Studio · 490 sqftGlitz Residence 1, Dubai Studio City · 2nd floor · completed 2017

205, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 15 April 2026
Last soldAED 506K10 August 2015
Current rentAED 39K /yr15 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Glitz Residence 1

What is 205 worth today?

Last sold for AED 505,853 in 2015

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15 Apr 2026RentedRenewal
AED 38,588/yr12 months · AED 80 per sqft
15 Apr 2025RentedRenewal
AED 36,750/yr12 months · AED 76 per sqft
15 Apr 2024RentedRenewal
AED 36,750/yr12 months · AED 76 per sqft
15 Apr 2023RentedNew contract
AED 35,000/yr12 months · AED 71 per sqft
17 Mar 2022RentedNew contract
AED 31,000/yr12 months · AED 63 per sqft
19 Aug 2021RentedNew contract
AED 26,000/yr12 months · AED 53 per sqft
15 Apr 2021RentedNew contract
AED 26,000/yr12 months · AED 53 per sqft
17 Dec 2017RentedNew contract
AED 43,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 15 April 2026.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
2nd of 8
Parking
G-40
Developer
Danube Properties Development
Completed
2017
Service charge
AED 8,300 /yr
Last sold
AED 506K · August 2015

About 205, Glitz Residence 1

205 is a studio of 490 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 10 August 2015 for AED 505,853, or AED 1,031 per sqft, in line with the AED 1,041 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 15 April 2026, is AED 38,588 a year: a gross yield of 7.6% on the 2015 price, before the service charge of about AED 8,300 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical studio in Glitz Residence 1
400K500K20152018202120242027Typical sale price by year: 2015 AED 492,302; 2023 AED 370,000; 2025 AED 485,000; 2026 AED 490,000Sold by developer, August 2015: AED 505,853 (AED 1,031 per sqft)

205 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 205, each contractTypical studio in Glitz Residence 1
30K40K2017202020232026Typical rent by year: 2017 AED 45,000; 2018 AED 42,000; 2019 AED 36,000; 2020 AED 28,000; 2021 AED 26,000; 2022 AED 30,000; 2023 AED 32,500; 2024 AED 36,750; 2025 AED 43,250; 2026 AED 43,250New contract, December 2017: AED 43,000 a yearNew contract, April 2021: AED 26,000 a yearNew contract, August 2021: AED 26,000 a yearNew contract, March 2022: AED 31,000 a yearNew contract, April 2023: AED 35,000 a yearRenewal, April 2024: AED 36,750 a yearRenewal, April 2025: AED 36,750 a yearRenewal, April 2026: AED 38,588 a year

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

Studios in Glitz Residence 1, and where 205 sits

All 34 studios →

205 last sold in August 2015 at AED 1,031 per sqft, in line with what studios in Glitz Residence 1 were fetching at the time (AED 1,041). Over the last 12 months studios sold for AED 440,000 to 505,000, around AED 983 per sqft, and rent for AED 36,660 to 50,000 a year. 205's AED 38,588 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026505,000
21 Sep 2026485,000
9 Jul 2026490,000
15 May 2026495,000
6 studio sales 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
2032-bedAED 1.07M · Apr 2015
2042-bedAED 1.08M · Aug 2015
2061-bedAED 240K · Jul 2020
2071-bedAED 720K · Jul 2025
2081-bedAED 738K · Aug 2015
1–7 of 17

205, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 10 August 2015 for AED 505,853, or AED 1,031 per sqft.
  • Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 43,000 to AED 26,000 in 2021 and recovered to AED 38,588 by April 2026.
  • At AED 38,588 a year the gross yield on the 2015 price is 7.6%, before a service charge of about AED 8,300 a year (AED 16.96 per sqft).
  • Studios in Glitz Residence 1 sold for AED 440,000–505,000 in the 12 months to November 2026; the building's median across all types is AED 990 per sqft.

Source: Dubai Land Department. Updated 15 April 2026.

Questions about 205, Glitz Residence 1

What did unit 205 last sell for?

AED 505,853 on 10 August 2015, sold by the developer: AED 1,031 per sqft for 490 sqft. It is the only registered sale of the unit.

What is the rent for unit 205?

AED 38,588 a year on the contract renewed on 15 April 2026. The previous contract, from April 2025, was AED 36,750; the unit has been rented since December 2017.

How big is unit 205?

490 sqft (45.5 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2017.

What is unit 205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glitz Residence 1 sold for AED 440,000 to 505,000 in the last 12 months, around AED 983 per sqft.

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Mortgage on 205, Glitz Residence 1

Starts from the last sale price (AED 506K, 10 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 505,853
Deposit, UAE resident (20%)
AED 101,171
Deposit, non-resident (40%)
AED 202,341
Monthly over 25 years at 3.7%
AED 2,070

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