2-bed · 1,175 sqftGlitz Residence 1, Dubai Studio City · 2nd floor · completed 2017

216, Glitz Residence 1

Sold prices and rental history: sold twice, last in September 2026, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 3 September 2026
Last soldAED 1.07M3 September 2026
Current rentAED 90K /yr27 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Glitz Residence 1

What is 216 worth today?

Last sold for AED 1,070,000 in 2026

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3 Sep 2026SoldReady
AED 1,070,000AED 910 per sqft
27 Oct 2025RentedNew contract
AED 90,000/yr12 months · AED 77 per sqft
15 Dec 2024RentedNew contract
AED 90,000/yr12 months · AED 77 per sqft
24 Sep 2023RentedRenewal
AED 68,250/yr12 months · AED 58 per sqft
24 Sep 2022RentedNew contract
AED 65,000/yr12 months · AED 55 per sqft
10 Aug 2015Sold by developerOff-plan
AED 1,065,159AED 906 per sqft

Source: Dubai Land Department. Updated 3 September 2026.

Key facts

Type
2-bed apartment
Size
1,175 sqft
Floor
2nd of 8
Parking
B-108, B-109
Developer
Danube Properties Development
Completed
2017
Service charge
AED 19,900 /yr
Last sold
AED 1.07M · September 2026

About 216, Glitz Residence 1

216 is a two-bedroom apartment of 1,175 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 3 September 2026 for AED 1,070,000, or AED 910 per sqft.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 27 October 2025, is AED 90,000 a year: a gross yield of 8.4% on the 2026 price, before the service charge of about AED 19,900 a year.

Sales and rents for 216 over time

Sales
Unit 216, each saleTypical two-bed in Glitz Residence 1
900K1M1.1M2015201920232027Typical sale price by year: 2015 AED 1,083,081; 2023 AED 900,000; 2025 AED 1,050,000Sold by developer, August 2015: AED 1,065,159 (AED 906 per sqft)Sold, September 2026: AED 1,070,000 (AED 910 per sqft)

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

Rents
Unit 216, 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, September 2022: AED 65,000 a yearRenewal, September 2023: AED 68,250 a yearNew contract, December 2024: AED 90,000 a yearNew contract, October 2025: AED 90,000 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 216 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. 216's AED 90,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 May 20251,100,000
21 Apr 20251,050,000
15 Apr 20251,050,000
28 Mar 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

216, Glitz Residence 1 in numbers

  • Sold twice: first on 10 August 2015 for AED 1,065,159, last on 3 September 2026 for AED 1,070,000 (AED 910 per sqft).
  • Rented since September 2022 on 4 Ejari contracts, from AED 65,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2026 price is 8.4%, before a service charge of about AED 19,900 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 3 September 2026.

Questions about 216, Glitz Residence 1

What did unit 216 last sell for?

AED 1,070,000 on 3 September 2026: AED 910 per sqft for 1,175 sqft. The unit has 2 registered sales; the first was AED 1,065,159 in August 2015.

What is the rent for unit 216?

AED 90,000 a year on the contract signed on 27 October 2025. The previous contract, from December 2024, was AED 90,000; the unit has been rented since September 2022.

How big is unit 216?

1,175 sqft (109.2 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.

What is unit 216 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.

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Mortgage on 216, Glitz Residence 1

Starts from the last sale price (AED 1.07M, 3 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

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