1-bed · 674 sqftGlitz Residence 2, Dubai Studio City · 7th floor · completed 2017

713, Glitz Residence 2

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 713 · DLD and Ejari recordsUpdated 15 December 2023
Last soldAED 620K7 November 2023
Current rentAED 55K /yr15 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 713, Glitz Residence 2

What is 713 worth today?

Last sold for AED 620,000 in 2023

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15 Dec 2023RentedNew contract
AED 55,000/yr12 months · AED 81 per sqft
7 Nov 2023SoldReady
AED 620,000AED 919 per sqft
10 Jul 2022RentedRenewal
AED 40,000/yr12 months · AED 59 per sqft
10 Jul 2021RentedRenewal
AED 38,000/yr12 months · AED 56 per sqft
1 Mar 2019RentedRenewal
AED 55,000/yr12 months · AED 81 per sqft
1 Mar 2018RentedNew contract
AED 57,000/yr12 months · AED 84 per sqft
1 Sep 2015Sold by developerOff-plan
AED 770,000AED 1,142 per sqft

Source: Dubai Land Department. Updated 15 December 2023.

Key facts

Type
1-bed apartment
Size
674 sqft
Floor
7th of 8
Parking
B-107
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,200 /yr
Last sold
AED 620K · November 2023

About 713, Glitz Residence 2

713 is a one-bedroom apartment of 674 sqft on the 7th floor of Glitz Residence 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 7 November 2023 for AED 620,000, or AED 919 per sqft, 28% above the AED 716 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 15 December 2023, is AED 55,000 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 11,200 a year.

Sales and rents for 713 over time

Sales
Unit 713, 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, September 2015: AED 770,000 (AED 1,142 per sqft)Sold, November 2023: AED 620,000 (AED 919 per sqft)

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

Rents
Unit 713, 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, March 2018: AED 57,000 a yearRenewal, March 2019: AED 55,000 a yearRenewal, July 2021: AED 38,000 a yearRenewal, July 2022: AED 40,000 a yearNew contract, December 2023: AED 55,000 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 713 sits

All 62 1-beds →

713 last sold in November 2023 at AED 919 per sqft, 28% above what one-beds in Glitz Residence 2 were fetching at the time (AED 716). 713's AED 55,000 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

713, Glitz Residence 2 in numbers

  • Sold twice: first on 1 September 2015 for AED 770,000, last on 7 November 2023 for AED 620,000 (AED 919 per sqft).
  • Rented since March 2018 on 5 Ejari contracts. The rent fell from AED 57,000 to AED 38,000 in 2021 and recovered to AED 55,000 by December 2023.
  • At AED 55,000 a year the gross yield on the 2023 price is 8.9%, before a service charge of about AED 11,200 a year (AED 16.56 per sqft).

Source: Dubai Land Department. Updated 15 December 2023.

Questions about 713, Glitz Residence 2

What did unit 713 last sell for?

AED 620,000 on 7 November 2023: AED 919 per sqft for 674 sqft. The unit has 2 registered sales; the first was AED 770,000 in September 2015.

What is the rent for unit 713?

AED 55,000 a year on the contract signed on 15 December 2023. The previous contract, from July 2022, was AED 40,000; the unit has been rented since March 2018.

How big is unit 713?

674 sqft (62.6 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 713 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 713, Glitz Residence 2

Starts from the last sale price (AED 620K, 7 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

Plus AED 31,050 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →