602, Glitz Residence 2
Sold prices and rental history: sold twice, last in May 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Glitz Residence 2
What is 602 worth today?
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Source: Dubai Land Department. Updated 24 May 2022.
Key facts
- Type
- Studio apartment
- Size
- 465 sqft
- Floor
- 6th of 8
- Parking
- B-26
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 7,700 /yr
- Last sold
- AED 320K · May 2022
- Building
- Glitz Residence 2
About 602, Glitz Residence 2
602 is a studio of 465 sqft on the 6th floor of Glitz Residence 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 24 May 2022 for AED 320,000, or AED 688 per sqft.
It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 20 February 2021, is AED 25,000 a year: a gross yield of 7.8% on the 2022 price, before the service charge of about AED 7,700 a year.
Sales and rents for 602 over time
602 has sold twice; the dashed line is the studio median of each year in the building.
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 602 sits
All 34 studios →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. 602's AED 25,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jul 202627 July 2026 | 490 sqft | 540,000 | 1,101 | ||
| 10 Jul 202610 July 2026 | 490 sqft | 499,999 | 1,020 | ||
| 17 Jan 202617 January 2026 | 465 sqft | 530,000 | 1,140 | ||
| 19 Apr 202519 April 2025 | 490 sqft | 520,000 | 1,061 |
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 6th floor
All 146 units in Glitz Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 786 sqft | AED 750KAED 750,000 · May 2025May 2025 | 44,000 /yr | |
| 603 | 2-bed | 1,200 sqft | AED 1.09MAED 1,090,000 · Jun 2015June 2015 | 62,000 /yr | |
| 604 | 2-bed | 1,196 sqft | AED 1.11MAED 1,105,000 · Jun 2015June 2015 | 70,400 /yr | |
| 605 | Studio | 490 sqft | AED 535KAED 535,000 · Aug 2015August 2015 | 43,878 /yr | |
| 606 | 1-bed | 672 sqft | AED 680KAED 680,000 · Feb 2025February 2025 | 56,595 /yr | |
| 607 | 1-bed | 739 sqft | AED 820KAED 820,000 · Aug 2015August 2015 | 60,000 /yr | |
| 608 | 1-bed | 674 sqft | AED 760KAED 760,000 · Dec 2017December 2017 | 45,000 /yr | |
| 609 | 3-bed | 1,647 sqft | AED 1.5MAED 1,500,000 · Apr 2026April 2026 | 97,500 /yr | |
| 610 | 3-bed | 1,647 sqft | AED 1.5MAED 1,495,000 · Aug 2015August 2015 | 114,000 /yr | |
| 611 | 1-bed | 675 sqft | AED 770KAED 770,000 · Apr 2015April 2015 | ||
| 612 | 1-bed | 739 sqft | AED 820KAED 820,000 · Jun 2015June 2015 | 57,000 /yr | |
| 613 | 1-bed | 674 sqft | AED 640KAED 640,000 · Oct 2024October 2024 | 42,500 /yr | |
| 614 | Studio | 490 sqft | AED 511KAED 511,000 · Dec 2024December 2024 | 43,000 /yr | |
| 615 | 2-bed | 1,197 sqft | AED 1.11MAED 1,105,000 · Aug 2015August 2015 | 94,000 /yr | |
| 616 | 2-bed | 1,175 sqft | AED 1.09MAED 1,090,000 · Jun 2015June 2015 | 76,000 /yr | |
| 617 | Studio | 451 sqft | AED 505KAED 505,000 · Jun 2015June 2015 | 40,000 /yr | |
| 618 | 1-bed | 762 sqft | AED 805KAED 805,000 · Apr 2015April 2015 |
602, Glitz Residence 2 in numbers
- Sold twice: first on 25 February 2015 for AED 505,000, last on 24 May 2022 for AED 320,000 (AED 688 per sqft).
- Rented since January 2018 on 3 Ejari contracts, from AED 40,000 to AED 25,000 a year.
- At AED 25,000 a year the gross yield on the 2022 price is 7.8%, before a service charge of about AED 7,700 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 24 May 2022.
Questions about 602, Glitz Residence 2
What did unit 602 last sell for?
AED 320,000 on 24 May 2022: AED 688 per sqft for 465 sqft. The unit has 2 registered sales; the first was AED 505,000 in February 2015.
What is the rent for unit 602?
AED 25,000 a year on the contract renewed on 20 February 2021. The previous contract, from February 2020, was AED 33,000; the unit has been rented since January 2018.
How big is unit 602?
465 sqft (43.2 sqm): a studio on the 6th floor of a 8-storey tower completed in 2017.
What is unit 602 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 602, Glitz Residence 2
Starts from the last sale price (AED 320K, 24 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 320,000
- Deposit, UAE resident (20%)
- AED 64,000
- Deposit, non-resident (40%)
- AED 128,000
- Monthly over 25 years at 3.7%
- AED 1,309
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →