Studio · 235 sqftGlitz Residence 2, Dubai Studio City · 3rd floor · completed 2017

302, Glitz Residence 2

Sold prices and rental history: sold twice, last in March 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 7 October 2025
Last soldAED 253K20 March 2016
Current rentAED 44K /yr7 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Glitz Residence 2

What is 302 worth today?

Last sold for AED 252,500 in 2016

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7 Oct 2025RentedNew contract
AED 44,100/yr12 months · AED 95 per sqft
7 Oct 2024RentedNew contract
AED 42,000/yr12 months · AED 90 per sqft
25 Aug 2022RentedNew contract
AED 29,000/yr12 months · AED 62 per sqft
1 Feb 2022RentedNew contract
AED 27,500/yr12 months · AED 59 per sqft
1 Feb 2021RentedNew contract
AED 27,500/yr12 months · AED 59 per sqft
1 Aug 2019RentedNew contract
AED 35,000/yr12 months · AED 76 per sqft
10 Feb 2018RentedNew contract
AED 40,000/yr12 months · AED 86 per sqft
10 Feb 2018RentedNew contract
AED 40,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 7 October 2025.

Key facts

Type
Studio apartment
Size
235 sqft
Floor
3rd of 8
Parking
G-46
Developer
Danube Properties Development
Completed
2017
Service charge
AED 3,900 /yr
Last sold
AED 253K · March 2016

About 302, Glitz Residence 2

302 is a studio of 235 sqft on the 3rd 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 March 2016 for AED 252,500, or AED 1,076 per sqft, in line with the AED 1,091 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 7 October 2025, is AED 44,100 a year: a gross yield of 17.5% on the 2016 price, before the service charge of about AED 3,900 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical studio in Glitz Residence 2
400K2015201820212024Typical sale price by year: 2015 AED 520,000; 2018 AED 535,000; 2024 AED 495,500; 2025 AED 500,000Sold by developer, August 2015: AED 505,000 (AED 1,086 per sqft)Sold, March 2016: AED 252,500 (AED 1,076 per sqft)

302 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 302, each contractTypical studio in Glitz Residence 2
30K40K201820212024Typical rent by year: 2018 AED 40,000; 2019 AED 36,000; 2020 AED 28,250; 2021 AED 26,500; 2022 AED 28,750; 2023 AED 35,000; 2024 AED 42,000; 2025 AED 43,689New contract, February 2018: AED 40,000 a yearNew contract, February 2018: AED 40,000 a yearNew contract, August 2019: AED 35,000 a yearNew contract, February 2021: AED 27,500 a yearNew contract, February 2022: AED 27,500 a yearNew contract, August 2022: AED 29,000 a yearNew contract, October 2024: AED 42,000 a yearNew contract, October 2025: AED 44,100 a year

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 302 sits

All 34 studios →

302 last sold in March 2016 at AED 1,076 per sqft, in line with 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. 302's AED 44,100 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Jan 2026530,000
19 Apr 2025520,000
16 Apr 2025500,000
20 Jan 2025465,000
1 studio sale 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 3rd floor

All 146 units in Glitz Residence 2
Value
3011-bedAED 550K · Mar 2020
3032-bedAED 900K · Jan 2024
3042-bedAED 1.11M · Aug 2015
305StudioAED 535K · Aug 2015
3061-bedAED 690K · Dec 2024
3071-bedAED 470K · Oct 2019
3081-bedAED 770K · Apr 2015
1–7 of 17

302, Glitz Residence 2 in numbers

  • Sold twice: first on 18 August 2015 for AED 505,000, last on 20 March 2016 for AED 252,500 (AED 1,076 per sqft).
  • Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 27,500 in 2022 and recovered to AED 44,100 by October 2025.
  • At AED 44,100 a year the gross yield on the 2016 price is 17.5%, before a service charge of about AED 3,900 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 7 October 2025.

Questions about 302, Glitz Residence 2

What did unit 302 last sell for?

AED 252,500 on 20 March 2016: AED 1,076 per sqft for 235 sqft. The unit has 2 registered sales; the first was AED 505,000 in August 2015.

What is the rent for unit 302?

AED 44,100 a year on the contract signed on 7 October 2025. The previous contract, from October 2024, was AED 42,000; the unit has been rented since February 2018.

How big is unit 302?

235 sqft (21.8 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 302 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 302, Glitz Residence 2

Starts from the last sale price (AED 253K, 20 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 252,500
Deposit, UAE resident (20%)
AED 50,500
Deposit, non-resident (40%)
AED 101,000
Monthly over 25 years at 3.7%
AED 1,033

Plus AED 13,515 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →