1-bed · 786 sqftGlitz Residence 2, Dubai Studio City · 7th floor · completed 2017

701, Glitz Residence 2

Sold prices and rental history: sold twice, last in September 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 730K1 September 2025
Current rentAED 60K /yr5 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Glitz Residence 2

What is 701 worth today?

Last sold for AED 730,000 in 2025

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1 Sep 2025SoldReady
AED 730,000AED 928 per sqft
5 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
20 Sep 2023RentedNew contract
AED 48,000/yr12 months · AED 61 per sqft
27 Aug 2022RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
1 Sep 2021RentedRenewal
AED 32,000/yr12 months · AED 41 per sqft
1 Sep 2020RentedNew contract
AED 32,000/yr12 months · AED 41 per sqft
25 May 2019RentedRenewal
AED 50,000/yr12 months · AED 64 per sqft
25 May 2018RentedNew contract
AED 50,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
1-bed apartment
Size
786 sqft
Floor
7th of 8
Parking
B-62
Developer
Danube Properties Development
Completed
2017
Service charge
AED 13,000 /yr
Last sold
AED 730K · September 2025

About 701, Glitz Residence 2

701 is a one-bedroom apartment of 786 sqft on the 7th floor of Glitz Residence 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 1 September 2025 for AED 730,000, or AED 928 per sqft, in line with the AED 947 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 5 September 2024, is AED 60,000 a year: a gross yield of 8.2% on the 2025 price, before the service charge of about AED 13,000 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, June 2015: AED 805,000 (AED 1,023 per sqft)Sold, September 2025: AED 730,000 (AED 928 per sqft)

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

Rents
Unit 701, 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, May 2018: AED 50,000 a yearRenewal, May 2019: AED 50,000 a yearNew contract, September 2020: AED 32,000 a yearRenewal, September 2021: AED 32,000 a yearNew contract, August 2022: AED 35,000 a yearNew contract, September 2023: AED 48,000 a yearNew contract, September 2024: AED 60,000 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 701 sits

All 66 1-beds →

701 last sold in September 2025 at AED 928 per sqft, in line with what one-beds in Glitz Residence 2 were fetching at the time (AED 947). 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. 701's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Aug 2026790,000
6 Nov 2025730,000
7 Aug 2025900,000
29 Jul 2025720,000
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 7th floor

All 146 units in Glitz Residence 2
Value
702StudioAED 360K · Apr 2023
7032-bedAED 1.09M · Aug 2015
7042-bedAED 1.11M · Apr 2015
705StudioAED 535K · May 2018
7061-bedAED 770K · Aug 2015
7071-bedAED 820K · Aug 2015
7081-bedAED 450K · Nov 2021
1–7 of 17

701, Glitz Residence 2 in numbers

  • Sold twice: first on 7 June 2015 for AED 805,000, last on 1 September 2025 for AED 730,000 (AED 928 per sqft).
  • Rented since May 2018 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 32,000 in 2021 and recovered to AED 60,000 by September 2024.
  • At AED 60,000 a year the gross yield on the 2025 price is 8.2%, before a service charge of about AED 13,000 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 1 September 2025.

Questions about 701, Glitz Residence 2

What did unit 701 last sell for?

AED 730,000 on 1 September 2025: AED 928 per sqft for 786 sqft. The unit has 2 registered sales; the first was AED 805,000 in June 2015.

What is the rent for unit 701?

AED 60,000 a year on the contract signed on 5 September 2024. The previous contract, from September 2023, was AED 48,000; the unit has been rented since May 2018.

How big is unit 701?

786 sqft (73.0 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 701 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 701, Glitz Residence 2

Starts from the last sale price (AED 730K, 1 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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