Studio · 451 sqftGlitz Residence 2, Dubai Studio City · 6th floor · completed 2017

617, Glitz Residence 2

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

Unit 617 · DLD and Ejari recordsUpdated 7 January 2025
Last soldAED 505K7 June 2015
Current rentAED 45K /yr7 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, Glitz Residence 2

What is 617 worth today?

Last sold for AED 505,000 in 2015

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7 Jan 2025RentedNew contract
AED 45,000/yr12 months · AED 100 per sqft
25 Sep 2021RentedNew contract
AED 26,000/yr12 months · AED 58 per sqft
12 Jan 2018RentedNew contract
AED 43,000/yr12 months · AED 95 per sqft
7 Jun 2015Sold by developerOff-plan
AED 505,000AED 1,119 per sqft

Source: Dubai Land Department. Updated 7 January 2025.

Key facts

Type
Studio apartment
Size
451 sqft
Floor
6th of 8
Parking
B-14
Developer
Danube Properties Development
Completed
2017
Service charge
AED 7,500 /yr
Last sold
AED 505K · June 2015

About 617, Glitz Residence 2

617 is a studio of 451 sqft on the 6th 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 7 June 2015 for AED 505,000, or AED 1,119 per sqft, in line with the AED 1,092 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 7 January 2025, is AED 45,000 a year: a gross yield of 8.9% on the 2015 price, before the service charge of about AED 7,500 a year.

Sales and rents for 617 over time

Sales
Unit 617, 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, June 2015: AED 505,000 (AED 1,119 per sqft)

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

Rents
Unit 617, each contractTypical studio in Glitz Residence 2
30K40K20182020202220242026Typical 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, January 2018: AED 43,000 a yearNew contract, September 2021: AED 26,000 a yearNew contract, January 2025: AED 45,000 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 617 sits

All 34 studios →

617 last sold in June 2015 at AED 1,119 per sqft, in line with what studios in Glitz Residence 2 were fetching at the time (AED 1,092). 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. 617's AED 45,000 is in the lower half 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 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

617, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 7 June 2015 for AED 505,000, or AED 1,119 per sqft.
  • Rented since January 2018 on 3 Ejari contracts. The rent fell from AED 43,000 to AED 26,000 in 2021 and recovered to AED 45,000 by January 2025.
  • At AED 45,000 a year the gross yield on the 2015 price is 8.9%, before a service charge of about AED 7,500 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 7 January 2025.

Questions about 617, Glitz Residence 2

What did unit 617 last sell for?

AED 505,000 on 7 June 2015, sold by the developer: AED 1,119 per sqft for 451 sqft. It is the only registered sale of the unit.

What is the rent for unit 617?

AED 45,000 a year on the contract signed on 7 January 2025. The previous contract, from September 2021, was AED 26,000; the unit has been rented since January 2018.

How big is unit 617?

451 sqft (41.9 sqm): a studio on the 6th floor of a 8-storey tower completed in 2017.

What is unit 617 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 617, Glitz Residence 2

Starts from the last sale price (AED 505K, 7 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 505,000
Deposit, UAE resident (20%)
AED 101,000
Deposit, non-resident (40%)
AED 202,000
Monthly over 25 years at 3.7%
AED 2,066

Plus AED 26,220 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →