702, Glitz Residence 3 Tower 2
Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Glitz Residence 3 Tower 2
What is 702 worth today?
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Source: Dubai Land Department. Updated 28 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 443 sqft
- Floor
- 7th of 8
- Parking
- B-77
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 6,900 /yr
- Last sold
- AED 450K · May 2024
- Building
- Glitz Residence 3 Tower 2
About 702, Glitz Residence 3 Tower 2
702 is a studio of 443 sqft on the 7th floor of Glitz Residence 3 Tower 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 28 May 2024 for AED 450,000, or AED 1,016 per sqft, 22% above the AED 833 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 5 May 2024, is AED 41,000 a year: a gross yield of 9.1% on the 2024 price, before the service charge of about AED 6,900 a year.
Sales and rents for 702 over time
702 has sold 4 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Glitz Residence 3 Tower 2, and where 702 sits
All 16 studios →702 last sold in May 2024 at AED 1,016 per sqft, 22% above what studios in Glitz Residence 3 Tower 2 were fetching at the time (AED 833). Over the last 12 months studios sold for AED 525,000 to 560,000, around AED 1,239 per sqft, and rent for AED 40,425 to 48,000 a year. 702's AED 41,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Dec 202526 December 2025 | 433 sqft | 560,000 | 1,291 | ||
| 18 Nov 202518 November 2025 | 443 sqft | 525,000 | 1,186 | ||
| 2 Oct 20252 October 2025 | 443 sqft | 597,375 | 1,349 | ||
| 28 Aug 202528 August 2025 | 443 sqft | 590,000 | 1,333 |
Glitz Residence 3 Tower 2
Building176 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%
Other units on the 7th floor
All 176 units in Glitz Residence 3 Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,354 sqft | AED 800KAED 800,000 · Aug 2021August 2021 | 105,000 /yr | |
| 703 | 1-bed | 743 sqft | AED 515KAED 515,000 · Dec 2021December 2021 | 47,000 /yr | |
| 704 | 2-bed | 1,293 sqft | AED 1.25MAED 1,250,000 · Nov 2016November 2016 | 86,000 /yr | |
| 705 | 2-bed | 1,152 sqft | AED 850KAED 850,000 · Mar 2025March 2025 | ||
| 706 | 1-bed | 739 sqft | AED 820KAED 820,000 · Oct 2016October 2016 | 62,025 /yr | |
| 707 | 1-bed | 739 sqft | AED 830KAED 830,000 · Aug 2016August 2016 | 62,843 /yr | |
| 708 | 1-bed | 672 sqft | AED 786KAED 786,000 · Aug 2016August 2016 | 57,500 /yr | |
| 709 | 2-bed | 1,242 sqft | AED 1.03MAED 1,025,000 · Feb 2024February 2024 | 96,000 /yr | |
| 710 | 1-bed | 779 sqft | AED 845KAED 845,000 · Sep 2016September 2016 | 62,000 /yr | |
| 711 | 2-bed | 1,162 sqft | AED 1.1MAED 1,095,000 · Sep 2016September 2016 | 94,500 /yr | |
| 712 | 2-bed | 1,161 sqft | AED 1.11MAED 1,110,000 · Oct 2015October 2015 | 90,000 /yr | |
| 713 | 3-bed | 1,350 sqft | AED 1.05MAED 1,050,000 · Jun 2023June 2023 | 80,000 /yr | |
| 714 | 1-bed | 820 sqft | No registered sale | 59,143 /yr | |
| 715 | 1-bed | 666 sqft | AED 796KAED 796,000 · Sep 2016September 2016 | 55,000 /yr | |
| 716 | 1-bed | 739 sqft | AED 830KAED 830,000 · Oct 2015October 2015 | 58,000 /yr | |
| 717 | 1-bed | 739 sqft | AED 830KAED 830,000 · Apr 2016April 2016 | 63,000 /yr | |
| 718 | 1-bed | 672 sqft | AED 670KAED 670,000 · Dec 2024December 2024 | 63,000 /yr | |
| 719 | Studio | 433 sqft | AED 380KAED 380,000 · Aug 2023August 2023 | 42,000 /yr | |
| 720 | 2-bed | 1,150 sqft | AED 1.09MAED 1,090,000 · Oct 2024October 2024 | 70,000 /yr | |
| 721 | 2-bed | 1,134 sqft | AED 1.03MAED 1,025,000 · Feb 2025February 2025 | 80,000 /yr | |
| 722 | 2-bed | 1,166 sqft | AED 1.16MAED 1,160,000 · Aug 2016August 2016 | 85,000 /yr |
702, Glitz Residence 3 Tower 2 in numbers
- Sold 4 times: first on 27 October 2015 for AED 485,000, last on 28 May 2024 for AED 450,000 (AED 1,016 per sqft).
- Rented since November 2018 on 5 Ejari contracts. The rent fell from AED 40,000 to AED 24,000 in 2023 and recovered to AED 41,000 by May 2024.
- At AED 41,000 a year the gross yield on the 2024 price is 9.1%, before a service charge of about AED 6,900 a year (AED 15.66 per sqft).
- Studios in Glitz Residence 3 Tower 2 sold for AED 525,000–560,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.
Source: Dubai Land Department. Updated 28 May 2024.
Questions about 702, Glitz Residence 3 Tower 2
What did unit 702 last sell for?
AED 450,000 on 28 May 2024: AED 1,016 per sqft for 443 sqft. The unit has 4 registered sales; the first was AED 485,000 in October 2015.
What is the rent for unit 702?
AED 41,000 a year on the contract signed on 5 May 2024. The previous contract, from March 2023, was AED 24,000; the unit has been rented since November 2018.
How big is unit 702?
443 sqft (41.2 sqm): a studio on the 7th floor of a 8-storey tower completed in 2017.
What is unit 702 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glitz Residence 3 Tower 2 sold for AED 525,000 to 560,000 in the last 12 months, around AED 1,239 per sqft.
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Mortgage on 702, Glitz Residence 3 Tower 2
Starts from the last sale price (AED 450K, 28 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →