2-bed · 1,200 sqftGlitz Residence 1, Dubai Studio City · 2nd floor · completed 2017

203, Glitz Residence 1

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

Unit 203 · DLD and Ejari recordsUpdated 5 March 2026
Last soldAED 1.07M27 April 2015
Current rentAED 92K /yr5 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Glitz Residence 1

What is 203 worth today?

Last sold for AED 1,065,159 in 2015

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5 Mar 2026RentedRenewal
AED 92,000/yr12 months · AED 77 per sqft
5 Mar 2025RentedNew contract
AED 92,000/yr12 months · AED 77 per sqft
5 Mar 2025RentedNew contract
AED 92,000/yr12 months · AED 77 per sqft
28 Feb 2024RentedNew contract
AED 90,000/yr12 months · AED 75 per sqft
26 Sep 2022RentedRenewal
AED 55,000/yr12 months · AED 46 per sqft
26 Sep 2021RentedNew contract
AED 50,000/yr12 months · AED 42 per sqft
20 Aug 2021RentedNew contract
AED 50,000/yr12 months · AED 42 per sqft
25 Feb 2019RentedRenewal
AED 78,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 5 March 2026.

Key facts

Type
2-bed apartment
Size
1,200 sqft
Floor
2nd of 8
Parking
B-67, B-68
Developer
Danube Properties Development
Completed
2017
Service charge
AED 20,300 /yr
Last sold
AED 1.07M · April 2015

About 203, Glitz Residence 1

203 is a two-bedroom apartment of 1,200 sqft on the 2nd 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 27 April 2015 for AED 1,065,159, or AED 887 per sqft, in line with the AED 911 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 5 March 2026, is AED 92,000 a year: a gross yield of 8.6% on the 2015 price, before the service charge of about AED 20,300 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Glitz Residence 1
900K1M1.1M2015201820212024Typical sale price by year: 2015 AED 1,083,081; 2023 AED 900,000; 2025 AED 1,050,000Sold by developer, April 2015: AED 1,065,159 (AED 887 per sqft)

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

Rents
Unit 203, 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, February 2018: AED 80,000 a yearRenewal, February 2019: AED 78,000 a yearNew contract, August 2021: AED 50,000 a yearNew contract, September 2021: AED 50,000 a yearRenewal, September 2022: AED 55,000 a yearNew contract, February 2024: AED 90,000 a yearNew contract, March 2025: AED 92,000 a yearNew contract, March 2025: AED 92,000 a yearRenewal, March 2026: AED 92,000 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 203 sits

All 32 2-beds →

203 last sold in April 2015 at AED 887 per sqft, in line with what two-beds in Glitz Residence 1 were fetching at the time (AED 911). 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. 203's AED 92,000 is in the upper 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 2nd floor

All 146 units in Glitz Residence 1
Value
2011-bedAED 480K · Aug 2023
202StudioAED 478K · Aug 2015
2042-bedAED 1.08M · Aug 2015
205StudioAED 506K · Aug 2015
2061-bedAED 240K · Jul 2020
2071-bedAED 720K · Jul 2025
2081-bedAED 738K · Aug 2015
1–7 of 17

203, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 27 April 2015 for AED 1,065,159, or AED 887 per sqft.
  • Rented since February 2018 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 50,000 in 2021 and recovered to AED 92,000 by March 2026.
  • At AED 92,000 a year the gross yield on the 2015 price is 8.6%, before a service charge of about AED 20,300 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 5 March 2026.

Questions about 203, Glitz Residence 1

What did unit 203 last sell for?

AED 1,065,159 on 27 April 2015, sold by the developer: AED 887 per sqft for 1,200 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 92,000 a year on the contract renewed on 5 March 2026. The previous contract, from March 2025, was AED 92,000; the unit has been rented since February 2018.

How big is unit 203?

1,200 sqft (111.5 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.

What is unit 203 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 203, Glitz Residence 1

Starts from the last sale price (AED 1.07M, 27 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,065,159
Deposit, UAE resident (20%)
AED 213,032
Deposit, non-resident (40%)
AED 426,064
Monthly over 25 years at 3.7%
AED 4,358

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