501, Glitz Residence 2
Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Glitz Residence 2
What is 501 worth today?
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Source: Dubai Land Department. Updated 24 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 786 sqft
- Floor
- 5th of 8
- Parking
- B-58
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 13,000 /yr
- Last sold
- AED 805K · August 2015
- Building
- Glitz Residence 2
About 501, Glitz Residence 2
501 is a one-bedroom apartment of 786 sqft on the 5th 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 18 August 2015 for AED 805,000, or AED 1,023 per sqft, 8% below the AED 1,109 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 24 April 2026, is AED 50,936 a year: a gross yield of 6.3% on the 2015 price, before the service charge of about AED 13,000 a year.
Sales and rents for 501 over time
501 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 501 sits
All 66 1-beds →501 last sold in August 2015 at AED 1,023 per sqft, 8% below what one-beds in Glitz Residence 2 were fetching at the time (AED 1,109). 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. 501's AED 50,936 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 5th floor
All 146 units in Glitz Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | Studio | 465 sqft | AED 505KAED 505,000 · Aug 2015August 2015 | 30,000 /yr | |
| 503 | 2-bed | 1,200 sqft | AED 1.09MAED 1,090,000 · Aug 2015August 2015 | 73,135 /yr | |
| 504 | 2-bed | 1,196 sqft | AED 710KAED 710,000 · Jun 2021June 2021 | 50,000 /yr | |
| 505 | Studio | 490 sqft | AED 535KAED 535,000 · Jun 2017June 2017 | 40,800 /yr | |
| 506 | 1-bed | 672 sqft | AED 770KAED 770,000 · Jun 2015June 2015 | ||
| 507 | 1-bed | 739 sqft | AED 820KAED 820,000 · Sep 2015September 2015 | 55,000 /yr | |
| 508 | 1-bed | 674 sqft | AED 770KAED 770,000 · Aug 2015August 2015 | 57,000 /yr | |
| 509 | 3-bed | 1,647 sqft | AED 1.3MAED 1,300,000 · Mar 2025March 2025 | 84,765 /yr | |
| 510 | 3-bed | 1,647 sqft | AED 1.2MAED 1,200,000 · Apr 2024April 2024 | 86,000 /yr | |
| 511 | 1-bed | 675 sqft | AED 770KAED 770,000 · Aug 2015August 2015 | 60,000 /yr | |
| 512 | 1-bed | 739 sqft | AED 820KAED 820,000 · Sep 2015September 2015 | 62,000 /yr | |
| 513 | 1-bed | 674 sqft | AED 570KAED 570,000 · Feb 2024February 2024 | 62,000 /yr | |
| 514 | Studio | 490 sqft | AED 310KAED 310,000 · Jun 2022June 2022 | 39,930 /yr | |
| 515 | 2-bed | 1,197 sqft | AED 870KAED 870,000 · Oct 2023October 2023 | 86,000 /yr | |
| 516 | 2-bed | 1,175 sqft | AED 1.09MAED 1,090,000 · Aug 2015August 2015 | 82,000 /yr | |
| 517 | Studio | 451 sqft | AED 499KAED 499,000 · Aug 2018August 2018 | 46,500 /yr | |
| 518 | 1-bed | 762 sqft | AED 615KAED 615,000 · Feb 2024February 2024 | 66,000 /yr |
501, Glitz Residence 2 in numbers
- Sold once: by Danube Properties Development on 18 August 2015 for AED 805,000, or AED 1,023 per sqft.
- Rented since March 2019 on 9 Ejari contracts. The rent fell from AED 50,000 to AED 35,000 in 2021 and recovered to AED 50,936 by April 2026.
- At AED 50,936 a year the gross yield on the 2015 price is 6.3%, before a service charge of about AED 13,000 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 24 April 2026.
Questions about 501, Glitz Residence 2
What did unit 501 last sell for?
AED 805,000 on 18 August 2015, sold by the developer: AED 1,023 per sqft for 786 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 50,936 a year on the contract renewed on 24 April 2026. The previous contract, from April 2025, was AED 48,510; the unit has been rented since March 2019.
How big is unit 501?
786 sqft (73.0 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.
What is unit 501 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 501, Glitz Residence 2
Starts from the last sale price (AED 805K, 18 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 805,000
- Deposit, UAE resident (20%)
- AED 161,000
- Deposit, non-resident (40%)
- AED 322,000
- Monthly over 25 years at 3.7%
- AED 3,294
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →