1-bed · 762 sqftGlitz Residence 2, Dubai Studio City · 7th floor · completed 2017

718, Glitz Residence 2

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 718 · DLD and Ejari recordsUpdated 8 August 2026
Last soldAED 805K7 June 2015
Current rentAED 60K /yr8 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 718, Glitz Residence 2

What is 718 worth today?

Last sold for AED 805,000 in 2015

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8 Aug 2026RentedRenewal
AED 60,000/yr12 months · AED 79 per sqft
8 Aug 2025RentedRenewal
AED 64,000/yr12 months · AED 84 per sqft
8 Aug 2024RentedRenewal
AED 64,000/yr12 months · AED 84 per sqft
8 Aug 2023RentedNew contract
AED 59,000/yr12 months · AED 77 per sqft
17 Mar 2023RentedNew contract
AED 48,000/yr12 months · AED 63 per sqft
7 Jun 2015Sold by developerOff-plan
AED 805,000AED 1,056 per sqft

Source: Dubai Land Department. Updated 8 August 2026.

Key facts

Type
1-bed apartment
Size
762 sqft
Floor
7th of 8
Parking
B-82
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,600 /yr
Last sold
AED 805K · June 2015

About 718, Glitz Residence 2

718 is a one-bedroom apartment of 762 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 7 June 2015 for AED 805,000, or AED 1,056 per sqft, 5% below the AED 1,109 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 8 August 2026, is AED 60,000 a year: a gross yield of 7.4% on the 2015 price, before the service charge of about AED 12,600 a year.

Sales and rents for 718 over time

Sales
Unit 718, 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, June 2015: AED 805,000 (AED 1,056 per sqft)

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

Rents
Unit 718, 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, March 2023: AED 48,000 a yearNew contract, August 2023: AED 59,000 a yearRenewal, August 2024: AED 64,000 a yearRenewal, August 2025: AED 64,000 a yearRenewal, August 2026: AED 60,000 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 718 sits

All 66 1-beds →

718 last sold in June 2015 at AED 1,056 per sqft, 5% below 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. 718's AED 60,000 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

718, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 7 June 2015 for AED 805,000, or AED 1,056 per sqft.
  • Rented since March 2023 on 5 Ejari contracts, from AED 48,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 7.4%, before a service charge of about AED 12,600 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 8 August 2026.

Questions about 718, Glitz Residence 2

What did unit 718 last sell for?

AED 805,000 on 7 June 2015, sold by the developer: AED 1,056 per sqft for 762 sqft. It is the only registered sale of the unit.

What is the rent for unit 718?

AED 60,000 a year on the contract renewed on 8 August 2026. The previous contract, from August 2025, was AED 64,000; the unit has been rented since March 2023.

How big is unit 718?

762 sqft (70.8 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 718 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 718, Glitz Residence 2

Starts from the last sale price (AED 805K, 7 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 805,000
Deposit, UAE resident (20%)
AED 161,000
Deposit, non-resident (40%)
AED 322,000
Monthly over 25 years at 3.7%
AED 3,294

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