308, Glitz Residence 2
Sold prices and rental history: sold once, by the developer in April 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Glitz Residence 2
What is 308 worth today?
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Source: Dubai Land Department. Updated 28 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 674 sqft
- Floor
- 3rd of 8
- Parking
- G-33
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 11,200 /yr
- Last sold
- AED 770K · April 2015
- Building
- Glitz Residence 2
About 308, Glitz Residence 2
308 is a one-bedroom apartment of 674 sqft on the 3rd 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 19 April 2015 for AED 770,000, or AED 1,141 per sqft, in line with the AED 1,118 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 28 May 2025, is AED 59,500 a year: a gross yield of 7.7% on the 2015 price, before the service charge of about AED 11,200 a year.
Sales and rents for 308 over time
308 has sold once; the dashed line is the one-bed median of each year in the building.
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 308 sits
All 66 1-beds →308 last sold in April 2015 at AED 1,141 per sqft, in line with what one-beds in Glitz Residence 2 were fetching at the time (AED 1,118). 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. 308's AED 59,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Aug 202617 August 2026 | 672 sqft | 790,000 | 1,175 | ||
| 6 Nov 20256 November 2025 | 675 sqft | 730,000 | 1,081 | ||
| 1 Sep 20251 September 2025 | 786 sqft | 730,000 | 928 | ||
| 7 Aug 20257 August 2025 | 739 sqft | 900,000 | 1,217 |
Glitz Residence 2
Building146 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%
Other units on the 3rd floor
All 146 units in Glitz Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 786 sqft | AED 550KAED 550,000 · Mar 2020March 2020 | 53,000 /yr | |
| 302 | Studio | 235 sqft | AED 253KAED 252,500 · Mar 2016March 2016 | 46,305 /yr | |
| 303 | 2-bed | 1,200 sqft | AED 900KAED 900,000 · Jan 2024January 2024 | 85,000 /yr | |
| 304 | 2-bed | 1,196 sqft | AED 1.11MAED 1,105,000 · Aug 2015August 2015 | 85,000 /yr | |
| 305 | Studio | 490 sqft | AED 540KAED 540,000 · Jul 2026July 2026 | 25,000 /yr | |
| 306 | 1-bed | 672 sqft | AED 690KAED 690,000 · Dec 2024December 2024 | 60,000 /yr | |
| 307 | 1-bed | 739 sqft | AED 470KAED 470,000 · Oct 2019October 2019 | ||
| 309 | 3-bed | 1,647 sqft | AED 1.5MAED 1,495,000 · Aug 2015August 2015 | 120,000 /yr | |
| 310 | 3-bed | 1,647 sqft | AED 1.5MAED 1,495,000 · Aug 2015August 2015 | 113,000 /yr | |
| 311 | 1-bed | 675 sqft | AED 770KAED 770,000 · Jun 2015June 2015 | 58,433 /yr | |
| 312 | 1-bed | 739 sqft | AED 530KAED 530,000 · Sep 2023September 2023 | 39,913 /yr | |
| 313 | 1-bed | 674 sqft | AED 655KAED 655,000 · Jun 2024June 2024 | 55,000 /yr | |
| 314 | Studio | 490 sqft | AED 535KAED 535,000 · Sep 2015September 2015 | 32,000 /yr | |
| 315 | 2-bed | 1,197 sqft | AED 1.11MAED 1,105,000 · Aug 2015August 2015 | 73,500 /yr | |
| 316 | 2-bed | 1,175 sqft | AED 1.09MAED 1,090,000 · Jun 2015June 2015 | 86,000 /yr | |
| 317 | Studio | 451 sqft | AED 505KAED 505,000 · Jun 2015June 2015 | 34,788 /yr | |
| 318 | 1-bed | 762 sqft | AED 805KAED 805,000 · Aug 2015August 2015 | 68,000 /yr |
308, Glitz Residence 2 in numbers
- Sold once: by Danube Properties Development on 19 April 2015 for AED 770,000, or AED 1,141 per sqft.
- Rented since June 2019 on 5 Ejari contracts. The rent fell from AED 42,000 to AED 29,750 in 2024 and recovered to AED 59,500 by May 2025.
- At AED 59,500 a year the gross yield on the 2015 price is 7.7%, before a service charge of about AED 11,200 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 28 May 2025.
Questions about 308, Glitz Residence 2
What did unit 308 last sell for?
AED 770,000 on 19 April 2015, sold by the developer: AED 1,141 per sqft for 674 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 59,500 a year on the contract signed on 28 May 2025. The previous contract, from May 2024, was AED 29,750; the unit has been rented since June 2019.
How big is unit 308?
674 sqft (62.6 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.
What is unit 308 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 308, Glitz Residence 2
Starts from the last sale price (AED 770K, 19 April 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 770,000
- Deposit, UAE resident (20%)
- AED 154,000
- Deposit, non-resident (40%)
- AED 308,000
- Monthly over 25 years at 3.7%
- AED 3,150
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →