2-bed · 1,293 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 4th floor · completed 2017

404, Glitz Residence 3 Tower 2

Sold prices and rental history: sold twice, last in September 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 19 September 2021
Last soldAED 780K19 September 2021
Current rentAED 68K /yr25 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Glitz Residence 3 Tower 2

What is 404 worth today?

Last sold for AED 780,000 in 2021

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19 Sep 2021SoldReady
AED 780,000AED 603 per sqft
25 Jan 2020RentedNew contract
AED 68,000/yr12 months · AED 53 per sqft
1 Jan 2019RentedNew contract
AED 73,000/yr12 months · AED 57 per sqft
25 Oct 2015Sold by developerOff-plan
AED 1,250,000AED 966 per sqft

Source: Dubai Land Department. Updated 19 September 2021.

Key facts

Type
2-bed apartment
Size
1,293 sqft
Floor
4th of 8
Parking
B-172, B-173
Developer
Danube Properties Development
Completed
2017
Service charge
AED 20,200 /yr
Last sold
AED 780K · September 2021

About 404, Glitz Residence 3 Tower 2

404 is a two-bedroom apartment of 1,293 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. It last sold on 19 September 2021 for AED 780,000, or AED 603 per sqft, in line with the AED 600 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 25 January 2020, is AED 68,000 a year: a gross yield of 8.7% on the 2021 price, before the service charge of about AED 20,200 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Glitz Residence 3 Tower 2
500K1M2015201820212024Typical sale price by year: 2015 AED 1,105,000; 2016 AED 1,160,000; 2017 AED 1,150,000; 2019 AED 1,047,088; 2021 AED 690,000; 2022 AED 600,000; 2023 AED 900,000; 2024 AED 968,000; 2025 AED 1,094,853Sold by developer, October 2015: AED 1,250,000 (AED 966 per sqft)Sold, September 2021: AED 780,000 (AED 603 per sqft)

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

Rents
Unit 404, each contractTypical two-bed in Glitz Residence 3 Tower 2
60K80K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 72,000; 2020 AED 58,250; 2021 AED 50,000; 2022 AED 61,000; 2023 AED 71,500; 2024 AED 80,000; 2025 AED 90,000; 2026 AED 88,000New contract, January 2019: AED 73,000 a yearNew contract, January 2020: 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 2, and where 404 sits

All 64 2-beds →

404 last sold in September 2021 at AED 603 per sqft, in line with what two-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 600). Over the last 12 months two-beds sold for AED 1,089,706 to 1,130,000, around AED 956 per sqft, and rent for AED 45,000 to 110,000 a year. 404's AED 68,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20261,130,000
4 May 20261,100,000
14 Dec 20251,089,706
18 Nov 20251,100,000
4 2-bed 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
402StudioAED 520K · Oct 2015
4031-bedAED 600K · Jan 2019
4052-bedAED 950K · Sep 2024
4061-bedAED 600K · Mar 2019
4071-bedAED 570K · Jan 2019
4081-bedAED 786K · Oct 2015
1–7 of 21

404, Glitz Residence 3 Tower 2 in numbers

  • Sold twice: first on 25 October 2015 for AED 1,250,000, last on 19 September 2021 for AED 780,000 (AED 603 per sqft).
  • Rented since January 2019 on 2 Ejari contracts, from AED 73,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2021 price is 8.7%, before a service charge of about AED 20,200 a year (AED 15.66 per sqft).
  • Two-beds in Glitz Residence 3 Tower 2 sold for AED 1,089,706–1,130,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 19 September 2021.

Questions about 404, Glitz Residence 3 Tower 2

What did unit 404 last sell for?

AED 780,000 on 19 September 2021: AED 603 per sqft for 1,293 sqft. The unit has 2 registered sales; the first was AED 1,250,000 in October 2015.

What is the rent for unit 404?

AED 68,000 a year on the contract signed on 25 January 2020. The previous contract, from January 2019, was AED 73,000.

How big is unit 404?

1,293 sqft (120.1 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 404 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 2 sold for AED 1,089,706 to 1,130,000 in the last 12 months, around AED 956 per sqft.

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Mortgage on 404, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 780K, 19 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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