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3-bed · 1,350 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 7th floor · completed 2017

713, Glitz Residence 3 Tower 2

Sold prices and rental history: sold 3 times, last in June 2023, and rented once, from September 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 713 · DLD and Ejari recordsUpdated 21 June 2023
Last soldAED 1.05M21 June 2023
Current rentAED 80K /yr25 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 713, Glitz Residence 3 Tower 2

What is 713 worth today?

Last sold for AED 1,050,000 in 2023

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21 Jun 2023SoldReady
AED 1,050,000AED 777 per sqft
25 May 2022SoldReady
AED 850,000AED 629 per sqft
25 Sep 2019RentedNew contract
AED 80,000/yr12 months · AED 59 per sqft
25 Oct 2015Sold by developerOff-plan
AED 1,375,000AED 1,018 per sqft

Source: Dubai Land Department. Updated 21 June 2023.

Key facts

Type
3-bed apartment
Size
1,350 sqft
Floor
7th of 8
Parking
B-142, B-143
Developer
Danube Properties Development
Completed
2017
Service charge
AED 21,100 /yr
Last sold
AED 1.05M · June 2023
Building
Glitz Residence 3 Tower 2

About 713, Glitz Residence 3 Tower 2

713 is a three-bedroom apartment of 1,350 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 21 June 2023 for AED 1,050,000, or AED 777 per sqft.

One Ejari contract is registered, from 25 September 2019. The current contract, signed on 25 September 2019, is AED 80,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 21,100 a year.

Sales and rents for 713 over time

Sales
Unit 713, each saleTypical three-bed in Glitz Residence 3 Tower 2
1M2015201820212024Typical sale price by year: 2015 AED 1,350,000; 2021 AED 800,000; 2023 AED 1,025,000Sold by developer, October 2015: AED 1,375,000 (AED 1,018 per sqft)Sold, May 2022: AED 850,000 (AED 629 per sqft)Sold, June 2023: AED 1,050,000 (AED 777 per sqft)

713 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 713, each contractTypical three-bed in Glitz Residence 3 Tower 2
75K100K2018202120242027Typical rent by year: 2018 AED 81,500; 2019 AED 80,000; 2020 AED 68,000; 2021 AED 68,841; 2022 AED 71,500; 2023 AED 80,000; 2024 AED 100,000; 2025 AED 110,000; 2026 AED 112,500New contract, September 2019: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Glitz Residence 3 Tower 2, and where 713 sits

All 16 3-beds →

Over the last 12 months three-beds sold for AED 1,275,000, around AED 941 per sqft, and rent for AED 105,000 to 118,000 a year. 713's AED 80,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Nov 20261,275,000
1 Sep 20251,400,000
28 Mar 20251,500,000
30 Oct 20241,275,000
1 3-bed sale 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
7061-bedAED 820K · Oct 2016
7071-bedAED 830K · Aug 2016
1–7 of 21

713, Glitz Residence 3 Tower 2 in numbers

  • Sold 3 times: first on 25 October 2015 for AED 1,375,000, last on 21 June 2023 for AED 1,050,000 (AED 777 per sqft).
  • Rented since September 2019 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 21,100 a year (AED 15.66 per sqft).
  • Three-beds in Glitz Residence 3 Tower 2 sold for AED 1,275,000–1,275,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 21 June 2023.

Questions about 713, Glitz Residence 3 Tower 2

What did unit 713 last sell for?

AED 1,050,000 on 21 June 2023: AED 777 per sqft for 1,350 sqft. The unit has 3 registered sales; the first was AED 1,375,000 in October 2015.

What is the rent for unit 713?

AED 80,000 a year on the contract signed on 25 September 2019.

How big is unit 713?

1,350 sqft (125.4 sqm): a three-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 713 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Glitz Residence 3 Tower 2 sold for AED 1,275,000 to 1,275,000 in the last 12 months, around AED 941 per sqft.

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Mortgage on 713, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 1.05M, 21 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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