1-bed · 820 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 4th floor · completed 2017

414, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 414 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 890K27 October 2015
Current rentAED 46K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 414, Glitz Residence 3 Tower 2

What is 414 worth today?

Last sold for AED 890,000 in 2015

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1 Dec 2023RentedRenewal
AED 46,200/yr12 months · AED 56 per sqft
1 Dec 2022RentedRenewal
AED 44,000/yr12 months · AED 54 per sqft
1 Dec 2021RentedNew contract
AED 42,000/yr12 months · AED 51 per sqft
20 Jun 2020RentedNew contract
AED 45,000/yr13 months · AED 55 per sqft
27 Oct 2015Sold by developerOff-plan
AED 890,000AED 1,085 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
1-bed apartment
Size
820 sqft
Floor
4th of 8
Parking
B-72
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,800 /yr
Last sold
AED 890K · October 2015

About 414, Glitz Residence 3 Tower 2

414 is a one-bedroom apartment of 820 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 October 2015 for AED 890,000, or AED 1,085 per sqft, 3% below the AED 1,123 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 46,200 a year: a gross yield of 5.2% on the 2015 price, before the service charge of about AED 12,800 a year.

Sales and rents for 414 over time

Sales
Unit 414, 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, October 2015: AED 890,000 (AED 1,085 per sqft)

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

Rents
Unit 414, 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, June 2020: AED 45,000 a yearNew contract, December 2021: AED 42,000 a yearRenewal, December 2022: AED 44,000 a yearRenewal, December 2023: AED 46,200 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 414 sits

All 80 1-beds →

414 last sold in October 2015 at AED 1,085 per sqft, 3% below what one-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 1,123). 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. 414's AED 46,200 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
4061-bedAED 600K · Mar 2019
4071-bedAED 570K · Jan 2019
1–7 of 21

414, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 27 October 2015 for AED 890,000, or AED 1,085 per sqft.
  • Rented since June 2020 on 4 Ejari contracts, from AED 45,000 to AED 46,200 a year.
  • At AED 46,200 a year the gross yield on the 2015 price is 5.2%, before a service charge of about AED 12,800 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 1 December 2023.

Questions about 414, Glitz Residence 3 Tower 2

What did unit 414 last sell for?

AED 890,000 on 27 October 2015, sold by the developer: AED 1,085 per sqft for 820 sqft. It is the only registered sale of the unit.

What is the rent for unit 414?

AED 46,200 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 44,000; the unit has been rented since June 2020.

How big is unit 414?

820 sqft (76.2 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 414 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 414, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 890K, 27 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 890,000
Deposit, UAE resident (20%)
AED 178,000
Deposit, non-resident (40%)
AED 356,000
Monthly over 25 years at 3.7%
AED 3,641

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