1-bed · 739 sqftGlitz Residence 2, Dubai Studio City · 7th floor · completed 2017

707, 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 707 · DLD and Ejari recordsUpdated 16 May 2026
Last soldAED 820K18 August 2015
Current rentAED 58K /yr16 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Glitz Residence 2

What is 707 worth today?

Last sold for AED 820,000 in 2015

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16 May 2026RentedRenewal
AED 58,000/yr12 months · AED 78 per sqft
16 May 2024RentedNew contract
AED 58,000/yr12 months · AED 78 per sqft
15 Jun 2020RentedNew contract
AED 40,000/yr12 months · AED 54 per sqft
11 Feb 2018RentedNew contract
AED 58,000/yr12 months · AED 78 per sqft
18 Aug 2015Sold by developerOff-plan
AED 820,000AED 1,109 per sqft

Source: Dubai Land Department. Updated 16 May 2026.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
7th of 8
Parking
B-137
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,200 /yr
Last sold
AED 820K · August 2015

About 707, Glitz Residence 2

707 is a one-bedroom apartment of 739 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 18 August 2015 for AED 820,000, or AED 1,109 per sqft, in line with the AED 1,109 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 16 May 2026, is AED 58,000 a year: a gross yield of 7.1% on the 2015 price, before the service charge of about AED 12,200 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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, August 2015: AED 820,000 (AED 1,109 per sqft)

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

Rents
Unit 707, 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, February 2018: AED 58,000 a yearNew contract, June 2020: AED 40,000 a yearNew contract, May 2024: AED 58,000 a yearRenewal, May 2026: AED 58,000 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 707 sits

All 66 1-beds →

707 last sold in August 2015 at AED 1,109 per sqft, in line with what one-beds in Glitz Residence 2 were fetching at the time (AED 1,109). 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. 707's AED 58,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Aug 2026790,000
6 Nov 2025730,000
1 Sep 2025730,000
7 Aug 2025900,000
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
7011-bedAED 730K · Sep 2025
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
7081-bedAED 450K · Nov 2021
1–7 of 17

707, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 18 August 2015 for AED 820,000, or AED 1,109 per sqft.
  • Rented since February 2018 on 4 Ejari contracts. The rent fell from AED 58,000 to AED 40,000 in 2020 and recovered to AED 58,000 by May 2026.
  • At AED 58,000 a year the gross yield on the 2015 price is 7.1%, before a service charge of about AED 12,200 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 16 May 2026.

Questions about 707, Glitz Residence 2

What did unit 707 last sell for?

AED 820,000 on 18 August 2015, sold by the developer: AED 1,109 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 58,000 a year on the contract renewed on 16 May 2026. The previous contract, from May 2024, was AED 58,000; the unit has been rented since February 2018.

How big is unit 707?

739 sqft (68.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 707 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 707, Glitz Residence 2

Starts from the last sale price (AED 820K, 18 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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