505, Glitz Residence 2
Sold prices and rental history: sold twice, last in June 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Glitz Residence 2
What is 505 worth today?
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Source: Dubai Land Department. Updated 4 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 490 sqft
- Floor
- 5th of 8
- Parking
- B-55
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 8,100 /yr
- Last sold
- AED 535K · June 2017
- Building
- Glitz Residence 2
About 505, Glitz Residence 2
505 is a studio of 490 sqft on the 5th floor of Glitz Residence 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 11 June 2017 for AED 535,000, or AED 1,091 per sqft.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 4 June 2026, is AED 40,800 a year: a gross yield of 7.6% on the 2017 price, before the service charge of about AED 8,100 a year.
Sales and rents for 505 over time
505 has sold twice; 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 505 sits
All 34 studios →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. 505's AED 40,800 is in the lower half 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 | |
| 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 | |
| 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 |
505, Glitz Residence 2 in numbers
- Sold twice: first on 16 August 2015 for AED 535,000, last on 11 June 2017 for AED 535,000 (AED 1,091 per sqft).
- Rented since June 2018 on 9 Ejari contracts. The rent fell from AED 40,000 to AED 30,000 in 2021 and recovered to AED 40,800 by June 2026.
- At AED 40,800 a year the gross yield on the 2017 price is 7.6%, before a service charge of about AED 8,100 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 4 June 2026.
Questions about 505, Glitz Residence 2
What did unit 505 last sell for?
AED 535,000 on 11 June 2017: AED 1,091 per sqft for 490 sqft. The unit has 2 registered sales; the first was AED 535,000 in August 2015.
What is the rent for unit 505?
AED 40,800 a year on the contract renewed on 4 June 2026. The previous contract, from June 2025, was AED 40,800; the unit has been rented since June 2018.
How big is unit 505?
490 sqft (45.5 sqm): a studio on the 5th floor of a 8-storey tower completed in 2017.
What is unit 505 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 505, Glitz Residence 2
Starts from the last sale price (AED 535K, 11 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 535,000
- Deposit, UAE resident (20%)
- AED 107,000
- Deposit, non-resident (40%)
- AED 214,000
- Monthly over 25 years at 3.7%
- AED 2,189
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →