615, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 615, Glitz Residence 1
What is 615 worth today?
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Source: Dubai Land Department. Updated 25 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,197 sqft
- Floor
- 6th of 8
- Parking
- B-130, B-141
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.09M · August 2015
- Building
- Glitz Residence 1
About 615, Glitz Residence 1
615 is a two-bedroom apartment of 1,197 sqft on the 6th 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 31 August 2015 for AED 1,094,535, or AED 914 per sqft, in line with the AED 909 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 25 December 2025, is AED 89,000 a year: a gross yield of 8.1% on the 2015 price, before the service charge of about AED 20,300 a year.
Sales and rents for 615 over time
615 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 615 sits
All 32 2-beds →615 last sold in August 2015 at AED 914 per sqft, in line with what two-beds in Glitz Residence 1 were fetching at the time (AED 909). 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. 615's AED 89,000 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 6th floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 786 sqft | AED 787KAED 787,238 · Jun 2015June 2015 | 59,000 /yr | |
| 602 | Studio | 465 sqft | AED 530KAED 530,000 · May 2025May 2025 | 45,000 /yr | |
| 603 | 2-bed | 1,200 sqft | AED 1.05MAED 1,050,000 · Apr 2025April 2025 | 81,000 /yr | |
| 604 | 2-bed | 1,196 sqft | AED 1.09MAED 1,094,535 · Aug 2015August 2015 | 82,000 /yr | |
| 605 | Studio | 490 sqft | AED 516KAED 515,638 · Aug 2015August 2015 | 44,000 /yr | |
| 606 | 1-bed | 672 sqft | AED 540KAED 540,000 · Nov 2023November 2023 | 47,250 /yr | |
| 607 | 1-bed | 739 sqft | AED 812KAED 811,979 · Aug 2015August 2015 | 55,000 /yr | |
| 608 | 1-bed | 674 sqft | AED 630KAED 630,000 · May 2024May 2024 | 37,000 /yr | |
| 609 | 3-bed | 1,647 sqft | AED 1.49MAED 1,491,822 · Jun 2015June 2015 | 117,000 /yr | |
| 610 | 3-bed | 1,647 sqft | AED 1.17MAED 1,170,000 · May 2024May 2024 | 83,160 /yr | |
| 611 | 1-bed | 675 sqft | AED 752KAED 751,717 · Jun 2015June 2015 | 58,000 /yr | |
| 612 | 1-bed | 739 sqft | AED 812KAED 811,979 · Feb 2015February 2015 | 60,000 /yr | |
| 613 | 1-bed | 674 sqft | AED 570KAED 570,000 · Mar 2024March 2024 | 65,000 /yr | |
| 614 | Studio | 490 sqft | AED 470KAED 470,000 · Mar 2026March 2026 | 42,000 /yr | |
| 616 | 2-bed | 1,175 sqft | AED 1.1MAED 1,097,106 · May 2017May 2017 | 80,000 /yr | |
| 617 | Studio | 451 sqft | AED 488KAED 487,609 · Aug 2015August 2015 | 50,000 /yr | |
| 618 | 1-bed | 762 sqft | AED 407KAED 406,600 · Oct 2022October 2022 | 60,000 /yr |
615, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 31 August 2015 for AED 1,094,535, or AED 914 per sqft.
- Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 56,000 in 2022 and recovered to AED 89,000 by December 2025.
- At AED 89,000 a year the gross yield on the 2015 price is 8.1%, 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 25 December 2025.
Questions about 615, Glitz Residence 1
What did unit 615 last sell for?
AED 1,094,535 on 31 August 2015, sold by the developer: AED 914 per sqft for 1,197 sqft. It is the only registered sale of the unit.
What is the rent for unit 615?
AED 89,000 a year on the contract renewed on 25 December 2025. The previous contract, from December 2024, was AED 89,000; the unit has been rented since February 2018.
How big is unit 615?
1,197 sqft (111.2 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2017.
What is unit 615 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 615, Glitz Residence 1
Starts from the last sale price (AED 1.09M, 31 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,094,535
- Deposit, UAE resident (20%)
- AED 218,907
- Deposit, non-resident (40%)
- AED 437,814
- Monthly over 25 years at 3.7%
- AED 4,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →