2-bed · 1,152 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 7th floor · completed 2017

705, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 705 · DLD and Ejari recordsUpdated 5 March 2024

Last soldAED 1.11M8 January 2017

Current rentAED 70K /yr5 March 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 705, Glitz Residence 3 Tower 1

Today

What is 705 worth today?

Last sold for AED 1,105,000 in 2017

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5 Mar 2024

5 Mar 2024RentedRenewal

AED 70,000/yr12 months · AED 61 per sqft

5 Mar 2023

5 Mar 2023RentedRenewal

AED 70,000/yr12 months · AED 61 per sqft

5 Mar 2022

5 Mar 2022RentedNew contract

AED 60,000/yr12 months · AED 52 per sqft

5 Mar 2021

5 Mar 2021RentedRenewal

AED 60,000/yr12 months · AED 52 per sqft

5 Mar 2020

5 Mar 2020RentedRenewal

AED 68,500/yr12 months · AED 59 per sqft

5 Mar 2019

5 Mar 2019RentedNew contract

AED 70,000/yr12 months · AED 61 per sqft

8 Jan 2017

8 Jan 2017Sold by developerOff-plan

AED 1,105,000AED 959 per sqft

Source: Dubai Land Department. Updated 5 March 2024.

Key facts

Type: 2-bed apartment
Size: 1,152 sqft
Floor: 7th of 8
Parking: B-382, B-383
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 18,000 /yr
Last sold: AED 1.11M · January 2017
Building: Glitz Residence 3 Tower 1

About 705, Glitz Residence 3 Tower 1

705 is a two-bedroom apartment of 1,152 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 8 January 2017 for AED 1,105,000, or AED 959 per sqft, in line with the AED 960 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 5 March 2024, is AED 70,000 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 18,000 a year.

Sales and rents for 705 over time

Sales

Unit 705, each saleTypical two-bed in Glitz Residence 3 Tower 1

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

Rents

Unit 705, each contractTypical two-bed in Glitz Residence 3 Tower 1

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 705 sits

All 64 2-beds →

2-beds in Glitz Residence 3 Tower 1 · last 12 months961 /sqft Glitz Residence 3 Tower 1 · all types987 /sqft

705 last sold in January 2017 at AED 959 per sqft, in line with what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 960). 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. 705's AED 70,000 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
20 May 202620 May 2026	1,161 sqft	1,200,000	1,033
6 Apr 20266 April 2026	1,242 sqft	1,190,000	958
6 Apr 20266 April 2026	1,166 sqft	1,170,000	1,003
10 Mar 202610 March 2026	1,134 sqft	1,100,000	970

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


701	3-bed	1,354 sqft	AED 1.35MAED 1,350,000 · Sep 2016September 2016
702	Studio	443 sqft	AED 460KAED 460,000 · Feb 2025February 2025	50,139 /yr
703	1-bed	743 sqft	AED 650KAED 650,000 · Aug 2024August 2024	58,000 /yr
704	2-bed	1,293 sqft	AED 1.25MAED 1,250,000 · Jul 2016July 2016	95,000 /yr
706	1-bed	739 sqft	AED 775KAED 775,000 · Feb 2026February 2026	68,000 /yr
707	1-bed	739 sqft	AED 650KAED 650,000 · Dec 2024December 2024	46,439 /yr
708	1-bed	672 sqft	AED 780KAED 780,000 · Nov 2025November 2025	52,000 /yr
709	2-bed	1,242 sqft	AED 950KAED 950,000 · Jul 2024July 2024	97,000 /yr
710	1-bed	779 sqft	AED 765KAED 765,000 · Oct 2025October 2025	50,600 /yr
711	2-bed	1,162 sqft	AED 1.08MAED 1,080,000 · Nov 2025November 2025	85,000 /yr
712	2-bed	1,161 sqft	AED 850KAED 850,000 · Apr 2023April 2023	53,000 /yr
713	3-bed	1,350 sqft	AED 1.34MAED 1,340,000 · Oct 2024October 2024	105,000 /yr
714	1-bed	820 sqft	AED 940KAED 940,000 · Jun 2017June 2017	5,540 /yr
715	1-bed	666 sqft	AED 786KAED 786,000 · Oct 2015October 2015	60,000 /yr
716	1-bed	739 sqft	AED 830KAED 830,000 · Oct 2015October 2015	57,200 /yr
717	1-bed	739 sqft	AED 500KAED 500,000 · Nov 2022November 2022	40,000 /yr
718	1-bed	672 sqft	AED 796KAED 796,000 · Oct 2015October 2015	60,000 /yr
719	Studio	433 sqft	AED 475KAED 475,000 · Oct 2015October 2015	6,327 /yr
720	2-bed	1,150 sqft	AED 1.11MAED 1,105,000 · Oct 2015October 2015	78,609 /yr
721	2-bed	1,134 sqft	AED 850KAED 850,000 · Oct 2023October 2023	58,300 /yr
722	2-bed	1,166 sqft	AED 1.16MAED 1,160,000 · Jan 2017January 2017	80,000 /yr

1–7 of 21

705, Glitz Residence 3 Tower 1 in numbers

Sold once: by Danube Properties Development on 8 January 2017 for AED 1,105,000, or AED 959 per sqft.
Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 60,000 in 2022 and recovered to AED 70,000 by March 2024.
At AED 70,000 a year the gross yield on the 2017 price is 6.3%, before a service charge of about AED 18,000 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 5 March 2024.

Questions about 705, Glitz Residence 3 Tower 1

What did unit 705 last sell for?

AED 1,105,000 on 8 January 2017, sold by the developer: AED 959 per sqft for 1,152 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 70,000 a year on the contract renewed on 5 March 2024. The previous contract, from March 2023, was AED 70,000; the unit has been rented since March 2019.

How big is unit 705?

1,152 sqft (107.0 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 705 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 705, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.11M, 8 January 2017). Switch to today's estimate once you have unlocked it.

Price: AED 1,105,000
Deposit, UAE resident (20%): AED 221,000
Deposit, non-resident (40%): AED 442,000
Monthly over 25 years at 3.7%: AED 4,521

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