514, Glitz Residence 2
Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 514, Glitz Residence 2
What is 514 worth today?
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Source: Dubai Land Department. Updated 29 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 490 sqft
- Floor
- 5th of 8
- Parking
- B-41
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 8,100 /yr
- Last sold
- AED 310K · June 2022
- Building
- Glitz Residence 2
About 514, Glitz Residence 2
514 is a studio of 490 sqft on the 5th floor of Glitz Residence 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 7 June 2022 for AED 310,000, or AED 632 per sqft, 8% below the AED 688 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 29 July 2025, is AED 39,930 a year: a gross yield of 12.9% on the 2022 price, before the service charge of about AED 8,100 a year.
Sales and rents for 514 over time
514 has sold twice; the dashed line is the studio median of each year in the building.
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 514 sits
All 34 studios →514 last sold in June 2022 at AED 632 per sqft, 8% below what studios in Glitz Residence 2 were fetching at the time (AED 688). 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. 514's AED 39,930 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jan 202617 January 2026 | 465 sqft | 530,000 | 1,140 | ||
| 19 Apr 202519 April 2025 | 490 sqft | 520,000 | 1,061 | ||
| 16 Apr 202516 April 2025 | 490 sqft | 500,000 | 1,020 | ||
| 20 Jan 202520 January 2025 | 451 sqft | 465,000 | 1,030 |
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 5th floor
All 146 units in Glitz Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 786 sqft | AED 805KAED 805,000 · Aug 2015August 2015 | 48,510 /yr | |
| 502 | Studio | 465 sqft | AED 505KAED 505,000 · Aug 2015August 2015 | 30,000 /yr | |
| 503 | 2-bed | 1,200 sqft | AED 1.09MAED 1,090,000 · Aug 2015August 2015 | 69,824 /yr | |
| 504 | 2-bed | 1,196 sqft | AED 710KAED 710,000 · Jun 2021June 2021 | 50,000 /yr | |
| 505 | Studio | 490 sqft | AED 535KAED 535,000 · Jun 2017June 2017 | 40,800 /yr | |
| 506 | 1-bed | 672 sqft | AED 770KAED 770,000 · Jun 2015June 2015 | ||
| 507 | 1-bed | 739 sqft | AED 820KAED 820,000 · Sep 2015September 2015 | 52,800 /yr | |
| 508 | 1-bed | 674 sqft | AED 770KAED 770,000 · Aug 2015August 2015 | 57,000 /yr | |
| 509 | 3-bed | 1,647 sqft | AED 1.3MAED 1,300,000 · Mar 2025March 2025 | 84,765 /yr | |
| 510 | 3-bed | 1,647 sqft | AED 1.2MAED 1,200,000 · Apr 2024April 2024 | 86,000 /yr | |
| 511 | 1-bed | 675 sqft | AED 770KAED 770,000 · Aug 2015August 2015 | 55,440 /yr | |
| 512 | 1-bed | 739 sqft | AED 820KAED 820,000 · Sep 2015September 2015 | 59,000 /yr | |
| 513 | 1-bed | 674 sqft | AED 570KAED 570,000 · Feb 2024February 2024 | 62,000 /yr | |
| 515 | 2-bed | 1,197 sqft | AED 870KAED 870,000 · Oct 2023October 2023 | 86,000 /yr | |
| 516 | 2-bed | 1,175 sqft | AED 1.09MAED 1,090,000 · Aug 2015August 2015 | 82,000 /yr | |
| 517 | Studio | 451 sqft | AED 499KAED 499,000 · Aug 2018August 2018 | 42,900 /yr | |
| 518 | 1-bed | 762 sqft | AED 615KAED 615,000 · Feb 2024February 2024 | 50,000 /yr |
514, Glitz Residence 2 in numbers
- Sold twice: first on 7 June 2015 for AED 535,000, last on 7 June 2022 for AED 310,000 (AED 632 per sqft).
- Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 22,000 in 2021 and recovered to AED 39,930 by July 2025.
- At AED 39,930 a year the gross yield on the 2022 price is 12.9%, 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 29 July 2025.
Questions about 514, Glitz Residence 2
What did unit 514 last sell for?
AED 310,000 on 7 June 2022: AED 632 per sqft for 490 sqft. The unit has 2 registered sales; the first was AED 535,000 in June 2015.
What is the rent for unit 514?
AED 39,930 a year on the contract renewed on 29 July 2025. The previous contract, from July 2024, was AED 36,300; the unit has been rented since February 2018.
How big is unit 514?
490 sqft (45.5 sqm): a studio on the 5th floor of a 8-storey tower completed in 2017.
What is unit 514 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 514, Glitz Residence 2
Starts from the last sale price (AED 310K, 7 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 310,000
- Deposit, UAE resident (20%)
- AED 62,000
- Deposit, non-resident (40%)
- AED 124,000
- Monthly over 25 years at 3.7%
- AED 1,268
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →