2-bed · 1,150 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 4th floor · completed 2017

420, Glitz Residence 3 Tower 2

Sold prices and rental history: sold twice, last in July 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 420 · DLD and Ejari recordsUpdated 14 July 2022
Last soldAED 775K14 July 2022
Current rentAED 48K /yr13 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 420, Glitz Residence 3 Tower 2

What is 420 worth today?

Last sold for AED 775,000 in 2022

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14 Jul 2022SoldReady
AED 775,000AED 674 per sqft
13 May 2021RentedNew contract
AED 48,000/yr12 months · AED 42 per sqft
2 Nov 2019RentedRenewal
AED 75,000/yr12 months · AED 65 per sqft
2 Nov 2018RentedNew contract
AED 73,000/yr12 months · AED 63 per sqft
26 Jul 2015Sold by developerOff-plan
AED 1,105,000AED 961 per sqft

Source: Dubai Land Department. Updated 14 July 2022.

Key facts

Type
2-bed apartment
Size
1,150 sqft
Floor
4th of 8
Parking
B-200, B-201
Developer
Danube Properties Development
Completed
2017
Service charge
AED 18,000 /yr
Last sold
AED 775K · July 2022

About 420, Glitz Residence 3 Tower 2

420 is a two-bedroom apartment of 1,150 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 14 July 2022 for AED 775,000, or AED 674 per sqft, 12% above the AED 603 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 13 May 2021, is AED 48,000 a year: a gross yield of 6.2% on the 2022 price, before the service charge of about AED 18,000 a year.

Sales and rents for 420 over time

Sales
Unit 420, 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, July 2015: AED 1,105,000 (AED 961 per sqft)Sold, July 2022: AED 775,000 (AED 674 per sqft)

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

Rents
Unit 420, 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, November 2018: AED 73,000 a yearRenewal, November 2019: AED 75,000 a yearNew contract, May 2021: AED 48,000 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 420 sits

All 64 2-beds →

420 last sold in July 2022 at AED 674 per sqft, 12% above what two-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 603). 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. 420's AED 48,000 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

420, Glitz Residence 3 Tower 2 in numbers

  • Sold twice: first on 26 July 2015 for AED 1,105,000, last on 14 July 2022 for AED 775,000 (AED 674 per sqft).
  • Rented since November 2018 on 3 Ejari contracts, from AED 73,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2022 price is 6.2%, before a service charge of about AED 18,000 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 14 July 2022.

Questions about 420, Glitz Residence 3 Tower 2

What did unit 420 last sell for?

AED 775,000 on 14 July 2022: AED 674 per sqft for 1,150 sqft. The unit has 2 registered sales; the first was AED 1,105,000 in July 2015.

What is the rent for unit 420?

AED 48,000 a year on the contract signed on 13 May 2021. The previous contract, from November 2019, was AED 75,000; the unit has been rented since November 2018.

How big is unit 420?

1,150 sqft (106.8 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 420 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.

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Mortgage on 420, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 775K, 14 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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