708, Glitz Residence 3 Tower 2
Sold prices and rental history: sold once, by the developer in August 2016, 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 708, Glitz Residence 3 Tower 2
What is 708 worth today?
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Source: Dubai Land Department. Updated 15 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 672 sqft
- Floor
- 7th of 8
- Parking
- B-52
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 10,500 /yr
- Last sold
- AED 786K · August 2016
- Building
- Glitz Residence 3 Tower 2
About 708, Glitz Residence 3 Tower 2
708 is a one-bedroom apartment of 672 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 1 August 2016 for AED 786,000, or AED 1,169 per sqft, 4% above the AED 1,123 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 15 September 2024, is AED 57,500 a year: a gross yield of 7.3% on the 2016 price, before the service charge of about AED 10,500 a year.
Sales and rents for 708 over time
708 has sold once; the dashed line is the one-bed median of each year in the building.
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 708 sits
All 80 1-beds →708 last sold in August 2016 at AED 1,169 per sqft, 4% above 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. 708's AED 57,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jul 20269 July 2026 | 739 sqft | 720,000 | 974 | ||
| 27 Jun 202627 June 2026 | 673 sqft | 705,000 | 1,047 | ||
| 13 Feb 202613 February 2026 | 673 sqft | 700,000 | 1,039 | ||
| 27 Aug 202527 August 2025 | 743 sqft | 750,000 | 1,009 |
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 | |
| 702 | Studio | 443 sqft | AED 450KAED 450,000 · May 2024May 2024 | 41,000 /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 | |
| 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 |
708, Glitz Residence 3 Tower 2 in numbers
- Sold once: by Danube Properties Development on 1 August 2016 for AED 786,000, or AED 1,169 per sqft.
- Rented since August 2018 on 4 Ejari contracts. The rent fell from AED 50,000 to AED 40,000 in 2022 and recovered to AED 57,500 by September 2024.
- At AED 57,500 a year the gross yield on the 2016 price is 7.3%, before a service charge of about AED 10,500 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 15 September 2024.
Questions about 708, Glitz Residence 3 Tower 2
What did unit 708 last sell for?
AED 786,000 on 1 August 2016, sold by the developer: AED 1,169 per sqft for 672 sqft. It is the only registered sale of the unit.
What is the rent for unit 708?
AED 57,500 a year on the contract renewed on 15 September 2024. The previous contract, from September 2023, was AED 55,000; the unit has been rented since August 2018.
How big is unit 708?
672 sqft (62.4 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.
What is unit 708 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 708, Glitz Residence 3 Tower 2
Starts from the last sale price (AED 786K, 1 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 786,000
- Deposit, UAE resident (20%)
- AED 157,200
- Deposit, non-resident (40%)
- AED 314,400
- Monthly over 25 years at 3.7%
- AED 3,216
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →