2-bed · 1,293 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 7th floor · completed 2017

704, Glitz Residence 3 Tower 2

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 25 July 2025
Last soldAED 1.25M20 November 2016
Current rentAED 97K /yr25 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Glitz Residence 3 Tower 2

What is 704 worth today?

Last sold for AED 1,250,000 in 2016

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25 Jul 2025RentedNew contract
AED 97,000/yr12 months · AED 75 per sqft
24 Jun 2024RentedRenewal
AED 80,000/yr12 months · AED 62 per sqft
24 Jun 2023RentedNew contract
AED 80,000/yr12 months · AED 62 per sqft
15 Jun 2020RentedRenewal
AED 65,000/yr12 months · AED 50 per sqft
15 Jun 2019RentedNew contract
AED 70,000/yr12 months · AED 54 per sqft
20 Nov 2016Sold by developerOff-plan
AED 1,250,000AED 966 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 July 2025.

Key facts

Type
2-bed apartment
Size
1,293 sqft
Floor
7th of 8
Parking
B-184, B-185
Developer
Danube Properties Development
Completed
2017
Service charge
AED 20,200 /yr
Last sold
AED 1.25M · November 2016

About 704, Glitz Residence 3 Tower 2

704 is a two-bedroom apartment of 1,293 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. The developer sold it on 20 November 2016 for AED 1,250,000, or AED 966 per sqft, in line with the AED 966 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 25 July 2025, is AED 97,000 a year: a gross yield of 7.8% on the 2016 price, before the service charge of about AED 20,200 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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 912,500; 2024 AED 968,000; 2025 AED 1,025,000Sold by developer, November 2016: AED 1,250,000 (AED 966 per sqft)

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

Rents
Unit 704, each contractTypical two-bed in Glitz Residence 3 Tower 2
50K75K100K201820212024Typical rent by year: 2018 AED 75,000; 2019 AED 72,500; 2020 AED 58,000; 2021 AED 50,000; 2022 AED 61,000; 2023 AED 71,750; 2024 AED 80,000; 2025 AED 88,000New contract, June 2019: AED 70,000 a yearRenewal, June 2020: AED 65,000 a yearNew contract, June 2023: AED 80,000 a yearRenewal, June 2024: AED 80,000 a yearNew contract, July 2025: AED 97,000 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 704 sits

All 62 2-beds →

704 last sold in November 2016 at AED 966 per sqft, in line with what two-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 966). Over the last 12 months two-beds sold for AED 1,089,706 to 1,100,000, around AED 899 per sqft, and rent for AED 80,000 to 95,000 a year. 704's AED 97,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Dec 20251,089,706
17 Mar 2025850,000
25 Feb 20251,025,000
21 Oct 2024980,000
2 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. 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
7013-bedAED 800K · Aug 2021
702StudioAED 450K · May 2024
7031-bedAED 515K · Dec 2021
7052-bedAED 850K · Mar 2025
7061-bedAED 820K · Oct 2016
7071-bedAED 830K · Aug 2016
7081-bedAED 786K · Aug 2016
1–7 of 21

704, Glitz Residence 3 Tower 2 in numbers

  • Sold once: by Danube Properties Development on 20 November 2016 for AED 1,250,000, or AED 966 per sqft.
  • Rented since June 2019 on 5 Ejari contracts, from AED 70,000 to AED 97,000 a year.
  • At AED 97,000 a year the gross yield on the 2016 price is 7.8%, before a service charge of about AED 20,200 a year (AED 15.66 per sqft).
  • Two-beds in Glitz Residence 3 Tower 2 sold for AED 1,089,706–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,039 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 July 2025.

Questions about 704, Glitz Residence 3 Tower 2

What did unit 704 last sell for?

AED 1,250,000 on 20 November 2016, sold by the developer: AED 966 per sqft for 1,293 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 97,000 a year on the contract signed on 25 July 2025. The previous contract, from June 2024, was AED 80,000; the unit has been rented since June 2019.

How big is unit 704?

1,293 sqft (120.1 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 704 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 1,100,000 in the last 12 months, around AED 899 per sqft.

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Mortgage on 704, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 1.25M, 20 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →