401, Glitz Residence 2
Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Glitz Residence 2
What is 401 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 786 sqft
- Floor
- 4th of 8
- Parking
- B-01
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 13,000 /yr
- Last sold
- AED 480K · December 2022
- Building
- Glitz Residence 2
About 401, Glitz Residence 2
401 is a one-bedroom apartment of 786 sqft on the 4th floor of Glitz Residence 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 14 December 2022 for AED 480,000, or AED 610 per sqft, in line with the AED 623 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 49,665 a year: a gross yield of 10.3% on the 2022 price, before the service charge of about AED 13,000 a year.
Sales and rents for 401 over time
401 has sold twice; the dashed line is the one-bed median of each year in the building.
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 401 sits
All 62 1-beds →401 last sold in December 2022 at AED 610 per sqft, in line with what one-beds in Glitz Residence 2 were fetching at the time (AED 623). 401's AED 49,665 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jul 202529 July 2025 | 802 sqft | 720,000 | 898 | ||
| 20 May 202520 May 2025 | 786 sqft | 750,000 | 953 | ||
| 16 Apr 202516 April 2025 | 762 sqft | 710,000 | 932 | ||
| 12 Feb 202512 February 2025 | 672 sqft | 680,000 | 1,011 |
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 4th floor
All 146 units in Glitz Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | Studio | 465 sqft | AED 500KAED 500,000 · Feb 2019February 2019 | 44,000 /yr | |
| 403 | 2-bed | 1,200 sqft | AED 950KAED 950,000 · May 2024May 2024 | ||
| 404 | 2-bed | 1,196 sqft | AED 1.16MAED 1,155,000 · Apr 2018April 2018 | 50,000 /yr | |
| 405 | Studio | 490 sqft | AED 500KAED 500,000 · Apr 2025April 2025 | 45,000 /yr | |
| 406 | 1-bed | 672 sqft | AED 675KAED 675,000 · Feb 2019February 2019 | 50,000 /yr | |
| 407 | 1-bed | 739 sqft | AED 830KAED 830,000 · Nov 2018November 2018 | ||
| 408 | 1-bed | 674 sqft | AED 675KAED 675,000 · Feb 2019February 2019 | 25,000 /yr | |
| 409 | 3-bed | 1,647 sqft | AED 1.27MAED 1,270,000 · Feb 2019February 2019 | 120,000 /yr | |
| 410 | 3-bed | 1,647 sqft | AED 1.03MAED 1,030,000 · Sep 2020September 2020 | ||
| 411 | 675 sqft | AED 730KAED 730,000 · Nov 2025November 2025 | 62,000 /yr | ||
| 412 | 1-bed | 739 sqft | AED 470KAED 470,000 · Dec 2021December 2021 | ||
| 413 | 1-bed | 674 sqft | AED 675KAED 675,000 · Feb 2019February 2019 | 37,000 /yr | |
| 414 | Studio | 490 sqft | AED 595KAED 594,750 · Mar 2018March 2018 | 45,000 /yr | |
| 415 | 2-bed | 1,197 sqft | AED 1.13MAED 1,126,125 · Apr 2018April 2018 | 73,802 /yr | |
| 416 | 1,175 sqft | AED 1.08MAED 1,075,000 · Nov 2025November 2025 | 81,762 /yr | ||
| 417 | Studio | 451 sqft | AED 557KAED 556,800 · Nov 2018November 2018 | 45,000 /yr | |
| 418 | 1-bed | 762 sqft | AED 720KAED 720,000 · Jan 2025January 2025 | 44,000 /yr |
401, Glitz Residence 2 in numbers
- Sold twice: first on 8 January 2019 for AED 625,000, last on 14 December 2022 for AED 480,000 (AED 610 per sqft).
- Rented since April 2019 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 35,000 in 2021 and recovered to AED 49,665 by May 2025.
- At AED 49,665 a year the gross yield on the 2022 price is 10.3%, before a service charge of about AED 13,000 a year (AED 16.56 per sqft).
Source: Dubai Land Department. Updated 1 May 2025.
Questions about 401, Glitz Residence 2
What did unit 401 last sell for?
AED 480,000 on 14 December 2022: AED 610 per sqft for 786 sqft. The unit has 2 registered sales; the first was AED 625,000 in January 2019.
What is the rent for unit 401?
AED 49,665 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 47,300; the unit has been rented since April 2019.
How big is unit 401?
786 sqft (73.0 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.
What is unit 401 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 401, Glitz Residence 2
Starts from the last sale price (AED 480K, 14 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →