1-bed · 672 sqftGlitz Residence 2, Dubai Studio City · 3rd floor · completed 2017

306, Glitz Residence 2

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 690K10 December 2024
Current rentAED 60K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Glitz Residence 2

What is 306 worth today?

Last sold for AED 690,000 in 2024

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1 Jan 2026RentedRenewal
AED 60,000/yr12 months · AED 89 per sqft
1 Jan 2026RentedRenewal
AED 60,000/yr12 months · AED 89 per sqft
1 Jan 2025RentedNew contract
AED 60,000/yr12 months · AED 89 per sqft
10 Dec 2024SoldReady
AED 690,000AED 1,026 per sqft
15 Mar 2022RentedNew contract
AED 35,000/yr12 months · AED 52 per sqft
25 Aug 2020RentedRenewal
AED 37,000/yr12 months · AED 55 per sqft
25 Aug 2019RentedNew contract
AED 42,000/yr12 months · AED 63 per sqft
1 Jul 2018RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
1-bed apartment
Size
672 sqft
Floor
3rd of 8
Parking
G-31
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,100 /yr
Last sold
AED 690K · December 2024

About 306, Glitz Residence 2

306 is a one-bedroom apartment of 672 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 10 December 2024 for AED 690,000, or AED 1,026 per sqft, 8% above the AED 949 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 60,000 a year: a gross yield of 8.7% on the 2024 price, before the service charge of about AED 11,100 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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 770,000 (AED 1,145 per sqft)Sold, December 2024: AED 690,000 (AED 1,026 per sqft)

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

Rents
Unit 306, 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, July 2018: AED 55,000 a yearNew contract, August 2019: AED 42,000 a yearRenewal, August 2020: AED 37,000 a yearNew contract, March 2022: AED 35,000 a yearNew contract, January 2025: AED 60,000 a yearRenewal, January 2026: AED 60,000 a yearRenewal, January 2026: AED 60,000 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 306 sits

All 66 1-beds →

306 last sold in December 2024 at AED 1,026 per sqft, 8% above what one-beds in Glitz Residence 2 were fetching at the time (AED 949). 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. 306's AED 60,000 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
3011-bedAED 550K · Mar 2020
302StudioAED 253K · Mar 2016
3032-bedAED 900K · Jan 2024
3042-bedAED 1.11M · Aug 2015
305StudioAED 540K · Jul 2026
3071-bedAED 470K · Oct 2019
3081-bedAED 770K · Apr 2015
1–7 of 17

306, Glitz Residence 2 in numbers

  • Sold twice: first on 31 August 2015 for AED 770,000, last on 10 December 2024 for AED 690,000 (AED 1,026 per sqft).
  • Rented since July 2018 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 35,000 in 2022 and recovered to AED 60,000 by January 2026.
  • At AED 60,000 a year the gross yield on the 2024 price is 8.7%, before a service charge of about AED 11,100 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 1 January 2026.

Questions about 306, Glitz Residence 2

What did unit 306 last sell for?

AED 690,000 on 10 December 2024: AED 1,026 per sqft for 672 sqft. The unit has 2 registered sales; the first was AED 770,000 in August 2015.

What is the rent for unit 306?

AED 60,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2026, was AED 60,000; the unit has been rented since July 2018.

How big is unit 306?

672 sqft (62.4 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 306 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 306, Glitz Residence 2

Starts from the last sale price (AED 690K, 10 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

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