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

717, Glitz Residence 3 Tower 1

Sold prices and rental history: sold twice, last in November 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 717 · DLD and Ejari recordsUpdated 14 November 2022
Last soldAED 500K14 November 2022
Current rentAED 40K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 717, Glitz Residence 3 Tower 1

What is 717 worth today?

Last sold for AED 500,000 in 2022

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14 Nov 2022SoldReady
AED 500,000AED 676 per sqft
1 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 54 per sqft
7 Oct 2019RentedRenewal
AED 50,000/yr12 months · AED 67 per sqft
7 Oct 2018RentedNew contract
AED 55,000/yr12 months · AED 74 per sqft
25 Oct 2015Sold by developerOff-plan
AED 820,000AED 1,109 per sqft

Source: Dubai Land Department. Updated 14 November 2022.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
7th of 8
Parking
B-24
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 500K · November 2022

About 717, Glitz Residence 3 Tower 1

717 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 14 November 2022 for AED 500,000, or AED 676 per sqft, 12% above the AED 605 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 August 2020, is AED 40,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 11,600 a year.

Sales and rents for 717 over time

Sales
Unit 717, 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, October 2015: AED 820,000 (AED 1,109 per sqft)Sold, November 2022: AED 500,000 (AED 676 per sqft)

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

Rents
Unit 717, 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 55,000 a yearRenewal, October 2019: AED 50,000 a yearNew contract, August 2020: AED 40,000 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 717 sits

All 80 1-beds →

717 last sold in November 2022 at AED 676 per sqft, 12% above what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 605). 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. 717's AED 40,000 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
7071-bedAED 650K · Dec 2024
1–7 of 21

717, Glitz Residence 3 Tower 1 in numbers

  • Sold twice: first on 25 October 2015 for AED 820,000, last on 14 November 2022 for AED 500,000 (AED 676 per sqft).
  • Rented since October 2018 on 3 Ejari contracts, from AED 55,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2022 price is 8.0%, 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 14 November 2022.

Questions about 717, Glitz Residence 3 Tower 1

What did unit 717 last sell for?

AED 500,000 on 14 November 2022: AED 676 per sqft for 739 sqft. The unit has 2 registered sales; the first was AED 820,000 in October 2015.

What is the rent for unit 717?

AED 40,000 a year on the contract signed on 1 August 2020. The previous contract, from October 2019, was AED 50,000; the unit has been rented since October 2018.

How big is unit 717?

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

What is unit 717 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 717, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 500K, 14 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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