2-bed · 1,175 sqftGlitz Residence 1, Dubai Studio City · 5th floor · completed 2017

516, Glitz Residence 1

Sold prices and rental history: sold twice, last in April 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 516 · DLD and Ejari recordsUpdated 30 April 2018

Last soldAED 537K30 April 2018

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Today's valuefree after one verification

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Property timeline for 516, Glitz Residence 1

Today

What is 516 worth today?

Last sold for AED 537,060 in 2018

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30 Apr 2018

30 Apr 2018SoldReady

AED 537,060AED 457 per sqft

7 May 2015

7 May 2015Sold by developerOff-plan

AED 1,074,120AED 914 per sqft

Source: Dubai Land Department. Updated 30 April 2018.

Key facts

Type: 2-bed apartment
Size: 1,175 sqft
Floor: 5th of 8
Parking: B-85, B-86
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 19,900 /yr
Last sold: AED 537K · April 2018
Building: Glitz Residence 1

About 516, Glitz Residence 1

516 is a two-bedroom apartment of 1,175 sqft on the 5th floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 30 April 2018 for AED 537,060, or AED 457 per sqft, 50% below the AED 911 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 516 over time

Sales

Unit 516, each saleTypical two-bed in Glitz Residence 1

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

Rents

Unit 516, each contractTypical two-bed in Glitz Residence 1

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 516 sits

All 32 2-beds →

2-beds in Glitz Residence 1 · last 12 months910 /sqft Glitz Residence 1 · all types990 /sqft

516 last sold in April 2018 at AED 457 per sqft, 50% below what two-beds in Glitz Residence 1 were fetching at the time (AED 911). 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.

Recent 2-bed sales	Size	Price (AED)	Per sqft
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

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 5th floor

All 146 units in Glitz Residence 1


501	1-bed	786 sqft	AED 480KAED 480,000 · Aug 2022August 2022	72,000 /yr
502	Studio	465 sqft	AED 360KAED 360,000 · Feb 2023February 2023	43,500 /yr
503	2-bed	1,200 sqft	AED 1.07MAED 1,074,120 · Jun 2015June 2015	85,470 /yr
504	2-bed	1,196 sqft	AED 1.09MAED 1,091,550 · Aug 2015August 2015	69,300 /yr
505	Studio	490 sqft	AED 390KAED 390,000 · Sep 2021September 2021	38,000 /yr
506	1-bed	672 sqft	AED 652KAED 652,000 · Feb 2025February 2025	44,000 /yr
507	1-bed	739 sqft	AED 430KAED 430,000 · Oct 2020October 2020	55,000 /yr
508	1-bed	674 sqft	AED 748KAED 748,358 · Apr 2015April 2015	60,000 /yr
509	3-bed	1,647 sqft	AED 1.49MAED 1,487,708 · Aug 2015August 2015	114,000 /yr
510	3-bed	1,647 sqft	AED 1.49MAED 1,487,708 · Aug 2015August 2015
511	1-bed	675 sqft	AED 400KAED 400,000 · Aug 2021August 2021	60,000 /yr
512	1-bed	739 sqft	AED 808KAED 808,285 · Aug 2015August 2015	41,000 /yr
513	1-bed	674 sqft	AED 748KAED 748,358 · Aug 2015August 2015	50,715 /yr
514	Studio	490 sqft	AED 495KAED 495,000 · May 2026May 2026	49,000 /yr
515	2-bed	599 sqft	AED 1.09MAED 1,091,550 · Jul 2015July 2015	71,400 /yr
517	Studio	451 sqft	AED 510KAED 510,000 · May 2017May 2017	47,000 /yr
518	1-bed	762 sqft	AED 760KAED 760,000 · Jan 2026January 2026	73,000 /yr

1–7 of 17

516, Glitz Residence 1 in numbers

Sold twice: first on 7 May 2015 for AED 1,074,120, last on 30 April 2018 for AED 537,060 (AED 457 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 30 April 2018.

Questions about 516, Glitz Residence 1

What did unit 516 last sell for?

AED 537,060 on 30 April 2018: AED 457 per sqft for 1,175 sqft. The unit has 2 registered sales; the first was AED 1,074,120 in May 2015.

How big is unit 516?

1,175 sqft (109.2 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 516 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 516, Glitz Residence 1

Starts from the last sale price (AED 537K, 30 April 2018). Switch to today's estimate once you have unlocked it.

Price: AED 537,060
Deposit, UAE resident (20%): AED 107,412
Deposit, non-resident (40%): AED 214,824
Monthly over 25 years at 3.7%: AED 2,197

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