502, Glitz Residence 2
Sold prices and rental history: sold once, by the developer in August 2015, and rented once, from March 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Glitz Residence 2
What is 502 worth today?
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Source: Dubai Land Department. Updated 17 March 2022.
Key facts
- Type
- Studio apartment
- Size
- 465 sqft
- Floor
- 5th of 8
- Parking
- B-59
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 7,700 /yr
- Last sold
- AED 505K · August 2015
- Building
- Glitz Residence 2
About 502, Glitz Residence 2
502 is a studio of 465 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 16 August 2015 for AED 505,000, or AED 1,086 per sqft, in line with the AED 1,091 studios in the building were fetching at the time.
One Ejari contract is registered, from 17 March 2022. The current contract, signed on 17 March 2022, is AED 30,000 a year: a gross yield of 5.9% on the 2015 price, before the service charge of about AED 7,700 a year.
Sales and rents for 502 over time
502 has sold once; the dashed line is the studio median of each year in the building.
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 502 sits
All 34 studios →502 last sold in August 2015 at AED 1,086 per sqft, in line with what studios in Glitz Residence 2 were fetching at the time (AED 1,091). 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. 502's AED 30,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jul 202627 July 2026 | 490 sqft | 540,000 | 1,101 | ||
| 10 Jul 202610 July 2026 | 490 sqft | 499,999 | 1,020 | ||
| 17 Jan 202617 January 2026 | 465 sqft | 530,000 | 1,140 | ||
| 19 Apr 202519 April 2025 | 490 sqft | 520,000 | 1,061 |
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 | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 786 sqft | AED 805KAED 805,000 · Aug 2015August 2015 | 50,936 /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 |
502, Glitz Residence 2 in numbers
- Sold once: by Danube Properties Development on 16 August 2015 for AED 505,000, or AED 1,086 per sqft.
- Rented since March 2022 on one Ejari contract, at AED 30,000 a year.
- At AED 30,000 a year the gross yield on the 2015 price is 5.9%, before a service charge of about AED 7,700 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 17 March 2022.
Questions about 502, Glitz Residence 2
What did unit 502 last sell for?
AED 505,000 on 16 August 2015, sold by the developer: AED 1,086 per sqft for 465 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 30,000 a year on the contract signed on 17 March 2022.
How big is unit 502?
465 sqft (43.2 sqm): a studio on the 5th floor of a 8-storey tower completed in 2017.
What is unit 502 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 502, Glitz Residence 2
Starts from the last sale price (AED 505K, 16 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 505,000
- Deposit, UAE resident (20%)
- AED 101,000
- Deposit, non-resident (40%)
- AED 202,000
- Monthly over 25 years at 3.7%
- AED 2,066
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →