203, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in April 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 203, Glitz Residence 1
What is 203 worth today?
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Source: Dubai Land Department. Updated 5 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,200 sqft
- Floor
- 2nd of 8
- Parking
- B-67, B-68
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.07M · April 2015
- Building
- Glitz Residence 1
About 203, Glitz Residence 1
203 is a two-bedroom apartment of 1,200 sqft on the 2nd 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 27 April 2015 for AED 1,065,159, or AED 887 per sqft, in line with the AED 911 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 5 March 2025, is AED 92,000 a year: a gross yield of 8.6% on the 2015 price, before the service charge of about AED 20,300 a year.
Sales and rents for 203 over time
203 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 203 sits
All 31 2-beds →203 last sold in April 2015 at AED 887 per sqft, in line with what two-beds in Glitz Residence 1 were fetching at the time (AED 911). 203's AED 92,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 May 20258 May 2025 | 1,196 sqft | 1,100,000 | 920 | ||
| 21 Apr 202521 April 2025 | 1,197 sqft | 1,050,000 | 876 | ||
| 15 Apr 202515 April 2025 | 1,200 sqft | 1,050,000 | 875 | ||
| 28 Mar 202528 March 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. 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%
Other units on the 2nd floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 786 sqft | AED 480KAED 480,000 · Aug 2023August 2023 | 60,900 /yr | |
| 202 | Studio | 465 sqft | AED 478KAED 478,223 · Aug 2015August 2015 | 45,000 /yr | |
| 204 | 2-bed | 1,196 sqft | AED 1.08MAED 1,082,593 · Aug 2015August 2015 | 83,000 /yr | |
| 205 | Studio | 490 sqft | AED 506KAED 505,853 · Aug 2015August 2015 | 36,750 /yr | |
| 206 | 1-bed | 672 sqft | AED 240KAED 240,000 · Jul 2020July 2020 | 65,000 /yr | |
| 207 | 1-bed | 739 sqft | AED 720KAED 720,000 · Jul 2025July 2025 | 65,000 /yr | |
| 208 | 1-bed | 674 sqft | AED 738KAED 738,281 · Aug 2015August 2015 | 35,000 /yr | |
| 209 | 3-bed | 1,647 sqft | AED 1.53MAED 1,530,000 · Jul 2025July 2025 | 99,000 /yr | |
| 210 | 3-bed | 1,647 sqft | AED 1.48MAED 1,475,365 · Jun 2015June 2015 | 110,000 /yr | |
| 211 | 1-bed | 675 sqft | AED 738KAED 738,281 · Aug 2015August 2015 | 49,462 /yr | |
| 212 | 1-bed | 739 sqft | AED 797KAED 797,203 · Apr 2015April 2015 | 57,750 /yr | |
| 213 | 1-bed | 674 sqft | AED 725KAED 725,000 · Jun 2015June 2015 | 48,400 /yr | |
| 214 | Studio | 490 sqft | AED 506KAED 505,853 · Jun 2015June 2015 | ||
| 215 | 2-bed | 1,197 sqft | AED 710KAED 710,000 · Jun 2021June 2021 | 50,000 /yr | |
| 216 | 2-bed | 1,175 sqft | AED 1.07MAED 1,065,159 · Aug 2015August 2015 | 90,000 /yr | |
| 217 | Studio | 226 sqft | AED 478KAED 478,223 · Aug 2015August 2015 | 42,000 /yr | |
| 218 | 1-bed | 762 sqft | AED 450KAED 450,000 · Aug 2021August 2021 | 44,000 /yr |
203, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 27 April 2015 for AED 1,065,159, or AED 887 per sqft.
- Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 50,000 in 2021 and recovered to AED 92,000 by March 2025.
- At AED 92,000 a year the gross yield on the 2015 price is 8.6%, before a service charge of about AED 20,300 a year (AED 16.96 per sqft).
Source: Dubai Land Department. Updated 5 March 2025.
Questions about 203, Glitz Residence 1
What did unit 203 last sell for?
AED 1,065,159 on 27 April 2015, sold by the developer: AED 887 per sqft for 1,200 sqft. It is the only registered sale of the unit.
What is the rent for unit 203?
AED 92,000 a year on the contract signed on 5 March 2025. The previous contract, from February 2024, was AED 90,000; the unit has been rented since February 2018.
How big is unit 203?
1,200 sqft (111.5 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.
What is unit 203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 203, Glitz Residence 1
Starts from the last sale price (AED 1.07M, 27 April 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,065,159
- Deposit, UAE resident (20%)
- AED 213,032
- Deposit, non-resident (40%)
- AED 426,064
- Monthly over 25 years at 3.7%
- AED 4,358
Plus AED 49,746 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →