1-bed · 674 sqftGlitz Residence 2, Dubai Studio City · 5th floor · completed 2017

513, Glitz Residence 2

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 28 December 2025
Last soldAED 570K21 February 2024
Current rentAED 62K /yr28 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, Glitz Residence 2

What is 513 worth today?

Last sold for AED 570,000 in 2024

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28 Dec 2025RentedNew contract
AED 62,000/yr12 months · AED 91 per sqft
21 Apr 2025RentedRenewal
AED 60,000/yr12 months · AED 90 per sqft
21 Apr 2025RentedRenewal
AED 60,000/yr12 months · AED 90 per sqft
20 Apr 2024RentedNew contract
AED 59,834/yr12 months · AED 90 per sqft
21 Feb 2024SoldReady
AED 570,000AED 845 per sqft
10 Oct 2023RentedRenewal
AED 42,900/yr12 months · AED 64 per sqft
10 Oct 2022RentedNew contract
AED 39,000/yr12 months · AED 58 per sqft
22 Mar 2021RentedRenewal
AED 36,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 28 December 2025.

Key facts

Type
1-bed apartment
Size
674 sqft
Floor
5th of 8
Parking
B-10
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,200 /yr
Last sold
AED 570K · February 2024

About 513, Glitz Residence 2

513 is a one-bedroom apartment of 674 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 21 February 2024 for AED 570,000, or AED 845 per sqft, in line with the AED 826 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 28 December 2025, is AED 62,000 a year: a gross yield of 10.9% on the 2024 price, before the service charge of about AED 11,200 a year.

Sales and rents for 513 over time

Sales
Unit 513, 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, April 2015: AED 770,000 (AED 1,142 per sqft)Sold, March 2020: AED 475,000 (AED 704 per sqft)Sold, February 2024: AED 570,000 (AED 845 per sqft)

513 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 513, 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 60,000New contract, March 2018: AED 53,000 a yearNew contract, March 2020: AED 44,000 a yearRenewal, March 2021: AED 36,000 a yearNew contract, October 2022: AED 39,000 a yearRenewal, October 2023: AED 42,900 a yearNew contract, April 2024: AED 59,834 a yearRenewal, April 2025: AED 60,000 a yearRenewal, April 2025: AED 60,000 a yearNew contract, December 2025: AED 62,000 a year

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 513 sits

All 66 1-beds →

513 last sold in February 2024 at AED 845 per sqft, in line with what one-beds in Glitz Residence 2 were fetching at the time (AED 826). 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. 513's AED 62,000 is in the upper half of that range.

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
5061-bedAED 770K · Jun 2015
5071-bedAED 820K · Sep 2015
1–7 of 17

513, Glitz Residence 2 in numbers

  • Sold 3 times: first on 27 April 2015 for AED 770,000, last on 21 February 2024 for AED 570,000 (AED 845 per sqft).
  • Rented since March 2018 on 9 Ejari contracts. The rent fell from AED 53,000 to AED 36,000 in 2021 and recovered to AED 62,000 by December 2025.
  • At AED 62,000 a year the gross yield on the 2024 price is 10.9%, 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 28 December 2025.

Questions about 513, Glitz Residence 2

What did unit 513 last sell for?

AED 570,000 on 21 February 2024: AED 845 per sqft for 674 sqft. The unit has 3 registered sales; the first was AED 770,000 in April 2015.

What is the rent for unit 513?

AED 62,000 a year on the contract signed on 28 December 2025. The previous contract, from April 2025, was AED 60,000; the unit has been rented since March 2018.

How big is unit 513?

674 sqft (62.6 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 513 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 513, Glitz Residence 2

Starts from the last sale price (AED 570K, 21 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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