3-bed · 1,647 sqftGlitz Residence 2, Dubai Studio City · 6th floor · completed 2017

609, Glitz Residence 2

Sold prices and rental history: sold twice, last in October 2020, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 15 February 2023
Last soldAED 1.05M25 October 2020
Current rentAED 78K /yr15 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Glitz Residence 2

What is 609 worth today?

Last sold for AED 1,050,000 in 2020

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15 Feb 2023RentedNew contract
AED 78,000/yr12 months · AED 47 per sqft
10 Feb 2022RentedNew contract
AED 72,000/yr12 months · AED 44 per sqft
25 Oct 2020SoldReady
AED 1,050,000AED 637 per sqft
1 Jul 2019RentedNew contract
AED 90,000/yr13 months · AED 55 per sqft
1 Sep 2018RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft
15 Jan 2018RentedNew contract
AED 97,737/yr12 months · AED 59 per sqft
20 Sep 2016Sold by developerOff-plan
AED 1,580,000AED 959 per sqft

Source: Dubai Land Department. Updated 15 February 2023.

Key facts

Type
3-bed apartment
Size
1,647 sqft
Floor
6th of 8
Parking
B-144, B-145
Developer
Danube Properties Development
Completed
2017
Service charge
AED 27,300 /yr
Last sold
AED 1.05M · October 2020

About 609, Glitz Residence 2

609 is a three-bedroom apartment of 1,647 sqft on the 6th floor of Glitz Residence 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 25 October 2020 for AED 1,050,000, or AED 637 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 15 February 2023, is AED 78,000 a year: a gross yield of 7.4% on the 2020 price, before the service charge of about AED 27,300 a year.

Sales and rents for 609 over time

Rents
Unit 609, each contractTypical three-bed in Glitz Residence 2
80K100K20182020202220242026Typical rent by year: 2018 AED 97,737; 2019 AED 90,000; 2020 AED 81,000; 2021 AED 71,000; 2022 AED 80,000; 2023 AED 81,000; 2024 AED 85,000; 2025 AED 90,000New contract, January 2018: AED 97,737 a yearNew contract, September 2018: AED 95,000 a yearNew contract, July 2019: AED 90,000 a yearNew contract, February 2022: AED 72,000 a yearNew contract, February 2023: AED 78,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Glitz Residence 2, and where 609 sits

All 14 3-beds →

609's AED 78,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Mar 20251,300,000
22 Apr 20241,200,000
1 Jul 2021850,000
30 May 2021900,000
0 3-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 6th floor

All 146 units in Glitz Residence 2
Value
6011-bedAED 750K · May 2025
602StudioAED 320K · May 2022
6032-bedAED 1.09M · Jun 2015
6042-bedAED 1.11M · Jun 2015
605StudioAED 535K · Aug 2015
6061-bedAED 680K · Feb 2025
6071-bedAED 820K · Aug 2015
1–7 of 17

609, Glitz Residence 2 in numbers

  • Sold twice: first on 20 September 2016 for AED 1,580,000, last on 25 October 2020 for AED 1,050,000 (AED 637 per sqft).
  • Rented since January 2018 on 5 Ejari contracts, from AED 97,737 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2020 price is 7.4%, before a service charge of about AED 27,300 a year (AED 16.56 per sqft).

Source: Dubai Land Department. Updated 15 February 2023.

Questions about 609, Glitz Residence 2

What did unit 609 last sell for?

AED 1,050,000 on 25 October 2020: AED 637 per sqft for 1,647 sqft. The unit has 2 registered sales; the first was AED 1,580,000 in September 2016.

What is the rent for unit 609?

AED 78,000 a year on the contract signed on 15 February 2023. The previous contract, from February 2022, was AED 72,000; the unit has been rented since January 2018.

How big is unit 609?

1,647 sqft (153.0 sqm): a three-bedroom apartment on the 6th floor of a 8-storey tower completed in 2017.

What is unit 609 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 609, Glitz Residence 2

Starts from the last sale price (AED 1.05M, 25 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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