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

416, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 28 January 2025
Last soldAED 820K1 September 2015
Current rentAED 54K /yr28 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Glitz Residence 3 Tower 1

What is 416 worth today?

Last sold for AED 820,000 in 2015

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28 Jan 2025RentedRenewal
AED 54,000/yr12 months · AED 73 per sqft
28 Jan 2025RentedRenewal
AED 54,000/yr12 months · AED 73 per sqft
28 Jan 2024RentedNew contract
AED 43,000/yr12 months · AED 58 per sqft
28 Jan 2022RentedNew contract
AED 38,000/yr12 months · AED 51 per sqft
27 Sep 2019RentedNew contract
AED 52,000/yr12 months · AED 70 per sqft
1 Sep 2015Sold by developerOff-plan
AED 820,000AED 1,109 per sqft

Source: Dubai Land Department. Updated 28 January 2025.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
4th of 8
Parking
B-285
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 820K · September 2015

About 416, Glitz Residence 3 Tower 1

416 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 1 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 continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 28 January 2025, is AED 54,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 11,600 a year.

Sales and rents for 416 over time

Sales
Unit 416, each saleTypical one-bed in Glitz Residence 3 Tower 1
400K600K800K20152018202120242027Typical 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, September 2015: AED 820,000 (AED 1,109 per sqft)

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

Rents
Unit 416, 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, September 2019: AED 52,000 a yearNew contract, January 2022: AED 38,000 a yearNew contract, January 2024: AED 43,000 a yearRenewal, January 2025: AED 54,000 a yearRenewal, January 2025: AED 54,000 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 416 sits

All 80 1-beds →

416 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. 416's AED 54,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 2026715,000
28 Apr 2026350,000
24 Feb 2026775,000
19 Dec 2025770,000
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
4071-bedAED 350K · Apr 2026
1–7 of 21

416, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 1 September 2015 for AED 820,000, or AED 1,109 per sqft.
  • Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 52,000 to AED 38,000 in 2022 and recovered to AED 54,000 by January 2025.
  • At AED 54,000 a year the gross yield on the 2015 price is 6.6%, 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 28 January 2025.

Questions about 416, Glitz Residence 3 Tower 1

What did unit 416 last sell for?

AED 820,000 on 1 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 416?

AED 54,000 a year on the contract renewed on 28 January 2025. The previous contract, from January 2025, was AED 54,000; the unit has been rented since September 2019.

How big is unit 416?

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

What is unit 416 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 416, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 820K, 1 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 →