515, Glitz Residence 2
Sold prices and rental history: sold 4 times, last in October 2023, 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 515, Glitz Residence 2
What is 515 worth today?
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Source: Dubai Land Department. Updated 26 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,197 sqft
- Floor
- 5th of 8
- Parking
- B-87, B-88
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 19,800 /yr
- Last sold
- AED 870K · October 2023
- Building
- Glitz Residence 2
About 515, Glitz Residence 2
515 is a two-bedroom apartment of 1,197 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 18 October 2023 for AED 870,000, or AED 726 per sqft, 23% above the AED 588 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 26 February 2026, is AED 86,000 a year: a gross yield of 9.9% on the 2023 price, before the service charge of about AED 19,800 a year.
Sales and rents for 515 over time
515 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Glitz Residence 2, and where 515 sits
All 32 2-beds →515 last sold in October 2023 at AED 726 per sqft, 23% above what two-beds in Glitz Residence 2 were fetching at the time (AED 588). Over the last 12 months two-beds sold for AED 1,075,000, around AED 914 per sqft, and rent for AED 70,400 to 94,000 a year. 515's AED 86,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Nov 202511 November 2025 | 1,175 sqft | 1,075,000 | 914 | ||
| 20 Jun 202420 June 2024 | 1,361 sqft | 1,025,000 | 753 | ||
| 20 May 202420 May 2024 | 1,200 sqft | 950,000 | 791 | ||
| 16 Jan 202416 January 2024 | 1,200 sqft | 900,000 | 750 |
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 | |
| 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 | |
| 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 |
515, Glitz Residence 2 in numbers
- Sold 4 times: first on 7 June 2015 for AED 1,105,000, last on 18 October 2023 for AED 870,000 (AED 726 per sqft).
- Rented since April 2018 on 8 Ejari contracts. The rent fell from AED 76,000 to AED 65,000 in 2022 and recovered to AED 86,000 by February 2026.
- At AED 86,000 a year the gross yield on the 2023 price is 9.9%, before a service charge of about AED 19,800 a year (AED 16.56 per sqft).
- Two-beds in Glitz Residence 2 sold for AED 1,075,000–1,075,000 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 26 February 2026.
Questions about 515, Glitz Residence 2
What did unit 515 last sell for?
AED 870,000 on 18 October 2023: AED 726 per sqft for 1,197 sqft. The unit has 4 registered sales; the first was AED 1,105,000 in June 2015.
What is the rent for unit 515?
AED 86,000 a year on the contract renewed on 26 February 2026. The previous contract, from February 2025, was AED 86,000; the unit has been rented since April 2018.
How big is unit 515?
1,197 sqft (111.2 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.
What is unit 515 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Glitz Residence 2 sold for AED 1,075,000 to 1,075,000 in the last 12 months, around AED 914 per sqft.
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Mortgage on 515, Glitz Residence 2
Starts from the last sale price (AED 870K, 18 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 870,000
- Deposit, UAE resident (20%)
- AED 174,000
- Deposit, non-resident (40%)
- AED 348,000
- Monthly over 25 years at 3.7%
- AED 3,559
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →