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

417, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in October 2015, and rented once, from May 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 417 · DLD and Ejari recordsUpdated 22 May 2019
Last soldAED 830K25 October 2015
Current rentAED 50K /yr22 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 417, Glitz Residence 3 Tower 2

What is 417 worth today?

Last sold for AED 830,000 in 2015

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22 May 2019RentedNew contract
AED 50,000/yr12 months · AED 67 per sqft
25 Oct 2015Sold by developerOff-plan
AED 830,000AED 1,123 per sqft

Source: Dubai Land Department. Updated 22 May 2019.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
4th of 8
Parking
B-257
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 830K · October 2015
Building
Glitz Residence 3 Tower 2

About 417, Glitz Residence 3 Tower 2

417 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 25 October 2015 for AED 830,000, or AED 1,123 per sqft, in line with the AED 1,123 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 May 2019. The current contract, signed on 22 May 2019, is AED 50,000 a year: a gross yield of 6.0% on the 2015 price, before the service charge of about AED 11,600 a year.

Sales and rents for 417 over time

Sales
Unit 417, 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 830,000 (AED 1,123 per sqft)

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

Rents
Unit 417, 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, May 2019: AED 50,000 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 417 sits

All 80 1-beds →

417 last sold in October 2015 at AED 1,123 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. 417's AED 50,000 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

417, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 25 October 2015 for AED 830,000, or AED 1,123 per sqft.
  • Rented since May 2019 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2015 price is 6.0%, 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 22 May 2019.

Questions about 417, Glitz Residence 3 Tower 2

What did unit 417 last sell for?

AED 830,000 on 25 October 2015, sold by the developer: AED 1,123 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 417?

AED 50,000 a year on the contract signed on 22 May 2019.

How big is unit 417?

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

What is unit 417 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 417, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 830K, 25 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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