2-bed · 1,134 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 4th floor · completed 2017

421, 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 421 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 1.09M29 October 2015
Current rentAED 68K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 421, Glitz Residence 3 Tower 1

What is 421 worth today?

Last sold for AED 1,085,000 in 2015

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1 Jun 2025RentedRenewal
AED 68,000/yr12 months · AED 60 per sqft
1 Jun 2024RentedNew contract
AED 65,000/yr12 months · AED 57 per sqft
1 Jun 2020RentedNew contract
AED 50,000/yr12 months · AED 44 per sqft
10 Nov 2018RentedNew contract
AED 70,000/yr12 months · AED 62 per sqft
29 Oct 2015Sold by developerOff-plan
AED 1,085,000AED 956 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
2-bed apartment
Size
1,134 sqft
Floor
4th of 8
Parking
B-334, B-335
Developer
Danube Properties Development
Completed
2017
Service charge
AED 17,800 /yr
Last sold
AED 1.09M · October 2015

About 421, Glitz Residence 3 Tower 1

421 is a two-bedroom apartment of 1,134 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 1,085,000, or AED 956 per sqft, in line with the AED 956 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 68,000 a year: a gross yield of 6.3% on the 2015 price, before the service charge of about AED 17,800 a year.

Sales and rents for 421 over time

Sales
Unit 421, each saleTypical two-bed in Glitz Residence 3 Tower 1
1M20152018202120242027Typical sale price by year: 2015 AED 1,095,000; 2016 AED 1,115,000; 2017 AED 1,112,500; 2018 AED 1,105,000; 2019 AED 1,019,100; 2023 AED 850,000; 2024 AED 1,000,000; 2025 AED 1,120,000; 2026 AED 1,120,000Sold by developer, October 2015: AED 1,085,000 (AED 956 per sqft)

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

Rents
Unit 421, each contractTypical two-bed in Glitz Residence 3 Tower 1
60K80K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 72,000; 2020 AED 58,000; 2021 AED 54,000; 2022 AED 60,000; 2023 AED 68,250; 2024 AED 71,652; 2025 AED 80,262; 2026 AED 84,000New contract, November 2018: AED 70,000 a yearNew contract, June 2020: AED 50,000 a yearNew contract, June 2024: AED 65,000 a yearRenewal, June 2025: AED 68,000 a year

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 421 sits

All 64 2-beds →

421 last sold in October 2015 at AED 956 per sqft, in line with what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 956). 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. 421's AED 68,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 May 20261,200,000
6 Apr 20261,190,000
6 Apr 20261,170,000
10 Mar 20261,100,000
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
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

421, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 29 October 2015 for AED 1,085,000, or AED 956 per sqft.
  • Rented since November 2018 on 4 Ejari contracts. The rent fell from AED 70,000 to AED 50,000 in 2020 and recovered to AED 68,000 by June 2025.
  • At AED 68,000 a year the gross yield on the 2015 price is 6.3%, before a service charge of about AED 17,800 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 1 June 2025.

Questions about 421, Glitz Residence 3 Tower 1

What did unit 421 last sell for?

AED 1,085,000 on 29 October 2015, sold by the developer: AED 956 per sqft for 1,134 sqft. It is the only registered sale of the unit.

What is the rent for unit 421?

AED 68,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 65,000; the unit has been rented since November 2018.

How big is unit 421?

1,134 sqft (105.4 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 421 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 421, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.09M, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,085,000
Deposit, UAE resident (20%)
AED 217,000
Deposit, non-resident (40%)
AED 434,000
Monthly over 25 years at 3.7%
AED 4,439

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