1-bed · 743 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 7th floor · completed 2017

703, Glitz Residence 3 Tower 2

Sold prices and rental history: sold twice, last in December 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 7 December 2021
Last soldAED 515K7 December 2021
Current rentAED 47K /yr1 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Glitz Residence 3 Tower 2

What is 703 worth today?

Last sold for AED 515,000 in 2021

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7 Dec 2021SoldReady
AED 515,000AED 693 per sqft
1 Nov 2019RentedNew contract
AED 47,000/yr12 months · AED 63 per sqft
15 Sep 2018RentedNew contract
AED 50,000/yr12 months · AED 67 per sqft
26 Sep 2016Sold by developerOff-plan
AED 820,000AED 1,103 per sqft

Source: Dubai Land Department. Updated 7 December 2021.

Key facts

Type
1-bed apartment
Size
743 sqft
Floor
7th of 8
Parking
B-49
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 515K · December 2021

About 703, Glitz Residence 3 Tower 2

703 is a one-bedroom apartment of 743 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 7 December 2021 for AED 515,000, or AED 693 per sqft, 15% above the AED 603 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 November 2019, is AED 47,000 a year: a gross yield of 9.1% on the 2021 price, before the service charge of about AED 11,600 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, September 2016: AED 820,000 (AED 1,103 per sqft)Sold, December 2021: AED 515,000 (AED 693 per sqft)

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

Rents
Unit 703, 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, September 2018: AED 50,000 a yearNew contract, November 2019: AED 47,000 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 703 sits

All 80 1-beds →

703 last sold in December 2021 at AED 693 per sqft, 15% above what one-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 603). 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. 703's AED 47,000 is at the bottom 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 7th floor

All 176 units in Glitz Residence 3 Tower 2
Value
7013-bedAED 800K · Aug 2021
702StudioAED 450K · May 2024
7042-bedAED 1.25M · Nov 2016
7052-bedAED 850K · Mar 2025
7061-bedAED 820K · Oct 2016
7071-bedAED 830K · Aug 2016
7081-bedAED 786K · Aug 2016
1–7 of 21

703, Glitz Residence 3 Tower 2 in numbers

  • Sold twice: first on 26 September 2016 for AED 820,000, last on 7 December 2021 for AED 515,000 (AED 693 per sqft).
  • Rented since September 2018 on 2 Ejari contracts, from AED 50,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2021 price is 9.1%, 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 7 December 2021.

Questions about 703, Glitz Residence 3 Tower 2

What did unit 703 last sell for?

AED 515,000 on 7 December 2021: AED 693 per sqft for 743 sqft. The unit has 2 registered sales; the first was AED 820,000 in September 2016.

What is the rent for unit 703?

AED 47,000 a year on the contract signed on 1 November 2019. The previous contract, from September 2018, was AED 50,000.

How big is unit 703?

743 sqft (69.0 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 703 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.

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Mortgage on 703, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 515K, 7 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 515,000
Deposit, UAE resident (20%)
AED 103,000
Deposit, non-resident (40%)
AED 206,000
Monthly over 25 years at 3.7%
AED 2,107

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