109, 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.
Property timeline for 109, Glitz Residence 2
What is 109 worth today?
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Source: Dubai Land Department. Updated 1 April 2024.
Key facts
- Type
- Studio apartment
- Size
- 242 sqft
- Floor
- 1st of 8
- Parking
- G-48
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 4,000 /yr
- Last sold
- AED 499K · August 2015
- Building
- Glitz Residence 2
About 109, Glitz Residence 2
109 is a studio of 242 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 18 August 2015 for AED 499,000, or AED 1,030 per sqft, 6% below the AED 1,091 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 40,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 4,000 a year.
Sales and rents for 109 over time
109 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Glitz Residence 2, and where 109 sits
All 34 studios →109 last sold in August 2015 at AED 1,030 per sqft, 6% below what studios in Glitz Residence 2 were fetching at the time (AED 1,091). Over the last 12 months studios sold for AED 530,000, around AED 1,140 per sqft, and rent for AED 37,000 to 54,000 a year. 109's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jan 202617 January 2026 | 465 sqft | 530,000 | 1,140 | ||
| 19 Apr 202519 April 2025 | 490 sqft | 520,000 | 1,061 | ||
| 16 Apr 202516 April 2025 | 490 sqft | 500,000 | 1,020 | ||
| 20 Jan 202520 January 2025 | 451 sqft | 465,000 | 1,030 |
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 | |
| 103 | 2-bed | 1,361 sqft | AED 1.03MAED 1,025,000 · Jun 2024June 2024 | 73,000 /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 | |
| 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 |
109, Glitz Residence 2 in numbers
- Sold once: by Danube Properties Development on 18 August 2015 for AED 499,000, or AED 1,030 per sqft.
- Rented since January 2018 on 6 Ejari contracts. The rent fell from AED 45,000 to AED 24,000 in 2022 and recovered to AED 40,000 by April 2024.
- At AED 40,000 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 4,000 a year (AED 16.56 per sqft).
- Studios in Glitz Residence 2 sold for AED 530,000–530,000 in the 12 months to November 2026; the building's median across all types is AED 1,140 per sqft.
Source: Dubai Land Department. Updated 1 April 2024.
Questions about 109, Glitz Residence 2
What did unit 109 last sell for?
AED 499,000 on 18 August 2015, sold by the developer: AED 1,030 per sqft for 242 sqft. It is the only registered sale of the unit.
What is the rent for unit 109?
AED 40,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 26,400; the unit has been rented since January 2018.
How big is unit 109?
242 sqft (22.5 sqm): a studio on the 1st floor of a 8-storey tower completed in 2017.
What is unit 109 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glitz Residence 2 sold for AED 530,000 to 530,000 in the last 12 months, around AED 1,140 per sqft.
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Mortgage on 109, Glitz Residence 2
Starts from the last sale price (AED 499K, 18 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 499,000
- Deposit, UAE resident (20%)
- AED 99,800
- Deposit, non-resident (40%)
- AED 199,600
- Monthly over 25 years at 3.7%
- AED 2,042
Plus AED 23,868 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →