2-bed · 1,196 sqftGlitz Residence 2, Dubai Studio City · 2nd floor · completed 2017

204, Glitz Residence 2

Sold prices and rental history: sold once, by the developer in September 2015, and rented once, from January 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 15 January 2018
Last soldAED 1.11M1 September 2015
Current rentAED 73K /yr15 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Glitz Residence 2

What is 204 worth today?

Last sold for AED 1,105,000 in 2015

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15 Jan 2018RentedNew contract
AED 73,000/yr12 months · AED 61 per sqft
1 Sep 2015Sold by developerOff-plan
AED 1,105,000AED 924 per sqft

Source: Dubai Land Department. Updated 15 January 2018.

Key facts

Type
2-bed apartment
Size
1,196 sqft
Floor
2nd of 8
Parking
B-69, B-70
Developer
Danube Properties Development
Completed
2017
Service charge
AED 19,800 /yr
Last sold
AED 1.11M · September 2015

About 204, Glitz Residence 2

204 is a two-bedroom apartment of 1,196 sqft on the 2nd 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 1 September 2015 for AED 1,105,000, or AED 924 per sqft, in line with the AED 924 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 January 2018. The current contract, signed on 15 January 2018, is AED 73,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 19,800 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical two-bed in Glitz Residence 2
800K1M2015201820212024Typical sale price by year: 2015 AED 1,105,000; 2018 AED 1,118,813; 2023 AED 830,000; 2024 AED 950,000Sold by developer, September 2015: AED 1,105,000 (AED 924 per sqft)

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

Rents
Unit 204, each contractTypical two-bed in Glitz Residence 2
60K80K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 72,000; 2020 AED 57,000; 2021 AED 54,000; 2022 AED 58,000; 2023 AED 65,000; 2024 AED 75,600; 2025 AED 80,881; 2026 AED 82,000New contract, January 2018: AED 73,000 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 204 sits

All 32 2-beds →

204 last sold in September 2015 at AED 924 per sqft, in line with what two-beds in Glitz Residence 2 were fetching at the time (AED 924). Over the last 12 months two-beds sold for AED 1,075,000, around AED 914 per sqft, and rent for AED 70,400 to 94,000 a year. 204's AED 73,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Nov 20251,075,000
20 Jun 20241,025,000
20 May 2024950,000
16 Jan 2024900,000
1 2-bed 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. 7 sold in the last 12 months.

Typical price per sqft
AED 1,020
Typical sale
AED 790K
Typical rent
AED 60K /yr
Typical yield
7.9%
Glitz Residence 2, Dubai Studio City: prices, sales and rents →

Other units on the 2nd floor

All 146 units in Glitz Residence 2
Value
2011-bedAED 805K · Sep 2015
202StudioAED 530K · Jan 2026
2032-bedAED 1.09M · Apr 2015
205StudioAED 535K · Jun 2015
2061-bedAED 770K · Aug 2015
2071-bedAED 820K · Sep 2015
2081-bedAED 770K · Aug 2015
1–7 of 17

204, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 1 September 2015 for AED 1,105,000, or AED 924 per sqft.
  • Rented since January 2018 on one Ejari contract, at AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2015 price is 6.6%, before a service charge of about AED 19,800 a year (AED 16.56 per sqft).
  • Two-beds in Glitz Residence 2 sold for AED 1,075,000–1,075,000 in the 12 months to November 2026; the building's median across all types is AED 1,020 per sqft.

Source: Dubai Land Department. Updated 15 January 2018.

Questions about 204, Glitz Residence 2

What did unit 204 last sell for?

AED 1,105,000 on 1 September 2015, sold by the developer: AED 924 per sqft for 1,196 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 73,000 a year on the contract signed on 15 January 2018.

How big is unit 204?

1,196 sqft (111.1 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Glitz Residence 2 sold for AED 1,075,000 to 1,075,000 in the last 12 months, around AED 914 per sqft.

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Mortgage on 204, Glitz Residence 2

Starts from the last sale price (AED 1.11M, 1 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,105,000
Deposit, UAE resident (20%)
AED 221,000
Deposit, non-resident (40%)
AED 442,000
Monthly over 25 years at 3.7%
AED 4,521

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