1-bed · 739 sqftGlitz Residence 2, Dubai Studio City · 7th floor · completed 2017

712, 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 712 · DLD and Ejari recordsUpdated 24 June 2025
Last soldAED 812K31 August 2015
Current rentAED 61K /yr24 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Glitz Residence 2

What is 712 worth today?

Last sold for AED 812,000 in 2015

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24 Jun 2025RentedRenewal
AED 61,269/yr12 months · AED 83 per sqft
24 Jun 2024RentedNew contract
AED 59,000/yr12 months · AED 80 per sqft
23 Jun 2023RentedRenewal
AED 41,800/yr12 months · AED 56 per sqft
23 Jun 2022RentedNew contract
AED 38,000/yr12 months · AED 51 per sqft
21 Sep 2021RentedNew contract
AED 36,000/yr12 months · AED 48 per sqft
10 May 2020RentedRenewal
AED 48,000/yr15 months · AED 65 per sqft
10 May 2019RentedRenewal
AED 55,000/yr12 months · AED 74 per sqft
10 May 2018RentedNew contract
AED 57,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 24 June 2025.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
7th of 8
Parking
B-106
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,200 /yr
Last sold
AED 812K · August 2015

About 712, Glitz Residence 2

712 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 31 August 2015 for AED 812,000, or AED 1,098 per sqft, in line with the AED 1,109 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 24 June 2025, is AED 61,269 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 12,200 a year.

Sales and rents for 712 over time

Sales
Unit 712, each saleTypical one-bed in Glitz Residence 2
400K600K800K2015201820212024Typical sale price by year: 2015 AED 805,000; 2017 AED 760,000; 2018 AED 812,250; 2019 AED 675,000; 2020 AED 475,000; 2021 AED 450,000; 2022 AED 460,000; 2023 AED 585,000; 2024 AED 640,000; 2025 AED 715,000Sold by developer, August 2015: AED 812,000 (AED 1,098 per sqft)

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

Rents
Unit 712, each contractTypical one-bed in Glitz Residence 2
40K60K2018202120242027Typical rent by year: 2018 AED 55,000; 2019 AED 50,000; 2020 AED 42,000; 2021 AED 35,000; 2022 AED 40,000; 2023 AED 44,000; 2024 AED 50,400; 2025 AED 60,000; 2026 AED 62,500New contract, May 2018: AED 57,000 a yearRenewal, May 2019: AED 55,000 a yearRenewal, May 2020: AED 48,000 a yearNew contract, September 2021: AED 36,000 a yearNew contract, June 2022: AED 38,000 a yearRenewal, June 2023: AED 41,800 a yearNew contract, June 2024: AED 59,000 a yearRenewal, June 2025: AED 61,269 a year

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 712 sits

All 62 1-beds →

712 last sold in August 2015 at AED 1,098 per sqft, in line with what one-beds in Glitz Residence 2 were fetching at the time (AED 1,109). 712's AED 61,269 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jul 2025720,000
20 May 2025750,000
16 Apr 2025710,000
12 Feb 2025680,000
0 1-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
7042-bedAED 1.11M · Apr 2015
705StudioAED 535K · May 2018
7061-bedAED 770K · Aug 2015
7071-bedAED 820K · Aug 2015
1–7 of 17

712, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 31 August 2015 for AED 812,000, or AED 1,098 per sqft.
  • Rented since May 2018 on 8 Ejari contracts. The rent fell from AED 57,000 to AED 36,000 in 2021 and recovered to AED 61,269 by June 2025.
  • At AED 61,269 a year the gross yield on the 2015 price is 7.5%, before a service charge of about AED 12,200 a year (AED 16.56 per sqft).

Source: Dubai Land Department. Updated 24 June 2025.

Questions about 712, Glitz Residence 2

What did unit 712 last sell for?

AED 812,000 on 31 August 2015, sold by the developer: AED 1,098 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 712?

AED 61,269 a year on the contract renewed on 24 June 2025. The previous contract, from June 2024, was AED 59,000; the unit has been rented since May 2018.

How big is unit 712?

739 sqft (68.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 712 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 712, Glitz Residence 2

Starts from the last sale price (AED 812K, 31 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 812,000
Deposit, UAE resident (20%)
AED 162,400
Deposit, non-resident (40%)
AED 324,800
Monthly over 25 years at 3.7%
AED 3,322

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →