1-bed · 674 sqftGlitz Residence 2, Dubai Studio City · 7th floor · completed 2017

708, Glitz Residence 2

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 29 October 2026
Last soldAED 450K28 November 2021
Current rentAED 52K /yr29 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Glitz Residence 2

What is 708 worth today?

Last sold for AED 450,000 in 2021

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29 Oct 2026RentedNew contract
AED 52,000/yr12 months · AED 77 per sqft
9 Feb 2025RentedNew contract
AED 60,000/yr12 months · AED 89 per sqft
19 Dec 2023RentedRenewal
AED 44,000/yr12 months · AED 65 per sqft
19 Dec 2022RentedRenewal
AED 40,000/yr12 months · AED 59 per sqft
19 Dec 2021RentedNew contract
AED 36,000/yr12 months · AED 53 per sqft
28 Nov 2021SoldReady
AED 450,000AED 667 per sqft
1 Dec 2020RentedNew contract
AED 33,000/yr12 months · AED 49 per sqft
1 Mar 2020RentedRenewal
AED 42,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 29 October 2026.

Key facts

Type
1-bed apartment
Size
674 sqft
Floor
7th of 8
Parking
B-28
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,200 /yr
Last sold
AED 450K · November 2021

About 708, Glitz Residence 2

708 is a one-bedroom apartment of 674 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 28 November 2021 for AED 450,000, or AED 667 per sqft, 5% above the AED 637 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 29 October 2026, is AED 52,000 a year: a gross yield of 11.6% on the 2021 price, before the service charge of about AED 11,200 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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 770,000 (AED 1,141 per sqft)Sold, November 2021: AED 450,000 (AED 667 per sqft)

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

Rents
Unit 708, 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 60,000Renewal, April 2019: AED 45,818 a yearRenewal, March 2020: AED 42,000 a yearNew contract, December 2020: AED 33,000 a yearNew contract, December 2021: AED 36,000 a yearRenewal, December 2022: AED 40,000 a yearRenewal, December 2023: AED 44,000 a yearNew contract, February 2025: AED 60,000 a yearNew contract, October 2026: AED 52,000 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 708 sits

All 66 1-beds →

708 last sold in November 2021 at AED 667 per sqft, 5% above what one-beds in Glitz Residence 2 were fetching at the time (AED 637). 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. 708's AED 52,000 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
7071-bedAED 820K · Aug 2015
1–7 of 17

708, Glitz Residence 2 in numbers

  • Sold twice: first on 18 August 2015 for AED 770,000, last on 28 November 2021 for AED 450,000 (AED 667 per sqft).
  • Rented since April 2019 on 8 Ejari contracts. The rent fell from AED 45,818 to AED 33,000 in 2020 and recovered to AED 52,000 by October 2026.
  • At AED 52,000 a year the gross yield on the 2021 price is 11.6%, before a service charge of about AED 11,200 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 29 October 2026.

Questions about 708, Glitz Residence 2

What did unit 708 last sell for?

AED 450,000 on 28 November 2021: AED 667 per sqft for 674 sqft. The unit has 2 registered sales; the first was AED 770,000 in August 2015.

What is the rent for unit 708?

AED 52,000 a year on the contract signed on 29 October 2026. The previous contract, from February 2025, was AED 60,000; the unit has been rented since April 2019.

How big is unit 708?

674 sqft (62.6 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 708 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 708, Glitz Residence 2

Starts from the last sale price (AED 450K, 28 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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