616, Glitz Residence 1
Sold prices and rental history: sold twice, last in May 2017, 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 616, Glitz Residence 1
What is 616 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,175 sqft
- Floor
- 6th of 8
- Parking
- B-114, B-152
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 19,900 /yr
- Last sold
- AED 1.1M · May 2017
- Building
- Glitz Residence 1
About 616, Glitz Residence 1
616 is a two-bedroom apartment of 1,175 sqft on the 6th floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 3 May 2017 for AED 1,097,106, or AED 933 per sqft.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 1 July 2025, is AED 80,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 19,900 a year.
Sales and rents for 616 over time
616 has sold twice; 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 616 sits
All 32 2-beds →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. 616's AED 80,000 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 | |
| 615 | 2-bed | 1,197 sqft | AED 1.09MAED 1,094,535 · Aug 2015August 2015 | 89,000 /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 |
616, Glitz Residence 1 in numbers
- Sold twice: first on 10 August 2015 for AED 1,077,107, last on 3 May 2017 for AED 1,097,106 (AED 933 per sqft).
- Rented since January 2018 on 9 Ejari contracts. The rent fell from AED 83,000 to AED 54,000 in 2021 and recovered to AED 80,000 by July 2025.
- At AED 80,000 a year the gross yield on the 2017 price is 7.3%, before a service charge of about AED 19,900 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 1 July 2025.
Questions about 616, Glitz Residence 1
What did unit 616 last sell for?
AED 1,097,106 on 3 May 2017: AED 933 per sqft for 1,175 sqft. The unit has 2 registered sales; the first was AED 1,077,107 in August 2015.
What is the rent for unit 616?
AED 80,000 a year on the contract signed on 1 July 2025. The previous contract, from July 2025, was AED 80,000; the unit has been rented since January 2018.
How big is unit 616?
1,175 sqft (109.2 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2017.
What is unit 616 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 616, Glitz Residence 1
Starts from the last sale price (AED 1.1M, 3 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,097,106
- Deposit, UAE resident (20%)
- AED 219,421
- Deposit, non-resident (40%)
- AED 438,842
- Monthly over 25 years at 3.7%
- AED 4,489
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →