1-bed · 763 sqftGlitz Residence 2, Dubai Studio City · 1st floor · completed 2017

120, Glitz Residence 2

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 120 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 807K7 June 2015
Current rentAED 60K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 120, Glitz Residence 2

What is 120 worth today?

Last sold for AED 807,000 in 2015

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1 Jul 2025RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft
1 May 2024RentedRenewal
AED 50,000/yr12 months · AED 65 per sqft
1 May 2023RentedNew contract
AED 48,000/yr12 months · AED 63 per sqft
20 Mar 2019RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
7 Jun 2015Sold by developerOff-plan
AED 807,000AED 1,057 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
1-bed apartment
Size
763 sqft
Floor
1st of 8
Parking
B-18
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,600 /yr
Last sold
AED 807K · June 2015

About 120, Glitz Residence 2

120 is a one-bedroom apartment of 763 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 7 June 2015 for AED 807,000, or AED 1,057 per sqft, 5% below the AED 1,109 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 July 2025, is AED 60,000 a year: a gross yield of 7.4% on the 2015 price, before the service charge of about AED 12,600 a year.

Sales and rents for 120 over time

Sales
Unit 120, 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, June 2015: AED 807,000 (AED 1,057 per sqft)

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

Rents
Unit 120, 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, March 2019: AED 50,000 a yearNew contract, May 2023: AED 48,000 a yearRenewal, May 2024: AED 50,000 a yearNew contract, July 2025: AED 60,000 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 120 sits

All 62 1-beds →

120 last sold in June 2015 at AED 1,057 per sqft, 5% below what one-beds in Glitz Residence 2 were fetching at the time (AED 1,109). 120's AED 60,000 is in the lower 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. 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%
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
1071-bedAED 885K · Aug 2015
1–7 of 19

120, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 7 June 2015 for AED 807,000, or AED 1,057 per sqft.
  • Rented since March 2019 on 4 Ejari contracts, from AED 50,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 7.4%, before a service charge of about AED 12,600 a year (AED 16.56 per sqft).

Source: Dubai Land Department. Updated 1 July 2025.

Questions about 120, Glitz Residence 2

What did unit 120 last sell for?

AED 807,000 on 7 June 2015, sold by the developer: AED 1,057 per sqft for 763 sqft. It is the only registered sale of the unit.

What is the rent for unit 120?

AED 60,000 a year on the contract signed on 1 July 2025. The previous contract, from May 2024, was AED 50,000; the unit has been rented since March 2019.

How big is unit 120?

763 sqft (70.9 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 120 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 120, Glitz Residence 2

Starts from the last sale price (AED 807K, 7 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 807,000
Deposit, UAE resident (20%)
AED 161,400
Deposit, non-resident (40%)
AED 322,800
Monthly over 25 years at 3.7%
AED 3,302

Plus AED 38,904 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →