1-bed · 862 sqftGlitz Residence 2, Dubai Studio City · 1st floor · completed 2017

107, Glitz Residence 2

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 885K16 August 2015
Current rentAED 65K /yr22 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Glitz Residence 2

What is 107 worth today?

Last sold for AED 885,000 in 2015

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22 Jul 2024RentedRenewal
AED 65,000/yr12 months · AED 75 per sqft
22 Jul 2023RentedNew contract
AED 48,000/yr12 months · AED 56 per sqft
22 Jul 2022RentedNew contract
AED 42,000/yr12 months · AED 49 per sqft
16 Mar 2021RentedNew contract
AED 36,000/yr12 months · AED 42 per sqft
6 Mar 2019RentedNew contract
AED 52,000/yr12 months · AED 60 per sqft
28 Feb 2018RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft
16 Aug 2015Sold by developerOff-plan
AED 885,000AED 1,026 per sqft

Source: Dubai Land Department. Updated 22 July 2024.

Key facts

Type
1-bed apartment
Size
862 sqft
Floor
1st of 8
Parking
B-19
Developer
Danube Properties Development
Completed
2017
Service charge
AED 14,300 /yr
Last sold
AED 885K · August 2015

About 107, Glitz Residence 2

107 is a one-bedroom apartment of 862 sqft on the 1st floor of Glitz Residence 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 16 August 2015 for AED 885,000, or AED 1,026 per sqft, 9% below the AED 1,128 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 22 July 2024, is AED 65,000 a year: a gross yield of 7.3% on the 2015 price, before the service charge of about AED 14,300 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical one-bed in Glitz Residence 2
400K600K800K2015201820212024Typical sale price by year: 2015 AED 805,000; 2017 AED 760,000; 2018 AED 812,250; 2019 AED 675,000; 2020 AED 475,000; 2021 AED 450,000; 2022 AED 460,000; 2023 AED 585,000; 2024 AED 640,000; 2025 AED 715,000Sold by developer, August 2015: AED 885,000 (AED 1,026 per sqft)

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

Rents
Unit 107, each contractTypical one-bed in Glitz Residence 2
40K60K2018202120242027Typical rent by year: 2018 AED 55,000; 2019 AED 50,000; 2020 AED 42,000; 2021 AED 35,000; 2022 AED 40,000; 2023 AED 44,000; 2024 AED 50,400; 2025 AED 60,000; 2026 AED 62,500New contract, February 2018: AED 60,000 a yearNew contract, March 2019: AED 52,000 a yearNew contract, March 2021: AED 36,000 a yearNew contract, July 2022: AED 42,000 a yearNew contract, July 2023: AED 48,000 a yearRenewal, July 2024: AED 65,000 a year

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 2, and where 107 sits

All 62 1-beds →

107 last sold in August 2015 at AED 1,026 per sqft, 9% below what one-beds in Glitz Residence 2 were fetching at the time (AED 1,128). 107's AED 65,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jul 2025720,000
20 May 2025750,000
16 Apr 2025710,000
12 Feb 2025680,000
0 1-bed sales in the last 12 months

Glitz Residence 2

Building

146 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 2 sold in the last 12 months.

Typical price per sqft
AED 1,027
Typical sale
AED 803K
Typical rent
AED 60K /yr
Typical yield
8.5%
Glitz Residence 2, Dubai Studio City: prices, sales and rents →

Other units on the 1st floor

All 146 units in Glitz Residence 2
Value
1011-bedAED 807K · Apr 2015
102StudioAED 490K · Apr 2015
1032-bedAED 1.03M · Jun 2024
1042-bedAED 1.35M · Oct 2015
105StudioAED 480K · May 2024
1061-bedAED 705K · Jan 2025
1081-bedAED 850K · Jun 2015
1–7 of 19

107, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 16 August 2015 for AED 885,000, or AED 1,026 per sqft.
  • Rented since February 2018 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 36,000 in 2021 and recovered to AED 65,000 by July 2024.
  • At AED 65,000 a year the gross yield on the 2015 price is 7.3%, before a service charge of about AED 14,300 a year (AED 16.56 per sqft).

Source: Dubai Land Department. Updated 22 July 2024.

Questions about 107, Glitz Residence 2

What did unit 107 last sell for?

AED 885,000 on 16 August 2015, sold by the developer: AED 1,026 per sqft for 862 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 65,000 a year on the contract renewed on 22 July 2024. The previous contract, from July 2023, was AED 48,000; the unit has been rented since February 2018.

How big is unit 107?

862 sqft (80.1 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 107 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 107, Glitz Residence 2

Starts from the last sale price (AED 885K, 16 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 885,000
Deposit, UAE resident (20%)
AED 177,000
Deposit, non-resident (40%)
AED 354,000
Monthly over 25 years at 3.7%
AED 3,621

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →