1-bed · 672 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 7th floor · completed 2017

718, Glitz Residence 3 Tower 2

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 718 · DLD and Ejari recordsUpdated 20 March 2026
Last soldAED 670K25 December 2024
Current rentAED 63K /yr20 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 718, Glitz Residence 3 Tower 2

What is 718 worth today?

Last sold for AED 670,000 in 2024

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20 Mar 2026RentedRenewal
AED 63,000/yr12 months · AED 94 per sqft
20 Mar 2025RentedNew contract
AED 63,000/yr12 months · AED 94 per sqft
20 Mar 2025RentedNew contract
AED 63,000/yr12 months · AED 94 per sqft
25 Dec 2024SoldReady
AED 670,000AED 997 per sqft
2 Feb 2024RentedNew contract
AED 60,000/yr12 months · AED 90 per sqft
5 Jan 2023RentedNew contract
AED 44,000/yr12 months · AED 66 per sqft
10 Jun 2022SoldReady
AED 520,000AED 773 per sqft
5 Jan 2022RentedNew contract
AED 40,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 20 March 2026.

Key facts

Type
1-bed apartment
Size
672 sqft
Floor
7th of 8
Parking
B-58
Developer
Danube Properties Development
Completed
2017
Service charge
AED 10,500 /yr
Last sold
AED 670K · December 2024

About 718, Glitz Residence 3 Tower 2

718 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. It last sold on 25 December 2024 for AED 670,000, or AED 997 per sqft, 16% above the AED 863 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 20 March 2026, is AED 63,000 a year: a gross yield of 9.4% on the 2024 price, before the service charge of about AED 10,500 a year.

Sales and rents for 718 over time

Sales
Unit 718, 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, August 2016: AED 796,000 (AED 1,184 per sqft)Sold, June 2022: AED 520,000 (AED 773 per sqft)Sold, December 2024: AED 670,000 (AED 997 per sqft)

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

Rents
Unit 718, 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 2022: AED 40,000 a yearNew contract, January 2023: AED 44,000 a yearNew contract, February 2024: AED 60,000 a yearNew contract, March 2025: AED 63,000 a yearNew contract, March 2025: AED 63,000 a yearRenewal, March 2026: AED 63,000 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 718 sits

All 80 1-beds →

718 last sold in December 2024 at AED 997 per sqft, 16% above what one-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 863). 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. 718's AED 63,000 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

718, Glitz Residence 3 Tower 2 in numbers

  • Sold 3 times: first on 21 August 2016 for AED 796,000, last on 25 December 2024 for AED 670,000 (AED 997 per sqft).
  • Rented since January 2022 on 6 Ejari contracts, from AED 40,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2024 price is 9.4%, 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 20 March 2026.

Questions about 718, Glitz Residence 3 Tower 2

What did unit 718 last sell for?

AED 670,000 on 25 December 2024: AED 997 per sqft for 672 sqft. The unit has 3 registered sales; the first was AED 796,000 in August 2016.

What is the rent for unit 718?

AED 63,000 a year on the contract renewed on 20 March 2026. The previous contract, from March 2025, was AED 63,000; the unit has been rented since January 2022.

How big is unit 718?

672 sqft (62.4 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 718 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 718, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 670K, 25 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 670,000
Deposit, UAE resident (20%)
AED 134,000
Deposit, non-resident (40%)
AED 268,000
Monthly over 25 years at 3.7%
AED 2,741

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