1-bed · 786 sqftGlitz Residence 2, Dubai Studio City · 3rd floor · completed 2017

301, Glitz Residence 2

Sold prices and rental history: sold twice, last in March 2020, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 25 March 2020
Last soldAED 550K25 March 2020
Current rentAED 53K /yr10 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Glitz Residence 2

What is 301 worth today?

Last sold for AED 550,000 in 2020

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25 Mar 2020SoldReady
AED 550,000AED 699 per sqft
10 Apr 2019RentedRenewal
AED 53,000/yr12 months · AED 67 per sqft
10 Apr 2018RentedNew contract
AED 53,000/yr12 months · AED 67 per sqft
16 Aug 2015Sold by developerOff-plan
AED 805,000AED 1,023 per sqft

Source: Dubai Land Department. Updated 25 March 2020.

Key facts

Type
1-bed apartment
Size
786 sqft
Floor
3rd of 8
Parking
G-30
Developer
Danube Properties Development
Completed
2017
Service charge
AED 13,000 /yr
Last sold
AED 550K · March 2020

About 301, Glitz Residence 2

301 is a one-bedroom apartment of 786 sqft on the 3rd floor of Glitz Residence 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 25 March 2020 for AED 550,000, or AED 699 per sqft, in line with the AED 702 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 10 April 2019, is AED 53,000 a year: a gross yield of 9.6% on the 2020 price, before the service charge of about AED 13,000 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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 720,000Sold by developer, August 2015: AED 805,000 (AED 1,023 per sqft)Sold, March 2020: AED 550,000 (AED 699 per sqft)

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

Rents
Unit 301, each contractTypical one-bed in Glitz Residence 2
40K60K2018202120242027Typical rent by year: 2018 AED 55,000; 2019 AED 50,000; 2020 AED 41,000; 2021 AED 35,429; 2022 AED 40,000; 2023 AED 44,625; 2024 AED 51,075; 2025 AED 60,000; 2026 AED 60,000New contract, April 2018: AED 53,000 a yearRenewal, April 2019: AED 53,000 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 301 sits

All 66 1-beds →

301 last sold in March 2020 at AED 699 per sqft, in line with what one-beds in Glitz Residence 2 were fetching at the time (AED 702). Over the last 12 months one-beds sold for AED 790,000, around AED 1,175 per sqft, and rent for AED 50,936 to 72,000 a year. 301's AED 53,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Aug 2026790,000
6 Nov 2025730,000
1 Sep 2025730,000
7 Aug 2025900,000
1 1-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 3rd floor

All 146 units in Glitz Residence 2
Value
302StudioAED 253K · Mar 2016
3032-bedAED 900K · Jan 2024
3042-bedAED 1.11M · Aug 2015
305StudioAED 540K · Jul 2026
3061-bedAED 690K · Dec 2024
3071-bedAED 470K · Oct 2019
3081-bedAED 770K · Apr 2015
1–7 of 17

301, Glitz Residence 2 in numbers

  • Sold twice: first on 16 August 2015 for AED 805,000, last on 25 March 2020 for AED 550,000 (AED 699 per sqft).
  • Rented since April 2018 on 2 Ejari contracts, at AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2020 price is 9.6%, before a service charge of about AED 13,000 a year (AED 16.56 per sqft).
  • One-beds in Glitz Residence 2 sold for AED 790,000–790,000 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 25 March 2020.

Questions about 301, Glitz Residence 2

What did unit 301 last sell for?

AED 550,000 on 25 March 2020: AED 699 per sqft for 786 sqft. The unit has 2 registered sales; the first was AED 805,000 in August 2015.

What is the rent for unit 301?

AED 53,000 a year on the contract renewed on 10 April 2019. The previous contract, from April 2018, was AED 53,000.

How big is unit 301?

786 sqft (73.0 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Glitz Residence 2 sold for AED 790,000 to 790,000 in the last 12 months, around AED 1,175 per sqft.

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Mortgage on 301, Glitz Residence 2

Starts from the last sale price (AED 550K, 25 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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