3-bed · 1,647 sqftGlitz Residence 2, Dubai Studio City · 5th floor · completed 2017

509, Glitz Residence 2

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 27 March 2025
Last soldAED 1.3M27 March 2025
Current rentAED 85K /yr31 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Glitz Residence 2

What is 509 worth today?

Last sold for AED 1,300,000 in 2025

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27 Mar 2025SoldReady
AED 1,300,000AED 789 per sqft
31 Mar 2024RentedRenewal
AED 84,765/yr12 months · AED 51 per sqft
31 Mar 2024RentedRenewal
AED 84,765/yr12 months · AED 51 per sqft
1 Apr 2022RentedRenewal
AED 72,000/yr12 months · AED 44 per sqft
1 Apr 2021RentedRenewal
AED 72,000/yr12 months · AED 44 per sqft
1 Apr 2020RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
26 Mar 2019RentedRenewal
AED 90,000/yr12 months · AED 55 per sqft
1 Sep 2015Sold by developerOff-plan
AED 1,495,000AED 907 per sqft

Source: Dubai Land Department. Updated 27 March 2025.

Key facts

Type
3-bed apartment
Size
1,647 sqft
Floor
5th of 8
Parking
B-117, B-118
Developer
Danube Properties Development
Completed
2017
Service charge
AED 27,300 /yr
Last sold
AED 1.3M · March 2025

About 509, Glitz Residence 2

509 is a three-bedroom apartment of 1,647 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 27 March 2025 for AED 1,300,000, or AED 789 per sqft.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 31 March 2024, is AED 84,765 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 27,300 a year.

Sales and rents for 509 over time

Rents
Unit 509, each contractTypical three-bed in Glitz Residence 2
80K100K2018202120242027Typical rent by year: 2018 AED 97,737; 2019 AED 90,000; 2020 AED 85,000; 2021 AED 71,000; 2022 AED 80,000; 2023 AED 81,000; 2024 AED 85,000; 2025 AED 95,000; 2026 AED 103,750Renewal, March 2019: AED 90,000 a yearNew contract, April 2020: AED 85,000 a yearRenewal, April 2021: AED 72,000 a yearRenewal, April 2022: AED 72,000 a yearRenewal, March 2024: AED 84,765 a yearRenewal, March 2024: AED 84,765 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Glitz Residence 2, and where 509 sits

All 14 3-beds →

Over the last 12 months three-beds sold for AED 1,500,000 to 1,650,000, around AED 956 per sqft, and rent for AED 85,000 to 120,000 a year. 509's AED 84,765 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Sep 20261,650,000
27 Apr 20261,500,000
22 Apr 20241,200,000
1 Jul 2021850,000
2 3-bed sales 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
5061-bedAED 770K · Jun 2015
5071-bedAED 820K · Sep 2015
1–7 of 17

509, Glitz Residence 2 in numbers

  • Sold twice: first on 1 September 2015 for AED 1,495,000, last on 27 March 2025 for AED 1,300,000 (AED 789 per sqft).
  • Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 72,000 in 2022 and recovered to AED 84,765 by March 2024.
  • At AED 84,765 a year the gross yield on the 2025 price is 6.5%, before a service charge of about AED 27,300 a year (AED 16.56 per sqft).
  • Three-beds in Glitz Residence 2 sold for AED 1,500,000–1,650,000 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 27 March 2025.

Questions about 509, Glitz Residence 2

What did unit 509 last sell for?

AED 1,300,000 on 27 March 2025: AED 789 per sqft for 1,647 sqft. The unit has 2 registered sales; the first was AED 1,495,000 in September 2015.

What is the rent for unit 509?

AED 84,765 a year on the contract renewed on 31 March 2024. The previous contract, from March 2024, was AED 84,765; the unit has been rented since March 2019.

How big is unit 509?

1,647 sqft (153.0 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Glitz Residence 2 sold for AED 1,500,000 to 1,650,000 in the last 12 months, around AED 956 per sqft.

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Mortgage on 509, Glitz Residence 2

Starts from the last sale price (AED 1.3M, 27 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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