1-bed · 675 sqftGlitz Residence 2, Dubai Studio City · 7th floor · completed 2017

711, Glitz Residence 2

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 19 January 2025
Last soldAED 620K27 September 2023
Current rentAED 48K /yr19 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Glitz Residence 2

What is 711 worth today?

Last sold for AED 620,000 in 2023

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19 Jan 2025RentedNew contract
AED 48,000/yr12 months · AED 71 per sqft
27 Sep 2023SoldReady
AED 620,000AED 918 per sqft
20 Jan 2023RentedNew contract
AED 48,000/yr12 months · AED 71 per sqft
1 Jul 2019RentedNew contract
AED 42,000/yr12 months · AED 62 per sqft
22 Apr 2018RentedNew contract
AED 50,000/yr12 months · AED 74 per sqft
26 Jul 2015Sold by developerOff-plan
AED 770,000AED 1,140 per sqft

Source: Dubai Land Department. Updated 19 January 2025.

Key facts

Type
1-bed apartment
Size
675 sqft
Floor
7th of 8
Parking
B-105
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,200 /yr
Last sold
AED 620K · September 2023

About 711, Glitz Residence 2

711 is a one-bedroom apartment of 675 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 27 September 2023 for AED 620,000, or AED 918 per sqft, 38% above the AED 663 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 19 January 2025, is AED 48,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 11,200 a year.

Sales and rents for 711 over time

Sales
Unit 711, 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, July 2015: AED 770,000 (AED 1,140 per sqft)Sold, September 2023: AED 620,000 (AED 918 per sqft)

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

Rents
Unit 711, 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, April 2018: AED 50,000 a yearNew contract, July 2019: AED 42,000 a yearNew contract, January 2023: AED 48,000 a yearNew contract, January 2025: AED 48,000 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 711 sits

All 66 1-beds →

711 last sold in September 2023 at AED 918 per sqft, 38% above what one-beds in Glitz Residence 2 were fetching at the time (AED 663). 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. 711's AED 48,000 is at the bottom 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

711, Glitz Residence 2 in numbers

  • Sold twice: first on 26 July 2015 for AED 770,000, last on 27 September 2023 for AED 620,000 (AED 918 per sqft).
  • Rented since April 2018 on 4 Ejari contracts. The rent fell from AED 50,000 to AED 42,000 in 2019 and recovered to AED 48,000 by January 2025.
  • At AED 48,000 a year the gross yield on the 2023 price is 7.7%, 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 19 January 2025.

Questions about 711, Glitz Residence 2

What did unit 711 last sell for?

AED 620,000 on 27 September 2023: AED 918 per sqft for 675 sqft. The unit has 2 registered sales; the first was AED 770,000 in July 2015.

What is the rent for unit 711?

AED 48,000 a year on the contract signed on 19 January 2025. The previous contract, from January 2023, was AED 48,000; the unit has been rented since April 2018.

How big is unit 711?

675 sqft (62.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 711 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 711, Glitz Residence 2

Starts from the last sale price (AED 620K, 27 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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