Studio · 490 sqftGlitz Residence 2, Dubai Studio City · 4th floor · completed 2017

405, Glitz Residence 2

Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 26 May 2025
Last soldAED 500K16 April 2025
Current rentAED 45K /yr26 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Glitz Residence 2

What is 405 worth today?

Last sold for AED 500,000 in 2025

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26 May 2025RentedNew contract
AED 45,000/yr12 months · AED 91 per sqft
16 Apr 2025SoldReady
AED 500,000AED 1,020 per sqft
6 Dec 2023RentedRenewal
AED 34,000/yr12 months · AED 69 per sqft
6 Dec 2022RentedNew contract
AED 34,000/yr12 months · AED 69 per sqft
5 Dec 2021RentedNew contract
AED 28,000/yr12 months · AED 57 per sqft
30 Nov 2020RentedNew contract
AED 28,000/yr12 months · AED 57 per sqft
27 Aug 2019RentedNew contract
AED 40,000/yr12 months · AED 81 per sqft
10 Apr 2018Sold by developerReady
AED 594,750AED 1,213 per sqft

Source: Dubai Land Department. Updated 26 May 2025.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
4th of 8
Parking
G-51
Developer
Danube Properties Development
Completed
2017
Service charge
AED 8,100 /yr
Last sold
AED 500K · April 2025

About 405, Glitz Residence 2

405 is a studio of 490 sqft on the 4th floor of Glitz Residence 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 16 April 2025 for AED 500,000, or AED 1,020 per sqft, in line with the AED 1,030 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 26 May 2025, is AED 45,000 a year: a gross yield of 9.0% on the 2025 price, before the service charge of about AED 8,100 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical studio in Glitz Residence 2
500K550K600K20152018202120242027Typical sale price by year: 2015 AED 520,000; 2018 AED 535,000; 2024 AED 495,500; 2025 AED 500,000; 2026 AED 530,000Sold by developer, April 2018: AED 594,750 (AED 1,213 per sqft)Sold, April 2025: AED 500,000 (AED 1,020 per sqft)

405 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 405, each contractTypical studio in Glitz Residence 2
30K40K2018202120242027Typical rent by year: 2018 AED 40,000; 2019 AED 36,000; 2020 AED 28,250; 2021 AED 26,000; 2022 AED 28,875; 2023 AED 35,000; 2024 AED 42,000; 2025 AED 43,878; 2026 AED 41,750New contract, August 2019: AED 40,000 a yearNew contract, November 2020: AED 28,000 a yearNew contract, December 2021: AED 28,000 a yearNew contract, December 2022: AED 34,000 a yearRenewal, December 2023: AED 34,000 a yearNew contract, May 2025: AED 45,000 a year

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

Studios in Glitz Residence 2, and where 405 sits

All 34 studios →

405 last sold in April 2025 at AED 1,020 per sqft, in line with what studios in Glitz Residence 2 were fetching at the time (AED 1,030). Over the last 12 months studios sold for AED 499,999 to 540,000, around AED 1,101 per sqft, and rent for AED 32,000 to 54,000 a year. 405's AED 45,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Jul 2026540,000
10 Jul 2026499,999
17 Jan 2026530,000
19 Apr 2025520,000
3 studio sales 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
4042-bedAED 1.16M · Apr 2018
4061-bedAED 675K · Feb 2019
4071-bedAED 830K · Nov 2018
4081-bedAED 675K · Feb 2019
1–7 of 17

405, Glitz Residence 2 in numbers

  • Sold twice: first on 10 April 2018 for AED 594,750, last on 16 April 2025 for AED 500,000 (AED 1,020 per sqft).
  • Rented since August 2019 on 6 Ejari contracts. The rent fell from AED 40,000 to AED 28,000 in 2021 and recovered to AED 45,000 by May 2025.
  • At AED 45,000 a year the gross yield on the 2025 price is 9.0%, before a service charge of about AED 8,100 a year (AED 16.56 per sqft).
  • Studios in Glitz Residence 2 sold for AED 499,999–540,000 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 26 May 2025.

Questions about 405, Glitz Residence 2

What did unit 405 last sell for?

AED 500,000 on 16 April 2025: AED 1,020 per sqft for 490 sqft. The unit has 2 registered sales; the first was AED 594,750 in April 2018.

What is the rent for unit 405?

AED 45,000 a year on the contract signed on 26 May 2025. The previous contract, from December 2023, was AED 34,000; the unit has been rented since August 2019.

How big is unit 405?

490 sqft (45.5 sqm): a studio on the 4th floor of a 8-storey tower completed in 2017.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glitz Residence 2 sold for AED 499,999 to 540,000 in the last 12 months, around AED 1,101 per sqft.

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Mortgage on 405, Glitz Residence 2

Starts from the last sale price (AED 500K, 16 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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