401, Glitz Residence 3 Tower 1
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Glitz Residence 3 Tower 1
What is 401 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 December 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,354 sqft
- Floor
- 4th of 8
- Parking
- B-427, B-428
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 21,200 /yr
- Last sold
- AED 1.35M · October 2015
- Building
- Glitz Residence 3 Tower 1
About 401, Glitz Residence 3 Tower 1
401 is a three-bedroom apartment of 1,354 sqft on the 4th floor of Glitz Residence 3 Tower 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 29 October 2015 for AED 1,350,000, or AED 996 per sqft, in line with the AED 999 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 7 December 2024, is AED 115,000 a year: a gross yield of 8.5% on the 2015 price, before the service charge of about AED 21,200 a year.
Sales and rents for 401 over time
401 has sold once; the dashed line is the three-bed median of each year in the building.
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 1, and where 401 sits
All 16 3-beds →401 last sold in October 2015 at AED 996 per sqft, in line with what three-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 999). Over the last 12 months three-beds sold for AED 1,275,000, around AED 941 per sqft, and rent for AED 90,957 to 105,000 a year.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Feb 20263 February 2026 | 1,354 sqft | 1,275,000 | 941 | ||
| 3 Mar 20253 March 2025 | 1,350 sqft | 1,420,000 | 1,051 | ||
| 3 Oct 20243 October 2024 | 1,350 sqft | 1,340,000 | 992 | ||
| 4 Nov 20224 November 2022 | 1,354 sqft | 890,000 | 657 |
Glitz Residence 3 Tower 1
Building176 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 6 sold in the last 12 months.
- Typical price per sqft
- AED 960
- Typical sale
- AED 1.08M
- Typical rent
- AED 63K /yr
- Typical yield
- 8.1%
Other units on the 4th floor
All 176 units in Glitz Residence 3 Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | Studio | 443 sqft | AED 485KAED 485,000 · Oct 2015October 2015 | 40,000 /yr | |
| 403 | 1-bed | 743 sqft | AED 820KAED 820,000 · Jul 2015July 2015 | 55,000 /yr | |
| 404 | 2-bed | 1,293 sqft | AED 1.25MAED 1,250,000 · Oct 2015October 2015 | 95,000 /yr | |
| 405 | 2-bed | 1,152 sqft | AED 1.1MAED 1,095,000 · May 2016May 2016 | 90,000 /yr | |
| 406 | 1-bed | 739 sqft | AED 820KAED 820,000 · Sep 2015September 2015 | 60,000 /yr | |
| 407 | 1-bed | 739 sqft | AED 820KAED 820,000 · Oct 2015October 2015 | 56,000 /yr | |
| 408 | 1-bed | 672 sqft | AED 786KAED 786,000 · Sep 2015September 2015 | ||
| 409 | 2-bed | 1,242 sqft | AED 1.21MAED 1,210,000 · Oct 2016October 2016 | 66,150 /yr | |
| 410 | 1-bed | 779 sqft | AED 745KAED 745,000 · May 2025May 2025 | 65,000 /yr | |
| 411 | 2-bed | 1,162 sqft | AED 1.1MAED 1,095,000 · Oct 2015October 2015 | 85,000 /yr | |
| 412 | 2-bed | 1,161 sqft | AED 1.1MAED 1,095,000 · Jul 2015July 2015 | 80,000 /yr | |
| 413 | 3-bed | 1,350 sqft | AED 1.38MAED 1,375,000 · Oct 2015October 2015 | 126,000 /yr | |
| 414 | 1-bed | 820 sqft | AED 895KAED 895,000 · Sep 2015September 2015 | 62,000 /yr | |
| 415 | 1-bed | 666 sqft | AED 786KAED 786,000 · Sep 2015September 2015 | 57,750 /yr | |
| 416 | 1-bed | 739 sqft | AED 820KAED 820,000 · Sep 2015September 2015 | 54,000 /yr | |
| 417 | 1-bed | 739 sqft | AED 820KAED 820,000 · Oct 2015October 2015 | 65,000 /yr | |
| 418 | 672 sqft | AED 750KAED 750,000 · Aug 2025August 2025 | 60,000 /yr | ||
| 419 | Studio | 433 sqft | AED 475KAED 475,000 · Oct 2015October 2015 | 45,000 /yr | |
| 420 | 2-bed | 1,150 sqft | AED 1.09MAED 1,085,000 · Jul 2015July 2015 | 90,000 /yr | |
| 421 | 2-bed | 1,134 sqft | AED 1.09MAED 1,085,000 · Oct 2015October 2015 | 68,000 /yr | |
| 422 | 2-bed | 1,166 sqft | AED 1.16MAED 1,160,000 · Oct 2015October 2015 | 93,000 /yr |
401, Glitz Residence 3 Tower 1 in numbers
- Sold once: by Danube Properties Development on 29 October 2015 for AED 1,350,000, or AED 996 per sqft.
- Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 65,000 in 2020 and recovered to AED 115,000 by December 2024.
- At AED 115,000 a year the gross yield on the 2015 price is 8.5%, before a service charge of about AED 21,200 a year (AED 15.66 per sqft).
- Three-beds in Glitz Residence 3 Tower 1 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 960 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 7 December 2024.
Questions about 401, Glitz Residence 3 Tower 1
What did unit 401 last sell for?
AED 1,350,000 on 29 October 2015, sold by the developer: AED 996 per sqft for 1,354 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 115,000 a year on the contract renewed on 7 December 2024. The previous contract, from December 2023, was AED 115,000; the unit has been rented since February 2019.
How big is unit 401?
1,354 sqft (125.8 sqm): a three-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.
What is unit 401 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 1 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 401, Glitz Residence 3 Tower 1
Starts from the last sale price (AED 1.35M, 29 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →