1-bed · 739 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 7th floor · completed 2017

706, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 16 December 2025
Last soldAED 820K16 October 2016
Current rentAED 62K /yr16 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Glitz Residence 3 Tower 2

What is 706 worth today?

Last sold for AED 820,000 in 2016

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16 Dec 2025RentedRenewal
AED 62,025/yr12 months · AED 84 per sqft
1 Apr 2024RentedRenewal
AED 52,000/yr12 months · AED 70 per sqft
1 Apr 2023RentedNew contract
AED 50,000/yr12 months · AED 68 per sqft
1 Feb 2022RentedRenewal
AED 40,000/yr12 months · AED 54 per sqft
1 Feb 2021RentedRenewal
AED 38,000/yr12 months · AED 51 per sqft
1 Feb 2020RentedRenewal
AED 50,000/yr12 months · AED 68 per sqft
1 Feb 2019RentedNew contract
AED 55,000/yr12 months · AED 74 per sqft
1 Nov 2018RentedNew contract
AED 55,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 16 December 2025.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
7th of 8
Parking
B-50
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,600 /yr
Last sold
AED 820K · October 2016

About 706, Glitz Residence 3 Tower 2

706 is a one-bedroom apartment of 739 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. The developer sold it on 16 October 2016 for AED 820,000, or AED 1,109 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 2018 on 8 Ejari contracts. The current contract, renewed on 16 December 2025, is AED 62,025 a year: a gross yield of 7.6% on the 2016 price, before the service charge of about AED 11,600 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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 2016: AED 820,000 (AED 1,109 per sqft)

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

Rents
Unit 706, 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, November 2018: AED 55,000 a yearNew contract, February 2019: AED 55,000 a yearRenewal, February 2020: AED 50,000 a yearRenewal, February 2021: AED 38,000 a yearRenewal, February 2022: AED 40,000 a yearNew contract, April 2023: AED 50,000 a yearRenewal, April 2024: AED 52,000 a yearRenewal, December 2025: AED 62,025 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 706 sits

All 80 1-beds →

706 last sold in October 2016 at AED 1,109 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. 706's AED 62,025 is in the lower 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 7th floor

All 176 units in Glitz Residence 3 Tower 2
Value
7013-bedAED 800K · Aug 2021
702StudioAED 450K · May 2024
7031-bedAED 515K · Dec 2021
7042-bedAED 1.25M · Nov 2016
7052-bedAED 850K · Mar 2025
7071-bedAED 830K · Aug 2016
7081-bedAED 786K · Aug 2016
1–7 of 21

706, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 16 October 2016 for AED 820,000, or AED 1,109 per sqft.
  • Rented since November 2018 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 38,000 in 2021 and recovered to AED 62,025 by December 2025.
  • At AED 62,025 a year the gross yield on the 2016 price is 7.6%, 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 16 December 2025.

Questions about 706, Glitz Residence 3 Tower 2

What did unit 706 last sell for?

AED 820,000 on 16 October 2016, sold by the developer: AED 1,109 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 62,025 a year on the contract renewed on 16 December 2025. The previous contract, from April 2024, was AED 52,000; the unit has been rented since November 2018.

How big is unit 706?

739 sqft (68.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 706 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 706, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 820K, 16 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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