1-bed · 672 sqftGlitz Residence 2, Dubai Studio City · 5th floor · completed 2017

506, Glitz Residence 2

Sold prices and rental history: sold once, by the developer in June 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 7 June 2015
Last soldAED 770K7 June 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Glitz Residence 2

What is 506 worth today?

Last sold for AED 770,000 in 2015

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7 Jun 2015Sold by developerOff-plan
AED 770,000AED 1,145 per sqft

Source: Dubai Land Department. Updated 7 June 2015.

Key facts

Type
1-bed apartment
Size
672 sqft
Floor
5th of 8
Parking
B-60
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,100 /yr
Last sold
AED 770K · June 2015

About 506, Glitz Residence 2

506 is a one-bedroom apartment of 672 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 7 June 2015 for AED 770,000, or AED 1,145 per sqft, 3% above the AED 1,109 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, 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, June 2015: AED 770,000 (AED 1,145 per sqft)

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

Rents
Unit 506, 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 506 sits

All 66 1-beds →

506 last sold in June 2015 at AED 1,145 per sqft, 3% above 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.

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 5th floor

All 146 units in Glitz Residence 2
Value
5011-bedAED 805K · Aug 2015
502StudioAED 505K · Aug 2015
5032-bedAED 1.09M · Aug 2015
5042-bedAED 710K · Jun 2021
505StudioAED 535K · Jun 2017
5071-bedAED 820K · Sep 2015
5081-bedAED 770K · Aug 2015
1–7 of 17

506, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 7 June 2015 for AED 770,000, or AED 1,145 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 7 June 2015.

Questions about 506, Glitz Residence 2

What did unit 506 last sell for?

AED 770,000 on 7 June 2015, sold by the developer: AED 1,145 per sqft for 672 sqft. It is the only registered sale of the unit.

How big is unit 506?

672 sqft (62.4 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 506 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 506, Glitz Residence 2

Starts from the last sale price (AED 770K, 7 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 770,000
Deposit, UAE resident (20%)
AED 154,000
Deposit, non-resident (40%)
AED 308,000
Monthly over 25 years at 3.7%
AED 3,150

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