1-bed · 739 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 4th floor · completed 2017

406, Glitz Residence 3 Tower 2

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

Unit 406 · DLD and Ejari recordsUpdated 19 September 2026
Last soldAED 600K18 March 2019
Current rentAED 50K /yr19 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Glitz Residence 3 Tower 2

What is 406 worth today?

Last sold for AED 600,000 in 2019

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19 Sep 2026RentedNew contract
AED 50,000/yr12 months · AED 68 per sqft
15 Aug 2025RentedRenewal
AED 55,545/yr12 months · AED 75 per sqft
15 Aug 2024RentedRenewal
AED 52,900/yr12 months · AED 72 per sqft
15 Aug 2023RentedRenewal
AED 46,000/yr12 months · AED 62 per sqft
15 Aug 2022RentedRenewal
AED 41,400/yr12 months · AED 56 per sqft
15 Aug 2021RentedNew contract
AED 36,000/yr12 months · AED 49 per sqft
16 Jul 2020RentedNew contract
AED 35,000/yr12 months · AED 47 per sqft
22 May 2019RentedNew contract
AED 47,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 19 September 2026.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
4th of 8
Parking
B-251
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 600K · March 2019

About 406, Glitz Residence 3 Tower 2

406 is a one-bedroom apartment of 739 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 18 March 2019 for AED 600,000, or AED 812 per sqft, in line with the AED 812 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 19 September 2026, is AED 50,000 a year: a gross yield of 8.3% on the 2019 price, before the service charge of about AED 11,600 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Glitz Residence 3 Tower 2
600K800K20152018202120242027Typical sale price by year: 2015 AED 830,000; 2016 AED 820,000; 2018 AED 815,050; 2019 AED 585,000; 2021 AED 482,500; 2022 AED 522,500; 2024 AED 640,000; 2025 AED 700,000; 2026 AED 705,000Sold by developer, March 2019: AED 600,000 (AED 812 per sqft)

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

Rents
Unit 406, each contractTypical one-bed in Glitz Residence 3 Tower 2
40K60K2018202120242027Typical rent by year: 2018 AED 52,000; 2019 AED 50,000; 2020 AED 45,000; 2021 AED 36,000; 2022 AED 41,200; 2023 AED 47,125; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 60,000New contract, May 2019: AED 47,000 a yearNew contract, July 2020: AED 35,000 a yearNew contract, August 2021: AED 36,000 a yearRenewal, August 2022: AED 41,400 a yearRenewal, August 2023: AED 46,000 a yearRenewal, August 2024: AED 52,900 a yearRenewal, August 2025: AED 55,545 a yearNew contract, September 2026: AED 50,000 a year

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

1-beds in Glitz Residence 3 Tower 2, and where 406 sits

All 80 1-beds →

406 last sold in March 2019 at AED 812 per sqft, in line with what one-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 812). Over the last 12 months one-beds sold for AED 700,000 to 720,000, around AED 1,039 per sqft, and rent for AED 50,000 to 78,000 a year. 406's AED 50,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jul 2026720,000
27 Jun 2026705,000
13 Feb 2026700,000
27 Aug 2025750,000
3 1-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
4042-bedAED 780K · Sep 2021
4052-bedAED 950K · Sep 2024
4071-bedAED 570K · Jan 2019
4081-bedAED 786K · Oct 2015
1–7 of 21

406, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 18 March 2019 for AED 600,000, or AED 812 per sqft.
  • Rented since May 2019 on 8 Ejari contracts. The rent fell from AED 47,000 to AED 35,000 in 2020 and recovered to AED 50,000 by September 2026.
  • At AED 50,000 a year the gross yield on the 2019 price is 8.3%, before a service charge of about AED 11,600 a year (AED 15.66 per sqft).
  • One-beds in Glitz Residence 3 Tower 2 sold for AED 700,000–720,000 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 2026.

Questions about 406, Glitz Residence 3 Tower 2

What did unit 406 last sell for?

AED 600,000 on 18 March 2019, sold by the developer: AED 812 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 50,000 a year on the contract signed on 19 September 2026. The previous contract, from August 2025, was AED 55,545; the unit has been rented since May 2019.

How big is unit 406?

739 sqft (68.7 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Glitz Residence 3 Tower 2 sold for AED 700,000 to 720,000 in the last 12 months, around AED 1,039 per sqft.

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Mortgage on 406, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 600K, 18 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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