2-bed · 1,293 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 7th floor · completed 2017

704, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 8 February 2026
Last soldAED 1.25M11 July 2016
Current rentAED 95K /yr8 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Glitz Residence 3 Tower 1

What is 704 worth today?

Last sold for AED 1,250,000 in 2016

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8 Feb 2026RentedNew contract
AED 95,000/yr12 months · AED 74 per sqft
1 Aug 2024RentedNew contract
AED 70,000/yr12 months · AED 54 per sqft
5 Mar 2022RentedRenewal
AED 58,000/yr12 months · AED 45 per sqft
5 Mar 2021RentedNew contract
AED 50,000/yr12 months · AED 39 per sqft
4 Jan 2020RentedRenewal
AED 75,000/yr12 months · AED 58 per sqft
4 Jan 2019RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
1 Dec 2018RentedNew contract
AED 72,000/yr12 months · AED 56 per sqft
11 Jul 2016Sold by developerOff-plan
AED 1,250,000AED 966 per sqft

Source: Dubai Land Department. Updated 8 February 2026.

Key facts

Type
2-bed apartment
Size
1,293 sqft
Floor
7th of 8
Parking
B-352, B-353
Developer
Danube Properties Development
Completed
2017
Service charge
AED 20,200 /yr
Last sold
AED 1.25M · July 2016

About 704, Glitz Residence 3 Tower 1

704 is a two-bedroom apartment of 1,293 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 11 July 2016 for AED 1,250,000, or AED 966 per sqft, in line with the AED 956 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 8 February 2026, is AED 95,000 a year: a gross yield of 7.6% on the 2016 price, before the service charge of about AED 20,200 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical two-bed in Glitz Residence 3 Tower 1
800K1M1.2M20152018202120242027Typical sale price by year: 2015 AED 1,095,000; 2016 AED 1,115,000; 2017 AED 1,112,500; 2018 AED 1,105,000; 2019 AED 1,019,100; 2023 AED 850,000; 2024 AED 1,000,000; 2025 AED 1,120,000; 2026 AED 1,120,000Sold by developer, July 2016: AED 1,250,000 (AED 966 per sqft)

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

Rents
Unit 704, each contractTypical two-bed in Glitz Residence 3 Tower 1
50K75K100K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 72,000; 2020 AED 58,000; 2021 AED 54,000; 2022 AED 60,000; 2023 AED 68,250; 2024 AED 71,652; 2025 AED 80,262; 2026 AED 84,000New contract, December 2018: AED 72,000 a yearNew contract, January 2019: AED 75,000 a yearRenewal, January 2020: AED 75,000 a yearNew contract, March 2021: AED 50,000 a yearRenewal, March 2022: AED 58,000 a yearNew contract, August 2024: AED 70,000 a yearNew contract, February 2026: AED 95,000 a year

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

2-beds in Glitz Residence 3 Tower 1, and where 704 sits

All 64 2-beds →

704 last sold in July 2016 at AED 966 per sqft, in line with what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 956). Over the last 12 months two-beds sold for AED 1,060,000 to 1,200,000, around AED 961 per sqft, and rent for AED 65,000 to 97,000 a year. 704's AED 95,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 May 20261,200,000
6 Apr 20261,190,000
6 Apr 20261,170,000
10 Mar 20261,100,000
8 2-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
7031-bedAED 650K · Aug 2024
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

704, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 11 July 2016 for AED 1,250,000, or AED 966 per sqft.
  • Rented since December 2018 on 7 Ejari contracts. The rent fell from AED 72,000 to AED 50,000 in 2021 and recovered to AED 95,000 by February 2026.
  • At AED 95,000 a year the gross yield on the 2016 price is 7.6%, before a service charge of about AED 20,200 a year (AED 15.66 per sqft).
  • Two-beds in Glitz Residence 3 Tower 1 sold for AED 1,060,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 987 per sqft.

Source: Dubai Land Department. Updated 8 February 2026.

Questions about 704, Glitz Residence 3 Tower 1

What did unit 704 last sell for?

AED 1,250,000 on 11 July 2016, sold by the developer: AED 966 per sqft for 1,293 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 95,000 a year on the contract signed on 8 February 2026. The previous contract, from August 2024, was AED 70,000; the unit has been rented since December 2018.

How big is unit 704?

1,293 sqft (120.1 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Glitz Residence 3 Tower 1 sold for AED 1,060,000 to 1,200,000 in the last 12 months, around AED 961 per sqft.

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Mortgage on 704, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.25M, 11 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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