2-bed · 1,175 sqftGlitz Residence 2, Dubai Studio City · 6th floor · completed 2017

616, Glitz Residence 2

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 25 May 2026
Last soldAED 1.09M7 June 2015
Current rentAED 76K /yr25 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Glitz Residence 2

What is 616 worth today?

Last sold for AED 1,090,000 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 May 2026RentedNew contract
AED 76,000/yr12 months · AED 65 per sqft
15 Jul 2023RentedRenewal
AED 64,000/yr12 months · AED 54 per sqft
15 Jul 2022RentedNew contract
AED 58,000/yr12 months · AED 49 per sqft
1 May 2021RentedNew contract
AED 51,000/yr12 months · AED 43 per sqft
15 Mar 2020RentedNew contract
AED 60,000/yr12 months · AED 51 per sqft
1 Feb 2018RentedNew contract
AED 80,000/yr12 months · AED 68 per sqft
7 Jun 2015Sold by developerOff-plan
AED 1,090,000AED 927 per sqft

Source: Dubai Land Department. Updated 25 May 2026.

Key facts

Type
2-bed apartment
Size
1,175 sqft
Floor
6th of 8
Parking
B-114, B-152
Developer
Danube Properties Development
Completed
2017
Service charge
AED 19,500 /yr
Last sold
AED 1.09M · June 2015

About 616, Glitz Residence 2

616 is a two-bedroom apartment of 1,175 sqft on the 6th floor of Glitz Residence 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 7 June 2015 for AED 1,090,000, or AED 927 per sqft, in line with the AED 924 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 25 May 2026, is AED 76,000 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 19,500 a year.

Sales and rents for 616 over time

Sales
Unit 616, each saleTypical two-bed in Glitz Residence 2
800K1M2015201820212024Typical sale price by year: 2015 AED 1,105,000; 2018 AED 1,118,813; 2023 AED 830,000; 2024 AED 950,000Sold by developer, June 2015: AED 1,090,000 (AED 927 per sqft)

616 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 616, each contractTypical two-bed in Glitz Residence 2
60K80K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 72,000; 2020 AED 57,000; 2021 AED 54,000; 2022 AED 58,000; 2023 AED 65,000; 2024 AED 75,600; 2025 AED 80,881; 2026 AED 82,000New contract, February 2018: AED 80,000 a yearNew contract, March 2020: AED 60,000 a yearNew contract, May 2021: AED 51,000 a yearNew contract, July 2022: AED 58,000 a yearRenewal, July 2023: AED 64,000 a yearNew contract, May 2026: AED 76,000 a year

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 616 sits

All 32 2-beds →

616 last sold in June 2015 at AED 927 per sqft, in line with what two-beds in Glitz Residence 2 were fetching at the time (AED 924). 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. 616's AED 76,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Nov 20251,075,000
20 Jun 20241,025,000
20 May 2024950,000
16 Jan 2024900,000
1 2-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

616, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 7 June 2015 for AED 1,090,000, or AED 927 per sqft.
  • Rented since February 2018 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 51,000 in 2021 and recovered to AED 76,000 by May 2026.
  • At AED 76,000 a year the gross yield on the 2015 price is 7.0%, before a service charge of about AED 19,500 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 25 May 2026.

Questions about 616, Glitz Residence 2

What did unit 616 last sell for?

AED 1,090,000 on 7 June 2015, sold by the developer: AED 927 per sqft for 1,175 sqft. It is the only registered sale of the unit.

What is the rent for unit 616?

AED 76,000 a year on the contract signed on 25 May 2026. The previous contract, from July 2023, was AED 64,000; the unit has been rented since February 2018.

How big is unit 616?

1,175 sqft (109.2 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2017.

What is unit 616 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.

Selling 616? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 616, Glitz Residence 2

Starts from the last sale price (AED 1.09M, 7 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,090,000
Deposit, UAE resident (20%)
AED 218,000
Deposit, non-resident (40%)
AED 436,000
Monthly over 25 years at 3.7%
AED 4,460

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