103, Glitz Residence 2
Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 103, Glitz Residence 2
What is 103 worth today?
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Source: Dubai Land Department. Updated 15 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,361 sqft
- Floor
- 1st of 8
- Parking
- B-53, B-50
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 22,500 /yr
- Last sold
- AED 1.03M · June 2024
- Building
- Glitz Residence 2
About 103, Glitz Residence 2
103 is a two-bedroom apartment of 1,361 sqft on the 1st floor of Glitz Residence 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 20 June 2024 for AED 1,025,000, or AED 753 per sqft, in line with the AED 750 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 15 November 2024, is AED 73,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 22,500 a year.
Sales and rents for 103 over time
103 has sold twice; 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 2, and where 103 sits
All 31 2-beds →103 last sold in June 2024 at AED 753 per sqft, in line with what two-beds in Glitz Residence 2 were fetching at the time (AED 750).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 May 202420 May 2024 | 1,200 sqft | 950,000 | 791 | ||
| 16 Jan 202416 January 2024 | 1,200 sqft | 900,000 | 750 | ||
| 18 Oct 202318 October 2023 | 1,197 sqft | 870,000 | 726 | ||
| 5 Jul 20235 July 2023 | 1,197 sqft | 830,000 | 693 |
Glitz Residence 2
Building146 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,140
- Typical sale
- AED 530K
- Typical rent
- AED 60K /yr
- Typical yield
- 7.7%
Other units on the 1st floor
All 146 units in Glitz Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 785 sqft | AED 807KAED 807,000 · Apr 2015April 2015 | 58,000 /yr | |
| 102 | Studio | 466 sqft | AED 490KAED 490,000 · Apr 2015April 2015 | 39,000 /yr | |
| 104 | 2-bed | 1,517 sqft | AED 1.35MAED 1,350,000 · Oct 2015October 2015 | 85,000 /yr | |
| 105 | Studio | 574 sqft | AED 480KAED 480,000 · May 2024May 2024 | ||
| 106 | 1-bed | 767 sqft | AED 705KAED 705,000 · Jan 2025January 2025 | 67,000 /yr | |
| 107 | 1-bed | 862 sqft | AED 885KAED 885,000 · Aug 2015August 2015 | 65,000 /yr | |
| 108 | 1-bed | 782 sqft | AED 850KAED 850,000 · Jun 2015June 2015 | 65,000 /yr | |
| 109 | Studio | 242 sqft | AED 499KAED 499,000 · Aug 2015August 2015 | 40,000 /yr | |
| 110 | 1-bed | 1,117 sqft | AED 550KAED 550,000 · May 2023May 2023 | 38,649 /yr | |
| 111 | 1-bed | 1,117 sqft | AED 990KAED 990,000 · Sep 2015September 2015 | 60,000 /yr | |
| 112 | Studio | 484 sqft | AED 499KAED 499,000 · Feb 2017February 2017 | ||
| 113 | 1-bed | 782 sqft | AED 450KAED 450,000 · Apr 2022April 2022 | 65,000 /yr | |
| 114 | 1-bed | 802 sqft | AED 720KAED 720,000 · Jul 2025July 2025 | 67,000 /yr | |
| 115 | 1-bed | 769 sqft | AED 420KAED 420,000 · Jun 2021June 2021 | 65,000 /yr | |
| 116 | Studio | 574 sqft | AED 615KAED 615,000 · Apr 2015April 2015 | 42,000 /yr | |
| 117 | 2-bed | 1,535 sqft | AED 740KAED 740,000 · Jan 2023January 2023 | 85,000 /yr | |
| 118 | 2-bed | 1,326 sqft | AED 1.25MAED 1,250,000 · Sep 2015September 2015 | 69,300 /yr | |
| 119 | Studio | 450 sqft | AED 490KAED 490,000 · Sep 2015September 2015 | 45,000 /yr | |
| 120 | 1-bed | 763 sqft | AED 807KAED 807,000 · Jun 2015June 2015 | 60,000 /yr |
103, Glitz Residence 2 in numbers
- Sold twice: first on 21 April 2015 for AED 1,250,000, last on 20 June 2024 for AED 1,025,000 (AED 753 per sqft).
- Rented since June 2020 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 49,000 in 2021 and recovered to AED 73,000 by November 2024.
- At AED 73,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 22,500 a year (AED 16.56 per sqft).
Source: Dubai Land Department. Updated 15 November 2024.
Questions about 103, Glitz Residence 2
What did unit 103 last sell for?
AED 1,025,000 on 20 June 2024: AED 753 per sqft for 1,361 sqft. The unit has 2 registered sales; the first was AED 1,250,000 in April 2015.
What is the rent for unit 103?
AED 73,000 a year on the contract renewed on 15 November 2024. The previous contract, from June 2023, was AED 53,000; the unit has been rented since June 2020.
How big is unit 103?
1,361 sqft (126.4 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.
What is unit 103 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 103, Glitz Residence 2
Starts from the last sale price (AED 1.03M, 20 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,025,000
- Deposit, UAE resident (20%)
- AED 205,000
- Deposit, non-resident (40%)
- AED 410,000
- Monthly over 25 years at 3.7%
- AED 4,194
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →