1-bed · 739 sqftGlitz Residence 1, Dubai Studio City · 2nd floor · completed 2017

212, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in April 2015, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 29 August 2024
Last soldAED 797K19 April 2015
Current rentAED 58K /yr29 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Glitz Residence 1

What is 212 worth today?

Last sold for AED 797,203 in 2015

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29 Aug 2024RentedRenewal
AED 57,750/yr12 months · AED 79 per sqft
29 Aug 2023RentedNew contract
AED 53,000/yr12 months · AED 72 per sqft
19 Apr 2015Sold by developerOff-plan
AED 797,203AED 1,078 per sqft

Source: Dubai Land Department. Updated 29 August 2024.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
2nd of 8
Parking
G-21
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,500 /yr
Last sold
AED 797K · April 2015

About 212, Glitz Residence 1

212 is a one-bedroom apartment of 739 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 19 April 2015 for AED 797,203, or AED 1,078 per sqft, in line with the AED 1,078 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 29 August 2024, is AED 57,750 a year: a gross yield of 7.2% on the 2015 price, before the service charge of about AED 12,500 a year.

Sales and rents for 212 over time

Sales
Unit 212, 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, April 2015: AED 797,203 (AED 1,078 per sqft)

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

Rents
Unit 212, 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, August 2023: AED 53,000 a yearRenewal, August 2024: AED 57,750 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 212 sits

All 66 1-beds →

212 last sold in April 2015 at AED 1,078 per sqft, in line with what one-beds in Glitz Residence 1 were fetching at the time (AED 1,078). 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. 212's AED 57,750 is in the lower half 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

212, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 19 April 2015 for AED 797,203, or AED 1,078 per sqft.
  • Rented since August 2023 on 2 Ejari contracts, from AED 53,000 to AED 57,750 a year.
  • At AED 57,750 a year the gross yield on the 2015 price is 7.2%, before a service charge of about AED 12,500 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 29 August 2024.

Questions about 212, Glitz Residence 1

What did unit 212 last sell for?

AED 797,203 on 19 April 2015, sold by the developer: AED 1,078 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 212?

AED 57,750 a year on the contract renewed on 29 August 2024. The previous contract, from August 2023, was AED 53,000.

How big is unit 212?

739 sqft (68.7 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.

What is unit 212 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 212, Glitz Residence 1

Starts from the last sale price (AED 797K, 19 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 797,203
Deposit, UAE resident (20%)
AED 159,441
Deposit, non-resident (40%)
AED 318,881
Monthly over 25 years at 3.7%
AED 3,262

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