Studio · 226 sqftGlitz Residence 1, Dubai Studio City · 2nd floor · completed 2017

217, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 217 · DLD and Ejari recordsUpdated 25 February 2026
Last soldAED 478K10 August 2015
Current rentAED 45K /yr25 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, Glitz Residence 1

What is 217 worth today?

Last sold for AED 478,223 in 2015

Unlock today's estimate, updated daily, with

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

25 Feb 2026RentedRenewal
AED 45,000/yr12 months · AED 100 per sqft
25 Feb 2025RentedRenewal
AED 42,000/yr12 months · AED 93 per sqft
25 Feb 2025RentedRenewal
AED 42,000/yr12 months · AED 93 per sqft
25 Feb 2024RentedRenewal
AED 38,000/yr12 months · AED 84 per sqft
25 Feb 2023RentedRenewal
AED 31,625/yr12 months · AED 70 per sqft
25 Feb 2022RentedRenewal
AED 28,750/yr12 months · AED 64 per sqft
25 Feb 2021RentedNew contract
AED 25,000/yr12 months · AED 55 per sqft
25 Dec 2018RentedRenewal
AED 37,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 25 February 2026.

Key facts

Type
Studio apartment
Size
226 sqft
Floor
2nd of 8
Parking
G-38
Developer
Danube Properties Development
Completed
2017
Service charge
AED 3,800 /yr
Last sold
AED 478K · August 2015

About 217, Glitz Residence 1

217 is a studio of 226 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 10 August 2015 for AED 478,223, or AED 1,059 per sqft, in line with the AED 1,041 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 25 February 2026, is AED 45,000 a year: a gross yield of 9.4% on the 2015 price, before the service charge of about AED 3,800 a year.

Sales and rents for 217 over time

Sales
Unit 217, each saleTypical studio in Glitz Residence 1
400K500K20152018202120242027Typical sale price by year: 2015 AED 492,302; 2023 AED 370,000; 2025 AED 485,000; 2026 AED 490,000Sold by developer, August 2015: AED 478,223 (AED 1,059 per sqft)

217 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 217, each contractTypical studio in Glitz Residence 1
30K40K2017202020232026Typical rent by year: 2017 AED 45,000; 2018 AED 42,000; 2019 AED 36,000; 2020 AED 28,000; 2021 AED 26,000; 2022 AED 30,000; 2023 AED 32,500; 2024 AED 36,750; 2025 AED 43,250; 2026 AED 43,250New contract, December 2017: AED 40,000 a yearRenewal, December 2018: AED 37,000 a yearNew contract, February 2021: AED 25,000 a yearRenewal, February 2022: AED 28,750 a yearRenewal, February 2023: AED 31,625 a yearRenewal, February 2024: AED 38,000 a yearRenewal, February 2025: AED 42,000 a yearRenewal, February 2025: AED 42,000 a yearRenewal, February 2026: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Glitz Residence 1, and where 217 sits

All 34 studios →

217 last sold in August 2015 at AED 1,059 per sqft, in line with what studios in Glitz Residence 1 were fetching at the time (AED 1,041). Over the last 12 months studios sold for AED 440,000 to 505,000, around AED 983 per sqft, and rent for AED 36,660 to 50,000 a year. 217's AED 45,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026505,000
21 Sep 2026485,000
9 Jul 2026490,000
15 May 2026495,000
6 studio 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

217, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 10 August 2015 for AED 478,223, or AED 1,059 per sqft.
  • Rented since December 2017 on 9 Ejari contracts. The rent fell from AED 40,000 to AED 25,000 in 2021 and recovered to AED 45,000 by February 2026.
  • At AED 45,000 a year the gross yield on the 2015 price is 9.4%, before a service charge of about AED 3,800 a year (AED 16.96 per sqft).
  • Studios in Glitz Residence 1 sold for AED 440,000–505,000 in the 12 months to November 2026; the building's median across all types is AED 990 per sqft.

Source: Dubai Land Department. Updated 25 February 2026.

Questions about 217, Glitz Residence 1

What did unit 217 last sell for?

AED 478,223 on 10 August 2015, sold by the developer: AED 1,059 per sqft for 226 sqft. It is the only registered sale of the unit.

What is the rent for unit 217?

AED 45,000 a year on the contract renewed on 25 February 2026. The previous contract, from February 2025, was AED 42,000; the unit has been rented since December 2017.

How big is unit 217?

226 sqft (21.0 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2017.

What is unit 217 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glitz Residence 1 sold for AED 440,000 to 505,000 in the last 12 months, around AED 983 per sqft.

Selling 217? 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 217, Glitz Residence 1

Starts from the last sale price (AED 478K, 10 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 478,223
Deposit, UAE resident (20%)
AED 95,645
Deposit, non-resident (40%)
AED 191,289
Monthly over 25 years at 3.7%
AED 1,957

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