1-bed · 1,117 sqftGlitz Residence 2, Dubai Studio City · 1st floor · completed 2017

111, Glitz Residence 2

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 3 July 2025
Last soldAED 990K1 September 2015
Current rentAED 60K /yr3 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Glitz Residence 2

What is 111 worth today?

Last sold for AED 990,000 in 2015

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3 Jul 2025RentedRenewal
AED 60,000/yr12 months · AED 54 per sqft
3 Jul 2024RentedRenewal
AED 56,700/yr12 months · AED 51 per sqft
3 Jul 2023RentedNew contract
AED 54,000/yr12 months · AED 48 per sqft
1 Jun 2022RentedRenewal
AED 35,000/yr12 months · AED 31 per sqft
1 Jun 2021RentedNew contract
AED 35,000/yr12 months · AED 31 per sqft
15 Apr 2019RentedNew contract
AED 48,000/yr12 months · AED 43 per sqft
1 Sep 2015Sold by developerOff-plan
AED 990,000AED 886 per sqft

Source: Dubai Land Department. Updated 3 July 2025.

Key facts

Type
1-bed apartment
Size
1,117 sqft
Floor
1st of 8
Parking
B-22
Developer
Danube Properties Development
Completed
2017
Service charge
AED 18,500 /yr
Last sold
AED 990K · September 2015

About 111, Glitz Residence 2

111 is a one-bedroom apartment of 1,117 sqft on the 1st floor of Glitz Residence 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 1 September 2015 for AED 990,000, or AED 886 per sqft, 20% below the AED 1,109 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 3 July 2025, is AED 60,000 a year: a gross yield of 6.1% on the 2015 price, before the service charge of about AED 18,500 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical one-bed in Glitz Residence 2
500K750K1M2015201820212024Typical sale price by year: 2015 AED 805,000; 2017 AED 760,000; 2018 AED 812,250; 2019 AED 675,000; 2020 AED 475,000; 2021 AED 450,000; 2022 AED 460,000; 2023 AED 585,000; 2024 AED 640,000; 2025 AED 715,000Sold by developer, September 2015: AED 990,000 (AED 886 per sqft)

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

Rents
Unit 111, each contractTypical one-bed in Glitz Residence 2
40K60K2018202120242027Typical rent by year: 2018 AED 55,000; 2019 AED 50,000; 2020 AED 42,000; 2021 AED 35,000; 2022 AED 40,000; 2023 AED 44,000; 2024 AED 50,400; 2025 AED 60,000; 2026 AED 62,500New contract, April 2019: AED 48,000 a yearNew contract, June 2021: AED 35,000 a yearRenewal, June 2022: AED 35,000 a yearNew contract, July 2023: AED 54,000 a yearRenewal, July 2024: AED 56,700 a yearRenewal, July 2025: AED 60,000 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 2, and where 111 sits

All 62 1-beds →

111 last sold in September 2015 at AED 886 per sqft, 20% below what one-beds in Glitz Residence 2 were fetching at the time (AED 1,109). 111's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jul 2025720,000
20 May 2025750,000
16 Apr 2025710,000
12 Feb 2025680,000
0 1-bed sales in the last 12 months

Glitz Residence 2

Building

146 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 1 sold in the last 12 months.

Typical price per sqft
AED 1,140
Typical sale
AED 530K
Typical rent
AED 60K /yr
Typical yield
7.7%
Glitz Residence 2, Dubai Studio City: prices, sales and rents →

Other units on the 1st floor

All 146 units in Glitz Residence 2
Value
1011-bedAED 807K · Apr 2015
102StudioAED 490K · Apr 2015
1032-bedAED 1.03M · Jun 2024
1042-bedAED 1.35M · Oct 2015
105StudioAED 480K · May 2024
1061-bedAED 705K · Jan 2025
1071-bedAED 885K · Aug 2015
1–7 of 19

111, Glitz Residence 2 in numbers

  • Sold once: by Danube Properties Development on 1 September 2015 for AED 990,000, or AED 886 per sqft.
  • Rented since April 2019 on 6 Ejari contracts. The rent fell from AED 48,000 to AED 35,000 in 2022 and recovered to AED 60,000 by July 2025.
  • At AED 60,000 a year the gross yield on the 2015 price is 6.1%, before a service charge of about AED 18,500 a year (AED 16.56 per sqft).

Source: Dubai Land Department. Updated 3 July 2025.

Questions about 111, Glitz Residence 2

What did unit 111 last sell for?

AED 990,000 on 1 September 2015, sold by the developer: AED 886 per sqft for 1,117 sqft. It is the only registered sale of the unit.

What is the rent for unit 111?

AED 60,000 a year on the contract renewed on 3 July 2025. The previous contract, from July 2024, was AED 56,700; the unit has been rented since April 2019.

How big is unit 111?

1,117 sqft (103.8 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 111 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 111, Glitz Residence 2

Starts from the last sale price (AED 990K, 1 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 990,000
Deposit, UAE resident (20%)
AED 198,000
Deposit, non-resident (40%)
AED 396,000
Monthly over 25 years at 3.7%
AED 4,050

Plus AED 46,590 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →