2-bed · 1,196 sqftGlitz Residence 2, Dubai Studio City · 4th floor · completed 2017

404, Glitz Residence 2

Sold prices and rental history: sold once, by the developer in April 2018, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 1 May 2020
Last soldAED 1.16M3 April 2018
Current rentAED 50K /yr1 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Glitz Residence 2

What is 404 worth today?

Last sold for AED 1,155,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 May 2020RentedRenewal
AED 50,000/yr12 months · AED 42 per sqft
1 May 2019RentedRenewal
AED 50,000/yr12 months · AED 42 per sqft
1 May 2018RentedNew contract
AED 50,000/yr12 months · AED 42 per sqft
3 Apr 2018Sold by developerReady
AED 1,155,000AED 966 per sqft

Source: Dubai Land Department. Updated 1 May 2020.

Key facts

Type
2-bed apartment
Size
1,196 sqft
Floor
4th of 8
Parking
B-83, B-84
Developer
Danube Properties Development
Completed
2017
Service charge
AED 19,800 /yr
Last sold
AED 1.16M · April 2018

About 404, Glitz Residence 2

404 is a two-bedroom apartment of 1,196 sqft on the 4th 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 3 April 2018 for AED 1,155,000, or AED 966 per sqft, 4% above the AED 931 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 1 May 2020, is AED 50,000 a year: a gross yield of 4.3% on the 2018 price, before the service charge of about AED 19,800 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Glitz Residence 2
800K1M1.2M2015201820212024Typical sale price by year: 2015 AED 1,105,000; 2018 AED 1,118,813; 2023 AED 830,000; 2024 AED 950,000Sold by developer, April 2018: AED 1,155,000 (AED 966 per sqft)

404 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 404, each contractTypical two-bed in Glitz Residence 2
60K80K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 72,000; 2020 AED 57,000; 2021 AED 54,000; 2022 AED 58,000; 2023 AED 65,000; 2024 AED 75,600; 2025 AED 80,881; 2026 AED 82,000New contract, May 2018: AED 50,000 a yearRenewal, May 2019: AED 50,000 a yearRenewal, May 2020: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Glitz Residence 2, and where 404 sits

All 32 2-beds →

404 last sold in April 2018 at AED 966 per sqft, 4% above what two-beds in Glitz Residence 2 were fetching at the time (AED 931). Over the last 12 months two-beds sold for AED 1,075,000, around AED 914 per sqft, and rent for AED 70,400 to 94,000 a year. 404's AED 50,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Nov 20251,075,000
20 Jun 20241,025,000
20 May 2024950,000
16 Jan 2024900,000
1 2-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 4th floor

All 146 units in Glitz Residence 2
Value
4011-bedAED 480K · Dec 2022
402StudioAED 500K · Feb 2019
4032-bedAED 950K · May 2024
405StudioAED 500K · Apr 2025
4061-bedAED 675K · Feb 2019
4071-bedAED 830K · Nov 2018
4081-bedAED 675K · Feb 2019
1–7 of 17

404, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 3 April 2018 for AED 1,155,000, or AED 966 per sqft.
  • Rented since May 2018 on 3 Ejari contracts, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2018 price is 4.3%, before a service charge of about AED 19,800 a year (AED 16.56 per sqft).
  • Two-beds in Glitz Residence 2 sold for AED 1,075,000–1,075,000 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 May 2020.

Questions about 404, Glitz Residence 2

What did unit 404 last sell for?

AED 1,155,000 on 3 April 2018, sold by the developer: AED 966 per sqft for 1,196 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 50,000 a year on the contract renewed on 1 May 2020. The previous contract, from May 2019, was AED 50,000; the unit has been rented since May 2018.

How big is unit 404?

1,196 sqft (111.1 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Glitz Residence 2 sold for AED 1,075,000 to 1,075,000 in the last 12 months, around AED 914 per sqft.

Selling 404? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 404, Glitz Residence 2

Starts from the last sale price (AED 1.16M, 3 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,155,000
Deposit, UAE resident (20%)
AED 231,000
Deposit, non-resident (40%)
AED 462,000
Monthly over 25 years at 3.7%
AED 4,725

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