2-bed · 1,242 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 7th floor · completed 2017

709, Glitz Residence 3 Tower 1

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

Unit 709 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 950K30 July 2024
Current rentAED 97K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Glitz Residence 3 Tower 1

What is 709 worth today?

Last sold for AED 950,000 in 2024

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1 Dec 2025RentedNew contract
AED 97,000/yr12 months · AED 78 per sqft
20 Sep 2024RentedRenewal
AED 71,148/yr12 months · AED 57 per sqft
30 Jul 2024SoldReady
AED 950,000AED 764 per sqft
20 Sep 2023RentedRenewal
AED 64,680/yr12 months · AED 52 per sqft
20 Sep 2022RentedRenewal
AED 61,600/yr12 months · AED 50 per sqft
20 Sep 2021RentedRenewal
AED 56,000/yr12 months · AED 45 per sqft
20 Sep 2020RentedRenewal
AED 60,000/yr12 months · AED 48 per sqft
20 Sep 2019RentedNew contract
AED 75,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
2-bed apartment
Size
1,242 sqft
Floor
7th of 8
Parking
B-347, B-346
Developer
Danube Properties Development
Completed
2017
Service charge
AED 19,400 /yr
Last sold
AED 950K · July 2024

About 709, Glitz Residence 3 Tower 1

709 is a two-bedroom apartment of 1,242 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 30 July 2024 for AED 950,000, or AED 764 per sqft, in line with the AED 764 two-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 1 December 2025, is AED 97,000 a year: a gross yield of 10.2% on the 2024 price, before the service charge of about AED 19,400 a year.

Sales and rents for 709 over time

Sales
Unit 709, 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, May 2016: AED 1,210,000 (AED 974 per sqft)Sold, July 2024: AED 950,000 (AED 764 per sqft)

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

Rents
Unit 709, each contractTypical two-bed in Glitz Residence 3 Tower 1
60K80K100K2018202120242027Typical 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, September 2018: AED 80,000 a yearNew contract, September 2019: AED 75,000 a yearRenewal, September 2020: AED 60,000 a yearRenewal, September 2021: AED 56,000 a yearRenewal, September 2022: AED 61,600 a yearRenewal, September 2023: AED 64,680 a yearRenewal, September 2024: AED 71,148 a yearNew contract, December 2025: AED 97,000 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 709 sits

All 64 2-beds →

709 last sold in July 2024 at AED 764 per sqft, in line with what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 764). 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. 709's AED 97,000 is at the top 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
7042-bedAED 1.25M · Jul 2016
7052-bedAED 1.11M · Jan 2017
7061-bedAED 775K · Feb 2026
7071-bedAED 650K · Dec 2024
1–7 of 21

709, Glitz Residence 3 Tower 1 in numbers

  • Sold twice: first on 1 May 2016 for AED 1,210,000, last on 30 July 2024 for AED 950,000 (AED 764 per sqft).
  • Rented since September 2018 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 56,000 in 2021 and recovered to AED 97,000 by December 2025.
  • At AED 97,000 a year the gross yield on the 2024 price is 10.2%, before a service charge of about AED 19,400 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 1 December 2025.

Questions about 709, Glitz Residence 3 Tower 1

What did unit 709 last sell for?

AED 950,000 on 30 July 2024: AED 764 per sqft for 1,242 sqft. The unit has 2 registered sales; the first was AED 1,210,000 in May 2016.

What is the rent for unit 709?

AED 97,000 a year on the contract signed on 1 December 2025. The previous contract, from September 2024, was AED 71,148; the unit has been rented since September 2018.

How big is unit 709?

1,242 sqft (115.4 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 709 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 709, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 950K, 30 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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