2-bed · 1,161 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 4th floor · completed 2017

412, Glitz Residence 3 Tower 2

Sold prices and rental history: sold twice, last in December 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 6 December 2023
Last soldAED 925K6 December 2023
Current rentAED 57K /yr21 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Glitz Residence 3 Tower 2

What is 412 worth today?

Last sold for AED 925,000 in 2023

Unlock today's estimate, updated daily, with

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

6 Dec 2023SoldReady
AED 925,000AED 796 per sqft
21 Apr 2022RentedNew contract
AED 57,000/yr12 months · AED 49 per sqft
26 Dec 2020RentedNew contract
AED 50,000/yr12 months · AED 43 per sqft
25 Aug 2019RentedNew contract
AED 76,000/yr12 months · AED 65 per sqft
25 Oct 2015Sold by developerOff-plan
AED 1,115,000AED 960 per sqft

Source: Dubai Land Department. Updated 6 December 2023.

Key facts

Type
2-bed apartment
Size
1,161 sqft
Floor
4th of 8
Parking
B-220, B-221
Developer
Danube Properties Development
Completed
2017
Service charge
AED 18,200 /yr
Last sold
AED 925K · December 2023

About 412, Glitz Residence 3 Tower 2

412 is a two-bedroom apartment of 1,161 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 6 December 2023 for AED 925,000, or AED 796 per sqft, 14% above the AED 696 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 21 April 2022, is AED 57,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 18,200 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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 1,115,000 (AED 960 per sqft)Sold, December 2023: AED 925,000 (AED 796 per sqft)

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

Rents
Unit 412, 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, August 2019: AED 76,000 a yearNew contract, December 2020: AED 50,000 a yearNew contract, April 2022: AED 57,000 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 412 sits

All 64 2-beds →

412 last sold in December 2023 at AED 796 per sqft, 14% above what two-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 696). 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. 412's AED 57,000 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
4042-bedAED 780K · Sep 2021
4052-bedAED 950K · Sep 2024
4061-bedAED 600K · Mar 2019
4071-bedAED 570K · Jan 2019
1–7 of 21

412, Glitz Residence 3 Tower 2 in numbers

  • Sold twice: first on 25 October 2015 for AED 1,115,000, last on 6 December 2023 for AED 925,000 (AED 796 per sqft).
  • Rented since August 2019 on 3 Ejari contracts. The rent fell from AED 76,000 to AED 50,000 in 2020 and recovered to AED 57,000 by April 2022.
  • At AED 57,000 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 18,200 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 6 December 2023.

Questions about 412, Glitz Residence 3 Tower 2

What did unit 412 last sell for?

AED 925,000 on 6 December 2023: AED 796 per sqft for 1,161 sqft. The unit has 2 registered sales; the first was AED 1,115,000 in October 2015.

What is the rent for unit 412?

AED 57,000 a year on the contract signed on 21 April 2022. The previous contract, from December 2020, was AED 50,000; the unit has been rented since August 2019.

How big is unit 412?

1,161 sqft (107.9 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 412 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.

Selling 412? 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 412, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 925K, 6 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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