2-bed · 1,175 sqftGlitz Residence 2, Dubai Studio City · 7th floor · completed 2017

716, Glitz Residence 2

Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 25 June 2025
Last soldAED 1.09M7 May 2015
Current rentAED 85K /yr25 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 716, Glitz Residence 2

What is 716 worth today?

Last sold for AED 1,090,000 in 2015

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25 Jun 2025RentedRenewal
AED 85,000/yr12 months · AED 72 per sqft
25 Jun 2024RentedNew contract
AED 85,000/yr12 months · AED 72 per sqft
6 Jun 2024RentedNew contract
AED 85,000/yr12 months · AED 72 per sqft
24 Mar 2019RentedRenewal
AED 75,000/yr12 months · AED 64 per sqft
7 May 2015Sold by developerOff-plan
AED 1,090,000AED 927 per sqft

Source: Dubai Land Department. Updated 25 June 2025.

Key facts

Type
2-bed apartment
Size
1,175 sqft
Floor
7th of 8
Parking
B-150, B-151
Developer
Danube Properties Development
Completed
2017
Service charge
AED 19,500 /yr
Last sold
AED 1.09M · May 2015

About 716, Glitz Residence 2

716 is a two-bedroom apartment of 1,175 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 7 May 2015 for AED 1,090,000, or AED 927 per sqft, in line with the AED 924 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 25 June 2025, is AED 85,000 a year: a gross yield of 7.8% on the 2015 price, before the service charge of about AED 19,500 a year.

Sales and rents for 716 over time

Sales
Unit 716, each saleTypical two-bed in Glitz Residence 2
800K1M2015201820212024Typical sale price by year: 2015 AED 1,105,000; 2018 AED 1,126,125; 2023 AED 830,000; 2024 AED 950,000Sold by developer, May 2015: AED 1,090,000 (AED 927 per sqft)

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

Rents
Unit 716, each contractTypical two-bed in Glitz Residence 2
60K80K20182020202220242026Typical rent by year: 2018 AED 75,000; 2019 AED 72,000; 2020 AED 58,000; 2021 AED 54,500; 2022 AED 58,000; 2023 AED 65,815; 2024 AED 75,300; 2025 AED 80,000Renewal, March 2019: AED 75,000 a yearNew contract, June 2024: AED 85,000 a yearNew contract, June 2024: AED 85,000 a yearRenewal, June 2025: AED 85,000 a year

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

2-beds in Glitz Residence 2, and where 716 sits

All 31 2-beds →

716 last sold in May 2015 at AED 927 per sqft, in line with what two-beds in Glitz Residence 2 were fetching at the time (AED 924).

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jun 20241,025,000
20 May 2024950,000
16 Jan 2024900,000
18 Oct 2023870,000
0 2-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

716, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 7 May 2015 for AED 1,090,000, or AED 927 per sqft.
  • Rented since March 2019 on 4 Ejari contracts, from AED 75,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2015 price is 7.8%, before a service charge of about AED 19,500 a year (AED 16.56 per sqft).

Source: Dubai Land Department. Updated 25 June 2025.

Questions about 716, Glitz Residence 2

What did unit 716 last sell for?

AED 1,090,000 on 7 May 2015, sold by the developer: AED 927 per sqft for 1,175 sqft. It is the only registered sale of the unit.

What is the rent for unit 716?

AED 85,000 a year on the contract renewed on 25 June 2025. The previous contract, from June 2024, was AED 85,000; the unit has been rented since March 2019.

How big is unit 716?

1,175 sqft (109.2 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 716 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 716, Glitz Residence 2

Starts from the last sale price (AED 1.09M, 7 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,090,000
Deposit, UAE resident (20%)
AED 218,000
Deposit, non-resident (40%)
AED 436,000
Monthly over 25 years at 3.7%
AED 4,460

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