2-bed · 1,196 sqftGlitz Residence 2, Dubai Studio City · 7th floor · completed 2017

704, Glitz Residence 2

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

Unit 704 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 1.11M19 April 2015
Current rentAED 80K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Glitz Residence 2

What is 704 worth today?

Last sold for AED 1,105,000 in 2015

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1 Aug 2025RentedNew contract
AED 80,000/yr12 months · AED 67 per sqft
1 Aug 2024RentedNew contract
AED 80,000/yr12 months · AED 67 per sqft
6 Jul 2023RentedRenewal
AED 62,000/yr12 months · AED 52 per sqft
6 Jul 2022RentedRenewal
AED 56,000/yr12 months · AED 47 per sqft
6 Jul 2021RentedRenewal
AED 53,000/yr12 months · AED 44 per sqft
1 Feb 2018RentedNew contract
AED 73,000/yr12 months · AED 61 per sqft
19 Apr 2015Sold by developerOff-plan
AED 1,105,000AED 924 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
2-bed apartment
Size
1,196 sqft
Floor
7th of 8
Parking
B-115, B-116
Developer
Danube Properties Development
Completed
2017
Service charge
AED 19,800 /yr
Last sold
AED 1.11M · April 2015

About 704, Glitz Residence 2

704 is a two-bedroom apartment of 1,196 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 19 April 2015 for AED 1,105,000, or AED 924 per sqft.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 August 2025, is AED 80,000 a year: a gross yield of 7.2% on the 2015 price, before the service charge of about AED 19,800 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, April 2015: AED 1,105,000 (AED 924 per sqft)

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

Rents
Unit 704, 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 73,000 a yearRenewal, July 2021: AED 53,000 a yearRenewal, July 2022: AED 56,000 a yearRenewal, July 2023: AED 62,000 a yearNew contract, August 2024: AED 80,000 a yearNew contract, August 2025: AED 80,000 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 704 sits

All 31 2-beds →
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
7032-bedAED 1.09M · Aug 2015
705StudioAED 535K · May 2018
7061-bedAED 770K · Aug 2015
7071-bedAED 820K · Aug 2015
7081-bedAED 450K · Nov 2021
1–7 of 17

704, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 19 April 2015 for AED 1,105,000, or AED 924 per sqft.
  • Rented since February 2018 on 6 Ejari contracts. The rent fell from AED 73,000 to AED 53,000 in 2021 and recovered to AED 80,000 by August 2025.
  • At AED 80,000 a year the gross yield on the 2015 price is 7.2%, before a service charge of about AED 19,800 a year (AED 16.56 per sqft).

Source: Dubai Land Department. Updated 1 August 2025.

Questions about 704, Glitz Residence 2

What did unit 704 last sell for?

AED 1,105,000 on 19 April 2015, sold by the developer: AED 924 per sqft for 1,196 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 80,000 a year on the contract signed on 1 August 2025. The previous contract, from August 2024, was AED 80,000; the unit has been rented since February 2018.

How big is unit 704?

1,196 sqft (111.1 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 704 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 704, Glitz Residence 2

Starts from the last sale price (AED 1.11M, 19 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,105,000
Deposit, UAE resident (20%)
AED 221,000
Deposit, non-resident (40%)
AED 442,000
Monthly over 25 years at 3.7%
AED 4,521

Plus AED 51,420 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →