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

407, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in January 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 27 January 2019
Last soldAED 570K27 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Glitz Residence 3 Tower 2

What is 407 worth today?

Last sold for AED 570,000 in 2019

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27 Jan 2019Sold by developerReady
AED 570,000AED 771 per sqft

Source: Dubai Land Department. Updated 27 January 2019.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
4th of 8
Parking
B-252
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 570K · January 2019

About 407, Glitz Residence 3 Tower 2

407 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 27 January 2019 for AED 570,000, or AED 771 per sqft, 11% below the AED 866 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, 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, January 2019: AED 570,000 (AED 771 per sqft)

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

Rents
Unit 407, 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 60,000

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 407 sits

All 80 1-beds →

407 last sold in January 2019 at AED 771 per sqft, 11% below what one-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 866). 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.

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
4061-bedAED 600K · Mar 2019
4081-bedAED 786K · Oct 2015
1–7 of 21

407, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 27 January 2019 for AED 570,000, or AED 771 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 27 January 2019.

Questions about 407, Glitz Residence 3 Tower 2

What did unit 407 last sell for?

AED 570,000 on 27 January 2019, sold by the developer: AED 771 per sqft for 739 sqft. It is the only registered sale of the unit.

How big is unit 407?

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

What is unit 407 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 407, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 570K, 27 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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