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1-bed · 762 sqftGlitz Residence 1, Dubai Studio City · 2nd floor · completed 2017

218, Glitz Residence 1

Sold prices and rental history: sold twice, last in August 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 218 · DLD and Ejari recordsUpdated 1 August 2021
Last soldAED 450K1 August 2021
Current rentAED 44K /yr5 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 218, Glitz Residence 1

What is 218 worth today?

Last sold for AED 450,000 in 2021

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1 Aug 2021SoldReady
AED 450,000AED 590 per sqft
5 Jul 2019RentedNew contract
AED 44,000/yr12 months · AED 58 per sqft
1 Jun 2018RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
31 Aug 2015Sold by developerOff-plan
AED 771,477AED 1,012 per sqft

Source: Dubai Land Department. Updated 1 August 2021.

Key facts

Type
1-bed apartment
Size
762 sqft
Floor
2nd of 8
Parking
G-23
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,900 /yr
Last sold
AED 450K · August 2021
Building
Glitz Residence 1

About 218, Glitz Residence 1

218 is a one-bedroom apartment of 762 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 1 August 2021 for AED 450,000, or AED 590 per sqft, in line with the AED 590 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 5 July 2019, is AED 44,000 a year: a gross yield of 9.8% on the 2021 price, before the service charge of about AED 12,900 a year.

Sales and rents for 218 over time

Sales
Unit 218, 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, August 2015: AED 771,477 (AED 1,012 per sqft)Sold, August 2021: AED 450,000 (AED 590 per sqft)

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

Rents
Unit 218, 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, June 2018: AED 50,000 a yearNew contract, July 2019: AED 44,000 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 218 sits

All 64 1-beds →

218 last sold in August 2021 at AED 590 per sqft, in line with what one-beds in Glitz Residence 1 were fetching at the time (AED 590). 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. 218's AED 44,000 is at the bottom 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
2011-bedAED 480K · Aug 2023
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
1–7 of 17

218, Glitz Residence 1 in numbers

  • Sold twice: first on 31 August 2015 for AED 771,477, last on 1 August 2021 for AED 450,000 (AED 590 per sqft).
  • Rented since June 2018 on 2 Ejari contracts, from AED 50,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2021 price is 9.8%, before a service charge of about AED 12,900 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 1 August 2021.

Questions about 218, Glitz Residence 1

What did unit 218 last sell for?

AED 450,000 on 1 August 2021: AED 590 per sqft for 762 sqft. The unit has 2 registered sales; the first was AED 771,477 in August 2015.

What is the rent for unit 218?

AED 44,000 a year on the contract signed on 5 July 2019. The previous contract, from June 2018, was AED 50,000.

How big is unit 218?

762 sqft (70.8 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.

What is unit 218 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 218, Glitz Residence 1

Starts from the last sale price (AED 450K, 1 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

Plus AED 21,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →