Studio · 490 sqftGlitz Residence 2, Dubai Studio City · 7th floor · completed 2017

714, Glitz Residence 2

Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 714 · DLD and Ejari recordsUpdated 23 April 2025
Last soldAED 520K19 April 2025
Current rentAED 45K /yr23 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 714, Glitz Residence 2

What is 714 worth today?

Last sold for AED 520,000 in 2025

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23 Apr 2025RentedNew contract
AED 45,000/yr12 months · AED 91 per sqft
19 Apr 2025SoldReady
AED 520,000AED 1,061 per sqft
15 Feb 2024RentedRenewal
AED 33,000/yr12 months · AED 68 per sqft
15 Feb 2023RentedRenewal
AED 30,000/yr12 months · AED 61 per sqft
15 Feb 2022RentedNew contract
AED 28,000/yr12 months · AED 57 per sqft
10 Oct 2018RentedNew contract
AED 40,000/yr12 months · AED 81 per sqft
7 Jun 2015Sold by developerOff-plan
AED 535,000AED 1,092 per sqft

Source: Dubai Land Department. Updated 23 April 2025.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
7th of 8
Parking
B-13
Developer
Danube Properties Development
Completed
2017
Service charge
AED 8,100 /yr
Last sold
AED 520K · April 2025

About 714, Glitz Residence 2

714 is a studio of 490 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 19 April 2025 for AED 520,000, or AED 1,061 per sqft, in line with the AED 1,037 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 23 April 2025, is AED 45,000 a year: a gross yield of 8.6% on the 2025 price, before the service charge of about AED 8,100 a year.

Sales and rents for 714 over time

Sales
Unit 714, each saleTypical studio in Glitz Residence 2
500K520K540K2015201820212024Typical sale price by year: 2015 AED 520,000; 2018 AED 535,000; 2024 AED 495,500; 2025 AED 500,000Sold by developer, June 2015: AED 535,000 (AED 1,092 per sqft)Sold, April 2025: AED 520,000 (AED 1,061 per sqft)

714 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 714, each contractTypical studio in Glitz Residence 2
30K40K20182020202220242026Typical rent by year: 2018 AED 40,000; 2019 AED 36,000; 2020 AED 28,250; 2021 AED 26,500; 2022 AED 28,750; 2023 AED 35,000; 2024 AED 42,000; 2025 AED 43,689New contract, October 2018: AED 40,000 a yearNew contract, February 2022: AED 28,000 a yearRenewal, February 2023: AED 30,000 a yearRenewal, February 2024: AED 33,000 a yearNew contract, April 2025: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Glitz Residence 2, and where 714 sits

All 34 studios →

714 last sold in April 2025 at AED 1,061 per sqft, in line with what studios in Glitz Residence 2 were fetching at the time (AED 1,037). Over the last 12 months studios sold for AED 530,000, around AED 1,140 per sqft, and rent for AED 37,000 to 54,000 a year. 714's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Jan 2026530,000
16 Apr 2025500,000
20 Jan 2025465,000
11 Dec 2024511,000
1 studio sale 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

714, Glitz Residence 2 in numbers

  • Sold twice: first on 7 June 2015 for AED 535,000, last on 19 April 2025 for AED 520,000 (AED 1,061 per sqft).
  • Rented since October 2018 on 5 Ejari contracts. The rent fell from AED 40,000 to AED 28,000 in 2022 and recovered to AED 45,000 by April 2025.
  • At AED 45,000 a year the gross yield on the 2025 price is 8.6%, before a service charge of about AED 8,100 a year (AED 16.56 per sqft).
  • Studios in Glitz Residence 2 sold for AED 530,000–530,000 in the 12 months to November 2026; the building's median across all types is AED 1,140 per sqft.

Source: Dubai Land Department. Updated 23 April 2025.

Questions about 714, Glitz Residence 2

What did unit 714 last sell for?

AED 520,000 on 19 April 2025: AED 1,061 per sqft for 490 sqft. The unit has 2 registered sales; the first was AED 535,000 in June 2015.

What is the rent for unit 714?

AED 45,000 a year on the contract signed on 23 April 2025. The previous contract, from February 2024, was AED 33,000; the unit has been rented since October 2018.

How big is unit 714?

490 sqft (45.5 sqm): a studio on the 7th floor of a 8-storey tower completed in 2017.

What is unit 714 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glitz Residence 2 sold for AED 530,000 to 530,000 in the last 12 months, around AED 1,140 per sqft.

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Mortgage on 714, Glitz Residence 2

Starts from the last sale price (AED 520K, 19 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

Plus AED 26,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →