1-bed · 674 sqftGlitz Residence 2, Dubai Studio City · 4th floor · completed 2017

413, Glitz Residence 2

Sold prices and rental history: sold once, by the developer in February 2019, and rented once, from July 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 413 · DLD and Ejari recordsUpdated 25 July 2022
Last soldAED 675K17 February 2019
Current rentAED 37K /yr25 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 413, Glitz Residence 2

What is 413 worth today?

Last sold for AED 675,000 in 2019

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25 Jul 2022RentedNew contract
AED 37,000/yr12 months · AED 55 per sqft
17 Feb 2019Sold by developerReady
AED 675,000AED 1,001 per sqft

Source: Dubai Land Department. Updated 25 July 2022.

Key facts

Type
1-bed apartment
Size
674 sqft
Floor
4th of 8
Parking
B-47
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,200 /yr
Last sold
AED 675K · February 2019

About 413, Glitz Residence 2

413 is a one-bedroom apartment of 674 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 1,001 per sqft, in line with the AED 1,001 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 July 2022. The current contract, signed on 25 July 2022, is AED 37,000 a year: a gross yield of 5.5% on the 2019 price, before the service charge of about AED 11,200 a year.

Sales and rents for 413 over time

Sales
Unit 413, 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, February 2019: AED 675,000 (AED 1,001 per sqft)

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

Rents
Unit 413, 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 60,000New contract, July 2022: AED 37,000 a year

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 413 sits

All 66 1-beds →

413 last sold in February 2019 at AED 1,001 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. 413's AED 37,000 is at the bottom of that range.

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
4071-bedAED 830K · Nov 2018
1–7 of 17

413, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 17 February 2019 for AED 675,000, or AED 1,001 per sqft.
  • Rented since July 2022 on one Ejari contract, at AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2019 price is 5.5%, before a service charge of about AED 11,200 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 25 July 2022.

Questions about 413, Glitz Residence 2

What did unit 413 last sell for?

AED 675,000 on 17 February 2019, sold by the developer: AED 1,001 per sqft for 674 sqft. It is the only registered sale of the unit.

What is the rent for unit 413?

AED 37,000 a year on the contract signed on 25 July 2022.

How big is unit 413?

674 sqft (62.6 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 413 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 413, 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 →