3-bed · 1,354 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 7th floor · completed 2017

701, Glitz Residence 3 Tower 2

Sold prices and rental history: sold twice, last in August 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 14 July 2025
Last soldAED 800K17 August 2021
Current rentAED 100K /yr14 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Glitz Residence 3 Tower 2

What is 701 worth today?

Last sold for AED 800,000 in 2021

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14 Jul 2025RentedRenewal
AED 99,732/yr12 months · AED 74 per sqft
15 Jul 2024RentedRenewal
AED 100,000/yr12 months · AED 74 per sqft
15 Jul 2023RentedRenewal
AED 90,000/yr12 months · AED 67 per sqft
15 Jul 2022RentedNew contract
AED 90,000/yr12 months · AED 66 per sqft
17 Aug 2021SoldReady
AED 800,000AED 590 per sqft
1 Nov 2019RentedNew contract
AED 74,000/yr12 months · AED 55 per sqft
8 Sep 2018RentedNew contract
AED 100,000/yr12 months · AED 74 per sqft
27 Oct 2015Sold by developerOff-plan
AED 1,350,000AED 996 per sqft

Source: Dubai Land Department. Updated 14 July 2025.

Key facts

Type
3-bed apartment
Size
1,354 sqft
Floor
7th of 8
Parking
B-138, B-139
Developer
Danube Properties Development
Completed
2017
Service charge
AED 21,200 /yr
Last sold
AED 800K · August 2021

About 701, Glitz Residence 3 Tower 2

701 is a three-bedroom apartment of 1,354 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 17 August 2021 for AED 800,000, or AED 590 per sqft.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 14 July 2025, is AED 99,732 a year: a gross yield of 12.5% on the 2021 price, before the service charge of about AED 21,200 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical three-bed in Glitz Residence 3 Tower 2
750K1M1.25M2015201820212024Typical sale price by year: 2015 AED 1,350,000; 2021 AED 800,000; 2023 AED 1,025,000Sold by developer, October 2015: AED 1,350,000 (AED 996 per sqft)Sold, August 2021: AED 800,000 (AED 590 per sqft)

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

Rents
Unit 701, each contractTypical three-bed in Glitz Residence 3 Tower 2
75K100K201820212024Typical rent by year: 2018 AED 78,000; 2019 AED 80,000; 2020 AED 68,000; 2021 AED 70,000; 2022 AED 73,625; 2023 AED 81,000; 2024 AED 100,000; 2025 AED 112,500New contract, September 2018: AED 100,000 a yearNew contract, November 2019: AED 74,000 a yearNew contract, July 2022: AED 90,000 a yearRenewal, July 2023: AED 90,000 a yearRenewal, July 2024: AED 100,000 a yearRenewal, July 2025: AED 99,732 a year

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

3-beds in Glitz Residence 3 Tower 2, and where 701 sits

All 14 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
28 Mar 20251,500,000
30 Oct 20241,275,000
17 Jan 20241,250,000
26 Oct 20231,050,000
0 3-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. 5 sold in the last 12 months.

Typical price per sqft
AED 1,039
Typical sale
AED 700K
Typical rent
AED 64K /yr
Typical yield
8.1%
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
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
7081-bedAED 786K · Aug 2016
1–7 of 21

701, Glitz Residence 3 Tower 2 in numbers

  • Sold twice: first on 27 October 2015 for AED 1,350,000, last on 17 August 2021 for AED 800,000 (AED 590 per sqft).
  • Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 74,000 in 2019 and recovered to AED 99,732 by July 2025.
  • At AED 99,732 a year the gross yield on the 2021 price is 12.5%, before a service charge of about AED 21,200 a year (AED 15.66 per sqft).

Source: Dubai Land Department. Updated 14 July 2025.

Questions about 701, Glitz Residence 3 Tower 2

What did unit 701 last sell for?

AED 800,000 on 17 August 2021: AED 590 per sqft for 1,354 sqft. The unit has 2 registered sales; the first was AED 1,350,000 in October 2015.

What is the rent for unit 701?

AED 99,732 a year on the contract renewed on 14 July 2025. The previous contract, from July 2024, was AED 100,000; the unit has been rented since September 2018.

How big is unit 701?

1,354 sqft (125.8 sqm): a three-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 701 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 701, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 800K, 17 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →