216, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 216, Glitz Residence 1
What is 216 worth today?
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Source: Dubai Land Department. Updated 27 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,175 sqft
- Floor
- 2nd of 8
- Parking
- B-108, B-109
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 19,900 /yr
- Last sold
- AED 1.07M · August 2015
- Building
- Glitz Residence 1
About 216, Glitz Residence 1
216 is a two-bedroom apartment of 1,175 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 10 August 2015 for AED 1,065,159, or AED 906 per sqft, in line with the AED 906 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 27 October 2025, is AED 90,000 a year: a gross yield of 8.5% on the 2015 price, before the service charge of about AED 19,900 a year.
Sales and rents for 216 over time
216 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 216 sits
All 31 2-beds →216 last sold in August 2015 at AED 906 per sqft, in line with what two-beds in Glitz Residence 1 were fetching at the time (AED 906). 216's AED 90,000 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 | |
| 203 | 2-bed | 1,200 sqft | AED 1.07MAED 1,065,159 · Apr 2015April 2015 | 92,000 /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 | |
| 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 |
216, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 10 August 2015 for AED 1,065,159, or AED 906 per sqft.
- Rented since September 2022 on 4 Ejari contracts, from AED 65,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2015 price is 8.5%, before a service charge of about AED 19,900 a year (AED 16.96 per sqft).
Source: Dubai Land Department. Updated 27 October 2025.
Questions about 216, Glitz Residence 1
What did unit 216 last sell for?
AED 1,065,159 on 10 August 2015, sold by the developer: AED 906 per sqft for 1,175 sqft. It is the only registered sale of the unit.
What is the rent for unit 216?
AED 90,000 a year on the contract signed on 27 October 2025. The previous contract, from December 2024, was AED 90,000; the unit has been rented since September 2022.
How big is unit 216?
1,175 sqft (109.2 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.
What is unit 216 worth today?
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Mortgage on 216, Glitz Residence 1
Starts from the last sale price (AED 1.07M, 10 August 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 →