2-bed · 1,134 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 7th floor · completed 2017

721, Glitz Residence 3 Tower 2

Sold prices and rental history: sold twice, last in February 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 721 · DLD and Ejari recordsUpdated 25 February 2025
Last soldAED 1.03M25 February 2025
Current rentAED 80K /yr4 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 721, Glitz Residence 3 Tower 2

What is 721 worth today?

Last sold for AED 1,025,000 in 2025

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25 Feb 2025SoldReady
AED 1,025,000AED 903 per sqft
4 Oct 2024RentedNew contract
AED 80,000/yr12 months · AED 71 per sqft
1 May 2023RentedNew contract
AED 62,000/yr12 months · AED 55 per sqft
1 May 2022RentedNew contract
AED 57,000/yr12 months · AED 50 per sqft
1 May 2022RentedNew contract
AED 57,000/yr12 months · AED 50 per sqft
1 Mar 2021RentedNew contract
AED 47,000/yr12 months · AED 41 per sqft
1 Feb 2020RentedNew contract
AED 63,000/yr12 months · AED 56 per sqft
5 Sep 2019RentedRenewal
AED 70,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 25 February 2025.

Key facts

Type
2-bed apartment
Size
1,134 sqft
Floor
7th of 8
Parking
B-103, B-104
Developer
Danube Properties Development
Completed
2017
Service charge
AED 17,800 /yr
Last sold
AED 1.03M · February 2025

About 721, Glitz Residence 3 Tower 2

721 is a two-bedroom apartment of 1,134 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 February 2025 for AED 1,025,000, or AED 903 per sqft, 10% above the AED 824 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 4 October 2024, is AED 80,000 a year: a gross yield of 7.8% on the 2025 price, before the service charge of about AED 17,800 a year.

Sales and rents for 721 over time

Sales
Unit 721, each saleTypical two-bed in Glitz Residence 3 Tower 2
500K1M2015201820212024Typical sale price by year: 2015 AED 1,105,000; 2016 AED 1,160,000; 2017 AED 1,150,000; 2019 AED 1,047,088; 2021 AED 690,000; 2022 AED 600,000; 2023 AED 900,000; 2024 AED 968,000; 2025 AED 1,094,853Sold by developer, October 2015: AED 1,085,000 (AED 956 per sqft)Sold, February 2025: AED 1,025,000 (AED 903 per sqft)

721 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 721, each contractTypical two-bed in Glitz Residence 3 Tower 2
40K60K80K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 72,000; 2020 AED 58,250; 2021 AED 50,000; 2022 AED 61,000; 2023 AED 71,500; 2024 AED 80,000; 2025 AED 90,000; 2026 AED 88,000New contract, September 2018: AED 75,000 a yearRenewal, September 2019: AED 70,000 a yearNew contract, February 2020: AED 63,000 a yearNew contract, March 2021: AED 47,000 a yearNew contract, May 2022: AED 57,000 a yearNew contract, May 2022: AED 57,000 a yearNew contract, May 2023: AED 62,000 a yearNew contract, October 2024: AED 80,000 a year

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

2-beds in Glitz Residence 3 Tower 2, and where 721 sits

All 64 2-beds →

721 last sold in February 2025 at AED 903 per sqft, 10% above what two-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 824). Over the last 12 months two-beds sold for AED 1,089,706 to 1,130,000, around AED 956 per sqft, and rent for AED 45,000 to 110,000 a year. 721's AED 80,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20261,130,000
4 May 20261,100,000
14 Dec 20251,089,706
18 Nov 20251,100,000
4 2-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

721, Glitz Residence 3 Tower 2 in numbers

  • Sold twice: first on 29 October 2015 for AED 1,085,000, last on 25 February 2025 for AED 1,025,000 (AED 903 per sqft).
  • Rented since September 2018 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 47,000 in 2021 and recovered to AED 80,000 by October 2024.
  • At AED 80,000 a year the gross yield on the 2025 price is 7.8%, before a service charge of about AED 17,800 a year (AED 15.66 per sqft).
  • Two-beds in Glitz Residence 3 Tower 2 sold for AED 1,089,706–1,130,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 25 February 2025.

Questions about 721, Glitz Residence 3 Tower 2

What did unit 721 last sell for?

AED 1,025,000 on 25 February 2025: AED 903 per sqft for 1,134 sqft. The unit has 2 registered sales; the first was AED 1,085,000 in October 2015.

What is the rent for unit 721?

AED 80,000 a year on the contract signed on 4 October 2024. The previous contract, from May 2023, was AED 62,000; the unit has been rented since September 2018.

How big is unit 721?

1,134 sqft (105.4 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 721 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Glitz Residence 3 Tower 2 sold for AED 1,089,706 to 1,130,000 in the last 12 months, around AED 956 per sqft.

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Mortgage on 721, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 1.03M, 25 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

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