406, Glitz Residence 2
Sold prices and rental history: sold once, by the developer in February 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Glitz Residence 2
What is 406 worth today?
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Source: Dubai Land Department. Updated 31 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 672 sqft
- Floor
- 4th of 8
- Parking
- B-02
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 11,100 /yr
- Last sold
- AED 675K · February 2019
- Building
- Glitz Residence 2
About 406, Glitz Residence 2
406 is a one-bedroom apartment of 672 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 17 February 2019 for AED 675,000, or AED 1,004 per sqft, in line with the AED 1,001 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 31 August 2023, is AED 50,000 a year: a gross yield of 7.4% on the 2019 price, before the service charge of about AED 11,100 a year.
Sales and rents for 406 over time
406 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 406 sits
All 66 1-beds →406 last sold in February 2019 at AED 1,004 per sqft, in line with what one-beds in Glitz Residence 2 were fetching at the time (AED 1,001). 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. 406's AED 50,000 is at the bottom 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 4th floor
All 146 units in Glitz Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 786 sqft | AED 480KAED 480,000 · Dec 2022December 2022 | 55,000 /yr | |
| 402 | Studio | 465 sqft | AED 500KAED 500,000 · Feb 2019February 2019 | 44,000 /yr | |
| 403 | 2-bed | 1,200 sqft | AED 950KAED 950,000 · May 2024May 2024 | ||
| 404 | 2-bed | 1,196 sqft | AED 1.16MAED 1,155,000 · Apr 2018April 2018 | 50,000 /yr | |
| 405 | Studio | 490 sqft | AED 500KAED 500,000 · Apr 2025April 2025 | 45,000 /yr | |
| 407 | 1-bed | 739 sqft | AED 830KAED 830,000 · Nov 2018November 2018 | ||
| 408 | 1-bed | 674 sqft | AED 675KAED 675,000 · Feb 2019February 2019 | 25,000 /yr | |
| 409 | 3-bed | 1,647 sqft | AED 1.27MAED 1,270,000 · Feb 2019February 2019 | 120,000 /yr | |
| 410 | 3-bed | 1,647 sqft | AED 1.03MAED 1,030,000 · Sep 2020September 2020 | ||
| 411 | 1-bed | 675 sqft | AED 730KAED 730,000 · Nov 2025November 2025 | 58,000 /yr | |
| 412 | 1-bed | 739 sqft | AED 470KAED 470,000 · Dec 2021December 2021 | ||
| 413 | 1-bed | 674 sqft | AED 675KAED 675,000 · Feb 2019February 2019 | 37,000 /yr | |
| 414 | Studio | 490 sqft | AED 595KAED 594,750 · Mar 2018March 2018 | 45,000 /yr | |
| 415 | 2-bed | 1,197 sqft | AED 1.13MAED 1,126,125 · Apr 2018April 2018 | 71,400 /yr | |
| 416 | 2-bed | 1,175 sqft | AED 1.08MAED 1,075,000 · Nov 2025November 2025 | 81,762 /yr | |
| 417 | Studio | 451 sqft | AED 557KAED 556,800 · Nov 2018November 2018 | 45,000 /yr | |
| 418 | 1-bed | 762 sqft | AED 720KAED 720,000 · Jan 2025January 2025 | 44,000 /yr |
406, Glitz Residence 2 in numbers
- Sold once: by Danube Properties Development on 17 February 2019 for AED 675,000, or AED 1,004 per sqft.
- Rented since August 2022 on 2 Ejari contracts, from AED 38,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2019 price is 7.4%, before a service charge of about AED 11,100 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 31 August 2023.
Questions about 406, Glitz Residence 2
What did unit 406 last sell for?
AED 675,000 on 17 February 2019, sold by the developer: AED 1,004 per sqft for 672 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 50,000 a year on the contract signed on 31 August 2023. The previous contract, from August 2022, was AED 38,000.
How big is unit 406?
672 sqft (62.4 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.
What is unit 406 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 406, Glitz Residence 2
Starts from the last sale price (AED 675K, 17 February 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 675,000
- Deposit, UAE resident (20%)
- AED 135,000
- Deposit, non-resident (40%)
- AED 270,000
- Monthly over 25 years at 3.7%
- AED 2,762
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →