715, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 715, Glitz Residence 1
What is 715 worth today?
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Source: Dubai Land Department. Updated 10 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,197 sqft
- Floor
- 7th of 8
- Parking
- B-142, B-143
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.07M · August 2015
- Building
- Glitz Residence 1
About 715, Glitz Residence 1
715 is a two-bedroom apartment of 1,197 sqft on the 7th 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 3 August 2015 for AED 1,074,834, or AED 897 per sqft, in line with the AED 907 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 10 June 2024, is AED 71,000 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 715 over time
715 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 715 sits
All 32 2-beds →715 last sold in August 2015 at AED 897 per sqft, in line with what two-beds in Glitz Residence 1 were fetching at the time (AED 907). 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. 715's AED 71,000 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 7th floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 786 sqft | AED 791KAED 791,178 · Apr 2015April 2015 | 38,000 /yr | |
| 702 | Studio | 465 sqft | AED 490KAED 489,956 · Aug 2015August 2015 | ||
| 703 | 2-bed | 1,200 sqft | AED 1.08MAED 1,080,094 · Aug 2015August 2015 | 76,650 /yr | |
| 704 | 2-bed | 1,196 sqft | AED 1.15MAED 1,150,000 · Mar 2025March 2025 | 55,000 /yr | |
| 705 | Studio | 490 sqft | AED 518KAED 518,084 · Aug 2015August 2015 | 27,000 /yr | |
| 706 | 1-bed | 672 sqft | AED 755KAED 755,076 · Jun 2015June 2015 | 68,000 /yr | |
| 707 | 1-bed | 739 sqft | AED 816KAED 815,674 · Aug 2015August 2015 | 54,600 /yr | |
| 708 | 1-bed | 674 sqft | AED 750KAED 750,076 · Jun 2015June 2015 | 50,715 /yr | |
| 709 | 3-bed | 1,647 sqft | AED 1.5MAED 1,495,936 · Apr 2015April 2015 | 110,000 /yr | |
| 710 | 3-bed | 1,647 sqft | AED 1.5MAED 1,495,000 · Apr 2015April 2015 | 110,000 /yr | |
| 711 | 1-bed | 675 sqft | AED 665KAED 665,000 · Jun 2026June 2026 | 60,000 /yr | |
| 712 | 1-bed | 739 sqft | AED 500KAED 499,999 · Aug 2022August 2022 | 60,000 /yr | |
| 713 | 1-bed | 674 sqft | AED 750KAED 750,000 · Jun 2026June 2026 | 55,000 /yr | |
| 714 | Studio | 490 sqft | AED 518KAED 518,084 · Aug 2015August 2015 | 41,500 /yr | |
| 716 | 2-bed | 1,175 sqft | AED 1.08MAED 1,080,094 · Feb 2015February 2015 | 66,500 /yr | |
| 717 | Studio | 226 sqft | AED 175KAED 175,000 · Feb 2024February 2024 | 39,600 /yr | |
| 718 | 1-bed | 762 sqft | AED 805KAED 805,000 · Aug 2015August 2015 | 63,000 /yr |
715, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 3 August 2015 for AED 1,074,834, or AED 897 per sqft.
- Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 48,000 in 2021 and recovered to AED 71,000 by June 2024.
- At AED 71,000 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 10 June 2024.
Questions about 715, Glitz Residence 1
What did unit 715 last sell for?
AED 1,074,834 on 3 August 2015, sold by the developer: AED 897 per sqft for 1,197 sqft. It is the only registered sale of the unit.
What is the rent for unit 715?
AED 71,000 a year on the contract renewed on 10 June 2024. The previous contract, from June 2023, was AED 64,000; the unit has been rented since November 2017.
How big is unit 715?
1,197 sqft (111.2 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.
What is unit 715 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 715, Glitz Residence 1
Starts from the last sale price (AED 1.07M, 3 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,074,834
- Deposit, UAE resident (20%)
- AED 214,967
- Deposit, non-resident (40%)
- AED 429,934
- Monthly over 25 years at 3.7%
- AED 4,397
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →