2-bed · 1,197 sqftGlitz Residence 1, Dubai Studio City · 2nd floor · completed 2017

215, Glitz Residence 1

Sold prices and rental history: sold twice, last in June 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 20 June 2021
Last soldAED 710K14 June 2021
Current rentAED 50K /yr20 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Glitz Residence 1

What is 215 worth today?

Last sold for AED 710,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Jun 2021RentedNew contract
AED 50,000/yr12 months · AED 42 per sqft
14 Jun 2021SoldReady
AED 710,000AED 593 per sqft
1 Aug 2020RentedNew contract
AED 50,000/yr12 months · AED 42 per sqft
10 Feb 2019RentedRenewal
AED 72,000/yr12 months · AED 60 per sqft
10 Feb 2018RentedNew contract
AED 75,000/yr12 months · AED 63 per sqft
10 Aug 2015Sold by developerOff-plan
AED 1,082,593AED 904 per sqft

Source: Dubai Land Department. Updated 20 June 2021.

Key facts

Type
2-bed apartment
Size
1,197 sqft
Floor
2nd of 8
Parking
B-135, B136
Developer
Danube Properties Development
Completed
2017
Service charge
AED 20,300 /yr
Last sold
AED 710K · June 2021

About 215, Glitz Residence 1

215 is a two-bedroom apartment of 1,197 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 14 June 2021 for AED 710,000, or AED 593 per sqft.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 20 June 2021, is AED 50,000 a year: a gross yield of 7.0% on the 2021 price, before the service charge of about AED 20,300 a year.

Sales and rents for 215 over time

Sales
Unit 215, each saleTypical two-bed in Glitz Residence 1
800K1M2015201820212024Typical sale price by year: 2015 AED 1,083,081; 2023 AED 900,000; 2025 AED 1,050,000Sold by developer, August 2015: AED 1,082,593 (AED 904 per sqft)Sold, June 2021: AED 710,000 (AED 593 per sqft)

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

Rents
Unit 215, 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 75,000 a yearRenewal, February 2019: AED 72,000 a yearNew contract, August 2020: AED 50,000 a yearNew contract, June 2021: AED 50,000 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 215 sits

All 32 2-beds →

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. 215's AED 50,000 is at the bottom 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
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

215, Glitz Residence 1 in numbers

  • Sold twice: first on 10 August 2015 for AED 1,082,593, last on 14 June 2021 for AED 710,000 (AED 593 per sqft).
  • Rented since February 2018 on 4 Ejari contracts, from AED 75,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2021 price is 7.0%, 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 20 June 2021.

Questions about 215, Glitz Residence 1

What did unit 215 last sell for?

AED 710,000 on 14 June 2021: AED 593 per sqft for 1,197 sqft. The unit has 2 registered sales; the first was AED 1,082,593 in August 2015.

What is the rent for unit 215?

AED 50,000 a year on the contract signed on 20 June 2021. The previous contract, from August 2020, was AED 50,000; the unit has been rented since February 2018.

How big is unit 215?

1,197 sqft (111.2 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.

What is unit 215 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.

Selling 215? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 215, Glitz Residence 1

Starts from the last sale price (AED 710K, 14 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 710,000
Deposit, UAE resident (20%)
AED 142,000
Deposit, non-resident (40%)
AED 284,000
Monthly over 25 years at 3.7%
AED 2,905

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