice: first on 25 October 2015 for AED 820,000, last on 28 April 2026 for AED 350,000 (AED 947 per sqft).
  • Rented since November 2018 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 36,000 in 2021 and recovered to AED 62,000 by October 2026.
  • At AED 62,000 a year the gross yield on the 2026 price is 17.7%, before a service charge of about AED 5,800 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 17 October 2026.

Questions about 407, Glitz Residence 3 Tower 1

What did unit 407 last sell for?

AED 350,000 on 28 April 2026: AED 947 per sqft for 369 sqft. The unit has 2 registered sales; the first was AED 820,000 in October 2015.

What is the rent for unit 407?

AED 62,000 a year on the contract renewed on 17 October 2026. The previous contract, from October 2025, was AED 62,000; the unit has been rented since November 2018.

How big is unit 407?

369 sqft (34.3 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 407 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 407, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 350K, 28 April 2026). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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