1-bed · 739 sqftGlitz Residence 3 Tower 1, Dubai Studio City · 7th floor · completed 2017

706, Glitz Residence 3 Tower 1

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 1 October 2023

Last soldAED 820K13 October 2016

Current rentAED 56K /yr1 October 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 706, Glitz Residence 3 Tower 1

Today

What is 706 worth today?

Last sold for AED 820,000 in 2016

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1 Oct 2023

1 Oct 2023RentedNew contract

AED 56,000/yr12 months · AED 75 per sqft

24 Jul 2022

24 Jul 2022RentedNew contract

AED 43,000/yr12 months · AED 58 per sqft

1 Mar 2021

1 Mar 2021RentedNew contract

AED 36,000/yr12 months · AED 48 per sqft

1 Dec 2018

1 Dec 2018RentedNew contract

AED 55,000/yr12 months · AED 74 per sqft

13 Oct 2016

13 Oct 2016Sold by developerOff-plan

AED 820,000AED 1,109 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type: 1-bed apartment
Size: 739 sqft
Floor: 7th of 8
Parking: B-29
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 11,600 /yr
Last sold: AED 820K · October 2016
Building: Glitz Residence 3 Tower 1

About 706, Glitz Residence 3 Tower 1

706 is a one-bedroom apartment of 739 sqft on the 7th floor of Glitz Residence 3 Tower 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 13 October 2016 for AED 820,000, or AED 1,109 per sqft, in line with the AED 1,109 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 October 2023, is AED 56,000 a year: a gross yield of 6.8% on the 2016 price, before the service charge of about AED 11,600 a year.

Sales and rents for 706 over time

Sales

Unit 706, each saleTypical one-bed in Glitz Residence 3 Tower 1

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

Rents

Unit 706, each contractTypical one-bed in Glitz Residence 3 Tower 1

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 1, and where 706 sits

All 75 1-beds →

1-beds in Glitz Residence 3 Tower 1 · last 12 months1,101 /sqft Glitz Residence 3 Tower 1 · all types960 /sqft

706 last sold in October 2016 at AED 1,109 per sqft, in line with what one-beds in Glitz Residence 3 Tower 1 were fetching at the time (AED 1,109). Over the last 12 months one-beds sold for AED 770,000 to 780,000, around AED 1,101 per sqft, and rent for AED 52,800 to 63,000 a year. 706's AED 56,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
19 Dec 202519 December 2025	739 sqft	770,000	1,042
14 Jul 202514 July 2025	672 sqft	743,000	1,105
4 Jul 20254 July 2025	739 sqft	710,000	960
18 Jun 202518 June 2025	672 sqft	735,000	1,093

2 1-bed sales in the last 12 months

Glitz Residence 3 Tower 1

Building

176 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 6 sold in the last 12 months.

Typical price per sqft: AED 960
Typical sale: AED 1.08M
Typical rent: AED 63K /yr
Typical yield: 8.1%

Glitz Residence 3 Tower 1, Dubai Studio City: prices, sales and rents →

Other units on the 7th floor

All 176 units in Glitz Residence 3 Tower 1


701	3-bed	1,354 sqft	AED 1.35MAED 1,350,000 · Sep 2016September 2016
702	Studio	443 sqft	AED 460KAED 460,000 · Feb 2025February 2025	50,139 /yr
703	1-bed	743 sqft	AED 650KAED 650,000 · Aug 2024August 2024	60,900 /yr
704	2-bed	1,293 sqft	AED 1.25MAED 1,250,000 · Jul 2016July 2016	95,000 /yr
705	2-bed	1,152 sqft	AED 1.11MAED 1,105,000 · Jan 2017January 2017	70,000 /yr
707	1-bed	739 sqft	AED 650KAED 650,000 · Dec 2024December 2024	46,439 /yr
708		672 sqft	AED 780KAED 780,000 · Nov 2025November 2025	52,000 /yr
709	2-bed	1,242 sqft	AED 950KAED 950,000 · Jul 2024July 2024	97,000 /yr
710		779 sqft	AED 765KAED 765,000 · Oct 2025October 2025	50,600 /yr
711		1,162 sqft	AED 1.08MAED 1,080,000 · Nov 2025November 2025	85,000 /yr
712	2-bed	1,161 sqft	AED 850KAED 850,000 · Apr 2023April 2023	53,000 /yr
713	3-bed	1,350 sqft	AED 1.34MAED 1,340,000 · Oct 2024October 2024	100,000 /yr
714	1-bed	820 sqft	AED 940KAED 940,000 · Jun 2017June 2017	55,440 /yr
715	1-bed	666 sqft	AED 786KAED 786,000 · Oct 2015October 2015	60,000 /yr
716	1-bed	739 sqft	AED 830KAED 830,000 · Oct 2015October 2015	57,200 /yr
717	1-bed	739 sqft	AED 500KAED 500,000 · Nov 2022November 2022	40,000 /yr
718	1-bed	672 sqft	AED 796KAED 796,000 · Oct 2015October 2015	60,000 /yr
719	Studio	433 sqft	AED 475KAED 475,000 · Oct 2015October 2015	6,327 /yr
720	2-bed	1,150 sqft	AED 1.11MAED 1,105,000 · Oct 2015October 2015	74,865 /yr
721	2-bed	1,134 sqft	AED 850KAED 850,000 · Oct 2023October 2023	58,300 /yr
722	2-bed	1,166 sqft	AED 1.16MAED 1,160,000 · Jan 2017January 2017	81,000 /yr

1–7 of 21

706, Glitz Residence 3 Tower 1 in numbers

Sold once: by Danube Properties Development on 13 October 2016 for AED 820,000, or AED 1,109 per sqft.
Rented since December 2018 on 4 Ejari contracts. The rent fell from AED 55,000 to AED 36,000 in 2021 and recovered to AED 56,000 by October 2023.
At AED 56,000 a year the gross yield on the 2016 price is 6.8%, before a service charge of about AED 11,600 a year (AED 15.66 per sqft).
One-beds in Glitz Residence 3 Tower 1 sold for AED 770,000–780,000 in the 12 months to November 2026; the building's median across all types is AED 960 per sqft.

Source: Dubai Land Department. Updated 1 October 2023.

Questions about 706, Glitz Residence 3 Tower 1

What did unit 706 last sell for?

AED 820,000 on 13 October 2016, sold by the developer: AED 1,109 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 56,000 a year on the contract signed on 1 October 2023. The previous contract, from July 2022, was AED 43,000; the unit has been rented since December 2018.

How big is unit 706?

739 sqft (68.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 706 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 1 sold for AED 770,000 to 780,000 in the last 12 months, around AED 1,101 per sqft.

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Mortgage on 706, Glitz Residence 3 Tower 1

Starts from the last sale price (AED 820K, 13 October 2016). Switch to today's estimate once you have unlocked it.

Price: AED 820,000
Deposit, UAE resident (20%): AED 164,000
Deposit, non-resident (40%): AED 328,000
Monthly over 25 years at 3.7%: AED 3,355

Plus AED 39,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →