2-bed · 1,196 sqftGlitz Residence 2, Dubai Studio City · 3rd floor · completed 2017

304, 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 304 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 1.11M18 August 2015
Current rentAED 80K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Glitz Residence 2

What is 304 worth today?

Last sold for AED 1,105,000 in 2015

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1 May 2025RentedRenewal
AED 80,000/yr12 months · AED 67 per sqft
1 May 2024RentedNew contract
AED 80,000/yr12 months · AED 67 per sqft
12 Jul 2023RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft
10 Jun 2022RentedNew contract
AED 58,000/yr12 months · AED 49 per sqft
1 Oct 2021RentedNew contract
AED 60,000/yr8 months · AED 50 per sqft
13 Jul 2020RentedNew contract
AED 55,000/yr12 months · AED 46 per sqft
5 Apr 2019RentedRenewal
AED 75,000/yr12 months · AED 63 per sqft
5 Apr 2018RentedNew contract
AED 78,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
2-bed apartment
Size
1,196 sqft
Floor
3rd of 8
Parking
B-103, B-104
Developer
Danube Properties Development
Completed
2017
Service charge
AED 19,800 /yr
Last sold
AED 1.11M · August 2015

About 304, Glitz Residence 2

304 is a two-bedroom apartment of 1,196 sqft on the 3rd 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 1,105,000, or AED 924 per sqft, in line with the AED 924 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 80,000 a year: a gross yield of 7.2% on the 2015 price, before the service charge of about AED 19,800 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Glitz Residence 2
800K1M2015201820212024Typical sale price by year: 2015 AED 1,105,000; 2018 AED 1,126,125; 2023 AED 830,000; 2024 AED 950,000Sold by developer, August 2015: AED 1,105,000 (AED 924 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Glitz Residence 2
60K80K20182020202220242026Typical rent by year: 2018 AED 75,000; 2019 AED 72,000; 2020 AED 58,000; 2021 AED 54,500; 2022 AED 58,000; 2023 AED 65,815; 2024 AED 75,300; 2025 AED 80,000New contract, April 2018: AED 78,000 a yearRenewal, April 2019: AED 75,000 a yearNew contract, July 2020: AED 55,000 a yearNew contract, October 2021: AED 60,000 a yearNew contract, June 2022: AED 58,000 a yearNew contract, July 2023: AED 70,000 a yearNew contract, May 2024: AED 80,000 a yearRenewal, May 2025: AED 80,000 a year

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 304 sits

All 31 2-beds →

304 last sold in August 2015 at AED 924 per sqft, in line with what two-beds in Glitz Residence 2 were fetching at the time (AED 924).

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jun 20241,025,000
20 May 2024950,000
16 Jan 2024900,000
18 Oct 2023870,000
0 2-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 3rd floor

All 146 units in Glitz Residence 2
Value
3011-bedAED 550K · Mar 2020
302StudioAED 253K · Mar 2016
3032-bedAED 900K · Jan 2024
305StudioAED 535K · Aug 2015
3061-bedAED 690K · Dec 2024
3071-bedAED 470K · Oct 2019
3081-bedAED 770K · Apr 2015
1–7 of 17

304, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 18 August 2015 for AED 1,105,000, or AED 924 per sqft.
  • Rented since April 2018 on 8 Ejari contracts. The rent fell from AED 78,000 to AED 55,000 in 2020 and recovered to AED 80,000 by May 2025.
  • At AED 80,000 a year the gross yield on the 2015 price is 7.2%, before a service charge of about AED 19,800 a year (AED 16.56 per sqft).

Source: Dubai Land Department. Updated 1 May 2025.

Questions about 304, Glitz Residence 2

What did unit 304 last sell for?

AED 1,105,000 on 18 August 2015, sold by the developer: AED 924 per sqft for 1,196 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 80,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 80,000; the unit has been rented since April 2018.

How big is unit 304?

1,196 sqft (111.1 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 304 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 304, Glitz Residence 2

Starts from the last sale price (AED 1.11M, 18 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,105,000
Deposit, UAE resident (20%)
AED 221,000
Deposit, non-resident (40%)
AED 442,000
Monthly over 25 years at 3.7%
AED 4,521

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