2-bed · 525 sqftGlitz Residence 2, Dubai Studio City · 7th floor · completed 2017

703, Glitz Residence 2

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

Unit 703 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 1.09M16 August 2015
Current rentAED 80K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Glitz Residence 2

What is 703 worth today?

Last sold for AED 1,090,000 in 2015

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1 Jul 2026RentedRenewal
AED 80,000/yr12 months · AED 67 per sqft
1 Jul 2025RentedNew contract
AED 83,000/yr12 months · AED 69 per sqft
1 Jul 2025RentedNew contract
AED 83,000/yr12 months · AED 69 per sqft
1 Feb 2024RentedRenewal
AED 69,000/yr12 months · AED 58 per sqft
1 Feb 2023RentedRenewal
AED 60,000/yr12 months · AED 50 per sqft
1 Feb 2022RentedRenewal
AED 56,000/yr12 months · AED 47 per sqft
1 Feb 2021RentedRenewal
AED 56,000/yr12 months · AED 47 per sqft
1 Feb 2020RentedRenewal
AED 66,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
525 sqft
Floor
7th of 8
Parking
B-128, B-129
Developer
Danube Properties Development
Completed
2017
Service charge
AED 8,700 /yr
Last sold
AED 1.09M · August 2015

About 703, Glitz Residence 2

703 is a two-bedroom apartment of 525 sqft on the 7th 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 16 August 2015 for AED 1,090,000, or AED 908 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 11 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 80,000 a year: a gross yield of 7.3% on the 2015 price, before the service charge of about AED 8,700 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, August 2015: AED 1,090,000 (AED 908 per sqft)

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

Rents
Unit 703, 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 77,000 a yearNew contract, February 2018: AED 76,772 a yearRenewal, February 2019: AED 72,000 a yearRenewal, February 2020: AED 66,000 a yearRenewal, February 2021: AED 56,000 a yearRenewal, February 2022: AED 56,000 a yearRenewal, February 2023: AED 60,000 a yearRenewal, February 2024: AED 69,000 a yearNew contract, July 2025: AED 83,000 a yearNew contract, July 2025: AED 83,000 a yearRenewal, July 2026: AED 80,000 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 703 sits

All 32 2-beds →

703 last sold in August 2015 at AED 908 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. 703's AED 80,000 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 7th floor

All 146 units in Glitz Residence 2
Value
7011-bedAED 730K · Sep 2025
702StudioAED 360K · Apr 2023
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

703, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 16 August 2015 for AED 1,090,000, or AED 908 per sqft.
  • Rented since February 2018 on 11 Ejari contracts. The rent fell from AED 76,772 to AED 56,000 in 2022 and recovered to AED 80,000 by July 2026.
  • At AED 80,000 a year the gross yield on the 2015 price is 7.3%, before a service charge of about AED 8,700 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 1 July 2026.

Questions about 703, Glitz Residence 2

What did unit 703 last sell for?

AED 1,090,000 on 16 August 2015, sold by the developer: AED 908 per sqft for 525 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 80,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 83,000; the unit has been rented since February 2018.

How big is unit 703?

525 sqft (48.8 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 703 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.

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Mortgage on 703, Glitz Residence 2

Starts from the last sale price (AED 1.09M, 16 August 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 →