218, Glitz Residence 1
Sold prices and rental history: sold twice, last in August 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 218, Glitz Residence 1
What is 218 worth today?
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Source: Dubai Land Department. Updated 1 August 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 762 sqft
- Floor
- 2nd of 8
- Parking
- G-23
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 12,900 /yr
- Last sold
- AED 450K · August 2021
- Building
- Glitz Residence 1
About 218, Glitz Residence 1
218 is a one-bedroom apartment of 762 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 1 August 2021 for AED 450,000, or AED 590 per sqft, in line with the AED 590 one-beds in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 5 July 2019, is AED 44,000 a year: a gross yield of 9.8% on the 2021 price, before the service charge of about AED 12,900 a year.
Sales and rents for 218 over time
218 has sold twice; the dashed line is the one-bed median of each year in the building.
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 218 sits
All 66 1-beds →218 last sold in August 2021 at AED 590 per sqft, in line with what one-beds in Glitz Residence 1 were fetching at the time (AED 590). 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. 218's AED 44,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jun 202623 June 2026 | 674 sqft | 750,000 | 1,112 | ||
| 1 Jun 20261 June 2026 | 675 sqft | 665,000 | 985 | ||
| 17 Mar 202617 March 2026 | 675 sqft | 770,000 | 1,140 | ||
| 6 Jan 20266 January 2026 | 762 sqft | 760,000 | 997 |
Glitz Residence 1
Building146 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%
Other units on the 2nd floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 786 sqft | AED 480KAED 480,000 · Aug 2023August 2023 | 60,900 /yr | |
| 202 | Studio | 465 sqft | AED 478KAED 478,223 · Aug 2015August 2015 | 42,000 /yr | |
| 203 | 2-bed | 1,200 sqft | AED 1.07MAED 1,065,159 · Apr 2015April 2015 | 92,000 /yr | |
| 204 | 2-bed | 1,196 sqft | AED 1.08MAED 1,082,593 · Aug 2015August 2015 | 80,000 /yr | |
| 205 | Studio | 490 sqft | AED 506KAED 505,853 · Aug 2015August 2015 | 38,588 /yr | |
| 206 | 1-bed | 672 sqft | AED 240KAED 240,000 · Jul 2020July 2020 | 60,000 /yr | |
| 207 | 1-bed | 739 sqft | AED 720KAED 720,000 · Jul 2025July 2025 | 65,000 /yr | |
| 208 | 1-bed | 674 sqft | AED 738KAED 738,281 · Aug 2015August 2015 | 35,000 /yr | |
| 209 | 3-bed | 1,647 sqft | AED 1.53MAED 1,530,000 · Jul 2025July 2025 | 107,000 /yr | |
| 210 | 3-bed | 1,647 sqft | AED 1.48MAED 1,475,365 · Jun 2015June 2015 | 100,000 /yr | |
| 211 | 1-bed | 675 sqft | AED 738KAED 738,281 · Aug 2015August 2015 | 49,462 /yr | |
| 212 | 1-bed | 739 sqft | AED 797KAED 797,203 · Apr 2015April 2015 | 57,750 /yr | |
| 213 | 1-bed | 674 sqft | AED 725KAED 725,000 · Jun 2015June 2015 | 48,400 /yr | |
| 214 | Studio | 490 sqft | AED 485KAED 485,000 · Sep 2026September 2026 | ||
| 215 | 2-bed | 1,197 sqft | AED 710KAED 710,000 · Jun 2021June 2021 | 50,000 /yr | |
| 216 | 2-bed | 1,175 sqft | AED 1.07MAED 1,070,000 · Sep 2026September 2026 | 90,000 /yr | |
| 217 | Studio | 226 sqft | AED 478KAED 478,223 · Aug 2015August 2015 | 45,000 /yr |
218, Glitz Residence 1 in numbers
- Sold twice: first on 31 August 2015 for AED 771,477, last on 1 August 2021 for AED 450,000 (AED 590 per sqft).
- Rented since June 2018 on 2 Ejari contracts, from AED 50,000 to AED 44,000 a year.
- At AED 44,000 a year the gross yield on the 2021 price is 9.8%, before a service charge of about AED 12,900 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 1 August 2021.
Questions about 218, Glitz Residence 1
What did unit 218 last sell for?
AED 450,000 on 1 August 2021: AED 590 per sqft for 762 sqft. The unit has 2 registered sales; the first was AED 771,477 in August 2015.
What is the rent for unit 218?
AED 44,000 a year on the contract signed on 5 July 2019. The previous contract, from June 2018, was AED 50,000.
How big is unit 218?
762 sqft (70.8 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.
What is unit 218 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 218, Glitz Residence 1
Starts from the last sale price (AED 450K, 1 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →