2-bed · 1,197 sqftGlitz Residence 1, Dubai Studio City · 8th floor · completed 2017

815, Glitz Residence 1

Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 815 · DLD and Ejari recordsUpdated 21 April 2025
Last soldAED 1.05M21 April 2025
Current rentAED 85K /yr22 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 815, Glitz Residence 1

What is 815 worth today?

Last sold for AED 1,050,000 in 2025

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21 Apr 2025SoldReady
AED 1,050,000AED 877 per sqft
22 Jun 2024RentedNew contract
AED 85,000/yr12 months · AED 71 per sqft
15 Jul 2023RentedNew contract
AED 85,000/yr12 months · AED 71 per sqft
15 Jul 2022RentedNew contract
AED 61,500/yr12 months · AED 51 per sqft
15 Jul 2021RentedRenewal
AED 60,000/yr12 months · AED 50 per sqft
15 Jul 2020RentedRenewal
AED 70,000/yr12 months · AED 59 per sqft
15 Jul 2019RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft
15 Dec 2017RentedNew contract
AED 84,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 21 April 2025.

Key facts

Type
2-bed apartment
Size
1,197 sqft
Floor
8th of 8
Parking
B-97, B-98
Developer
Danube Properties Development
Completed
2017
Service charge
AED 20,300 /yr
Last sold
AED 1.05M · April 2025

About 815, Glitz Residence 1

815 is a two-bedroom apartment of 1,197 sqft on the 8th floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 21 April 2025 for AED 1,050,000, or AED 877 per sqft, in line with the AED 875 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 22 June 2024, is AED 85,000 a year: a gross yield of 8.1% on the 2025 price, before the service charge of about AED 20,300 a year.

Sales and rents for 815 over time

Sales
Unit 815, each saleTypical two-bed in Glitz Residence 1
900K1M1.1M2015201820212024Typical sale price by year: 2015 AED 1,083,081; 2023 AED 900,000; 2025 AED 1,050,000Sold by developer, April 2015: AED 1,100,507 (AED 919 per sqft)Sold, April 2025: AED 1,050,000 (AED 877 per sqft)

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

Rents
Unit 815, each contractTypical two-bed in Glitz Residence 1
60K80K2017202020232026Typical rent by year: 2017 AED 80,000; 2018 AED 80,000; 2019 AED 73,000; 2020 AED 55,000; 2021 AED 52,500; 2022 AED 59,700; 2023 AED 68,125; 2024 AED 75,825; 2025 AED 80,000; 2026 AED 80,000New contract, December 2017: AED 84,000 a yearNew contract, July 2019: AED 70,000 a yearRenewal, July 2020: AED 70,000 a yearRenewal, July 2021: AED 60,000 a yearNew contract, July 2022: AED 61,500 a yearNew contract, July 2023: AED 85,000 a yearNew contract, June 2024: AED 85,000 a year

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 815 sits

All 32 2-beds →

815 last sold in April 2025 at AED 877 per sqft, in line with what two-beds in Glitz Residence 1 were fetching at the time (AED 875). 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. 815's AED 85,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Sep 20261,070,000
8 May 20251,100,000
15 Apr 20251,050,000
28 Mar 20251,050,000
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 8th floor

All 146 units in Glitz Residence 1
Value
8011-bedAED 795K · Feb 2015
802StudioAED 492K · Aug 2015
8032-bedAED 1.05M · Mar 2025
8042-bedAED 865K · Mar 2023
805StudioAED 521K · Jun 2015
8061-bedAED 650K · Dec 2024
8071-bedAED 819K · Mar 2017
1–7 of 17

815, Glitz Residence 1 in numbers

  • Sold twice: first on 21 April 2015 for AED 1,100,507, last on 21 April 2025 for AED 1,050,000 (AED 877 per sqft).
  • Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 84,000 to AED 60,000 in 2021 and recovered to AED 85,000 by June 2024.
  • At AED 85,000 a year the gross yield on the 2025 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 21 April 2025.

Questions about 815, Glitz Residence 1

What did unit 815 last sell for?

AED 1,050,000 on 21 April 2025: AED 877 per sqft for 1,197 sqft. The unit has 2 registered sales; the first was AED 1,100,507 in April 2015.

What is the rent for unit 815?

AED 85,000 a year on the contract signed on 22 June 2024. The previous contract, from July 2023, was AED 85,000; the unit has been rented since December 2017.

How big is unit 815?

1,197 sqft (111.2 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2017.

What is unit 815 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 815, Glitz Residence 1

Starts from the last sale price (AED 1.05M, 21 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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