3-bed · 1,647 sqftGlitz Residence 1, Dubai Studio City · 7th floor · completed 2017

709, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in April 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 19 February 2026
Last soldAED 1.5M21 April 2015
Current rentAED 110K /yr19 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Glitz Residence 1

What is 709 worth today?

Last sold for AED 1,495,936 in 2015

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19 Feb 2026RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
19 Feb 2025RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
19 Feb 2025RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
20 Feb 2024RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
16 May 2023RentedRenewal
AED 93,000/yr12 months · AED 56 per sqft
16 May 2022RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
1 Dec 2018RentedRenewal
AED 96,000/yr12 months · AED 58 per sqft
1 Dec 2017RentedNew contract
AED 100,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 19 February 2026.

Key facts

Type
3-bed apartment
Size
1,647 sqft
Floor
7th of 8
Parking
B-125, B-146
Developer
Danube Properties Development
Completed
2017
Service charge
AED 27,900 /yr
Last sold
AED 1.5M · April 2015

About 709, Glitz Residence 1

709 is a three-bedroom apartment of 1,647 sqft on the 7th floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 21 April 2015 for AED 1,495,936, or AED 908 per sqft, in line with the AED 907 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 19 February 2026, is AED 110,000 a year: a gross yield of 7.3% on the 2015 price, before the service charge of about AED 27,900 a year.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical three-bed in Glitz Residence 1
1.2M1.4M2015201820212024Typical sale price by year: 2015 AED 1,487,708; 2024 AED 1,225,000Sold by developer, April 2015: AED 1,495,936 (AED 908 per sqft)

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

Rents
Unit 709, each contractTypical three-bed in Glitz Residence 1
80K100K2017202020232026Typical rent by year: 2017 AED 95,000; 2018 AED 95,000; 2019 AED 80,000; 2020 AED 68,500; 2021 AED 69,500; 2022 AED 75,000; 2023 AED 91,500; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 108,500New contract, December 2017: AED 100,000 a yearRenewal, December 2018: AED 96,000 a yearNew contract, May 2022: AED 85,000 a yearRenewal, May 2023: AED 93,000 a yearNew contract, February 2024: AED 110,000 a yearNew contract, February 2025: AED 110,000 a yearNew contract, February 2025: AED 110,000 a yearNew contract, February 2026: AED 110,000 a year

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 1, and where 709 sits

All 14 3-beds →

709 last sold in April 2015 at AED 908 per sqft, in line with what three-beds in Glitz Residence 1 were fetching at the time (AED 907). 709's AED 110,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Jul 20251,530,000
10 Jul 20241,225,000
20 Jun 20241,350,000
24 May 20241,170,000
0 3-bed sales in the last 12 months

Glitz Residence 1

Building

146 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 11 sold in the last 12 months.

Typical price per sqft
AED 990 Up 4.3%
Typical sale
AED 505K
Typical rent
AED 60K /yr
Typical yield
8.2%
Glitz Residence 1, Dubai Studio City: prices, sales and rents →

Other units on the 7th floor

All 146 units in Glitz Residence 1
Value
7011-bedAED 791K · Apr 2015
702StudioAED 490K · Aug 2015
7032-bedAED 1.08M · Aug 2015
7042-bedAED 1.15M · Mar 2025
705StudioAED 518K · Aug 2015
7061-bedAED 755K · Jun 2015
7071-bedAED 816K · Aug 2015
1–7 of 17

709, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 21 April 2015 for AED 1,495,936, or AED 908 per sqft.
  • Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 85,000 in 2022 and recovered to AED 110,000 by February 2026.
  • At AED 110,000 a year the gross yield on the 2015 price is 7.3%, before a service charge of about AED 27,900 a year (AED 16.96 per sqft).

Source: Dubai Land Department. Updated 19 February 2026.

Questions about 709, Glitz Residence 1

What did unit 709 last sell for?

AED 1,495,936 on 21 April 2015, sold by the developer: AED 908 per sqft for 1,647 sqft. It is the only registered sale of the unit.

What is the rent for unit 709?

AED 110,000 a year on the contract signed on 19 February 2026. The previous contract, from February 2025, was AED 110,000; the unit has been rented since December 2017.

How big is unit 709?

1,647 sqft (153.0 sqm): a three-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 709 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 709, Glitz Residence 1

Starts from the last sale price (AED 1.5M, 21 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,495,936
Deposit, UAE resident (20%)
AED 299,187
Deposit, non-resident (40%)
AED 598,374
Monthly over 25 years at 3.7%
AED 6,120

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