Studio · 443 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 4th floor · completed 2017

402, Glitz Residence 3 Tower 2

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

Unit 402 · DLD and Ejari recordsUpdated 14 April 2026
Last soldAED 520K27 October 2015
Current rentAED 41K /yr14 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Glitz Residence 3 Tower 2

What is 402 worth today?

Last sold for AED 520,000 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Apr 2026RentedRenewal
AED 41,140/yr12 months · AED 93 per sqft
14 Apr 2025RentedRenewal
AED 37,400/yr12 months · AED 85 per sqft
14 Apr 2025RentedRenewal
AED 37,400/yr12 months · AED 85 per sqft
14 Apr 2024RentedRenewal
AED 34,000/yr12 months · AED 77 per sqft
14 Apr 2023RentedRenewal
AED 30,500/yr12 months · AED 69 per sqft
14 Apr 2022RentedRenewal
AED 28,750/yr12 months · AED 65 per sqft
14 Apr 2021RentedNew contract
AED 25,000/yr12 months · AED 56 per sqft
2 Feb 2020RentedRenewal
AED 30,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 14 April 2026.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
4th of 8
Parking
B-84
Developer
Danube Properties Development
Completed
2017
Service charge
AED 6,900 /yr
Last sold
AED 520K · October 2015

About 402, Glitz Residence 3 Tower 2

402 is a studio of 443 sqft on the 4th floor of Glitz Residence 3 Tower 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 27 October 2015 for AED 520,000, or AED 1,175 per sqft, in line with the AED 1,175 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 14 April 2026, is AED 41,140 a year: a gross yield of 7.9% on the 2015 price, before the service charge of about AED 6,900 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical studio in Glitz Residence 3 Tower 2
400K500K2015201820212024Typical sale price by year: 2015 AED 510,000; 2023 AED 350,000; 2025 AED 525,000Sold by developer, October 2015: AED 520,000 (AED 1,175 per sqft)

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

Rents
Unit 402, each contractTypical studio in Glitz Residence 3 Tower 2
30K40K2018202120242027Typical rent by year: 2018 AED 38,000; 2019 AED 32,500; 2020 AED 28,463; 2021 AED 26,500; 2022 AED 28,375; 2023 AED 30,800; 2024 AED 40,000; 2025 AED 42,500; 2026 AED 45,000New contract, February 2019: AED 38,000 a yearRenewal, February 2020: AED 30,000 a yearNew contract, April 2021: AED 25,000 a yearRenewal, April 2022: AED 28,750 a yearRenewal, April 2023: AED 30,500 a yearRenewal, April 2024: AED 34,000 a yearRenewal, April 2025: AED 37,400 a yearRenewal, April 2025: AED 37,400 a yearRenewal, April 2026: AED 41,140 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 2, and where 402 sits

All 16 studios →

402 last sold in October 2015 at AED 1,175 per sqft, in line with what studios in Glitz Residence 3 Tower 2 were fetching at the time (AED 1,175). Over the last 12 months studios sold for AED 525,000 to 560,000, around AED 1,239 per sqft, and rent for AED 40,425 to 48,000 a year. 402's AED 41,140 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Dec 2025560,000
18 Nov 2025525,000
2 Oct 2025597,375
28 Aug 2025590,000
2 studio sales in the last 12 months

Glitz Residence 3 Tower 2

Building

176 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 10 sold in the last 12 months.

Typical price per sqft
AED 973 Down 2.4%
Typical sale
AED 905K
Typical rent
AED 62K /yr
Typical yield
8.2%
Glitz Residence 3 Tower 2, Dubai Studio City: prices, sales and rents →

Other units on the 4th floor

All 176 units in Glitz Residence 3 Tower 2
Value
4013-bedAED 1.5M · Mar 2025
4031-bedAED 600K · Jan 2019
4042-bedAED 780K · Sep 2021
4052-bedAED 950K · Sep 2024
4061-bedAED 600K · Mar 2019
4071-bedAED 570K · Jan 2019
4081-bedAED 786K · Oct 2015
1–7 of 21

402, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 27 October 2015 for AED 520,000, or AED 1,175 per sqft.
  • Rented since February 2019 on 9 Ejari contracts. The rent fell from AED 38,000 to AED 25,000 in 2021 and recovered to AED 41,140 by April 2026.
  • At AED 41,140 a year the gross yield on the 2015 price is 7.9%, before a service charge of about AED 6,900 a year (AED 15.66 per sqft).
  • Studios in Glitz Residence 3 Tower 2 sold for AED 525,000–560,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 14 April 2026.

Questions about 402, Glitz Residence 3 Tower 2

What did unit 402 last sell for?

AED 520,000 on 27 October 2015, sold by the developer: AED 1,175 per sqft for 443 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 41,140 a year on the contract renewed on 14 April 2026. The previous contract, from April 2025, was AED 37,400; the unit has been rented since February 2019.

How big is unit 402?

443 sqft (41.2 sqm): a studio on the 4th floor of a 8-storey tower completed in 2017.

What is unit 402 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 2 sold for AED 525,000 to 560,000 in the last 12 months, around AED 1,239 per sqft.

Selling 402? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 402, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 520K, 27 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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