1-bed · 739 sqftGlitz Residence 2, Dubai Studio City · 4th floor · completed 2017

407, Glitz Residence 2

Sold prices and rental history: sold once, by the developer in November 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 22 November 2018
Last soldAED 830K22 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Glitz Residence 2

What is 407 worth today?

Last sold for AED 830,000 in 2018

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22 Nov 2018Sold by developerReady
AED 830,000AED 1,122 per sqft

Source: Dubai Land Department. Updated 22 November 2018.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
4th of 8
Parking
B-03
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,200 /yr
Last sold
AED 830K · November 2018

About 407, Glitz Residence 2

407 is a one-bedroom apartment of 739 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 22 November 2018 for AED 830,000, or AED 1,122 per sqft, in line with the AED 1,124 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, 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, November 2018: AED 830,000 (AED 1,122 per sqft)

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

Rents
Unit 407, 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 60,000

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 407 sits

All 66 1-beds →

407 last sold in November 2018 at AED 1,122 per sqft, in line with what one-beds in Glitz Residence 2 were fetching at the time (AED 1,124). 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.

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 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
405StudioAED 500K · Apr 2025
4061-bedAED 675K · Feb 2019
4081-bedAED 675K · Feb 2019
1–7 of 17

407, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 22 November 2018 for AED 830,000, or AED 1,122 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 22 November 2018.

Questions about 407, Glitz Residence 2

What did unit 407 last sell for?

AED 830,000 on 22 November 2018, sold by the developer: AED 1,122 per sqft for 739 sqft. It is the only registered sale of the unit.

How big is unit 407?

739 sqft (68.7 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 407 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 407, Glitz Residence 2

Starts from the last sale price (AED 830K, 22 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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