2-bed · 1,361 sqftGlitz Residence 1, Dubai Studio City · 1st floor · completed 2017

103, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 19 November 2025
Last soldAED 1.21M29 October 2015
Current rentAED 80K /yr19 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Glitz Residence 1

What is 103 worth today?

Last sold for AED 1,208,143 in 2015

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19 Nov 2025RentedRenewal
AED 80,000/yr12 months · AED 59 per sqft
19 Nov 2024RentedRenewal
AED 80,000/yr12 months · AED 59 per sqft
19 Nov 2023RentedNew contract
AED 80,000/yr12 months · AED 59 per sqft
2 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 44 per sqft
2 Sep 2021RentedNew contract
AED 53,000/yr12 months · AED 39 per sqft
15 Aug 2020RentedNew contract
AED 50,000/yr12 months · AED 37 per sqft
26 Jul 2018RentedNew contract
AED 75,000/yr12 months · AED 55 per sqft
29 Oct 2015Sold by developerOff-plan
AED 1,208,143AED 898 per sqft

Source: Dubai Land Department. Updated 19 November 2025.

Key facts

Type
2-bed apartment
Size
1,361 sqft
Floor
1st of 8
Parking
B-53, B-50
Developer
Danube Properties Development
Completed
2017
Service charge
AED 23,100 /yr
Last sold
AED 1.21M · October 2015

About 103, Glitz Residence 1

103 is a two-bedroom apartment of 1,361 sqft on the 1st floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 29 October 2015 for AED 1,208,143, or AED 898 per sqft, in line with the AED 908 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 19 November 2025, is AED 80,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 23,100 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Glitz Residence 1
1M1.2M2015201820212024Typical sale price by year: 2015 AED 1,083,081; 2023 AED 900,000; 2025 AED 1,050,000Sold by developer, October 2015: AED 1,208,143 (AED 898 per sqft)

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

Rents
Unit 103, each contractTypical two-bed in Glitz Residence 1
60K80K2017202020232026Typical rent by year: 2017 AED 80,000; 2018 AED 80,000; 2019 AED 73,000; 2020 AED 55,000; 2021 AED 52,500; 2022 AED 59,700; 2023 AED 68,125; 2024 AED 75,825; 2025 AED 80,000; 2026 AED 80,000New contract, July 2018: AED 75,000 a yearNew contract, August 2020: AED 50,000 a yearNew contract, September 2021: AED 53,000 a yearNew contract, October 2022: AED 60,000 a yearNew contract, November 2023: AED 80,000 a yearRenewal, November 2024: AED 80,000 a yearRenewal, November 2025: AED 80,000 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 1, and where 103 sits

All 32 2-beds →

103 last sold in October 2015 at AED 898 per sqft, in line with what two-beds in Glitz Residence 1 were fetching at the time (AED 908). Over the last 12 months two-beds sold for AED 1,070,000, around AED 910 per sqft, and rent for AED 69,300 to 113,000 a year. 103's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Sep 20261,070,000
8 May 20251,100,000
21 Apr 20251,050,000
15 Apr 20251,050,000
1 2-bed sale in the last 12 months

Glitz Residence 1

Building

146 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 11 sold in the last 12 months.

Typical price per sqft
AED 990 Up 4.3%
Typical sale
AED 505K
Typical rent
AED 60K /yr
Typical yield
8.2%
Glitz Residence 1, Dubai Studio City: prices, sales and rents →

Other units on the 1st floor

All 146 units in Glitz Residence 1
Value
1011-bedAED 730K · Mar 2025
102StudioAED 469K · Aug 2015
1042-bedAED 1M · Aug 2024
105StudioAED 490K · Oct 2023
1061-bedAED 735K · Sep 2025
1071-bedAED 851K · Apr 2015
1081-bedAED 735K · Sep 2025
1–7 of 19

103, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 29 October 2015 for AED 1,208,143, or AED 898 per sqft.
  • Rented since July 2018 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2020 and recovered to AED 80,000 by November 2025.
  • At AED 80,000 a year the gross yield on the 2015 price is 6.6%, before a service charge of about AED 23,100 a year (AED 16.96 per sqft).
  • Two-beds in Glitz Residence 1 sold for AED 1,070,000–1,070,000 in the 12 months to November 2026; the building's median across all types is AED 990 per sqft.

Source: Dubai Land Department. Updated 19 November 2025.

Questions about 103, Glitz Residence 1

What did unit 103 last sell for?

AED 1,208,143 on 29 October 2015, sold by the developer: AED 898 per sqft for 1,361 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 80,000 a year on the contract renewed on 19 November 2025. The previous contract, from November 2024, was AED 80,000; the unit has been rented since July 2018.

How big is unit 103?

1,361 sqft (126.4 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 103 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 1 sold for AED 1,070,000 to 1,070,000 in the last 12 months, around AED 910 per sqft.

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Mortgage on 103, Glitz Residence 1

Starts from the last sale price (AED 1.21M, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,208,143
Deposit, UAE resident (20%)
AED 241,629
Deposit, non-resident (40%)
AED 483,257
Monthly over 25 years at 3.7%
AED 4,943

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