1-bed · 739 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 6th floor · completed 2017

617, Glitz Residence 3 Tower 2

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 617 · DLD and Ejari recordsUpdated 26 November 2024
Last soldAED 830K27 October 2015
Current rentAED 70K /yr26 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, Glitz Residence 3 Tower 2

What is 617 worth today?

Last sold for AED 830,000 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Nov 2024RentedRenewal
AED 70,000/yr12 months · AED 96 per sqft
25 Nov 2023RentedNew contract
AED 67,812/yr12 months · AED 93 per sqft
1 Jun 2021RentedRenewal
AED 40,000/yr12 months · AED 54 per sqft
1 Jun 2020RentedRenewal
AED 48,000/yr12 months · AED 65 per sqft
1 Jun 2019RentedNew contract
AED 48,000/yr12 months · AED 65 per sqft
27 Oct 2015Sold by developerOff-plan
AED 830,000AED 1,123 per sqft

Source: Dubai Land Department. Updated 26 November 2024.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
6th of 8
Parking
B-47
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 830K · October 2015

About 617, Glitz Residence 3 Tower 2

617 is a one-bedroom apartment of 739 sqft on the 6th floor of Glitz Residence 3 Tower 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 27 October 2015 for AED 830,000, or AED 1,123 per sqft, in line with the AED 1,123 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 26 November 2024, is AED 70,000 a year: a gross yield of 8.4% on the 2015 price, before the service charge of about AED 11,600 a year.

Sales and rents for 617 over time

Sales
Unit 617, each saleTypical one-bed in Glitz Residence 3 Tower 2
600K800K20152018202120242027Typical sale price by year: 2015 AED 830,000; 2016 AED 820,000; 2018 AED 815,050; 2019 AED 585,000; 2021 AED 482,500; 2022 AED 522,500; 2024 AED 640,000; 2025 AED 700,000; 2026 AED 705,000Sold by developer, October 2015: AED 830,000 (AED 1,123 per sqft)

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

Rents
Unit 617, each contractTypical one-bed in Glitz Residence 3 Tower 2
40K60K2018202120242027Typical rent by year: 2018 AED 52,000; 2019 AED 50,000; 2020 AED 45,000; 2021 AED 36,000; 2022 AED 41,200; 2023 AED 47,125; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 60,000New contract, June 2019: AED 48,000 a yearRenewal, June 2020: AED 48,000 a yearRenewal, June 2021: AED 40,000 a yearNew contract, November 2023: AED 67,812 a yearRenewal, November 2024: AED 70,000 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 2, and where 617 sits

All 80 1-beds →

617 last sold in October 2015 at AED 1,123 per sqft, in line with what one-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 1,123). Over the last 12 months one-beds sold for AED 700,000 to 720,000, around AED 1,039 per sqft, and rent for AED 50,000 to 78,000 a year. 617's AED 70,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jul 2026720,000
27 Jun 2026705,000
13 Feb 2026700,000
27 Aug 2025750,000
3 1-bed sales in the last 12 months

Glitz Residence 3 Tower 2

Building

176 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 10 sold in the last 12 months.

Typical price per sqft
AED 973 Down 2.4%
Typical sale
AED 905K
Typical rent
AED 62K /yr
Typical yield
8.2%
Glitz Residence 3 Tower 2, Dubai Studio City: prices, sales and rents →

Other units on the 6th floor

All 176 units in Glitz Residence 3 Tower 2
Value
6013-bedAED 1.4M · Sep 2025
602StudioAED 597K · Oct 2025
6031-bedAED 669K · Dec 2019
6042-bedAED 900K · Aug 2023
6052-bedAED 850K · Jan 2019
6061-bedAED 630K · Jan 2019
6071-bedAED 225K · Feb 2021
1–7 of 21

617, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 27 October 2015 for AED 830,000, or AED 1,123 per sqft.
  • Rented since June 2019 on 5 Ejari contracts. The rent fell from AED 48,000 to AED 40,000 in 2021 and recovered to AED 70,000 by November 2024.
  • At AED 70,000 a year the gross yield on the 2015 price is 8.4%, before a service charge of about AED 11,600 a year (AED 15.66 per sqft).
  • One-beds in Glitz Residence 3 Tower 2 sold for AED 700,000–720,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 26 November 2024.

Questions about 617, Glitz Residence 3 Tower 2

What did unit 617 last sell for?

AED 830,000 on 27 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 617?

AED 70,000 a year on the contract renewed on 26 November 2024. The previous contract, from November 2023, was AED 67,812; the unit has been rented since June 2019.

How big is unit 617?

739 sqft (68.7 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2017.

What is unit 617 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 2 sold for AED 700,000 to 720,000 in the last 12 months, around AED 1,039 per sqft.

Selling 617? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 617, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 830K, 27 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 →