786 sqftGlitz Residence 2, Dubai Studio City · 7th floor · completed 2017

701, Glitz Residence 2

Sold prices and rental history: sold twice, last in September 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 730K1 September 2025
Current rentAED 60K /yr5 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Glitz Residence 2

What is 701 worth today?

Last sold for AED 730,000 in 2025

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1 Sep 2025SoldReady
AED 730,000AED 928 per sqft
5 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
20 Sep 2023RentedNew contract
AED 48,000/yr12 months · AED 61 per sqft
27 Aug 2022RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
1 Sep 2021RentedRenewal
AED 32,000/yr12 months · AED 41 per sqft
1 Sep 2020RentedNew contract
AED 32,000/yr12 months · AED 41 per sqft
25 May 2019RentedRenewal
AED 50,000/yr12 months · AED 64 per sqft
25 May 2018RentedNew contract
AED 50,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
Apartment
Size
786 sqft
Floor
7th of 8
Parking
B-62
Developer
Danube Properties Development
Completed
2017
Service charge
AED 13,000 /yr
Last sold
AED 730K · September 2025

About 701, Glitz Residence 2

701 is an apartment of 786 sqft on the 7th floor of Glitz Residence 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 1 September 2025 for AED 730,000, or AED 928 per sqft.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 5 September 2024, is AED 60,000 a year: a gross yield of 8.2% on the 2025 price, before the service charge of about AED 13,000 a year.

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 7th floor

All 146 units in Glitz Residence 2
Value
702StudioAED 360K · Apr 2023
7032-bedAED 1.09M · Aug 2015
7042-bedAED 1.11M · Apr 2015
705StudioAED 535K · May 2018
7061-bedAED 770K · Aug 2015
7071-bedAED 820K · Aug 2015
7081-bedAED 450K · Nov 2021
1–7 of 17

701, Glitz Residence 2 in numbers

  • Sold twice: first on 7 June 2015 for AED 805,000, last on 1 September 2025 for AED 730,000 (AED 928 per sqft).
  • Rented since May 2018 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 32,000 in 2021 and recovered to AED 60,000 by September 2024.
  • At AED 60,000 a year the gross yield on the 2025 price is 8.2%, before a service charge of about AED 13,000 a year (AED 16.56 per sqft).

Source: Dubai Land Department. Updated 1 September 2025.

Questions about 701, Glitz Residence 2

What did unit 701 last sell for?

AED 730,000 on 1 September 2025: AED 928 per sqft for 786 sqft. The unit has 2 registered sales; the first was AED 805,000 in June 2015.

What is the rent for unit 701?

AED 60,000 a year on the contract signed on 5 September 2024. The previous contract, from September 2023, was AED 48,000; the unit has been rented since May 2018.

How big is unit 701?

786 sqft (73.0 sqm): an apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 701 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 701, Glitz Residence 2

Starts from the last sale price (AED 730K, 1 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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