402, Glitz Residence 3 Tower 2
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 402, Glitz Residence 3 Tower 2
What is 402 worth today?
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Source: Dubai Land Department. Updated 14 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 443 sqft
- Floor
- 4th of 8
- Parking
- B-84
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 6,900 /yr
- Last sold
- AED 520K · October 2015
- Building
- Glitz Residence 3 Tower 2
About 402, Glitz Residence 3 Tower 2
402 is a studio of 443 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 520,000, or AED 1,175 per sqft, in line with the AED 1,176 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 14 April 2025, is AED 37,400 a year: a gross yield of 7.2% on the 2015 price, before the service charge of about AED 6,900 a year.
Sales and rents for 402 over time
402 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Glitz Residence 3 Tower 2, and where 402 sits
All 12 studios →402 last sold in October 2015 at AED 1,175 per sqft, in line with what studios in Glitz Residence 3 Tower 2 were fetching at the time (AED 1,176). Over the last 12 months studios sold for AED 525,000 to 560,000, around AED 1,239 per sqft, and rent for AED 48,000 to 48,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Dec 202526 December 2025 | 433 sqft | 560,000 | 1,291 | ||
| 18 Apr 202518 April 2025 | 433 sqft | 510,000 | 1,176 | ||
| 18 Feb 202518 February 2025 | 433 sqft | 430,000 | 992 | ||
| 28 May 202428 May 2024 | 443 sqft | 450,000 | 1,016 |
Glitz Residence 3 Tower 2
Building176 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,039
- Typical sale
- AED 700K
- Typical rent
- AED 64K /yr
- Typical yield
- 8.1%
Other units on the 4th floor
All 176 units in Glitz Residence 3 Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,354 sqft | AED 1.5MAED 1,500,000 · Mar 2025March 2025 | 63,000 /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 | 55,545 /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 | 48,000 /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 | |
| 416 | 1-bed | 739 sqft | AED 825KAED 825,000 · Oct 2015October 2015 | 52,858 /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 | 76,650 /yr | |
| 422 | 2-bed | 1,166 sqft | AED 388KAED 387,500 · Aug 2022August 2022 | 82,500 /yr |
402, Glitz Residence 3 Tower 2 in numbers
- Sold once: by Danube Properties Development on 27 October 2015 for AED 520,000, or AED 1,175 per sqft.
- Rented since February 2019 on 6 Ejari contracts. The rent fell from AED 38,000 to AED 25,000 in 2021 and recovered to AED 37,400 by April 2025.
- At AED 37,400 a year the gross yield on the 2015 price is 7.2%, before a service charge of about AED 6,900 a year (AED 15.66 per sqft).
- Studios in Glitz Residence 3 Tower 2 sold for AED 525,000–560,000 in the 12 months to November 2026; the building's median across all types is AED 1,039 per sqft.
Source: Dubai Land Department. Updated 14 April 2025.
Questions about 402, Glitz Residence 3 Tower 2
What did unit 402 last sell for?
AED 520,000 on 27 October 2015, sold by the developer: AED 1,175 per sqft for 443 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 37,400 a year on the contract renewed on 14 April 2025. The previous contract, from April 2023, was AED 30,500; the unit has been rented since February 2019.
How big is unit 402?
443 sqft (41.2 sqm): a studio on the 4th floor of a 8-storey tower completed in 2017.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glitz Residence 3 Tower 2 sold for AED 525,000 to 560,000 in the last 12 months, around AED 1,239 per sqft.
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Mortgage on 402, Glitz Residence 3 Tower 2
Starts from the last sale price (AED 520K, 27 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 520,000
- Deposit, UAE resident (20%)
- AED 104,000
- Deposit, non-resident (40%)
- AED 208,000
- Monthly over 25 years at 3.7%
- AED 2,127
Plus AED 26,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →