Studio · 490 sqftGlitz Residence 2, Dubai Studio City · 3rd floor · completed 2017

314, Glitz Residence 2

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

Unit 314 · DLD and Ejari recordsUpdated 1 April 2022
Last soldAED 535K1 September 2015
Current rentAED 21K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, Glitz Residence 2

What is 314 worth today?

Last sold for AED 535,000 in 2015

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1 Apr 2022RentedNew contract
AED 21,000/yr12 months · AED 42 per sqft
18 Mar 2020RentedNew contract
AED 30,000/yr12 months · AED 61 per sqft
1 Mar 2018RentedNew contract
AED 40,000/yr12 months · AED 81 per sqft
1 Sep 2015Sold by developerOff-plan
AED 535,000AED 1,092 per sqft

Source: Dubai Land Department. Updated 1 April 2022.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
3rd of 8
Parking
G-44
Developer
Danube Properties Development
Completed
2017
Service charge
AED 8,100 /yr
Last sold
AED 535K · September 2015

About 314, Glitz Residence 2

314 is a studio of 490 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 1 September 2015 for AED 535,000, or AED 1,092 per sqft, in line with the AED 1,091 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 April 2022, is AED 21,000 a year: a gross yield of 3.9% on the 2015 price, before the service charge of about AED 8,100 a year.

Sales and rents for 314 over time

Sales
Unit 314, each saleTypical studio in Glitz Residence 2
500K520K540K2015201820212024Typical sale price by year: 2015 AED 520,000; 2018 AED 535,000; 2024 AED 495,500; 2025 AED 500,000Sold by developer, September 2015: AED 535,000 (AED 1,092 per sqft)

314 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 314, each contractTypical studio in Glitz Residence 2
20K40K20182020202220242026Typical 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, March 2018: AED 40,000 a yearNew contract, March 2020: AED 30,000 a yearNew contract, April 2022: AED 21,000 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 314 sits

All 34 studios →

314 last sold in September 2015 at AED 1,092 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. 314's AED 21,000 is at the bottom 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
302StudioAED 253K · Mar 2016
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
1–7 of 17

314, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 1 September 2015 for AED 535,000, or AED 1,092 per sqft.
  • Rented since March 2018 on 3 Ejari contracts, from AED 40,000 to AED 21,000 a year.
  • At AED 21,000 a year the gross yield on the 2015 price is 3.9%, before a service charge of about AED 8,100 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 2022.

Questions about 314, Glitz Residence 2

What did unit 314 last sell for?

AED 535,000 on 1 September 2015, sold by the developer: AED 1,092 per sqft for 490 sqft. It is the only registered sale of the unit.

What is the rent for unit 314?

AED 21,000 a year on the contract signed on 1 April 2022. The previous contract, from March 2020, was AED 30,000; the unit has been rented since March 2018.

How big is unit 314?

490 sqft (45.5 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 314 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 314, Glitz Residence 2

Starts from the last sale price (AED 535K, 1 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 535,000
Deposit, UAE resident (20%)
AED 107,000
Deposit, non-resident (40%)
AED 214,000
Monthly over 25 years at 3.7%
AED 2,189

Plus AED 27,480 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →