1-bed · 786 sqftGlitz Residence 1, Dubai Studio City · 2nd floor · completed 2017

201, Glitz Residence 1

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 28 October 2024
Last soldAED 480K28 August 2023
Current rentAED 61K /yr28 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Glitz Residence 1

What is 201 worth today?

Last sold for AED 480,000 in 2023

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28 Oct 2024RentedRenewal
AED 60,900/yr12 months · AED 78 per sqft
28 Oct 2023RentedNew contract
AED 58,000/yr12 months · AED 74 per sqft
28 Aug 2023SoldReady
AED 480,000AED 610 per sqft
1 Aug 2022RentedRenewal
AED 39,000/yr12 months · AED 50 per sqft
1 Aug 2021RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
13 Jul 2020RentedRenewal
AED 44,000/yr12 months · AED 56 per sqft
13 Jul 2019RentedNew contract
AED 48,000/yr12 months · AED 61 per sqft
30 Apr 2018RentedNew contract
AED 52,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 28 October 2024.

Key facts

Type
1-bed apartment
Size
786 sqft
Floor
2nd of 8
Parking
G-16
Developer
Danube Properties Development
Completed
2017
Service charge
AED 13,300 /yr
Last sold
AED 480K · August 2023

About 201, Glitz Residence 1

201 is a one-bedroom apartment of 786 sqft on the 2nd floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 28 August 2023 for AED 480,000, or AED 610 per sqft, 3% below the AED 629 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 28 October 2024, is AED 60,900 a year: a gross yield of 12.7% on the 2023 price, before the service charge of about AED 13,300 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical one-bed in Glitz Residence 1
400K600K800K2015201820212024Typical sale price by year: 2015 AED 775,417; 2017 AED 771,477; 2019 AED 555,000; 2020 AED 430,000; 2022 AED 477,500; 2023 AED 512,500; 2024 AED 640,000; 2025 AED 700,000Sold by developer, April 2015: AED 771,477 (AED 981 per sqft)Sold, May 2017: AED 771,477 (AED 981 per sqft)Sold, August 2023: AED 480,000 (AED 610 per sqft)

201 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 201, each contractTypical one-bed in Glitz Residence 1
40K60K2017202020232026Typical rent by year: 2017 AED 60,000; 2018 AED 55,000; 2019 AED 48,500; 2020 AED 40,250; 2021 AED 35,000; 2022 AED 38,750; 2023 AED 44,500; 2024 AED 55,000; 2025 AED 59,420; 2026 AED 60,000New contract, April 2018: AED 52,000 a yearNew contract, July 2019: AED 48,000 a yearRenewal, July 2020: AED 44,000 a yearNew contract, August 2021: AED 35,000 a yearRenewal, August 2022: AED 39,000 a yearNew contract, October 2023: AED 58,000 a yearRenewal, October 2024: AED 60,900 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Glitz Residence 1, and where 201 sits

All 64 1-beds →

201 last sold in August 2023 at AED 610 per sqft, 3% below what one-beds in Glitz Residence 1 were fetching at the time (AED 629). Over the last 12 months one-beds sold for AED 760,000, around AED 997 per sqft, and rent for AED 54,300 to 72,000 a year. 201's AED 60,900 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Jan 2026760,000
24 Jul 2025720,000
19 Mar 2025730,000
17 Feb 2025652,000
1 1-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. 2 sold in the last 12 months.

Typical price per sqft
AED 986
Typical sale
AED 600K
Typical rent
AED 60K /yr
Typical yield
8.4%
Glitz Residence 1, Dubai Studio City: prices, sales and rents →

Other units on the 2nd floor

All 146 units in Glitz Residence 1
Value
202StudioAED 478K · Aug 2015
2032-bedAED 1.07M · Apr 2015
2042-bedAED 1.08M · Aug 2015
205StudioAED 506K · Aug 2015
2061-bedAED 240K · Jul 2020
2071-bedAED 720K · Jul 2025
2081-bedAED 738K · Aug 2015
1–7 of 17

201, Glitz Residence 1 in numbers

  • Sold 3 times: first on 21 April 2015 for AED 771,477, last on 28 August 2023 for AED 480,000 (AED 610 per sqft).
  • Rented since April 2018 on 7 Ejari contracts. The rent fell from AED 52,000 to AED 35,000 in 2021 and recovered to AED 60,900 by October 2024.
  • At AED 60,900 a year the gross yield on the 2023 price is 12.7%, before a service charge of about AED 13,300 a year (AED 16.96 per sqft).
  • One-beds in Glitz Residence 1 sold for AED 760,000–760,000 in the 12 months to November 2026; the building's median across all types is AED 986 per sqft.

Source: Dubai Land Department. Updated 28 October 2024.

Questions about 201, Glitz Residence 1

What did unit 201 last sell for?

AED 480,000 on 28 August 2023: AED 610 per sqft for 786 sqft. The unit has 3 registered sales; the first was AED 771,477 in April 2015.

What is the rent for unit 201?

AED 60,900 a year on the contract renewed on 28 October 2024. The previous contract, from October 2023, was AED 58,000; the unit has been rented since April 2018.

How big is unit 201?

786 sqft (73.0 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.

What is unit 201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Glitz Residence 1 sold for AED 760,000 to 760,000 in the last 12 months, around AED 997 per sqft.

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Mortgage on 201, Glitz Residence 1

Starts from the last sale price (AED 480K, 28 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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