716, Glitz Residence 3 Tower 1
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 716, Glitz Residence 3 Tower 1
What is 716 worth today?
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Source: Dubai Land Department. Updated 6 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 739 sqft
- Floor
- 7th of 8
- Parking
- B-412
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 11,600 /yr
- Last sold
- AED 830K · October 2015
- Building
- Glitz Residence 3 Tower 1
About 716, Glitz Residence 3 Tower 1
716 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. The developer sold it on 29 October 2015 for AED 830,000, or AED 1,123 per sqft, in line with the AED 1,109 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 6 August 2026, is AED 57,200 a year: a gross yield of 6.9% on the 2015 price, before the service charge of about AED 11,600 a year.
Sales and rents for 716 over time
716 has sold once; the dashed line is the one-bed median of each year in the building.
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 716 sits
All 80 1-beds →716 last sold in October 2015 at AED 1,123 per sqft, in line with what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 1,109). 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. 716's AED 57,200 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 672 sqft | 715,000 | 1,064 | ||
| 28 Apr 202628 April 2026 | 369 sqft | 350,000 | 947 | ||
| 24 Feb 202624 February 2026 | 739 sqft | 775,000 | 1,048 | ||
| 19 Dec 202519 December 2025 | 739 sqft | 770,000 | 1,042 |
Glitz Residence 3 Tower 1
Building176 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%
Other units on the 7th floor
All 176 units in Glitz Residence 3 Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 705 | 2-bed | 1,152 sqft | AED 1.11MAED 1,105,000 · Jan 2017January 2017 | 70,000 /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 | |
| 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 |
716, Glitz Residence 3 Tower 1 in numbers
- Sold once: by Danube Properties Development on 29 October 2015 for AED 830,000, or AED 1,123 per sqft.
- Rented since October 2018 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 38,000 in 2021 and recovered to AED 57,200 by August 2026.
- At AED 57,200 a year the gross yield on the 2015 price is 6.9%, 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 6 August 2026.
Questions about 716, Glitz Residence 3 Tower 1
What did unit 716 last sell for?
AED 830,000 on 29 October 2015, sold by the developer: AED 1,123 per sqft for 739 sqft. It is the only registered sale of the unit.
What is the rent for unit 716?
AED 57,200 a year on the contract renewed on 6 August 2026. The previous contract, from August 2025, was AED 57,200; the unit has been rented since October 2018.
How big is unit 716?
739 sqft (68.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.
What is unit 716 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 716, Glitz Residence 3 Tower 1
Starts from the last sale price (AED 830K, 29 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 830,000
- Deposit, UAE resident (20%)
- AED 166,000
- Deposit, non-resident (40%)
- AED 332,000
- Monthly over 25 years at 3.7%
- AED 3,396
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →