1-bed · 674 sqftGlitz Residence 2, Dubai Studio City · 6th floor · completed 2017

613, Glitz Residence 2

Sold prices and rental history: sold twice, last in October 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 613 · DLD and Ejari recordsUpdated 31 October 2024
Last soldAED 640K31 October 2024
Current rentAED 43K /yr17 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 613, Glitz Residence 2

What is 613 worth today?

Last sold for AED 640,000 in 2024

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31 Oct 2024SoldReady
AED 640,000AED 949 per sqft
17 Jun 2023RentedNew contract
AED 42,500/yr12 months · AED 63 per sqft
17 Jun 2021RentedNew contract
AED 32,000/yr12 months · AED 47 per sqft
1 Jan 2020RentedNew contract
AED 48,000/yr12 months · AED 71 per sqft
16 Aug 2015Sold by developerOff-plan
AED 770,000AED 1,142 per sqft

Source: Dubai Land Department. Updated 31 October 2024.

Key facts

Type
1-bed apartment
Size
674 sqft
Floor
6th of 8
Parking
B-80
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,200 /yr
Last sold
AED 640K · October 2024

About 613, Glitz Residence 2

613 is a one-bedroom apartment of 674 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 31 October 2024 for AED 640,000, or AED 949 per sqft, 3% above the AED 919 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 17 June 2023, is AED 42,500 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 11,200 a year.

Sales and rents for 613 over time

Sales
Unit 613, 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, August 2015: AED 770,000 (AED 1,142 per sqft)Sold, October 2024: AED 640,000 (AED 949 per sqft)

613 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 613, 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, January 2020: AED 48,000 a yearNew contract, June 2021: AED 32,000 a yearNew contract, June 2023: AED 42,500 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 613 sits

All 66 1-beds →

613 last sold in October 2024 at AED 949 per sqft, 3% above what one-beds in Glitz Residence 2 were fetching at the time (AED 919). 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. 613's AED 42,500 is at the bottom 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 6th floor

All 146 units in Glitz Residence 2
Value
6011-bedAED 750K · May 2025
602StudioAED 320K · May 2022
6032-bedAED 1.09M · Jun 2015
6042-bedAED 1.11M · Jun 2015
605StudioAED 535K · Aug 2015
6061-bedAED 680K · Feb 2025
6071-bedAED 820K · Aug 2015
1–7 of 17

613, Glitz Residence 2 in numbers

  • Sold twice: first on 16 August 2015 for AED 770,000, last on 31 October 2024 for AED 640,000 (AED 949 per sqft).
  • Rented since January 2020 on 3 Ejari contracts. The rent fell from AED 48,000 to AED 32,000 in 2021 and recovered to AED 42,500 by June 2023.
  • At AED 42,500 a year the gross yield on the 2024 price is 6.6%, 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 31 October 2024.

Questions about 613, Glitz Residence 2

What did unit 613 last sell for?

AED 640,000 on 31 October 2024: AED 949 per sqft for 674 sqft. The unit has 2 registered sales; the first was AED 770,000 in August 2015.

What is the rent for unit 613?

AED 42,500 a year on the contract signed on 17 June 2023. The previous contract, from June 2021, was AED 32,000; the unit has been rented since January 2020.

How big is unit 613?

674 sqft (62.6 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2017.

What is unit 613 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 613, Glitz Residence 2

Starts from the last sale price (AED 640K, 31 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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