217, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 217, Glitz Residence 1
What is 217 worth today?
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Source: Dubai Land Department. Updated 25 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 226 sqft
- Floor
- 2nd of 8
- Parking
- G-38
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 3,800 /yr
- Last sold
- AED 478K · August 2015
- Building
- Glitz Residence 1
About 217, Glitz Residence 1
217 is a studio of 226 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 478,223, or AED 1,059 per sqft, in line with the AED 1,041 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 25 February 2025, is AED 42,000 a year: a gross yield of 8.8% on the 2015 price, before the service charge of about AED 3,800 a year.
Sales and rents for 217 over time
217 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Glitz Residence 1, and where 217 sits
All 31 studios →217 last sold in August 2015 at AED 1,059 per sqft, in line with what studios in Glitz Residence 1 were fetching at the time (AED 1,041). Over the last 12 months studios sold for AED 440,000, around AED 975 per sqft, and rent for AED 41,000 to 50,000 a year. 217's AED 42,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 May 20252 May 2025 | 465 sqft | 530,000 | 1,140 | ||
| 20 May 202420 May 2024 | 450 sqft | 499,999 | 1,110 | ||
| 5 Feb 20245 February 2024 | 226 sqft | 175,000 | 775 | ||
| 23 Oct 202323 October 2023 | 574 sqft | 490,000 | 853 |
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 | |
| 216 | 2-bed | 1,175 sqft | AED 1.07MAED 1,065,159 · Aug 2015August 2015 | 90,000 /yr | |
| 218 | 1-bed | 762 sqft | AED 450KAED 450,000 · Aug 2021August 2021 | 44,000 /yr |
217, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 10 August 2015 for AED 478,223, or AED 1,059 per sqft.
- Rented since December 2017 on 5 Ejari contracts. The rent fell from AED 40,000 to AED 28,750 in 2022 and recovered to AED 42,000 by February 2025.
- At AED 42,000 a year the gross yield on the 2015 price is 8.8%, before a service charge of about AED 3,800 a year (AED 16.96 per sqft).
- Studios in Glitz Residence 1 sold for AED 440,000–440,000 in the 12 months to November 2026; the building's median across all types is AED 986 per sqft.
Source: Dubai Land Department. Updated 25 February 2025.
Questions about 217, Glitz Residence 1
What did unit 217 last sell for?
AED 478,223 on 10 August 2015, sold by the developer: AED 1,059 per sqft for 226 sqft. It is the only registered sale of the unit.
What is the rent for unit 217?
AED 42,000 a year on the contract renewed on 25 February 2025. The previous contract, from February 2023, was AED 31,625; the unit has been rented since December 2017.
How big is unit 217?
226 sqft (21.0 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2017.
What is unit 217 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glitz Residence 1 sold for AED 440,000 to 440,000 in the last 12 months, around AED 975 per sqft.
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Mortgage on 217, Glitz Residence 1
Starts from the last sale price (AED 478K, 10 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 478,223
- Deposit, UAE resident (20%)
- AED 95,645
- Deposit, non-resident (40%)
- AED 191,289
- Monthly over 25 years at 3.7%
- AED 1,957
Plus AED 22,995 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →