702, Glitz Residence 2
Sold prices and rental history: sold 3 times, last in April 2023, 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 702, Glitz Residence 2
What is 702 worth today?
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Source: Dubai Land Department. Updated 21 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 465 sqft
- Floor
- 7th of 8
- Parking
- B-51
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 7,700 /yr
- Last sold
- AED 360K · April 2023
- Building
- Glitz Residence 2
About 702, Glitz Residence 2
702 is a studio of 465 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 18 April 2023 for AED 360,000, or AED 774 per sqft, 13% above the AED 688 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 21 May 2025, is AED 41,500 a year: a gross yield of 11.5% on the 2023 price, before the service charge of about AED 7,700 a year.
Sales and rents for 702 over time
702 has sold 3 times; 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 702 sits
All 34 studios →702 last sold in April 2023 at AED 774 per sqft, 13% above 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. 702's AED 41,500 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 7th floor
All 146 units in Glitz Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 786 sqft | AED 730KAED 730,000 · Sep 2025September 2025 | 60,000 /yr | ||
| 703 | 2-bed | 1,200 sqft | AED 1.09MAED 1,090,000 · Aug 2015August 2015 | 83,000 /yr | |
| 704 | 2-bed | 1,196 sqft | AED 1.11MAED 1,105,000 · Apr 2015April 2015 | 80,000 /yr | |
| 705 | Studio | 490 sqft | AED 535KAED 535,000 · May 2018May 2018 | 38,000 /yr | |
| 706 | 1-bed | 672 sqft | AED 770KAED 770,000 · Aug 2015August 2015 | 60,000 /yr | |
| 707 | 1-bed | 739 sqft | AED 820KAED 820,000 · Aug 2015August 2015 | 58,000 /yr | |
| 708 | 1-bed | 674 sqft | AED 450KAED 450,000 · Nov 2021November 2021 | 60,000 /yr | |
| 709 | 3-bed | 1,647 sqft | AED 1.5MAED 1,495,000 · Aug 2015August 2015 | 80,000 /yr | |
| 710 | 3-bed | 1,647 sqft | AED 1.5MAED 1,495,000 · Jun 2015June 2015 | 87,000 /yr | |
| 711 | 1-bed | 675 sqft | AED 620KAED 620,000 · Sep 2023September 2023 | 48,000 /yr | |
| 712 | 1-bed | 739 sqft | AED 812KAED 812,000 · Aug 2015August 2015 | 61,269 /yr | |
| 713 | 1-bed | 674 sqft | AED 620KAED 620,000 · Nov 2023November 2023 | 55,000 /yr | |
| 714 | Studio | 490 sqft | AED 520KAED 520,000 · Apr 2025April 2025 | 45,000 /yr | |
| 715 | 2-bed | 1,197 sqft | AED 1.1MAED 1,100,000 · Jun 2015June 2015 | 80,000 /yr | |
| 716 | 2-bed | 1,175 sqft | AED 1.09MAED 1,090,000 · May 2015May 2015 | 85,000 /yr | |
| 717 | Studio | 451 sqft | AED 480KAED 480,000 · Feb 2018February 2018 | 42,000 /yr | |
| 718 | 762 sqft | AED 805KAED 805,000 · Jun 2015June 2015 | 64,000 /yr |
702, Glitz Residence 2 in numbers
- Sold 3 times: first on 7 June 2015 for AED 505,000, last on 18 April 2023 for AED 360,000 (AED 774 per sqft).
- Rented since January 2018 on 9 Ejari contracts. The rent fell from AED 42,000 to AED 19,051 in 2023 and recovered to AED 41,500 by May 2025.
- At AED 41,500 a year the gross yield on the 2023 price is 11.5%, before a service charge of about AED 7,700 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 21 May 2025.
Questions about 702, Glitz Residence 2
What did unit 702 last sell for?
AED 360,000 on 18 April 2023: AED 774 per sqft for 465 sqft. The unit has 3 registered sales; the first was AED 505,000 in June 2015.
What is the rent for unit 702?
AED 41,500 a year on the contract signed on 21 May 2025. The previous contract, from November 2024, was AED 62,716; the unit has been rented since January 2018.
How big is unit 702?
465 sqft (43.2 sqm): a studio on the 7th floor of a 8-storey tower completed in 2017.
What is unit 702 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 702, Glitz Residence 2
Starts from the last sale price (AED 360K, 18 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 360,000
- Deposit, UAE resident (20%)
- AED 72,000
- Deposit, non-resident (40%)
- AED 144,000
- Monthly over 25 years at 3.7%
- AED 1,473
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →