2-bed · 1,242 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 4th floor · completed 2017

409, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 409 · DLD and Ejari recordsUpdated 15 January 2026

Last soldAED 1.21M16 October 2016

Current rentAED 66K /yr15 January 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 409, Glitz Residence 3 Tower 1

Today

What is 409 worth today?

Last sold for AED 1,210,000 in 2016

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15 Jan 2026

15 Jan 2026RentedRenewal

AED 66,150/yr12 months · AED 53 per sqft

15 Jan 2025

15 Jan 2025RentedRenewal

AED 63,000/yr12 months · AED 51 per sqft

15 Jan 2025

15 Jan 2025RentedRenewal

AED 63,000/yr12 months · AED 51 per sqft

15 Jan 2024

15 Jan 2024RentedRenewal

AED 60,060/yr12 months · AED 49 per sqft

15 Jan 2023

15 Jan 2023RentedRenewal

AED 54,700/yr12 months · AED 44 per sqft

15 Jan 2022

15 Jan 2022RentedRenewal

AED 52,000/yr12 months · AED 42 per sqft

15 Jan 2021

15 Jan 2021RentedNew contract

AED 52,000/yr12 months · AED 42 per sqft

5 Nov 2018

5 Nov 2018RentedNew contract

AED 78,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type: 2-bed apartment
Size: 1,242 sqft
Floor: 4th of 8
Parking: B-356, B-357
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 19,400 /yr
Last sold: AED 1.21M · October 2016
Building: Glitz Residence 3 Tower 1

About 409, Glitz Residence 3 Tower 1

409 is a two-bedroom apartment of 1,242 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 16 October 2016 for AED 1,210,000, or AED 974 per sqft, in line with the AED 960 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 15 January 2026, is AED 66,150 a year: a gross yield of 5.5% on the 2016 price, before the service charge of about AED 19,400 a year.

Sales and rents for 409 over time

Sales

Unit 409, each saleTypical two-bed in Glitz Residence 3 Tower 1

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

Rents

Unit 409, each contractTypical two-bed in Glitz Residence 3 Tower 1

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 409 sits

All 64 2-beds →

2-beds in Glitz Residence 3 Tower 1 · last 12 months961 /sqft Glitz Residence 3 Tower 1 · all types987 /sqft

409 last sold in October 2016 at AED 974 per sqft, in line with what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 960). 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. 409's AED 66,150 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
20 May 202620 May 2026	1,161 sqft	1,200,000	1,033
6 Apr 20266 April 2026	1,242 sqft	1,190,000	958
6 Apr 20266 April 2026	1,166 sqft	1,170,000	1,003
10 Mar 202610 March 2026	1,134 sqft	1,100,000	970

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


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
406	1-bed	739 sqft	AED 820KAED 820,000 · Sep 2015September 2015	63,000 /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
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

409, Glitz Residence 3 Tower 1 in numbers

Sold once: by Danube Properties Development on 16 October 2016 for AED 1,210,000, or AED 974 per sqft.
Rented since November 2018 on 8 Ejari contracts. The rent fell from AED 78,000 to AED 52,000 in 2022 and recovered to AED 66,150 by January 2026.
At AED 66,150 a year the gross yield on the 2016 price is 5.5%, before a service charge of about AED 19,400 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 January 2026.

Questions about 409, Glitz Residence 3 Tower 1

What did unit 409 last sell for?

AED 1,210,000 on 16 October 2016, sold by the developer: AED 974 per sqft for 1,242 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 66,150 a year on the contract renewed on 15 January 2026. The previous contract, from January 2025, was AED 63,000; the unit has been rented since November 2018.

How big is unit 409?

1,242 sqft (115.4 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 409 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 409, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.21M, 16 October 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,210,000
Deposit, UAE resident (20%): AED 242,000
Deposit, non-resident (40%): AED 484,000
Monthly over 25 years at 3.7%: AED 4,950

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