415, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in June 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 415, Glitz Residence 1
What is 415 worth today?
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Source: Dubai Land Department. Updated 15 February 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,197 sqft
- Floor
- 4th of 8
- Parking
- B-155, B-39
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.09M · June 2015
- Building
- Glitz Residence 1
About 415, Glitz Residence 1
415 is a two-bedroom apartment of 1,197 sqft on the 4th 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 1,088,564, or AED 909 per sqft, in line with the AED 910 two-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 15 February 2020, is AED 72,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 20,300 a year.
Sales and rents for 415 over time
415 has sold once; the dashed line is the two-bed median of each year in the building.
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 415 sits
All 32 2-beds →415 last sold in June 2015 at AED 909 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. 415's AED 72,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20263 September 2026 | 1,175 sqft | 1,070,000 | 910 | ||
| 8 May 20258 May 2025 | 1,196 sqft | 1,100,000 | 920 | ||
| 21 Apr 202521 April 2025 | 1,197 sqft | 1,050,000 | 877 | ||
| 15 Apr 202515 April 2025 | 1,200 sqft | 1,050,000 | 875 |
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 4th floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 786 sqft | AED 510KAED 510,000 · Mar 2023March 2023 | 60,000 /yr | |
| 402 | Studio | 465 sqft | AED 540KAED 540,000 · Nov 2025November 2025 | 47,000 /yr | |
| 403 | 2-bed | 1,200 sqft | AED 1.07MAED 1,071,133 · Jun 2015June 2015 | 83,775 /yr | |
| 404 | 2-bed | 1,196 sqft | AED 1.1MAED 1,100,000 · May 2025May 2025 | 72,540 /yr | |
| 405 | Studio | 490 sqft | AED 511KAED 510,745 · Aug 2015August 2015 | 43,000 /yr | |
| 406 | 1-bed | 672 sqft | AED 745KAED 744,999 · Jun 2015June 2015 | 58,000 /yr | |
| 407 | 1-bed | 739 sqft | AED 805KAED 804,591 · Aug 2015August 2015 | 60,000 /yr | |
| 408 | 1-bed | 674 sqft | AED 745KAED 744,999 · Jul 2015July 2015 | 58,000 /yr | |
| 409 | 3-bed | 1,647 sqft | AED 1.48MAED 1,483,593 · Aug 2015August 2015 | 115,000 /yr | |
| 410 | 3-bed | 1,647 sqft | AED 1.23MAED 1,225,000 · Jul 2024July 2024 | 71,500 /yr | |
| 411 | 1-bed | 675 sqft | AED 745KAED 744,999 · Aug 2015August 2015 | 59,000 /yr | |
| 412 | 1-bed | 739 sqft | AED 515KAED 515,000 · Mar 2023March 2023 | ||
| 413 | 1-bed | 674 sqft | AED 700KAED 700,000 · Mar 2024March 2024 | 58,000 /yr | |
| 414 | Studio | 490 sqft | AED 511KAED 510,745 · Aug 2015August 2015 | 45,000 /yr | |
| 416 | 2-bed | 1,175 sqft | AED 950KAED 950,000 · May 2024May 2024 | ||
| 417 | Studio | 451 sqft | AED 268KAED 268,000 · Nov 2022November 2022 | 36,660 /yr | |
| 418 | 1-bed | 762 sqft | AED 779KAED 779,358 · Aug 2015August 2015 | 56,000 /yr |
415, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 7 June 2015 for AED 1,088,564, or AED 909 per sqft.
- Rented since February 2018 on 3 Ejari contracts, from AED 80,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2015 price is 6.6%, 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 15 February 2020.
Questions about 415, Glitz Residence 1
What did unit 415 last sell for?
AED 1,088,564 on 7 June 2015, sold by the developer: AED 909 per sqft for 1,197 sqft. It is the only registered sale of the unit.
What is the rent for unit 415?
AED 72,000 a year on the contract renewed on 15 February 2020. The previous contract, from February 2019, was AED 77,500; the unit has been rented since February 2018.
How big is unit 415?
1,197 sqft (111.2 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.
What is unit 415 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 415, 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 1,088,564
- Deposit, UAE resident (20%)
- AED 217,713
- Deposit, non-resident (40%)
- AED 435,426
- Monthly over 25 years at 3.7%
- AED 4,454
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →