3-bed · 1,350 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 4th floor · completed 2017

413, Glitz Residence 3 Tower 2

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 413 · DLD and Ejari recordsUpdated 30 October 2024
Last soldAED 1.28M30 October 2024
Current rentAED 82K /yr12 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 413, Glitz Residence 3 Tower 2

What is 413 worth today?

Last sold for AED 1,275,000 in 2024

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30 Oct 2024SoldReady
AED 1,275,000AED 944 per sqft
12 Apr 2024RentedRenewal
AED 82,000/yr12 months · AED 61 per sqft
12 Apr 2023RentedNew contract
AED 82,000/yr12 months · AED 61 per sqft
5 Dec 2021RentedNew contract
AED 75,000/yr12 months · AED 56 per sqft
1 Dec 2018RentedNew contract
AED 95,000/yr12 months · AED 71 per sqft
27 Oct 2015Sold by developerOff-plan
AED 1,375,000AED 1,018 per sqft

Source: Dubai Land Department. Updated 30 October 2024.

Key facts

Type
3-bed apartment
Size
1,350 sqft
Floor
4th of 8
Parking
B-115, B-116
Developer
Danube Properties Development
Completed
2017
Service charge
AED 21,100 /yr
Last sold
AED 1.28M · October 2024

About 413, Glitz Residence 3 Tower 2

413 is a three-bedroom apartment of 1,350 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 30 October 2024 for AED 1,275,000, or AED 944 per sqft.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 12 April 2024, is AED 82,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 21,100 a year.

Sales and rents for 413 over time

Sales
Unit 413, each saleTypical three-bed in Glitz Residence 3 Tower 2
1M2015201820212024Typical sale price by year: 2015 AED 1,350,000; 2021 AED 800,000; 2023 AED 1,025,000Sold by developer, October 2015: AED 1,375,000 (AED 1,018 per sqft)Sold, October 2024: AED 1,275,000 (AED 944 per sqft)

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

Rents
Unit 413, each contractTypical three-bed in Glitz Residence 3 Tower 2
75K100K2018202120242027Typical rent by year: 2018 AED 81,500; 2019 AED 80,000; 2020 AED 68,000; 2021 AED 68,841; 2022 AED 71,500; 2023 AED 80,000; 2024 AED 100,000; 2025 AED 110,000; 2026 AED 112,500New contract, December 2018: AED 95,000 a yearNew contract, December 2021: AED 75,000 a yearNew contract, April 2023: AED 82,000 a yearRenewal, April 2024: AED 82,000 a year

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

3-beds in Glitz Residence 3 Tower 2, and where 413 sits

All 16 3-beds →

Over the last 12 months three-beds sold for AED 1,275,000, around AED 941 per sqft, and rent for AED 105,000 to 118,000 a year. 413's AED 82,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Nov 20261,275,000
1 Sep 20251,400,000
28 Mar 20251,500,000
17 Jan 20241,250,000
1 3-bed sale 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

413, Glitz Residence 3 Tower 2 in numbers

  • Sold twice: first on 27 October 2015 for AED 1,375,000, last on 30 October 2024 for AED 1,275,000 (AED 944 per sqft).
  • Rented since December 2018 on 4 Ejari contracts, from AED 95,000 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 21,100 a year (AED 15.66 per sqft).
  • Three-beds in Glitz Residence 3 Tower 2 sold for AED 1,275,000–1,275,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 30 October 2024.

Questions about 413, Glitz Residence 3 Tower 2

What did unit 413 last sell for?

AED 1,275,000 on 30 October 2024: AED 944 per sqft for 1,350 sqft. The unit has 2 registered sales; the first was AED 1,375,000 in October 2015.

What is the rent for unit 413?

AED 82,000 a year on the contract renewed on 12 April 2024. The previous contract, from April 2023, was AED 82,000; the unit has been rented since December 2018.

How big is unit 413?

1,350 sqft (125.4 sqm): a three-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 413 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Glitz Residence 3 Tower 2 sold for AED 1,275,000 to 1,275,000 in the last 12 months, around AED 941 per sqft.

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Mortgage on 413, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 1.28M, 30 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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