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

416, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 416 · DLD and Ejari recordsUpdated 5 May 2024

Last soldAED 825K27 October 2015

Current rentAED 53K /yr5 May 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 416, Glitz Residence 3 Tower 2

Today

What is 416 worth today?

Last sold for AED 825,000 in 2015

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5 May 2024

5 May 2024RentedRenewal

AED 52,858/yr12 months · AED 71 per sqft

5 May 2023

5 May 2023RentedNew contract

AED 48,000/yr12 months · AED 65 per sqft

25 Jul 2022

25 Jul 2022RentedRenewal

AED 31,855/yr8 months · AED 43 per sqft

25 Jul 2021

25 Jul 2021RentedNew contract

AED 32,000/yr12 months · AED 43 per sqft

1 Aug 2019

1 Aug 2019RentedRenewal

AED 50,000/yr12 months · AED 67 per sqft

1 Aug 2018

1 Aug 2018RentedNew contract

AED 55,000/yr12 months · AED 74 per sqft

27 Oct 2015

27 Oct 2015Sold by developerOff-plan

AED 825,000AED 1,116 per sqft

Source: Dubai Land Department. Updated 5 May 2024.

Key facts

Type: 1-bed apartment
Size: 739 sqft
Floor: 4th of 8
Parking: B-256
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 11,600 /yr
Last sold: AED 825K · October 2015
Building: Glitz Residence 3 Tower 2

About 416, Glitz Residence 3 Tower 2

416 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 October 2015 for AED 825,000, or AED 1,116 per sqft, in line with the AED 1,123 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 5 May 2024, is AED 52,858 a year: a gross yield of 6.4% on the 2015 price, before the service charge of about AED 11,600 a year.

Sales and rents for 416 over time

Sales

Unit 416, each saleTypical one-bed in Glitz Residence 3 Tower 2

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

Rents

Unit 416, each contractTypical one-bed in Glitz Residence 3 Tower 2

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 416 sits

All 80 1-beds →

1-beds in Glitz Residence 3 Tower 2 · last 12 months1,039 /sqft Glitz Residence 3 Tower 2 · all types973 /sqft

416 last sold in October 2015 at AED 1,116 per sqft, in line with 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. 416's AED 52,858 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
9 Jul 20269 July 2026	739 sqft	720,000	974
27 Jun 202627 June 2026	673 sqft	705,000	1,047
13 Feb 202613 February 2026	673 sqft	700,000	1,039
27 Aug 202527 August 2025	743 sqft	750,000	1,009

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


401	3-bed	1,354 sqft	AED 1.5MAED 1,500,000 · Mar 2025March 2025	63,000 /yr
402	Studio	443 sqft	AED 520KAED 520,000 · Oct 2015October 2015	41,140 /yr
403	1-bed	743 sqft	AED 600KAED 600,000 · Jan 2019January 2019
404	2-bed	1,293 sqft	AED 780KAED 780,000 · Sep 2021September 2021	68,000 /yr
405	2-bed	1,152 sqft	AED 950KAED 950,000 · Sep 2024September 2024	68,250 /yr
406	1-bed	739 sqft	AED 600KAED 600,000 · Mar 2019March 2019	50,000 /yr
407	1-bed	739 sqft	AED 570KAED 570,000 · Jan 2019January 2019
408	1-bed	672 sqft	AED 786KAED 786,000 · Oct 2015October 2015	57,000 /yr
409	2-bed	1,242 sqft	AED 960KAED 960,000 · Apr 2024April 2024	80,000 /yr
410	1-bed	779 sqft	AED 730KAED 730,000 · Nov 2024November 2024	50,400 /yr
411	2-bed	1,162 sqft	AED 1.1MAED 1,095,000 · Aug 2015August 2015	78,000 /yr
412	2-bed	1,161 sqft	AED 925KAED 925,000 · Dec 2023December 2023	57,000 /yr
413	3-bed	1,350 sqft	AED 1.28MAED 1,275,000 · Oct 2024October 2024	82,000 /yr
414	1-bed	820 sqft	AED 890KAED 890,000 · Oct 2015October 2015	46,200 /yr
415	1-bed	666 sqft	AED 796KAED 796,000 · Oct 2015October 2015	47,000 /yr
417	1-bed	739 sqft	AED 830KAED 830,000 · Oct 2015October 2015	50,000 /yr
418	1-bed	672 sqft	AED 725KAED 725,000 · Jul 2025July 2025	90,000 /yr
419	Studio	217 sqft	AED 255KAED 255,000 · Mar 2018March 2018	47,000 /yr
420	2-bed	1,150 sqft	AED 775KAED 775,000 · Jul 2022July 2022	48,000 /yr
421	2-bed	1,134 sqft	AED 900KAED 900,000 · Mar 2024March 2024	70,000 /yr
422	2-bed	1,166 sqft	AED 388KAED 387,500 · Aug 2022August 2022	82,500 /yr

1–7 of 21

416, Glitz Residence 3 Tower 2 in numbers

Sold once: by Danube Properties Development on 27 October 2015 for AED 825,000, or AED 1,116 per sqft.
Rented since August 2018 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 31,855 in 2022 and recovered to AED 52,858 by May 2024.
At AED 52,858 a year the gross yield on the 2015 price is 6.4%, 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 5 May 2024.

Questions about 416, Glitz Residence 3 Tower 2

What did unit 416 last sell for?

AED 825,000 on 27 October 2015, sold by the developer: AED 1,116 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 416?

AED 52,858 a year on the contract renewed on 5 May 2024. The previous contract, from May 2023, was AED 48,000; the unit has been rented since August 2018.

How big is unit 416?

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

What is unit 416 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 416, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 825K, 27 October 2015). Switch to today's estimate once you have unlocked it.

Price: AED 825,000
Deposit, UAE resident (20%): AED 165,000
Deposit, non-resident (40%): AED 330,000
Monthly over 25 years at 3.7%: AED 3,375

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