707, Glitz Residence 2
Sold prices and rental history: sold once, by the developer in August 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 707, Glitz Residence 2
What is 707 worth today?
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Source: Dubai Land Department. Updated 16 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 739 sqft
- Floor
- 7th of 8
- Parking
- B-137
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 12,200 /yr
- Last sold
- AED 820K · August 2015
- Building
- Glitz Residence 2
About 707, Glitz Residence 2
707 is a one-bedroom apartment of 739 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 18 August 2015 for AED 820,000, or AED 1,109 per sqft, in line with the AED 1,109 one-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 16 May 2024, is AED 58,000 a year: a gross yield of 7.1% on the 2015 price, before the service charge of about AED 12,200 a year.
Sales and rents for 707 over time
707 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 707 sits
All 62 1-beds →707 last sold in August 2015 at AED 1,109 per sqft, in line with what one-beds in Glitz Residence 2 were fetching at the time (AED 1,109). 707's AED 58,000 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 | |
| 706 | 1-bed | 672 sqft | AED 770KAED 770,000 · Aug 2015August 2015 | 60,000 /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 |
707, Glitz Residence 2 in numbers
- Sold once: by Danube Properties Development on 18 August 2015 for AED 820,000, or AED 1,109 per sqft.
- Rented since February 2018 on 3 Ejari contracts. The rent fell from AED 58,000 to AED 40,000 in 2020 and recovered to AED 58,000 by May 2024.
- At AED 58,000 a year the gross yield on the 2015 price is 7.1%, before a service charge of about AED 12,200 a year (AED 16.56 per sqft).
Source: Dubai Land Department. Updated 16 May 2024.
Questions about 707, Glitz Residence 2
What did unit 707 last sell for?
AED 820,000 on 18 August 2015, sold by the developer: AED 1,109 per sqft for 739 sqft. It is the only registered sale of the unit.
What is the rent for unit 707?
AED 58,000 a year on the contract signed on 16 May 2024. The previous contract, from June 2020, was AED 40,000; the unit has been rented since February 2018.
How big is unit 707?
739 sqft (68.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.
What is unit 707 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 707, Glitz Residence 2
Starts from the last sale price (AED 820K, 18 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 820,000
- Deposit, UAE resident (20%)
- AED 164,000
- Deposit, non-resident (40%)
- AED 328,000
- Monthly over 25 years at 3.7%
- AED 3,355
Plus AED 39,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →