3-bed · 1,354 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 7th floor · completed 2017

701, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in September 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 20 September 2016
Last soldAED 1.35M20 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Glitz Residence 3 Tower 1

What is 701 worth today?

Last sold for AED 1,350,000 in 2016

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20 Sep 2016Sold by developerOff-plan
AED 1,350,000AED 996 per sqft

Source: Dubai Land Department. Updated 20 September 2016.

Key facts

Type
3-bed apartment
Size
1,354 sqft
Floor
7th of 8
Parking
B-398, B-399
Developer
Danube Properties Development
Completed
2017
Service charge
AED 21,200 /yr
Last sold
AED 1.35M · September 2016

About 701, Glitz Residence 3 Tower 1

701 is a three-bedroom apartment of 1,354 sqft on the 7th 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 20 September 2016 for AED 1,350,000, or AED 996 per sqft, in line with the AED 998 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical three-bed in Glitz Residence 3 Tower 1
1.2M1.4M201520162017Typical sale price by year: 2015 AED 1,350,000; 2016 AED 1,350,000Sold by developer, September 2016: AED 1,350,000 (AED 996 per sqft)

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

Rents
Unit 701, each contractTypical three-bed in Glitz Residence 3 Tower 1
75K100K2018202120242027Typical rent by year: 2018 AED 90,000; 2019 AED 85,000; 2020 AED 66,000; 2021 AED 63,000; 2022 AED 71,500; 2023 AED 85,000; 2024 AED 95,000; 2025 AED 107,500; 2026 AED 105,000

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 701 sits

All 16 3-beds →

701 last sold in September 2016 at AED 996 per sqft, in line with what three-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 998). Over the last 12 months three-beds sold for AED 1,275,000 to 1,500,000, around AED 1,024 per sqft, and rent for AED 90,000 to 110,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Feb 20261,500,000
3 Feb 20261,275,000
3 Mar 20251,420,000
3 Oct 20241,340,000
2 3-bed sales in the last 12 months

Glitz Residence 3 Tower 1

Building

176 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 16 sold in the last 12 months.

Typical price per sqft
AED 987 Down 3.5%
Typical sale
AED 1.09M
Typical rent
AED 63K /yr
Typical yield
7.9%
Glitz Residence 3 Tower 1, Dubai Studio City: prices, sales and rents →

Other units on the 7th floor

All 176 units in Glitz Residence 3 Tower 1
Value
702StudioAED 460K · Feb 2025
7031-bedAED 650K · Aug 2024
7042-bedAED 1.25M · Jul 2016
7052-bedAED 1.11M · Jan 2017
7061-bedAED 775K · Feb 2026
7071-bedAED 650K · Dec 2024
7081-bedAED 780K · Nov 2025
1–7 of 21

701, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 20 September 2016 for AED 1,350,000, or AED 996 per sqft.
  • Three-beds in Glitz Residence 3 Tower 1 sold for AED 1,275,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 987 per sqft.

Source: Dubai Land Department. Updated 20 September 2016.

Questions about 701, Glitz Residence 3 Tower 1

What did unit 701 last sell for?

AED 1,350,000 on 20 September 2016, sold by the developer: AED 996 per sqft for 1,354 sqft. It is the only registered sale of the unit.

How big is unit 701?

1,354 sqft (125.8 sqm): a three-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 701 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 1,500,000 in the last 12 months, around AED 1,024 per sqft.

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Mortgage on 701, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.35M, 20 September 2016). 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →