318, Glitz Residence 2
Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 318, Glitz Residence 2
What is 318 worth today?
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Source: Dubai Land Department. Updated 5 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 762 sqft
- Floor
- 3rd of 8
- Parking
- G-37
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 12,600 /yr
- Last sold
- AED 805K · August 2015
- Building
- Glitz Residence 2
About 318, Glitz Residence 2
318 is a one-bedroom apartment of 762 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 18 August 2015 for AED 805,000, or AED 1,056 per sqft, 5% below the AED 1,109 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, signed on 5 February 2026, is AED 68,000 a year: a gross yield of 8.5% on the 2015 price, before the service charge of about AED 12,600 a year.
Sales and rents for 318 over time
318 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 318 sits
All 66 1-beds →318 last sold in August 2015 at AED 1,056 per sqft, 5% below what one-beds in Glitz Residence 2 were fetching at the time (AED 1,109). 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. 318's AED 68,000 is in the upper 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 | ||
| 308 | 1-bed | 674 sqft | AED 770KAED 770,000 · Apr 2015April 2015 | 59,500 /yr | |
| 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, Glitz Residence 2 in numbers
- Sold once: by Danube Properties Development on 18 August 2015 for AED 805,000, or AED 1,056 per sqft.
- Rented since June 2018 on 10 Ejari contracts. The rent fell from AED 55,000 to AED 39,000 in 2021 and recovered to AED 68,000 by February 2026.
- At AED 68,000 a year the gross yield on the 2015 price is 8.5%, before a service charge of about AED 12,600 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 5 February 2026.
Questions about 318, Glitz Residence 2
What did unit 318 last sell for?
AED 805,000 on 18 August 2015, sold by the developer: AED 1,056 per sqft for 762 sqft. It is the only registered sale of the unit.
What is the rent for unit 318?
AED 68,000 a year on the contract signed on 5 February 2026. The previous contract, from June 2025, was AED 63,000; the unit has been rented since June 2018.
How big is unit 318?
762 sqft (70.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.
What is unit 318 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 318, Glitz Residence 2
Starts from the last sale price (AED 805K, 18 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 805,000
- Deposit, UAE resident (20%)
- AED 161,000
- Deposit, non-resident (40%)
- AED 322,000
- Monthly over 25 years at 3.7%
- AED 3,294
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →