206, Glitz Residence 1
Sold prices and rental history: sold twice, last in July 2020, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 206, Glitz Residence 1
What is 206 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 672 sqft
- Floor
- 2nd of 8
- Parking
- G-17
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 11,400 /yr
- Last sold
- AED 240K · July 2020
- Building
- Glitz Residence 1
About 206, Glitz Residence 1
206 is a one-bedroom apartment of 672 sqft on the 2nd floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 7 July 2020 for AED 240,000, or AED 357 per sqft, 47% below the AED 676 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 12 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 60,000 a year: a gross yield of 25.0% on the 2020 price, before the service charge of about AED 11,400 a year.
Sales and rents for 206 over time
206 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1, and where 206 sits
All 66 1-beds →206 last sold in July 2020 at AED 357 per sqft, 47% below what one-beds in Glitz Residence 1 were fetching at the time (AED 676). Over the last 12 months one-beds sold for AED 665,000 to 770,000, around AED 1,055 per sqft, and rent for AED 49,462 to 72,000 a year. 206's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jun 202623 June 2026 | 674 sqft | 750,000 | 1,112 | ||
| 1 Jun 20261 June 2026 | 675 sqft | 665,000 | 985 | ||
| 17 Mar 202617 March 2026 | 675 sqft | 770,000 | 1,140 | ||
| 6 Jan 20266 January 2026 | 762 sqft | 760,000 | 997 |
Glitz Residence 1
Building146 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%
Other units on the 2nd floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 786 sqft | AED 480KAED 480,000 · Aug 2023August 2023 | 60,900 /yr | |
| 202 | Studio | 465 sqft | AED 478KAED 478,223 · Aug 2015August 2015 | 42,000 /yr | |
| 203 | 2-bed | 1,200 sqft | AED 1.07MAED 1,065,159 · Apr 2015April 2015 | 92,000 /yr | |
| 204 | 2-bed | 1,196 sqft | AED 1.08MAED 1,082,593 · Aug 2015August 2015 | 80,000 /yr | |
| 205 | Studio | 490 sqft | AED 506KAED 505,853 · Aug 2015August 2015 | 38,588 /yr | |
| 207 | 1-bed | 739 sqft | AED 720KAED 720,000 · Jul 2025July 2025 | 65,000 /yr | |
| 208 | 1-bed | 674 sqft | AED 738KAED 738,281 · Aug 2015August 2015 | 35,000 /yr | |
| 209 | 3-bed | 1,647 sqft | AED 1.53MAED 1,530,000 · Jul 2025July 2025 | 107,000 /yr | |
| 210 | 3-bed | 1,647 sqft | AED 1.48MAED 1,475,365 · Jun 2015June 2015 | 100,000 /yr | |
| 211 | 1-bed | 675 sqft | AED 738KAED 738,281 · Aug 2015August 2015 | 49,462 /yr | |
| 212 | 1-bed | 739 sqft | AED 797KAED 797,203 · Apr 2015April 2015 | 57,750 /yr | |
| 213 | 1-bed | 674 sqft | AED 725KAED 725,000 · Jun 2015June 2015 | 48,400 /yr | |
| 214 | Studio | 490 sqft | AED 485KAED 485,000 · Sep 2026September 2026 | ||
| 215 | 2-bed | 1,197 sqft | AED 710KAED 710,000 · Jun 2021June 2021 | 50,000 /yr | |
| 216 | 2-bed | 1,175 sqft | AED 1.07MAED 1,070,000 · Sep 2026September 2026 | 90,000 /yr | |
| 217 | Studio | 226 sqft | AED 478KAED 478,223 · Aug 2015August 2015 | 45,000 /yr | |
| 218 | 1-bed | 762 sqft | AED 450KAED 450,000 · Aug 2021August 2021 | 44,000 /yr |
206, Glitz Residence 1 in numbers
- Sold twice: first on 21 April 2015 for AED 738,281, last on 7 July 2020 for AED 240,000 (AED 357 per sqft).
- Rented since May 2018 on 12 Ejari contracts. The rent fell from AED 50,000 to AED 34,000 in 2022 and recovered to AED 60,000 by October 2026.
- At AED 60,000 a year the gross yield on the 2020 price is 25.0%, before a service charge of about AED 11,400 a year (AED 16.96 per sqft).
- One-beds in Glitz Residence 1 sold for AED 665,000–770,000 in the 12 months to November 2026; the building's median across all types is AED 990 per sqft.
Source: Dubai Land Department. Updated 1 October 2026.
Questions about 206, Glitz Residence 1
What did unit 206 last sell for?
AED 240,000 on 7 July 2020: AED 357 per sqft for 672 sqft. The unit has 2 registered sales; the first was AED 738,281 in April 2015.
What is the rent for unit 206?
AED 60,000 a year on the contract renewed on 1 October 2026. The previous contract, from June 2026, was AED 51,000; the unit has been rented since May 2018.
How big is unit 206?
672 sqft (62.4 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.
What is unit 206 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 1 sold for AED 665,000 to 770,000 in the last 12 months, around AED 1,055 per sqft.
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Mortgage on 206, Glitz Residence 1
Starts from the last sale price (AED 240K, 7 July 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 240,000
- Deposit, UAE resident (20%)
- AED 48,000
- Deposit, non-resident (40%)
- AED 96,000
- Monthly over 25 years at 3.7%
- AED 982
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →