703, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Glitz Residence 1
What is 703 worth today?
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Source: Dubai Land Department. Updated 4 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,200 sqft
- Floor
- 7th of 8
- Parking
- B-128, B-129
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.08M · August 2015
- Building
- Glitz Residence 1
About 703, Glitz Residence 1
703 is a two-bedroom apartment of 1,200 sqft on the 7th floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 31 August 2015 for AED 1,080,094, or AED 900 per sqft, in line with the AED 908 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 4 April 2025, is AED 76,650 a year: a gross yield of 7.1% on the 2015 price, before the service charge of about AED 20,300 a year.
Sales and rents for 703 over time
703 has sold once; the dashed line is the two-bed median of each year in the building.
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 1, and where 703 sits
All 31 2-beds →703 last sold in August 2015 at AED 900 per sqft, in line with what two-beds in Glitz Residence 1 were fetching at the time (AED 908). 703's AED 76,650 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 May 20258 May 2025 | 1,196 sqft | 1,100,000 | 920 | ||
| 21 Apr 202521 April 2025 | 1,197 sqft | 1,050,000 | 876 | ||
| 15 Apr 202515 April 2025 | 1,200 sqft | 1,050,000 | 875 | ||
| 28 Mar 202528 March 2025 | 1,200 sqft | 1,050,000 | 875 |
Glitz Residence 1
Building146 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 2 sold in the last 12 months.
- Typical price per sqft
- AED 986
- Typical sale
- AED 600K
- Typical rent
- AED 60K /yr
- Typical yield
- 8.4%
Other units on the 7th floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 786 sqft | AED 791KAED 791,178 · Apr 2015April 2015 | 38,000 /yr | |
| 702 | Studio | 465 sqft | AED 490KAED 489,956 · Aug 2015August 2015 | ||
| 704 | 2-bed | 1,196 sqft | AED 1.15MAED 1,150,000 · Mar 2025March 2025 | 55,000 /yr | |
| 705 | Studio | 490 sqft | AED 518KAED 518,084 · Aug 2015August 2015 | 27,000 /yr | |
| 706 | 1-bed | 672 sqft | AED 755KAED 755,076 · Jun 2015June 2015 | 68,000 /yr | |
| 707 | 1-bed | 739 sqft | AED 816KAED 815,674 · Aug 2015August 2015 | 54,600 /yr | |
| 708 | 1-bed | 674 sqft | AED 750KAED 750,076 · Jun 2015June 2015 | 48,300 /yr | |
| 709 | 3-bed | 1,647 sqft | AED 1.5MAED 1,495,936 · Apr 2015April 2015 | 110,000 /yr | |
| 710 | 3-bed | 1,647 sqft | AED 1.5MAED 1,495,000 · Apr 2015April 2015 | 110,000 /yr | |
| 711 | 1-bed | 675 sqft | AED 770KAED 770,000 · Jun 2015June 2015 | 52,800 /yr | |
| 712 | 1-bed | 739 sqft | AED 500KAED 499,999 · Aug 2022August 2022 | 60,000 /yr | |
| 713 | 1-bed | 674 sqft | AED 770KAED 770,000 · Aug 2015August 2015 | 60,000 /yr | |
| 714 | Studio | 490 sqft | AED 518KAED 518,084 · Aug 2015August 2015 | 50,000 /yr | |
| 715 | 2-bed | 1,197 sqft | AED 1.07MAED 1,074,834 · Aug 2015August 2015 | 71,000 /yr | |
| 716 | 2-bed | 1,175 sqft | AED 1.08MAED 1,080,094 · Feb 2015February 2015 | 66,500 /yr | |
| 717 | Studio | 226 sqft | AED 175KAED 175,000 · Feb 2024February 2024 | 36,000 /yr | |
| 718 | 1-bed | 762 sqft | AED 805KAED 805,000 · Aug 2015August 2015 | 67,000 /yr |
703, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 31 August 2015 for AED 1,080,094, or AED 900 per sqft.
- Rented since February 2019 on 4 Ejari contracts. The rent fell from AED 64,615 to AED 50,000 in 2023 and recovered to AED 76,650 by April 2025.
- At AED 76,650 a year the gross yield on the 2015 price is 7.1%, before a service charge of about AED 20,300 a year (AED 16.96 per sqft).
Source: Dubai Land Department. Updated 4 April 2025.
Questions about 703, Glitz Residence 1
What did unit 703 last sell for?
AED 1,080,094 on 31 August 2015, sold by the developer: AED 900 per sqft for 1,200 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 76,650 a year on the contract renewed on 4 April 2025. The previous contract, from April 2024, was AED 73,000; the unit has been rented since February 2019.
How big is unit 703?
1,200 sqft (111.5 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.
What is unit 703 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 703, Glitz Residence 1
Starts from the last sale price (AED 1.08M, 31 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,080,094
- Deposit, UAE resident (20%)
- AED 216,019
- Deposit, non-resident (40%)
- AED 432,038
- Monthly over 25 years at 3.7%
- AED 4,419
Plus AED 50,374 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →