1-bed · 769 sqftGlitz Residence 2, Dubai Studio City · 1st floor · completed 2017

115, Glitz Residence 2

Sold prices and rental history: sold twice, last in June 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 420K14 June 2021
Current rentAED 65K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Glitz Residence 2

What is 115 worth today?

Last sold for AED 420,000 in 2021

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15 Aug 2025RentedNew contract
AED 65,000/yr12 months · AED 85 per sqft
14 Oct 2024RentedNew contract
AED 75,000/yr12 months · AED 98 per sqft
25 Sep 2021RentedNew contract
AED 33,000/yr12 months · AED 43 per sqft
14 Jun 2021SoldReady
AED 420,000AED 546 per sqft
18 Aug 2019RentedNew contract
AED 45,000/yr12 months · AED 59 per sqft
18 Aug 2015Sold by developerOff-plan
AED 850,000AED 1,105 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
1-bed apartment
Size
769 sqft
Floor
1st of 8
Parking
B-12
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,700 /yr
Last sold
AED 420K · June 2021

About 115, Glitz Residence 2

115 is a one-bedroom apartment of 769 sqft on the 1st floor of Glitz Residence 2, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 14 June 2021 for AED 420,000, or AED 546 per sqft, 9% below the AED 601 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 15 August 2025, is AED 65,000 a year: a gross yield of 15.5% on the 2021 price, before the service charge of about AED 12,700 a year.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical one-bed in Glitz Residence 2
400K600K800K2015201820212024Typical 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, August 2015: AED 850,000 (AED 1,105 per sqft)Sold, June 2021: AED 420,000 (AED 546 per sqft)

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

Rents
Unit 115, each contractTypical one-bed in Glitz Residence 2
40K60K80K2018202120242027Typical 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, August 2019: AED 45,000 a yearNew contract, September 2021: AED 33,000 a yearNew contract, October 2024: AED 75,000 a yearNew contract, August 2025: AED 65,000 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 115 sits

All 62 1-beds →

115 last sold in June 2021 at AED 546 per sqft, 9% below what one-beds in Glitz Residence 2 were fetching at the time (AED 601). 115's AED 65,000 is in the upper 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

115, Glitz Residence 2 in numbers

  • Sold twice: first on 18 August 2015 for AED 850,000, last on 14 June 2021 for AED 420,000 (AED 546 per sqft).
  • Rented since August 2019 on 4 Ejari contracts. The rent fell from AED 45,000 to AED 33,000 in 2021 and recovered to AED 65,000 by August 2025.
  • At AED 65,000 a year the gross yield on the 2021 price is 15.5%, before a service charge of about AED 12,700 a year (AED 16.56 per sqft).

Source: Dubai Land Department. Updated 15 August 2025.

Questions about 115, Glitz Residence 2

What did unit 115 last sell for?

AED 420,000 on 14 June 2021: AED 546 per sqft for 769 sqft. The unit has 2 registered sales; the first was AED 850,000 in August 2015.

What is the rent for unit 115?

AED 65,000 a year on the contract signed on 15 August 2025. The previous contract, from October 2024, was AED 75,000; the unit has been rented since August 2019.

How big is unit 115?

769 sqft (71.4 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 115 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 115, Glitz Residence 2

Starts from the last sale price (AED 420K, 14 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

Plus AED 20,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →