706, Glitz Residence 2
Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Glitz Residence 2
What is 706 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 672 sqft
- Floor
- 7th of 8
- Parking
- B-156
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 11,100 /yr
- Last sold
- AED 770K · August 2015
- Building
- Glitz Residence 2
About 706, Glitz Residence 2
706 is a one-bedroom apartment of 672 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 770,000, or AED 1,145 per sqft, in line with the AED 1,128 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 October 2025, is AED 60,000 a year: a gross yield of 7.8% on the 2015 price, before the service charge of about AED 11,100 a year.
Sales and rents for 706 over time
706 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Glitz Residence 2, and where 706 sits
All 62 1-beds →706 last sold in August 2015 at AED 1,145 per sqft, in line with what one-beds in Glitz Residence 2 were fetching at the time (AED 1,128). 706's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jul 202529 July 2025 | 802 sqft | 720,000 | 898 | ||
| 20 May 202520 May 2025 | 786 sqft | 750,000 | 953 | ||
| 16 Apr 202516 April 2025 | 762 sqft | 710,000 | 932 | ||
| 12 Feb 202512 February 2025 | 672 sqft | 680,000 | 1,011 |
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 | ||
| 702 | Studio | 465 sqft | AED 360KAED 360,000 · Apr 2023April 2023 | 41,500 /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 | |
| 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 |
706, Glitz Residence 2 in numbers
- Sold once: by Danube Properties Development on 16 August 2015 for AED 770,000, or AED 1,145 per sqft.
- Rented since February 2019 on 4 Ejari contracts. The rent fell from AED 46,000 to AED 30,000 in 2021 and recovered to AED 60,000 by October 2025.
- At AED 60,000 a year the gross yield on the 2015 price is 7.8%, before a service charge of about AED 11,100 a year (AED 16.56 per sqft).
Source: Dubai Land Department. Updated 1 October 2025.
Questions about 706, Glitz Residence 2
What did unit 706 last sell for?
AED 770,000 on 16 August 2015, sold by the developer: AED 1,145 per sqft for 672 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 60,000 a year on the contract signed on 1 October 2025. The previous contract, from March 2023, was AED 43,000; the unit has been rented since February 2019.
How big is unit 706?
672 sqft (62.4 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.
What is unit 706 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 706, Glitz Residence 2
Starts from the last sale price (AED 770K, 16 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 770,000
- Deposit, UAE resident (20%)
- AED 154,000
- Deposit, non-resident (40%)
- AED 308,000
- Monthly over 25 years at 3.7%
- AED 3,150
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →