1-bed · 674 sqftGlitz Residence 1, Dubai Studio City · 2nd floor · completed 2017

208, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 10 September 2022
Last soldAED 738K3 August 2015
Current rentAED 35K /yr10 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Glitz Residence 1

What is 208 worth today?

Last sold for AED 738,281 in 2015

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10 Sep 2022RentedNew contract
AED 35,000/yr12 months · AED 52 per sqft
1 Sep 2021RentedNew contract
AED 30,000/yr12 months · AED 44 per sqft
1 Apr 2020RentedRenewal
AED 35,900/yr12 months · AED 53 per sqft
1 Apr 2019RentedNew contract
AED 48,000/yr12 months · AED 71 per sqft
3 Aug 2015Sold by developerOff-plan
AED 738,281AED 1,094 per sqft

Source: Dubai Land Department. Updated 10 September 2022.

Key facts

Type
1-bed apartment
Size
674 sqft
Floor
2nd of 8
Parking
G-19
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,400 /yr
Last sold
AED 738K · August 2015

About 208, Glitz Residence 1

208 is a one-bedroom apartment of 674 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 3 August 2015 for AED 738,281, or AED 1,094 per sqft, in line with the AED 1,096 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 10 September 2022, is AED 35,000 a year: a gross yield of 4.7% on the 2015 price, before the service charge of about AED 11,400 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical one-bed in Glitz Residence 1
400K600K800K20152018202120242027Typical sale price by year: 2015 AED 775,417; 2017 AED 771,477; 2019 AED 555,000; 2020 AED 430,000; 2022 AED 462,500; 2023 AED 512,500; 2024 AED 640,000; 2025 AED 725,000; 2026 AED 755,000Sold by developer, August 2015: AED 738,281 (AED 1,094 per sqft)

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

Rents
Unit 208, each contractTypical one-bed in Glitz Residence 1
40K60K2017202020232026Typical rent by year: 2017 AED 60,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 42,000; 2021 AED 35,000; 2022 AED 39,000; 2023 AED 46,000; 2024 AED 56,750; 2025 AED 59,920; 2026 AED 58,750New contract, April 2019: AED 48,000 a yearRenewal, April 2020: AED 35,900 a yearNew contract, September 2021: AED 30,000 a yearNew contract, September 2022: AED 35,000 a year

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 208 sits

All 66 1-beds →

208 last sold in August 2015 at AED 1,094 per sqft, in line with what one-beds in Glitz Residence 1 were fetching at the time (AED 1,096). 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. 208's AED 35,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jun 2026750,000
1 Jun 2026665,000
17 Mar 2026770,000
6 Jan 2026760,000
4 1-bed 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
205StudioAED 506K · Aug 2015
2061-bedAED 240K · Jul 2020
2071-bedAED 720K · Jul 2025
1–7 of 17

208, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 3 August 2015 for AED 738,281, or AED 1,094 per sqft.
  • Rented since April 2019 on 4 Ejari contracts. The rent fell from AED 48,000 to AED 30,000 in 2021 and recovered to AED 35,000 by September 2022.
  • At AED 35,000 a year the gross yield on the 2015 price is 4.7%, 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 10 September 2022.

Questions about 208, Glitz Residence 1

What did unit 208 last sell for?

AED 738,281 on 3 August 2015, sold by the developer: AED 1,094 per sqft for 674 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 35,000 a year on the contract signed on 10 September 2022. The previous contract, from September 2021, was AED 30,000; the unit has been rented since April 2019.

How big is unit 208?

674 sqft (62.6 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.

What is unit 208 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 208, Glitz Residence 1

Starts from the last sale price (AED 738K, 3 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 738,281
Deposit, UAE resident (20%)
AED 147,656
Deposit, non-resident (40%)
AED 295,312
Monthly over 25 years at 3.7%
AED 3,021

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