511, 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 511, Glitz Residence 2
What is 511 worth today?
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Source: Dubai Land Department. Updated 19 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 675 sqft
- Floor
- 5th of 8
- Parking
- B-56
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 11,200 /yr
- Last sold
- AED 770K · August 2015
- Building
- Glitz Residence 2
About 511, Glitz Residence 2
511 is a one-bedroom apartment of 675 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 770,000, or AED 1,140 per sqft, in line with the AED 1,109 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 19 December 2025, is AED 55,440 a year: a gross yield of 7.2% on the 2015 price, before the service charge of about AED 11,200 a year.
Sales and rents for 511 over time
511 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 511 sits
All 66 1-beds →511 last sold in August 2015 at AED 1,140 per sqft, in line with 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. 511's AED 55,440 is in the lower half 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 | |
| 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 |
511, Glitz Residence 2 in numbers
- Sold once: by Danube Properties Development on 16 August 2015 for AED 770,000, or AED 1,140 per sqft.
- Rented since November 2019 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 35,429 in 2021 and recovered to AED 55,440 by December 2025.
- At AED 55,440 a year the gross yield on the 2015 price is 7.2%, before a service charge of about AED 11,200 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 19 December 2025.
Questions about 511, Glitz Residence 2
What did unit 511 last sell for?
AED 770,000 on 16 August 2015, sold by the developer: AED 1,140 per sqft for 675 sqft. It is the only registered sale of the unit.
What is the rent for unit 511?
AED 55,440 a year on the contract renewed on 19 December 2025. The previous contract, from December 2025, was AED 60,000; the unit has been rented since November 2019.
How big is unit 511?
675 sqft (62.7 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.
What is unit 511 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 511, Glitz Residence 2
Starts from the last sale price (AED 770K, 16 August 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 →