1-bed · 743 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 7th floor · completed 2017

703, Glitz Residence 3 Tower 1

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 650K29 August 2024
Current rentAED 58K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Glitz Residence 3 Tower 1

What is 703 worth today?

Last sold for AED 650,000 in 2024

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1 Oct 2026RentedNew contract
AED 58,000/yr12 months · AED 78 per sqft
23 Oct 2024RentedRenewal
AED 60,900/yr12 months · AED 82 per sqft
29 Aug 2024SoldReady
AED 650,000AED 874 per sqft
23 Oct 2023RentedNew contract
AED 58,000/yr12 months · AED 78 per sqft
28 Sep 2022RentedNew contract
AED 44,000/yr12 months · AED 59 per sqft
11 Feb 2020RentedNew contract
AED 48,000/yr12 months · AED 65 per sqft
12 Sep 2018RentedNew contract
AED 58,000/yr12 months · AED 78 per sqft
19 Jan 2017Sold by developerOff-plan
AED 811,800AED 1,092 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
743 sqft
Floor
7th of 8
Parking
B-22
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 650K · August 2024

About 703, Glitz Residence 3 Tower 1

703 is a one-bedroom apartment of 743 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. It last sold on 29 August 2024 for AED 650,000, or AED 874 per sqft, 8% above the AED 810 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 October 2026, is AED 58,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 11,600 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical one-bed in Glitz Residence 3 Tower 1
400K600K800K20152018202120242027Typical sale price by year: 2015 AED 820,000; 2016 AED 820,000; 2017 AED 811,800; 2019 AED 580,000; 2022 AED 450,000; 2023 AED 570,000; 2024 AED 640,000; 2025 AED 745,000; 2026 AED 715,000Sold by developer, January 2017: AED 811,800 (AED 1,092 per sqft)Sold, August 2024: AED 650,000 (AED 874 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in Glitz Residence 3 Tower 1
40K60K2018202120242027Typical rent by year: 2018 AED 54,000; 2019 AED 50,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 40,000; 2023 AED 46,200; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 60,000New contract, September 2018: AED 58,000 a yearNew contract, February 2020: AED 48,000 a yearNew contract, September 2022: AED 44,000 a yearNew contract, October 2023: AED 58,000 a yearRenewal, October 2024: AED 60,900 a yearNew contract, October 2026: AED 58,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Glitz Residence 3 Tower 1, and where 703 sits

All 80 1-beds →

703 last sold in August 2024 at AED 874 per sqft, 8% above what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 810). Over the last 12 months one-beds sold for AED 350,000 to 780,000, around AED 1,048 per sqft, and rent for AED 50,000 to 75,000 a year. 703's AED 58,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 2026715,000
28 Apr 2026350,000
24 Feb 2026775,000
19 Dec 2025770,000
5 1-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
7013-bedAED 1.35M · Sep 2016
702StudioAED 460K · Feb 2025
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

703, Glitz Residence 3 Tower 1 in numbers

  • Sold twice: first on 19 January 2017 for AED 811,800, last on 29 August 2024 for AED 650,000 (AED 874 per sqft).
  • Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 58,000 to AED 44,000 in 2022 and recovered to AED 58,000 by October 2026.
  • At AED 58,000 a year the gross yield on the 2024 price is 8.9%, before a service charge of about AED 11,600 a year (AED 15.66 per sqft).
  • One-beds in Glitz Residence 3 Tower 1 sold for AED 350,000–780,000 in the 12 months to November 2026; the building's median across all types is AED 987 per sqft.

Source: Dubai Land Department. Updated 1 October 2026.

Questions about 703, Glitz Residence 3 Tower 1

What did unit 703 last sell for?

AED 650,000 on 29 August 2024: AED 874 per sqft for 743 sqft. The unit has 2 registered sales; the first was AED 811,800 in January 2017.

What is the rent for unit 703?

AED 58,000 a year on the contract signed on 1 October 2026. The previous contract, from October 2024, was AED 60,900; the unit has been rented since September 2018.

How big is unit 703?

743 sqft (69.0 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Glitz Residence 3 Tower 1 sold for AED 350,000 to 780,000 in the last 12 months, around AED 1,048 per sqft.

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Mortgage on 703, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 650K, 29 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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