1-bed · 666 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 7th floor · completed 2017

715, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in September 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 715 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 796K26 September 2016
Current rentAED 55K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 715, Glitz Residence 3 Tower 2

What is 715 worth today?

Last sold for AED 796,000 in 2016

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1 Jun 2025RentedRenewal
AED 55,000/yr12 months · AED 82 per sqft
1 Jun 2025RentedRenewal
AED 55,000/yr12 months · AED 82 per sqft
1 Jun 2024RentedRenewal
AED 50,000/yr12 months · AED 74 per sqft
1 Jun 2023RentedRenewal
AED 46,000/yr12 months · AED 68 per sqft
1 Jun 2022RentedRenewal
AED 41,800/yr12 months · AED 62 per sqft
1 Jun 2021RentedNew contract
AED 38,000/yr12 months · AED 56 per sqft
21 Jan 2020RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft
21 Jan 2019RentedNew contract
AED 59,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
1-bed apartment
Size
666 sqft
Floor
7th of 8
Parking
B-54
Developer
Danube Properties Development
Completed
2017
Service charge
AED 10,400 /yr
Last sold
AED 796K · September 2016

About 715, Glitz Residence 3 Tower 2

715 is a one-bedroom apartment of 666 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 26 September 2016 for AED 796,000, or AED 1,195 per sqft, 6% above the AED 1,123 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 55,000 a year: a gross yield of 6.9% on the 2016 price, before the service charge of about AED 10,400 a year.

Sales and rents for 715 over time

Sales
Unit 715, 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 796,000 (AED 1,195 per sqft)

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

Rents
Unit 715, 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, January 2019: AED 59,000 a yearNew contract, January 2020: AED 55,000 a yearNew contract, June 2021: AED 38,000 a yearRenewal, June 2022: AED 41,800 a yearRenewal, June 2023: AED 46,000 a yearRenewal, June 2024: AED 50,000 a yearRenewal, June 2025: AED 55,000 a yearRenewal, June 2025: AED 55,000 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 715 sits

All 80 1-beds →

715 last sold in September 2016 at AED 1,195 per sqft, 6% 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. 715's AED 55,000 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
7061-bedAED 820K · Oct 2016
7071-bedAED 830K · Aug 2016
1–7 of 21

715, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 26 September 2016 for AED 796,000, or AED 1,195 per sqft.
  • Rented since January 2019 on 8 Ejari contracts. The rent fell from AED 59,000 to AED 38,000 in 2021 and recovered to AED 55,000 by June 2025.
  • At AED 55,000 a year the gross yield on the 2016 price is 6.9%, before a service charge of about AED 10,400 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 1 June 2025.

Questions about 715, Glitz Residence 3 Tower 2

What did unit 715 last sell for?

AED 796,000 on 26 September 2016, sold by the developer: AED 1,195 per sqft for 666 sqft. It is the only registered sale of the unit.

What is the rent for unit 715?

AED 55,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2025, was AED 55,000; the unit has been rented since January 2019.

How big is unit 715?

666 sqft (61.9 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 715 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 715, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 796K, 26 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 796,000
Deposit, UAE resident (20%)
AED 159,200
Deposit, non-resident (40%)
AED 318,400
Monthly over 25 years at 3.7%
AED 3,257

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