2-bed · 1,200 sqftGlitz Residence 2, Dubai Studio City · 7th floor · completed 2017

703, Glitz Residence 2

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

Unit 703 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 1.09M16 August 2015
Current rentAED 83K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Glitz Residence 2

What is 703 worth today?

Last sold for AED 1,090,000 in 2015

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1 Jul 2025RentedNew contract
AED 83,000/yr12 months · AED 69 per sqft
1 Feb 2024RentedRenewal
AED 69,000/yr12 months · AED 58 per sqft
1 Feb 2023RentedRenewal
AED 60,000/yr12 months · AED 50 per sqft
1 Feb 2022RentedRenewal
AED 56,000/yr12 months · AED 47 per sqft
1 Feb 2021RentedRenewal
AED 56,000/yr12 months · AED 47 per sqft
1 Feb 2020RentedRenewal
AED 66,000/yr12 months · AED 55 per sqft
1 Feb 2019RentedRenewal
AED 72,000/yr12 months · AED 60 per sqft
1 Feb 2018RentedNew contract
AED 76,772/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
2-bed apartment
Size
1,200 sqft
Floor
7th of 8
Parking
B-128, B-129
Developer
Danube Properties Development
Completed
2017
Service charge
AED 19,900 /yr
Last sold
AED 1.09M · August 2015

About 703, Glitz Residence 2

703 is a two-bedroom apartment of 1,200 sqft on the 7th 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 16 August 2015 for AED 1,090,000, or AED 908 per sqft, in line with the AED 924 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 1 July 2025, is AED 83,000 a year: a gross yield of 7.6% on the 2015 price, before the service charge of about AED 19,900 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in Glitz Residence 2
800K1M2015201820212024Typical sale price by year: 2015 AED 1,105,000; 2018 AED 1,126,125; 2023 AED 830,000; 2024 AED 950,000Sold by developer, August 2015: AED 1,090,000 (AED 908 per sqft)

703 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 703, each contractTypical two-bed in Glitz Residence 2
60K80K201820212024Typical rent by year: 2018 AED 75,000; 2019 AED 72,000; 2020 AED 58,000; 2021 AED 54,500; 2022 AED 58,000; 2023 AED 65,815; 2024 AED 75,300; 2025 AED 80,000New contract, February 2018: AED 76,772 a yearNew contract, February 2018: AED 77,000 a yearRenewal, February 2019: AED 72,000 a yearRenewal, February 2020: AED 66,000 a yearRenewal, February 2021: AED 56,000 a yearRenewal, February 2022: AED 56,000 a yearRenewal, February 2023: AED 60,000 a yearRenewal, February 2024: AED 69,000 a yearNew contract, July 2025: AED 83,000 a year

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

2-beds in Glitz Residence 2, and where 703 sits

All 31 2-beds →

703 last sold in August 2015 at AED 908 per sqft, in line with what two-beds in Glitz Residence 2 were fetching at the time (AED 924).

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jun 20241,025,000
20 May 2024950,000
16 Jan 2024900,000
18 Oct 2023870,000
0 2-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 7th floor

All 146 units in Glitz Residence 2
Value
701AED 730K · Sep 2025
702StudioAED 360K · Apr 2023
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

703, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 16 August 2015 for AED 1,090,000, or AED 908 per sqft.
  • Rented since February 2018 on 9 Ejari contracts. The rent fell from AED 77,000 to AED 56,000 in 2022 and recovered to AED 83,000 by July 2025.
  • At AED 83,000 a year the gross yield on the 2015 price is 7.6%, before a service charge of about AED 19,900 a year (AED 16.56 per sqft).

Source: Dubai Land Department. Updated 1 July 2025.

Questions about 703, Glitz Residence 2

What did unit 703 last sell for?

AED 1,090,000 on 16 August 2015, sold by the developer: AED 908 per sqft for 1,200 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 83,000 a year on the contract signed on 1 July 2025. The previous contract, from February 2024, was AED 69,000; the unit has been rented since February 2018.

How big is unit 703?

1,200 sqft (111.5 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 703 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 703, Glitz Residence 2

Starts from the last sale price (AED 1.09M, 16 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,090,000
Deposit, UAE resident (20%)
AED 218,000
Deposit, non-resident (40%)
AED 436,000
Monthly over 25 years at 3.7%
AED 4,460

Plus AED 50,790 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →