599 sqftGlitz Residence 1, Dubai Studio City · 5th floor · completed 2017

515, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 515 · DLD and Ejari recordsUpdated 1 July 2025

Last soldAED 1.09M29 July 2015

Current rentAED 66K /yr1 July 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 515, Glitz Residence 1

Today

What is 515 worth today?

Last sold for AED 1,091,550 in 2015

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1 Jul 2025

1 Jul 2025RentedRenewal

AED 66,150/yr12 months · AED 55 per sqft

1 Jul 2023

1 Jul 2023RentedRenewal

AED 57,000/yr12 months · AED 48 per sqft

1 Jul 2021

1 Jul 2021RentedRenewal

AED 50,000/yr12 months · AED 42 per sqft

1 Jul 2020

1 Jul 2020RentedNew contract

AED 50,000/yr12 months · AED 42 per sqft

15 Jun 2019

15 Jun 2019RentedRenewal

AED 70,000/yr12 months · AED 59 per sqft

15 Jun 2018

15 Jun 2018RentedNew contract

AED 75,000/yr12 months · AED 63 per sqft

27 Dec 2017

27 Dec 2017RentedNew contract

AED 78,000/yr12 months · AED 65 per sqft

29 Jul 2015

29 Jul 2015Sold by developerOff-plan

AED 1,091,550AED 911 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type: Apartment
Size: 599 sqft
Floor: 5th of 8
Parking: B-87, B-88
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 10,200 /yr
Last sold: AED 1.09M · July 2015
Building: Glitz Residence 1

About 515, Glitz Residence 1

515 is an apartment of 599 sqft on the 5th 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 29 July 2015 for AED 1,091,550, or AED 911 per sqft.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 66,150 a year: a gross yield of 6.1% on the 2015 price, before the service charge of about AED 10,200 a year.

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 5th floor

All 146 units in Glitz Residence 1


501	1-bed	786 sqft	AED 480KAED 480,000 · Aug 2022August 2022	72,000 /yr
502	Studio	465 sqft	AED 360KAED 360,000 · Feb 2023February 2023	43,500 /yr
503	2-bed	1,200 sqft	AED 1.07MAED 1,074,120 · Jun 2015June 2015	85,470 /yr
504	2-bed	1,196 sqft	AED 1.09MAED 1,091,550 · Aug 2015August 2015	69,300 /yr
505	Studio	490 sqft	AED 390KAED 390,000 · Sep 2021September 2021	38,000 /yr
506	1-bed	672 sqft	AED 652KAED 652,000 · Feb 2025February 2025	44,000 /yr
507	1-bed	739 sqft	AED 430KAED 430,000 · Oct 2020October 2020	64,000 /yr
508	1-bed	674 sqft	AED 748KAED 748,358 · Apr 2015April 2015	60,000 /yr
509	3-bed	1,647 sqft	AED 1.49MAED 1,487,708 · Aug 2015August 2015	114,000 /yr
510	3-bed	1,647 sqft	AED 1.49MAED 1,487,708 · Aug 2015August 2015
511	1-bed	675 sqft	AED 400KAED 400,000 · Aug 2021August 2021	60,000 /yr
512	1-bed	739 sqft	AED 808KAED 808,285 · Aug 2015August 2015	41,000 /yr
513	1-bed	674 sqft	AED 748KAED 748,358 · Aug 2015August 2015	50,715 /yr
514	Studio	490 sqft	AED 513KAED 513,191 · Aug 2015August 2015	48,000 /yr
516	2-bed	1,175 sqft	AED 537KAED 537,060 · Apr 2018April 2018
517	Studio	451 sqft	AED 510KAED 510,000 · May 2017May 2017	47,000 /yr
518	1-bed	762 sqft	AED 760KAED 760,000 · Jan 2026January 2026	73,000 /yr

1–7 of 17

515, Glitz Residence 1 in numbers

Sold once: by Danube Properties Development on 29 July 2015 for AED 1,091,550, or AED 911 per sqft.
Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 78,000 to AED 50,000 in 2021 and recovered to AED 66,150 by July 2025.
At AED 66,150 a year the gross yield on the 2015 price is 6.1%, before a service charge of about AED 10,200 a year (AED 16.96 per sqft).

Source: Dubai Land Department. Updated 1 July 2025.

Questions about 515, Glitz Residence 1

What did unit 515 last sell for?

AED 1,091,550 on 29 July 2015, sold by the developer: AED 911 per sqft for 599 sqft. It is the only registered sale of the unit.

What is the rent for unit 515?

AED 66,150 a year on the contract renewed on 1 July 2025. The previous contract, from July 2023, was AED 57,000; the unit has been rented since December 2017.

How big is unit 515?

599 sqft (55.6 sqm): an apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 515 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 515, Glitz Residence 1

Starts from the last sale price (AED 1.09M, 29 July 2015). Switch to today's estimate once you have unlocked it.

Price: AED 1,091,550
Deposit, UAE resident (20%): AED 218,310
Deposit, non-resident (40%): AED 436,620
Monthly over 25 years at 3.7%: AED 4,466

Plus AED 50,855 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →