716, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in February 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 716, Glitz Residence 1
What is 716 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,175 sqft
- Floor
- 7th of 8
- Parking
- B-150, B-151
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 19,900 /yr
- Last sold
- AED 1.08M · February 2015
- Building
- Glitz Residence 1
About 716, Glitz Residence 1
716 is a two-bedroom apartment of 1,175 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 26 February 2015 for AED 1,080,094, or AED 919 per sqft.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 66,500 a year: a gross yield of 6.2% on the 2015 price, before the service charge of about AED 19,900 a year.
Sales and rents for 716 over time
716 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 716 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. 716's AED 66,500 is at the bottom 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 | |
| 715 | 2-bed | 1,197 sqft | AED 1.07MAED 1,074,834 · Aug 2015August 2015 | 71,000 /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 |
716, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 26 February 2015 for AED 1,080,094, or AED 919 per sqft.
- Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 53,000 in 2021 and recovered to AED 66,500 by August 2024.
- At AED 66,500 a year the gross yield on the 2015 price is 6.2%, 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 August 2024.
Questions about 716, Glitz Residence 1
What did unit 716 last sell for?
AED 1,080,094 on 26 February 2015, sold by the developer: AED 919 per sqft for 1,175 sqft. It is the only registered sale of the unit.
What is the rent for unit 716?
AED 66,500 a year on the contract renewed on 1 August 2024. The previous contract, from August 2024, was AED 66,500; the unit has been rented since February 2018.
How big is unit 716?
1,175 sqft (109.2 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.
What is unit 716 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 716, Glitz Residence 1
Starts from the last sale price (AED 1.08M, 26 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,080,094
- Deposit, UAE resident (20%)
- AED 216,019
- Deposit, non-resident (40%)
- AED 432,038
- Monthly over 25 years at 3.7%
- AED 4,419
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →