Studio · 451 sqftGlitz Residence 2, Dubai Studio City · 5th floor · completed 2017

517, Glitz Residence 2

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

Unit 517 · DLD and Ejari recordsUpdated 20 February 2026
Last soldAED 499K9 August 2018
Current rentAED 47K /yr20 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 517, Glitz Residence 2

What is 517 worth today?

Last sold for AED 499,000 in 2018

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20 Feb 2026RentedRenewal
AED 46,500/yr12 months · AED 103 per sqft
20 Feb 2025RentedNew contract
AED 42,900/yr12 months · AED 95 per sqft
20 Feb 2025RentedNew contract
AED 42,900/yr12 months · AED 95 per sqft
20 Feb 2022RentedNew contract
AED 30,000/yr12 months · AED 66 per sqft
1 Sep 2019RentedRenewal
AED 39,000/yr12 months · AED 86 per sqft
1 Sep 2018RentedNew contract
AED 43,000/yr12 months · AED 95 per sqft
9 Aug 2018SoldReady
AED 499,000AED 1,105 per sqft
18 Aug 2015Sold by developerOff-plan
AED 505,000AED 1,119 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type
Studio apartment
Size
451 sqft
Floor
5th of 8
Parking
B-52
Developer
Danube Properties Development
Completed
2017
Service charge
AED 7,500 /yr
Last sold
AED 499K · August 2018

About 517, Glitz Residence 2

517 is a studio of 451 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 9 August 2018 for AED 499,000, or AED 1,105 per sqft, in line with the AED 1,098 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 20 February 2026, is AED 46,500 a year: a gross yield of 9.3% on the 2018 price, before the service charge of about AED 7,500 a year.

Sales and rents for 517 over time

Sales
Unit 517, each saleTypical studio in Glitz Residence 2
500K520K540K20152018202120242027Typical sale price by year: 2015 AED 520,000; 2018 AED 535,000; 2024 AED 495,500; 2025 AED 500,000; 2026 AED 530,000Sold by developer, August 2015: AED 505,000 (AED 1,119 per sqft)Sold, August 2018: AED 499,000 (AED 1,105 per sqft)

517 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 517, each contractTypical studio in Glitz Residence 2
30K40K50K2018202120242027Typical rent by year: 2018 AED 40,000; 2019 AED 36,000; 2020 AED 28,250; 2021 AED 26,000; 2022 AED 28,875; 2023 AED 35,000; 2024 AED 42,000; 2025 AED 43,878; 2026 AED 41,750New contract, September 2018: AED 43,000 a yearRenewal, September 2019: AED 39,000 a yearNew contract, February 2022: AED 30,000 a yearNew contract, February 2025: AED 42,900 a yearNew contract, February 2025: AED 42,900 a yearRenewal, February 2026: AED 46,500 a year

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

Studios in Glitz Residence 2, and where 517 sits

All 34 studios →

517 last sold in August 2018 at AED 1,105 per sqft, in line with what studios in Glitz Residence 2 were fetching at the time (AED 1,098). Over the last 12 months studios sold for AED 499,999 to 540,000, around AED 1,101 per sqft, and rent for AED 32,000 to 54,000 a year. 517's AED 46,500 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Jul 2026540,000
10 Jul 2026499,999
17 Jan 2026530,000
19 Apr 2025520,000
3 studio 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

517, Glitz Residence 2 in numbers

  • Sold twice: first on 18 August 2015 for AED 505,000, last on 9 August 2018 for AED 499,000 (AED 1,105 per sqft).
  • Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 43,000 to AED 30,000 in 2022 and recovered to AED 46,500 by February 2026.
  • At AED 46,500 a year the gross yield on the 2018 price is 9.3%, before a service charge of about AED 7,500 a year (AED 16.56 per sqft).
  • Studios in Glitz Residence 2 sold for AED 499,999–540,000 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 20 February 2026.

Questions about 517, Glitz Residence 2

What did unit 517 last sell for?

AED 499,000 on 9 August 2018: AED 1,105 per sqft for 451 sqft. The unit has 2 registered sales; the first was AED 505,000 in August 2015.

What is the rent for unit 517?

AED 46,500 a year on the contract renewed on 20 February 2026. The previous contract, from February 2025, was AED 42,900; the unit has been rented since September 2018.

How big is unit 517?

451 sqft (41.9 sqm): a studio on the 5th floor of a 8-storey tower completed in 2017.

What is unit 517 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glitz Residence 2 sold for AED 499,999 to 540,000 in the last 12 months, around AED 1,101 per sqft.

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Mortgage on 517, Glitz Residence 2

Starts from the last sale price (AED 499K, 9 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 499,000
Deposit, UAE resident (20%)
AED 99,800
Deposit, non-resident (40%)
AED 199,600
Monthly over 25 years at 3.7%
AED 2,042

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