1-bed · 739 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 7th floor · completed 2017

707, Glitz Residence 3 Tower 1

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

Unit 707 · DLD and Ejari recordsUpdated 16 February 2025
Last soldAED 650K5 December 2024
Current rentAED 46K /yr16 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Glitz Residence 3 Tower 1

What is 707 worth today?

Last sold for AED 650,000 in 2024

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16 Feb 2025RentedNew contract
AED 46,439/yr3 months · AED 63 per sqft
16 Feb 2025RentedNew contract
AED 46,439/yr3 months · AED 63 per sqft
5 Dec 2024SoldReady
AED 650,000AED 879 per sqft
16 Feb 2024RentedRenewal
AED 47,300/yr12 months · AED 65 per sqft
16 Feb 2023RentedRenewal
AED 43,000/yr12 months · AED 58 per sqft
16 Feb 2022RentedRenewal
AED 42,000/yr12 months · AED 57 per sqft
16 Feb 2021RentedRenewal
AED 41,000/yr12 months · AED 55 per sqft
16 Feb 2020RentedNew contract
AED 48,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 16 February 2025.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
7th of 8
Parking
B-28
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 650K · December 2024

About 707, Glitz Residence 3 Tower 1

707 is a one-bedroom apartment of 739 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 5 December 2024 for AED 650,000, or AED 879 per sqft, in line with the AED 874 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 16 February 2025, is AED 46,439 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 11,600 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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 1,098 per sqft)Sold, December 2024: AED 650,000 (AED 879 per sqft)

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

Rents
Unit 707, 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, October 2018: AED 60,000 a yearNew contract, February 2020: AED 48,000 a yearRenewal, February 2021: AED 41,000 a yearRenewal, February 2022: AED 42,000 a yearRenewal, February 2023: AED 43,000 a yearRenewal, February 2024: AED 47,300 a yearNew contract, February 2025: AED 46,439 a yearNew contract, February 2025: AED 46,439 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 707 sits

All 80 1-beds →

707 last sold in December 2024 at AED 879 per sqft, in line with what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 874). 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. 707's AED 46,439 is at the bottom 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
7031-bedAED 650K · Aug 2024
7042-bedAED 1.25M · Jul 2016
7052-bedAED 1.11M · Jan 2017
7061-bedAED 775K · Feb 2026
7081-bedAED 780K · Nov 2025
1–7 of 21

707, Glitz Residence 3 Tower 1 in numbers

  • Sold twice: first on 19 January 2017 for AED 811,800, last on 5 December 2024 for AED 650,000 (AED 879 per sqft).
  • Rented since October 2018 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 41,000 in 2021 and recovered to AED 46,439 by February 2025.
  • At AED 46,439 a year the gross yield on the 2024 price is 7.1%, 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 16 February 2025.

Questions about 707, Glitz Residence 3 Tower 1

What did unit 707 last sell for?

AED 650,000 on 5 December 2024: AED 879 per sqft for 739 sqft. The unit has 2 registered sales; the first was AED 811,800 in January 2017.

What is the rent for unit 707?

AED 46,439 a year on the contract signed on 16 February 2025. The previous contract, from February 2025, was AED 46,439; the unit has been rented since October 2018.

How big is unit 707?

739 sqft (68.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 707 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 707, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 650K, 5 December 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 →