702, Glitz Residence 2
Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Glitz Residence 2
What is 702 worth today?
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Source: Dubai Land Department. Updated 21 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 465 sqft
- Floor
- 7th of 8
- Parking
- B-51
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 7,700 /yr
- Last sold
- AED 360K · April 2023
- Building
- Glitz Residence 2
About 702, Glitz Residence 2
702 is a studio of 465 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 18 April 2023 for AED 360,000, or AED 774 per sqft, 13% above the AED 688 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 11 Ejari contracts. The current contract, renewed on 21 May 2026, is AED 41,500 a year: a gross yield of 11.5% on the 2023 price, before the service charge of about AED 7,700 a year.
Sales and rents for 702 over time
702 has sold 3 times; 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 702 sits
All 34 studios →702 last sold in April 2023 at AED 774 per sqft, 13% above what studios in Glitz Residence 2 were fetching at the time (AED 688). 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. 702's AED 41,500 is in the lower half 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 7th floor
All 146 units in Glitz Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 786 sqft | AED 730KAED 730,000 · Sep 2025September 2025 | 60,000 /yr | |
| 703 | 2-bed | 525 sqft | AED 1.09MAED 1,090,000 · Aug 2015August 2015 | 80,000 /yr | |
| 704 | 2-bed | 1,196 sqft | AED 1.11MAED 1,105,000 · Apr 2015April 2015 | 86,000 /yr | |
| 705 | Studio | 490 sqft | AED 535KAED 535,000 · May 2018May 2018 | 39,900 /yr | |
| 706 | 1-bed | 672 sqft | AED 770KAED 770,000 · Aug 2015August 2015 | 60,000 /yr | |
| 707 | 1-bed | 739 sqft | AED 820KAED 820,000 · Aug 2015August 2015 | 58,000 /yr | |
| 708 | 1-bed | 674 sqft | AED 450KAED 450,000 · Nov 2021November 2021 | 52,000 /yr | |
| 709 | 3-bed | 1,647 sqft | AED 1.65MAED 1,650,000 · Sep 2026September 2026 | 80,000 /yr | |
| 710 | 3-bed | 1,647 sqft | AED 1.5MAED 1,495,000 · Jun 2015June 2015 | 110,000 /yr | |
| 711 | 1-bed | 675 sqft | AED 620KAED 620,000 · Sep 2023September 2023 | 48,000 /yr | |
| 712 | 1-bed | 739 sqft | AED 812KAED 812,000 · Aug 2015August 2015 | 61,000 /yr | |
| 713 | 1-bed | 674 sqft | AED 620KAED 620,000 · Nov 2023November 2023 | 58,000 /yr | |
| 714 | Studio | 490 sqft | AED 500KAED 499,999 · Jul 2026July 2026 | 45,000 /yr | |
| 715 | 2-bed | 1,197 sqft | AED 1.1MAED 1,100,000 · Jun 2015June 2015 | 80,000 /yr | |
| 716 | 2-bed | 1,175 sqft | AED 1.09MAED 1,090,000 · May 2015May 2015 | 86,500 /yr | |
| 717 | Studio | 451 sqft | AED 480KAED 480,000 · Feb 2018February 2018 | 40,000 /yr | |
| 718 | 1-bed | 762 sqft | AED 805KAED 805,000 · Jun 2015June 2015 | 60,000 /yr |
702, Glitz Residence 2 in numbers
- Sold 3 times: first on 7 June 2015 for AED 505,000, last on 18 April 2023 for AED 360,000 (AED 774 per sqft).
- Rented since January 2018 on 11 Ejari contracts. The rent fell from AED 42,000 to AED 19,051 in 2023 and recovered to AED 41,500 by May 2026.
- At AED 41,500 a year the gross yield on the 2023 price is 11.5%, 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 21 May 2026.
Questions about 702, Glitz Residence 2
What did unit 702 last sell for?
AED 360,000 on 18 April 2023: AED 774 per sqft for 465 sqft. The unit has 3 registered sales; the first was AED 505,000 in June 2015.
What is the rent for unit 702?
AED 41,500 a year on the contract renewed on 21 May 2026. The previous contract, from May 2025, was AED 41,500; the unit has been rented since January 2018.
How big is unit 702?
465 sqft (43.2 sqm): a studio on the 7th floor of a 8-storey tower completed in 2017.
What is unit 702 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 702, Glitz Residence 2
Starts from the last sale price (AED 360K, 18 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 360,000
- Deposit, UAE resident (20%)
- AED 72,000
- Deposit, non-resident (40%)
- AED 144,000
- Monthly over 25 years at 3.7%
- AED 1,473
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →