Studio · 490 sqftGlitz Residence 2, Dubai Studio City · 7th floor · completed 2017

705, Glitz Residence 2

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

Unit 705 · DLD and Ejari recordsUpdated 20 March 2026
Last soldAED 535K6 May 2018
Current rentAED 40K /yr20 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Glitz Residence 2

What is 705 worth today?

Last sold for AED 535,000 in 2018

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20 Mar 2026RentedNew contract
AED 39,900/yr12 months · AED 81 per sqft
20 Mar 2023RentedNew contract
AED 38,000/yr12 months · AED 77 per sqft
15 Nov 2021RentedRenewal
AED 28,500/yr12 months · AED 58 per sqft
15 Nov 2020RentedRenewal
AED 28,500/yr12 months · AED 58 per sqft
15 Nov 2019RentedNew contract
AED 36,000/yr12 months · AED 73 per sqft
25 Jul 2018RentedNew contract
AED 45,000/yr12 months · AED 91 per sqft
6 May 2018SoldReady
AED 535,000AED 1,091 per sqft
1 Sep 2015Sold by developerOff-plan
AED 535,000AED 1,091 per sqft

Source: Dubai Land Department. Updated 20 March 2026.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
7th of 8
Parking
B-40
Developer
Danube Properties Development
Completed
2017
Service charge
AED 8,100 /yr
Last sold
AED 535K · May 2018

About 705, Glitz Residence 2

705 is a studio of 490 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 6 May 2018 for AED 535,000, or AED 1,091 per sqft, in line with the AED 1,091 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 20 March 2026, is AED 39,900 a year: a gross yield of 7.5% on the 2018 price, before the service charge of about AED 8,100 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical studio in Glitz Residence 2
500K520K540K20152018202120242027Typical sale price by year: 2015 AED 520,000; 2018 AED 535,000; 2024 AED 495,500; 2025 AED 500,000; 2026 AED 530,000Sold by developer, September 2015: AED 535,000 (AED 1,091 per sqft)Sold, May 2018: AED 535,000 (AED 1,091 per sqft)

705 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 705, each contractTypical studio in Glitz Residence 2
30K40K2018202120242027Typical rent by year: 2018 AED 40,000; 2019 AED 36,000; 2020 AED 28,250; 2021 AED 26,000; 2022 AED 28,875; 2023 AED 35,000; 2024 AED 42,000; 2025 AED 43,878; 2026 AED 41,750New contract, July 2018: AED 45,000 a yearNew contract, November 2019: AED 36,000 a yearRenewal, November 2020: AED 28,500 a yearRenewal, November 2021: AED 28,500 a yearNew contract, March 2023: AED 38,000 a yearNew contract, March 2026: AED 39,900 a year

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 705 sits

All 34 studios →

705 last sold in May 2018 at AED 1,091 per sqft, in line with what studios in Glitz Residence 2 were fetching at the time (AED 1,091). 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. 705's AED 39,900 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Jul 2026540,000
10 Jul 2026499,999
17 Jan 2026530,000
19 Apr 2025520,000
3 studio sales 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
7032-bedAED 1.09M · Aug 2015
7042-bedAED 1.11M · Apr 2015
7061-bedAED 770K · Aug 2015
7071-bedAED 820K · Aug 2015
7081-bedAED 450K · Nov 2021
1–7 of 17

705, Glitz Residence 2 in numbers

  • Sold twice: first on 1 September 2015 for AED 535,000, last on 6 May 2018 for AED 535,000 (AED 1,091 per sqft).
  • Rented since July 2018 on 6 Ejari contracts. The rent fell from AED 45,000 to AED 28,500 in 2021 and recovered to AED 39,900 by March 2026.
  • At AED 39,900 a year the gross yield on the 2018 price is 7.5%, before a service charge of about AED 8,100 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 20 March 2026.

Questions about 705, Glitz Residence 2

What did unit 705 last sell for?

AED 535,000 on 6 May 2018: AED 1,091 per sqft for 490 sqft. The unit has 2 registered sales; the first was AED 535,000 in September 2015.

What is the rent for unit 705?

AED 39,900 a year on the contract signed on 20 March 2026. The previous contract, from March 2023, was AED 38,000; the unit has been rented since July 2018.

How big is unit 705?

490 sqft (45.5 sqm): a studio on the 7th floor of a 8-storey tower completed in 2017.

What is unit 705 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 705, Glitz Residence 2

Starts from the last sale price (AED 535K, 6 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 535,000
Deposit, UAE resident (20%)
AED 107,000
Deposit, non-resident (40%)
AED 214,000
Monthly over 25 years at 3.7%
AED 2,189

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