315, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in June 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 315, Glitz Residence 1
What is 315 worth today?
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Source: Dubai Land Department. Updated 8 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,197 sqft
- Floor
- 3rd of 8
- Parking
- B-29, B-138
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.09M · June 2015
- Building
- Glitz Residence 1
About 315, Glitz Residence 1
315 is a two-bedroom apartment of 1,197 sqft on the 3rd 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 7 June 2015 for AED 1,085,579, or AED 906 per sqft, in line with the AED 910 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 8 March 2025, is AED 75,000 a year: a gross yield of 6.9% on the 2015 price, before the service charge of about AED 20,300 a year.
Sales and rents for 315 over time
315 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 315 sits
All 31 2-beds →315 last sold in June 2015 at AED 906 per sqft, in line with what two-beds in Glitz Residence 1 were fetching at the time (AED 910). 315's AED 75,000 is in the lower half 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 3rd floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 786 sqft | AED 475KAED 475,000 · Feb 2023February 2023 | 62,000 /yr | |
| 302 | Studio | 465 sqft | AED 380KAED 380,000 · Jul 2023July 2023 | 44,000 /yr | |
| 303 | 2-bed | 1,200 sqft | AED 1.07MAED 1,068,146 · Aug 2015August 2015 | 80,000 /yr | |
| 304 | 2-bed | 1,196 sqft | AED 1.09MAED 1,085,579 · Jun 2015June 2015 | 112,000 /yr | |
| 305 | Studio | 490 sqft | AED 508KAED 508,299 · Apr 2015April 2015 | 36,750 /yr | |
| 306 | 1-bed | 672 sqft | AED 500KAED 500,000 · Jul 2023July 2023 | 39,893 /yr | |
| 307 | 1-bed | 739 sqft | AED 801KAED 800,897 · Aug 2015August 2015 | 60,000 /yr | |
| 308 | 1-bed | 674 sqft | AED 742KAED 741,640 · Aug 2015August 2015 | 60,000 /yr | |
| 309 | 3-bed | 1,647 sqft | AED 850KAED 850,000 · Feb 2021February 2021 | 122,000 /yr | |
| 310 | 3-bed | 1,647 sqft | AED 1.48MAED 1,479,479 · Aug 2015August 2015 | 125,000 /yr | |
| 311 | 1-bed | 675 sqft | AED 742KAED 741,640 · Aug 2015August 2015 | 60,000 /yr | |
| 312 | 1-bed | 739 sqft | AED 801KAED 800,897 · Feb 2015February 2015 | 37,000 /yr | |
| 313 | 1-bed | 674 sqft | AED 680KAED 680,000 · Feb 2025February 2025 | 50,820 /yr | |
| 314 | Studio | 490 sqft | AED 508KAED 508,299 · Aug 2015August 2015 | 41,000 /yr | |
| 316 | 2-bed | 1,175 sqft | AED 900KAED 900,000 · Dec 2023December 2023 | 75,000 /yr | |
| 317 | Studio | 451 sqft | AED 342KAED 342,000 · Nov 2021November 2021 | 43,000 /yr | |
| 318 | 1-bed | 762 sqft | AED 775KAED 775,417 · May 2015May 2015 | 54,300 /yr |
315, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 7 June 2015 for AED 1,085,579, or AED 906 per sqft.
- Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 55,159 in 2023 and recovered to AED 75,000 by March 2025.
- At AED 75,000 a year the gross yield on the 2015 price is 6.9%, before a service charge of about AED 20,300 a year (AED 16.96 per sqft).
Source: Dubai Land Department. Updated 8 March 2025.
Questions about 315, Glitz Residence 1
What did unit 315 last sell for?
AED 1,085,579 on 7 June 2015, sold by the developer: AED 906 per sqft for 1,197 sqft. It is the only registered sale of the unit.
What is the rent for unit 315?
AED 75,000 a year on the contract renewed on 8 March 2025. The previous contract, from March 2024, was AED 65,000; the unit has been rented since January 2018.
How big is unit 315?
1,197 sqft (111.2 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.
What is unit 315 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 315, Glitz Residence 1
Starts from the last sale price (AED 1.09M, 7 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,085,579
- Deposit, UAE resident (20%)
- AED 217,116
- Deposit, non-resident (40%)
- AED 434,232
- Monthly over 25 years at 3.7%
- AED 4,441
Plus AED 50,604 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →