1-bed · 739 sqftGlitz Residence 2, Dubai Studio City · 3rd floor · completed 2017

312, Glitz Residence 2

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 23 February 2024
Last soldAED 530K18 September 2023
Current rentAED 40K /yr23 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Glitz Residence 2

What is 312 worth today?

Last sold for AED 530,000 in 2023

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23 Feb 2024RentedRenewal
AED 39,913/yr8 months · AED 54 per sqft
18 Sep 2023SoldReady
AED 530,000AED 716 per sqft
18 Sep 2023RentedNew contract
AED 41,114/yr5 months · AED 55 per sqft
23 Feb 2023RentedRenewal
AED 41,200/yr12 months · AED 55 per sqft
23 Feb 2022RentedRenewal
AED 38,000/yr12 months · AED 51 per sqft
23 Feb 2021RentedNew contract
AED 39,000/yr12 months · AED 53 per sqft
23 Feb 2021RentedRenewal
AED 39,000/yr12 months · AED 53 per sqft
27 Oct 2020SoldReady
AED 445,000AED 601 per sqft

Source: Dubai Land Department. Updated 23 February 2024.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
3rd of 8
Parking
G-35
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,200 /yr
Last sold
AED 530K · September 2023

About 312, Glitz Residence 2

312 is a one-bedroom apartment of 739 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 18 September 2023 for AED 530,000, or AED 716 per sqft, 11% above the AED 646 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 23 February 2024, is AED 39,913 a year: a gross yield of 7.5% on the 2023 price, before the service charge of about AED 12,200 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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 820,000 (AED 1,109 per sqft)Sold, October 2020: AED 445,000 (AED 601 per sqft)Sold, September 2023: AED 530,000 (AED 716 per sqft)

312 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 312, 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, February 2018: AED 55,000 a yearRenewal, February 2019: AED 48,000 a yearRenewal, February 2020: AED 48,000 a yearNew contract, February 2021: AED 39,000 a yearRenewal, February 2021: AED 39,000 a yearRenewal, February 2022: AED 38,000 a yearRenewal, February 2023: AED 41,200 a yearNew contract, September 2023: AED 41,114 a yearRenewal, February 2024: AED 39,913 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 312 sits

All 66 1-beds →

312 last sold in September 2023 at AED 716 per sqft, 11% above what one-beds in Glitz Residence 2 were fetching at the time (AED 646). 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. 312's AED 39,913 is at the bottom 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
3061-bedAED 690K · Dec 2024
3071-bedAED 470K · Oct 2019
1–7 of 17

312, Glitz Residence 2 in numbers

  • Sold 3 times: first on 18 August 2015 for AED 820,000, last on 18 September 2023 for AED 530,000 (AED 716 per sqft).
  • Rented since February 2018 on 9 Ejari contracts, from AED 55,000 to AED 39,913 a year.
  • At AED 39,913 a year the gross yield on the 2023 price is 7.5%, before a service charge of about AED 12,200 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 23 February 2024.

Questions about 312, Glitz Residence 2

What did unit 312 last sell for?

AED 530,000 on 18 September 2023: AED 716 per sqft for 739 sqft. The unit has 3 registered sales; the first was AED 820,000 in August 2015.

What is the rent for unit 312?

AED 39,913 a year on the contract renewed on 23 February 2024. The previous contract, from September 2023, was AED 41,114; the unit has been rented since February 2018.

How big is unit 312?

739 sqft (68.7 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 312 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 312, Glitz Residence 2

Starts from the last sale price (AED 530K, 18 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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