1-bed · 739 sqftGlitz Residence 3 Tower 2, Dubai Studio City · 7th floor · completed 2017

706, Glitz Residence 3 Tower 2

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.

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Unit 706 · DLD and Ejari recordsUpdated 1 April 2024

Last soldAED 820K16 October 2016

Current rentAED 52K /yr1 April 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 706, Glitz Residence 3 Tower 2

Today

What is 706 worth today?

Last sold for AED 820,000 in 2016

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1 Apr 2024

1 Apr 2024RentedRenewal

AED 52,000/yr12 months · AED 70 per sqft

1 Apr 2023

1 Apr 2023RentedNew contract

AED 50,000/yr12 months · AED 68 per sqft

1 Feb 2022

1 Feb 2022RentedRenewal

AED 40,000/yr12 months · AED 54 per sqft

1 Feb 2021

1 Feb 2021RentedRenewal

AED 38,000/yr12 months · AED 51 per sqft

1 Feb 2020

1 Feb 2020RentedRenewal

AED 50,000/yr12 months · AED 68 per sqft

1 Feb 2019

1 Feb 2019RentedNew contract

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

1 Nov 2018

1 Nov 2018RentedNew contract

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

16 Oct 2016

16 Oct 2016Sold by developerOff-plan

AED 820,000AED 1,109 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type: 1-bed apartment
Size: 739 sqft
Floor: 7th of 8
Parking: B-50
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 11,600 /yr
Last sold: AED 820K · October 2016
Building: Glitz Residence 3 Tower 2

About 706, Glitz Residence 3 Tower 2

706 is a one-bedroom apartment of 739 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 16 October 2016 for AED 820,000, or AED 1,109 per sqft, in line with the AED 1,123 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 52,000 a year: a gross yield of 6.3% 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 2

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 2

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 2, and where 706 sits

All 78 1-beds →

1-beds in Glitz Residence 3 Tower 2 · last 12 months1,039 /sqft Glitz Residence 3 Tower 2 · all types1,039 /sqft

706 last sold in October 2016 at AED 1,109 per sqft, in line with what one-beds in Glitz Residence 3 Tower 2 were fetching at the time (AED 1,123). Over the last 12 months one-beds sold for AED 700,000, around AED 1,039 per sqft, and rent for AED 51,700 to 73,000 a year. 706's AED 52,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
13 Feb 202613 February 2026	673 sqft	700,000	1,039
7 Jul 20257 July 2025	672 sqft	725,000	1,079
12 Jun 202512 June 2025	739 sqft	700,000	947
27 Mar 202527 March 2025	739 sqft	700,000	947

1 1-bed sale 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


701	3-bed	1,354 sqft	AED 800KAED 800,000 · Aug 2021August 2021	99,732 /yr
702	Studio	443 sqft	AED 450KAED 450,000 · May 2024May 2024	41,000 /yr
703	1-bed	743 sqft	AED 515KAED 515,000 · Dec 2021December 2021	47,000 /yr
704	2-bed	1,293 sqft	AED 1.25MAED 1,250,000 · Nov 2016November 2016	97,000 /yr
705	2-bed	1,152 sqft	AED 850KAED 850,000 · Mar 2025March 2025
707	1-bed	739 sqft	AED 830KAED 830,000 · Aug 2016August 2016	62,843 /yr
708	1-bed	672 sqft	AED 786KAED 786,000 · Aug 2016August 2016	57,500 /yr
709	2-bed	1,242 sqft	AED 1.03MAED 1,025,000 · Feb 2024February 2024	90,000 /yr
710	1-bed	779 sqft	AED 845KAED 845,000 · Sep 2016September 2016	62,000 /yr
711	2-bed	1,162 sqft	AED 1.1MAED 1,095,000 · Sep 2016September 2016	90,000 /yr
712	2-bed	1,161 sqft	AED 1.11MAED 1,110,000 · Oct 2015October 2015	90,000 /yr
713	3-bed	1,350 sqft	AED 1.05MAED 1,050,000 · Jun 2023June 2023	80,000 /yr
714	1-bed	820 sqft	No registered sale	59,143 /yr
715	1-bed	666 sqft	AED 796KAED 796,000 · Sep 2016September 2016	55,000 /yr
716	1-bed	739 sqft	AED 830KAED 830,000 · Oct 2015October 2015	58,000 /yr
717	1-bed	739 sqft	AED 830KAED 830,000 · Apr 2016April 2016	63,000 /yr
718	1-bed	672 sqft	AED 670KAED 670,000 · Dec 2024December 2024	63,000 /yr
719	Studio	433 sqft	AED 380KAED 380,000 · Aug 2023August 2023	42,000 /yr
720	2-bed	1,150 sqft	AED 1.09MAED 1,090,000 · Oct 2024October 2024	70,000 /yr
721	2-bed	1,134 sqft	AED 1.03MAED 1,025,000 · Feb 2025February 2025	80,000 /yr
722	2-bed	1,166 sqft	AED 1.16MAED 1,160,000 · Aug 2016August 2016	85,000 /yr

1–7 of 21

706, Glitz Residence 3 Tower 2 in numbers

Sold once: by Danube Properties Development on 16 October 2016 for AED 820,000, or AED 1,109 per sqft.
Rented since November 2018 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 38,000 in 2021 and recovered to AED 52,000 by April 2024.
At AED 52,000 a year the gross yield on the 2016 price is 6.3%, before a service charge of about AED 11,600 a year (AED 15.66 per sqft).
One-beds in Glitz Residence 3 Tower 2 sold for AED 700,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 1,039 per sqft.

Source: Dubai Land Department. Updated 1 April 2024.

Questions about 706, Glitz Residence 3 Tower 2

What did unit 706 last sell for?

AED 820,000 on 16 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 52,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 50,000; the unit has been rented since November 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 2 sold for AED 700,000 to 700,000 in the last 12 months, around AED 1,039 per sqft.

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Mortgage on 706, Glitz Residence 3 Tower 2

Starts from the last sale price (AED 820K, 16 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 →