Studio · 433 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 4th floor · completed 2017

419, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 419 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 475K29 October 2015
Current rentAED 45K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 419, Glitz Residence 3 Tower 1

What is 419 worth today?

Last sold for AED 475,000 in 2015

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1 Mar 2025RentedNew contract
AED 45,000/yr12 months · AED 105 per sqft
7 Jan 2024RentedRenewal
AED 35,000/yr12 months · AED 81 per sqft
7 Jan 2023RentedNew contract
AED 32,000/yr12 months · AED 74 per sqft
5 Jan 2022RentedNew contract
AED 28,000/yr12 months · AED 65 per sqft
1 Aug 2019RentedNew contract
AED 35,000/yr12 months · AED 81 per sqft
27 Aug 2018RentedNew contract
AED 38,000/yr12 months · AED 88 per sqft
29 Oct 2015Sold by developerOff-plan
AED 475,000AED 1,095 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
4th of 8
Parking
B-448
Developer
Danube Properties Development
Completed
2017
Service charge
AED 6,800 /yr
Last sold
AED 475K · October 2015

About 419, Glitz Residence 3 Tower 1

419 is a studio of 433 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 29 October 2015 for AED 475,000, or AED 1,095 per sqft, in line with the AED 1,096 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 March 2025, is AED 45,000 a year: a gross yield of 9.5% on the 2015 price, before the service charge of about AED 6,800 a year.

Sales and rents for 419 over time

Sales
Unit 419, each saleTypical studio in Glitz Residence 3 Tower 1
400K500K2015201820212024Typical sale price by year: 2015 AED 480,000; 2023 AED 390,000; 2025 AED 515,000Sold by developer, October 2015: AED 475,000 (AED 1,095 per sqft)

419 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 419, each contractTypical studio in Glitz Residence 3 Tower 1
30K40K2018202120242027Typical rent by year: 2018 AED 38,000; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 24,000; 2022 AED 28,000; 2023 AED 32,000; 2024 AED 37,800; 2025 AED 44,000; 2026 AED 43,500New contract, August 2018: AED 38,000 a yearNew contract, August 2019: AED 35,000 a yearNew contract, January 2022: AED 28,000 a yearNew contract, January 2023: AED 32,000 a yearRenewal, January 2024: AED 35,000 a yearNew contract, March 2025: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Glitz Residence 3 Tower 1, and where 419 sits

All 16 studios →

419 last sold in October 2015 at AED 1,095 per sqft, in line with what studios in Glitz Residence 3 Tower 1 were fetching at the time (AED 1,096). Over the last 12 months studios sold for AED 570,000, around AED 1,288 per sqft, and rent for AED 40,000 to 54,000 a year. 419's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Feb 2026570,000
28 Aug 2025525,000
14 Aug 2025515,000
20 Feb 2025460,000
1 studio sale 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

419, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 29 October 2015 for AED 475,000, or AED 1,095 per sqft.
  • Rented since August 2018 on 6 Ejari contracts. The rent fell from AED 38,000 to AED 28,000 in 2022 and recovered to AED 45,000 by March 2025.
  • At AED 45,000 a year the gross yield on the 2015 price is 9.5%, before a service charge of about AED 6,800 a year (AED 15.66 per sqft).
  • Studios in Glitz Residence 3 Tower 1 sold for AED 570,000–570,000 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 March 2025.

Questions about 419, Glitz Residence 3 Tower 1

What did unit 419 last sell for?

AED 475,000 on 29 October 2015, sold by the developer: AED 1,095 per sqft for 433 sqft. It is the only registered sale of the unit.

What is the rent for unit 419?

AED 45,000 a year on the contract signed on 1 March 2025. The previous contract, from January 2024, was AED 35,000; the unit has been rented since August 2018.

How big is unit 419?

433 sqft (40.2 sqm): a studio on the 4th floor of a 8-storey tower completed in 2017.

What is unit 419 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glitz Residence 3 Tower 1 sold for AED 570,000 to 570,000 in the last 12 months, around AED 1,288 per sqft.

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Mortgage on 419, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 475K, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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