2-bed · 1,196 sqftGlitz Residence 2, Dubai Studio City · 8th floor · completed 2017

804, Glitz Residence 2

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 20 October 2022
Last soldAED 361K20 October 2022
Current rentAED 50K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Glitz Residence 2

What is 804 worth today?

Last sold for AED 361,250 in 2022

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20 Oct 2022SoldReady
AED 361,250AED 302 per sqft
1 Jul 2021RentedRenewal
AED 50,000/yr12 months · AED 42 per sqft
1 Jul 2020RentedNew contract
AED 50,000/yr12 months · AED 42 per sqft
10 Feb 2020RentedRenewal
AED 64,000/yr12 months · AED 54 per sqft
10 Feb 2019RentedRenewal
AED 72,000/yr12 months · AED 60 per sqft
10 Feb 2018RentedNew contract
AED 72,000/yr12 months · AED 60 per sqft
18 Aug 2015Sold by developerOff-plan
AED 1,105,000AED 924 per sqft

Source: Dubai Land Department. Updated 20 October 2022.

Key facts

Type
2-bed apartment
Size
1,196 sqft
Floor
8th of 8
Parking
B-89, B-90
Developer
Danube Properties Development
Completed
2017
Service charge
AED 19,800 /yr
Last sold
AED 361K · October 2022

About 804, Glitz Residence 2

804 is a two-bedroom apartment of 1,196 sqft on the 8th floor of Glitz Residence 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 20 October 2022 for AED 361,250, or AED 302 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 July 2021, is AED 50,000 a year: a gross yield of 13.8% on the 2022 price, before the service charge of about AED 19,800 a year.

Sales and rents for 804 over time

Sales
Unit 804, each saleTypical two-bed in Glitz Residence 2
500K1M2015201820212024Typical sale price by year: 2015 AED 1,105,000; 2018 AED 1,118,813; 2023 AED 830,000; 2024 AED 950,000Sold by developer, August 2015: AED 1,105,000 (AED 924 per sqft)Sold, October 2022: AED 361,250 (AED 302 per sqft)

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

Rents
Unit 804, each contractTypical two-bed in Glitz Residence 2
60K80K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 72,000; 2020 AED 57,000; 2021 AED 54,000; 2022 AED 58,000; 2023 AED 65,000; 2024 AED 75,600; 2025 AED 80,881; 2026 AED 82,000New contract, February 2018: AED 72,000 a yearRenewal, February 2019: AED 72,000 a yearRenewal, February 2020: AED 64,000 a yearNew contract, July 2020: AED 50,000 a yearRenewal, July 2021: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Glitz Residence 2, and where 804 sits

All 32 2-beds →

Over the last 12 months two-beds sold for AED 1,075,000, around AED 914 per sqft, and rent for AED 70,400 to 94,000 a year. 804's AED 50,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Nov 20251,075,000
20 Jun 20241,025,000
20 May 2024950,000
16 Jan 2024900,000
1 2-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 8th floor

All 146 units in Glitz Residence 2
Value
8011-bedAED 403K · Oct 2016
802StudioAED 505K · Aug 2015
8032-bedAED 1.09M · Feb 2015
805StudioAED 290K · Sep 2020
8061-bedAED 790K · Aug 2026
8071-bedAED 820K · Jun 2015
8081-bedAED 770K · Sep 2015
1–7 of 17

804, Glitz Residence 2 in numbers

  • Sold twice: first on 18 August 2015 for AED 1,105,000, last on 20 October 2022 for AED 361,250 (AED 302 per sqft).
  • Rented since February 2018 on 5 Ejari contracts, from AED 72,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 13.8%, before a service charge of about AED 19,800 a year (AED 16.56 per sqft).
  • Two-beds in Glitz Residence 2 sold for AED 1,075,000–1,075,000 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 October 2022.

Questions about 804, Glitz Residence 2

What did unit 804 last sell for?

AED 361,250 on 20 October 2022: AED 302 per sqft for 1,196 sqft. The unit has 2 registered sales; the first was AED 1,105,000 in August 2015.

What is the rent for unit 804?

AED 50,000 a year on the contract renewed on 1 July 2021. The previous contract, from July 2020, was AED 50,000; the unit has been rented since February 2018.

How big is unit 804?

1,196 sqft (111.1 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2017.

What is unit 804 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Glitz Residence 2 sold for AED 1,075,000 to 1,075,000 in the last 12 months, around AED 914 per sqft.

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Mortgage on 804, Glitz Residence 2

Starts from the last sale price (AED 361K, 20 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 361,250
Deposit, UAE resident (20%)
AED 72,250
Deposit, non-resident (40%)
AED 144,500
Monthly over 25 years at 3.7%
AED 1,478

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