405, Glitz Residence 3 Tower 2
Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Glitz Residence 3 Tower 2
What is 405 worth today?
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Source: Dubai Land Department. Updated 16 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,152 sqft
- Floor
- 4th of 8
- Parking
- B-224, B-225
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 18,000 /yr
- Last sold
- AED 950K · September 2024
- Building
- Glitz Residence 3 Tower 2
About 405, Glitz Residence 3 Tower 2
405 is a two-bedroom apartment of 1,152 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 16 September 2024 for AED 950,000, or AED 824 per sqft, in line with the AED 805 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 12 December 2023, is AED 68,250 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 18,000 a year.
Sales and rents for 405 over time
405 has sold twice; the dashed line is the two-bed median of each year in the building.
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 405 sits
All 64 2-beds →405 last sold in September 2024 at AED 824 per sqft, in line with what two-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 805). 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. 405's AED 68,250 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 1,161 sqft | 1,130,000 | 972 | ||
| 4 May 20264 May 2026 | 1,152 sqft | 1,100,000 | 955 | ||
| 14 Dec 202514 December 2025 | 1,293 sqft | 1,089,706 | 842 | ||
| 18 Nov 202518 November 2025 | 1,150 sqft | 1,100,000 | 956 |
Glitz Residence 3 Tower 2
Building176 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%
Other units on the 4th floor
All 176 units in Glitz Residence 3 Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,354 sqft | AED 1.5MAED 1,500,000 · Mar 2025March 2025 | 63,000 /yr | |
| 402 | Studio | 443 sqft | AED 520KAED 520,000 · Oct 2015October 2015 | 41,140 /yr | |
| 403 | 1-bed | 743 sqft | AED 600KAED 600,000 · Jan 2019January 2019 | ||
| 404 | 2-bed | 1,293 sqft | AED 780KAED 780,000 · Sep 2021September 2021 | 68,000 /yr | |
| 406 | 1-bed | 739 sqft | AED 600KAED 600,000 · Mar 2019March 2019 | 50,000 /yr | |
| 407 | 1-bed | 739 sqft | AED 570KAED 570,000 · Jan 2019January 2019 | ||
| 408 | 1-bed | 672 sqft | AED 786KAED 786,000 · Oct 2015October 2015 | 57,000 /yr | |
| 409 | 2-bed | 1,242 sqft | AED 960KAED 960,000 · Apr 2024April 2024 | 80,000 /yr | |
| 410 | 1-bed | 779 sqft | AED 730KAED 730,000 · Nov 2024November 2024 | 50,400 /yr | |
| 411 | 2-bed | 1,162 sqft | AED 1.1MAED 1,095,000 · Aug 2015August 2015 | 78,000 /yr | |
| 412 | 2-bed | 1,161 sqft | AED 925KAED 925,000 · Dec 2023December 2023 | 57,000 /yr | |
| 413 | 3-bed | 1,350 sqft | AED 1.28MAED 1,275,000 · Oct 2024October 2024 | 82,000 /yr | |
| 414 | 1-bed | 820 sqft | AED 890KAED 890,000 · Oct 2015October 2015 | 46,200 /yr | |
| 415 | 1-bed | 666 sqft | AED 796KAED 796,000 · Oct 2015October 2015 | 47,000 /yr | |
| 416 | 1-bed | 739 sqft | AED 825KAED 825,000 · Oct 2015October 2015 | 52,858 /yr | |
| 417 | 1-bed | 739 sqft | AED 830KAED 830,000 · Oct 2015October 2015 | 50,000 /yr | |
| 418 | 1-bed | 672 sqft | AED 725KAED 725,000 · Jul 2025July 2025 | 90,000 /yr | |
| 419 | Studio | 217 sqft | AED 255KAED 255,000 · Mar 2018March 2018 | 47,000 /yr | |
| 420 | 2-bed | 1,150 sqft | AED 775KAED 775,000 · Jul 2022July 2022 | 48,000 /yr | |
| 421 | 2-bed | 1,134 sqft | AED 900KAED 900,000 · Mar 2024March 2024 | 70,000 /yr | |
| 422 | 2-bed | 1,166 sqft | AED 388KAED 387,500 · Aug 2022August 2022 | 82,500 /yr |
405, Glitz Residence 3 Tower 2 in numbers
- Sold twice: first on 16 July 2017 for AED 1,105,000, last on 16 September 2024 for AED 950,000 (AED 824 per sqft).
- Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 76,000 to AED 57,000 in 2021 and recovered to AED 68,250 by December 2023.
- At AED 68,250 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 18,000 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 16 September 2024.
Questions about 405, Glitz Residence 3 Tower 2
What did unit 405 last sell for?
AED 950,000 on 16 September 2024: AED 824 per sqft for 1,152 sqft. The unit has 2 registered sales; the first was AED 1,105,000 in July 2017.
What is the rent for unit 405?
AED 68,250 a year on the contract renewed on 12 December 2023. The previous contract, from December 2022, was AED 65,000; the unit has been rented since September 2018.
How big is unit 405?
1,152 sqft (107.0 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.
What is unit 405 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 405, Glitz Residence 3 Tower 2
Starts from the last sale price (AED 950K, 16 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →