2-bed · 1,197 sqftGlitz Residence 1, Dubai Studio City · 3rd floor · completed 2017

315, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 13 August 2026
Last soldAED 1.09M7 June 2015
Current rentAED 80K /yr13 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Glitz Residence 1

What is 315 worth today?

Last sold for AED 1,085,579 in 2015

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13 Aug 2026RentedNew contract
AED 80,000/yr12 months · AED 67 per sqft
8 Mar 2026RentedRenewal
AED 80,000/yr12 months · AED 67 per sqft
8 Mar 2025RentedRenewal
AED 75,000/yr12 months · AED 63 per sqft
8 Mar 2025RentedRenewal
AED 75,000/yr12 months · AED 63 per sqft
8 Mar 2024RentedRenewal
AED 65,000/yr12 months · AED 54 per sqft
9 Mar 2023RentedRenewal
AED 55,159/yr12 months · AED 46 per sqft
9 Mar 2022RentedRenewal
AED 48,500/yr12 months · AED 41 per sqft
9 Mar 2021RentedNew contract
AED 45,000/yr12 months · AED 38 per sqft

Source: Dubai Land Department. Updated 13 August 2026.

Key facts

Type
2-bed apartment
Size
1,197 sqft
Floor
3rd of 8
Parking
B-29, B-138
Developer
Danube Properties Development
Completed
2017
Service charge
AED 20,300 /yr
Last sold
AED 1.09M · June 2015

About 315, Glitz Residence 1

315 is a two-bedroom apartment of 1,197 sqft on the 3rd 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 7 June 2015 for AED 1,085,579, or AED 906 per sqft, in line with the AED 910 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, signed on 13 August 2026, is AED 80,000 a year: a gross yield of 7.4% on the 2015 price, before the service charge of about AED 20,300 a year.

Sales and rents for 315 over time

Sales
Unit 315, each saleTypical two-bed in Glitz Residence 1
900K1M1.1M2015201820212024Typical sale price by year: 2015 AED 1,083,081; 2023 AED 900,000; 2025 AED 1,050,000Sold by developer, June 2015: AED 1,085,579 (AED 906 per sqft)

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

Rents
Unit 315, each contractTypical two-bed in Glitz Residence 1
40K60K80K2017202020232026Typical 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, January 2018: AED 80,000 a yearNew contract, October 2018: AED 70,000 a yearNew contract, March 2021: AED 45,000 a yearRenewal, March 2022: AED 48,500 a yearRenewal, March 2023: AED 55,159 a yearRenewal, March 2024: AED 65,000 a yearRenewal, March 2025: AED 75,000 a yearRenewal, March 2025: AED 75,000 a yearRenewal, March 2026: AED 80,000 a yearNew contract, August 2026: AED 80,000 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 315 sits

All 32 2-beds →

315 last sold in June 2015 at AED 906 per sqft, in line with what two-beds in Glitz Residence 1 were fetching at the time (AED 910). 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. 315's AED 80,000 is in the lower half 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 3rd floor

All 146 units in Glitz Residence 1
Value
3011-bedAED 475K · Feb 2023
302StudioAED 380K · Jul 2023
3032-bedAED 1.07M · Aug 2015
3042-bedAED 1.09M · Jun 2015
305StudioAED 508K · Apr 2015
3061-bedAED 500K · Jul 2023
3071-bedAED 801K · Aug 2015
1–7 of 17

315, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 7 June 2015 for AED 1,085,579, or AED 906 per sqft.
  • Rented since January 2018 on 10 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2021 and recovered to AED 80,000 by August 2026.
  • At AED 80,000 a year the gross yield on the 2015 price is 7.4%, 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 13 August 2026.

Questions about 315, Glitz Residence 1

What did unit 315 last sell for?

AED 1,085,579 on 7 June 2015, sold by the developer: AED 906 per sqft for 1,197 sqft. It is the only registered sale of the unit.

What is the rent for unit 315?

AED 80,000 a year on the contract signed on 13 August 2026. The previous contract, from March 2026, was AED 80,000; the unit has been rented since January 2018.

How big is unit 315?

1,197 sqft (111.2 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 315 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 315, Glitz Residence 1

Starts from the last sale price (AED 1.09M, 7 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,085,579
Deposit, UAE resident (20%)
AED 217,116
Deposit, non-resident (40%)
AED 434,232
Monthly over 25 years at 3.7%
AED 4,441

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