2-bed · 1,166 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 7th floor · completed 2017

722, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 722 · DLD and Ejari recordsUpdated 23 May 2026
Last soldAED 1.16M19 January 2017
Current rentAED 80K /yr23 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 722, Glitz Residence 3 Tower 1

What is 722 worth today?

Last sold for AED 1,160,000 in 2017

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23 May 2026RentedNew contract
AED 80,000/yr12 months · AED 69 per sqft
15 May 2025RentedRenewal
AED 81,000/yr12 months · AED 70 per sqft
15 May 2024RentedNew contract
AED 81,000/yr12 months · AED 70 per sqft
1 Feb 2022RentedNew contract
AED 58,000/yr12 months · AED 50 per sqft
20 Dec 2020RentedNew contract
AED 48,000/yr12 months · AED 41 per sqft
19 Jan 2017Sold by developerOff-plan
AED 1,160,000AED 994 per sqft

Source: Dubai Land Department. Updated 23 May 2026.

Key facts

Type
2-bed apartment
Size
1,166 sqft
Floor
7th of 8
Parking
B-348, B-349
Developer
Danube Properties Development
Completed
2017
Service charge
AED 18,300 /yr
Last sold
AED 1.16M · January 2017

About 722, Glitz Residence 3 Tower 1

722 is a two-bedroom apartment of 1,166 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 19 January 2017 for AED 1,160,000, or AED 994 per sqft, 4% above the AED 960 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 23 May 2026, is AED 80,000 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 18,300 a year.

Sales and rents for 722 over time

Sales
Unit 722, 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, January 2017: AED 1,160,000 (AED 994 per sqft)

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

Rents
Unit 722, 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, December 2020: AED 48,000 a yearNew contract, February 2022: AED 58,000 a yearNew contract, May 2024: AED 81,000 a yearRenewal, May 2025: AED 81,000 a yearNew contract, May 2026: AED 80,000 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 722 sits

All 64 2-beds →

722 last sold in January 2017 at AED 994 per sqft, 4% above what two-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 960). 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. 722's AED 80,000 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

722, Glitz Residence 3 Tower 1 in numbers

  • Sold once: by Danube Properties Development on 19 January 2017 for AED 1,160,000, or AED 994 per sqft.
  • Rented since December 2020 on 5 Ejari contracts, from AED 48,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2017 price is 6.9%, before a service charge of about AED 18,300 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 23 May 2026.

Questions about 722, Glitz Residence 3 Tower 1

What did unit 722 last sell for?

AED 1,160,000 on 19 January 2017, sold by the developer: AED 994 per sqft for 1,166 sqft. It is the only registered sale of the unit.

What is the rent for unit 722?

AED 80,000 a year on the contract signed on 23 May 2026. The previous contract, from May 2025, was AED 81,000; the unit has been rented since December 2020.

How big is unit 722?

1,166 sqft (108.3 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 722 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 722, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 1.16M, 19 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,160,000
Deposit, UAE resident (20%)
AED 232,000
Deposit, non-resident (40%)
AED 464,000
Monthly over 25 years at 3.7%
AED 4,746

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