1-bed · 672 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 7th floor · completed 2017

718, 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.

Unit 718 · DLD and Ejari recordsUpdated 9 August 2025
Last soldAED 796K29 October 2015
Current rentAED 60K /yr9 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 718, Glitz Residence 3 Tower 1

What is 718 worth today?

Last sold for AED 796,000 in 2015

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9 Aug 2025RentedRenewal
AED 60,000/yr12 months · AED 89 per sqft
9 Aug 2024RentedNew contract
AED 58,000/yr12 months · AED 86 per sqft
1 Nov 2023RentedRenewal
AED 47,250/yr12 months · AED 70 per sqft
1 Nov 2022RentedNew contract
AED 45,000/yr12 months · AED 67 per sqft
15 Aug 2020RentedNew contract
AED 45,000/yr12 months · AED 67 per sqft
15 Aug 2018RentedNew contract
AED 50,000/yr24 months · AED 75 per sqft
29 Oct 2015Sold by developerOff-plan
AED 796,000AED 1,184 per sqft

Source: Dubai Land Department. Updated 9 August 2025.

Key facts

Type
1-bed apartment
Size
672 sqft
Floor
7th of 8
Parking
B-23
Developer
Danube Properties Development
Completed
2017
Service charge
AED 10,500 /yr
Last sold
AED 796K · October 2015

About 718, Glitz Residence 3 Tower 1

718 is a one-bedroom apartment of 672 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 796,000, or AED 1,184 per sqft, 7% above the AED 1,109 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 9 August 2025, is AED 60,000 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 10,500 a year.

Sales and rents for 718 over time

Sales
Unit 718, 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 796,000 (AED 1,184 per sqft)

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

Rents
Unit 718, 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, August 2018: AED 50,000 a yearNew contract, August 2020: AED 45,000 a yearNew contract, November 2022: AED 45,000 a yearRenewal, November 2023: AED 47,250 a yearNew contract, August 2024: AED 58,000 a yearRenewal, August 2025: AED 60,000 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 718 sits

All 80 1-beds →

718 last sold in October 2015 at AED 1,184 per sqft, 7% above 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. 718's AED 60,000 is in the lower half 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

718, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 29 October 2015 for AED 796,000, or AED 1,184 per sqft.
  • Rented since August 2018 on 6 Ejari contracts, from AED 50,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 7.5%, before a service charge of about AED 10,500 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 9 August 2025.

Questions about 718, Glitz Residence 3 Tower 1

What did unit 718 last sell for?

AED 796,000 on 29 October 2015, sold by the developer: AED 1,184 per sqft for 672 sqft. It is the only registered sale of the unit.

What is the rent for unit 718?

AED 60,000 a year on the contract renewed on 9 August 2025. The previous contract, from August 2024, was AED 58,000; the unit has been rented since August 2018.

How big is unit 718?

672 sqft (62.4 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 718 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 718, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 796K, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 796,000
Deposit, UAE resident (20%)
AED 159,200
Deposit, non-resident (40%)
AED 318,400
Monthly over 25 years at 3.7%
AED 3,257

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