2-bed · 1,150 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 7th floor · completed 2017

720, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 720 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 1.11M29 October 2015
Current rentAED 79K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 720, Glitz Residence 3 Tower 1

What is 720 worth today?

Last sold for AED 1,105,000 in 2015

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1 Aug 2026RentedRenewal
AED 78,609/yr12 months · AED 68 per sqft
1 Aug 2025RentedRenewal
AED 74,865/yr12 months · AED 65 per sqft
1 Aug 2024RentedRenewal
AED 71,300/yr12 months · AED 62 per sqft
1 Aug 2023RentedRenewal
AED 62,000/yr12 months · AED 54 per sqft
1 Aug 2022RentedNew contract
AED 60,000/yr12 months · AED 52 per sqft
30 Apr 2021RentedNew contract
AED 54,000/yr12 months · AED 47 per sqft
7 Mar 2019RentedNew contract
AED 75,000/yr12 months · AED 65 per sqft
29 Oct 2015Sold by developerOff-plan
AED 1,105,000AED 961 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed apartment
Size
1,150 sqft
Floor
7th of 8
Parking
B-408, B-409
Developer
Danube Properties Development
Completed
2017
Service charge
AED 18,000 /yr
Last sold
AED 1.11M · October 2015

About 720, Glitz Residence 3 Tower 1

720 is a two-bedroom apartment of 1,150 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 1,105,000, or AED 961 per sqft, in line with the AED 956 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 78,609 a year: a gross yield of 7.1% on the 2015 price, before the service charge of about AED 18,000 a year.

Sales and rents for 720 over time

Sales
Unit 720, each saleTypical two-bed in Glitz Residence 3 Tower 1
1M20152018202120242027Typical 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, October 2015: AED 1,105,000 (AED 961 per sqft)

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

Rents
Unit 720, each contractTypical two-bed in Glitz Residence 3 Tower 1
60K80K2018202120242027Typical 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, March 2019: AED 75,000 a yearNew contract, April 2021: AED 54,000 a yearNew contract, August 2022: AED 60,000 a yearRenewal, August 2023: AED 62,000 a yearRenewal, August 2024: AED 71,300 a yearRenewal, August 2025: AED 74,865 a yearRenewal, August 2026: AED 78,609 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 720 sits

All 64 2-beds →

720 last sold in October 2015 at AED 961 per sqft, in line with what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 956). 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. 720's AED 78,609 is in the lower half 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

720, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 29 October 2015 for AED 1,105,000, or AED 961 per sqft.
  • Rented since March 2019 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 54,000 in 2021 and recovered to AED 78,609 by August 2026.
  • At AED 78,609 a year the gross yield on the 2015 price is 7.1%, before a service charge of about AED 18,000 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 August 2026.

Questions about 720, Glitz Residence 3 Tower 1

What did unit 720 last sell for?

AED 1,105,000 on 29 October 2015, sold by the developer: AED 961 per sqft for 1,150 sqft. It is the only registered sale of the unit.

What is the rent for unit 720?

AED 78,609 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 74,865; the unit has been rented since March 2019.

How big is unit 720?

1,150 sqft (106.8 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 720 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 720, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.11M, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,105,000
Deposit, UAE resident (20%)
AED 221,000
Deposit, non-resident (40%)
AED 442,000
Monthly over 25 years at 3.7%
AED 4,521

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