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Studio · 466 sqftGlitz Residence 1, Dubai Studio City · 1st floor · completed 2017

102, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in August 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 469K3 August 2015
Current rentAED 42K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 102, Glitz Residence 1

What is 102 worth today?

Last sold for AED 468,837 in 2015

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1 Aug 2026RentedNew contract
AED 42,000/yr12 months · AED 90 per sqft
25 Jul 2022RentedNew contract
AED 32,000/yr12 months · AED 69 per sqft
20 Oct 2021RentedNew contract
AED 30,000/yr12 months · AED 65 per sqft
3 Aug 2015Sold by developerOff-plan
AED 468,837AED 1,006 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
466 sqft
Floor
1st of 8
Parking
G-50
Developer
Danube Properties Development
Completed
2017
Service charge
AED 7,900 /yr
Last sold
AED 469K · August 2015
Building
Glitz Residence 1

About 102, Glitz Residence 1

102 is a studio of 466 sqft on the 1st 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 3 August 2015 for AED 468,837, or AED 1,006 per sqft, 3% below the AED 1,041 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 August 2026, is AED 42,000 a year: a gross yield of 9.0% on the 2015 price, before the service charge of about AED 7,900 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical studio in Glitz Residence 1
400K500K20152018202120242027Typical sale price by year: 2015 AED 492,302; 2023 AED 370,000; 2025 AED 485,000; 2026 AED 490,000Sold by developer, August 2015: AED 468,837 (AED 1,006 per sqft)

102 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 102, each contractTypical studio in Glitz Residence 1
30K40K2017202020232026Typical rent by year: 2017 AED 45,000; 2018 AED 42,000; 2019 AED 36,000; 2020 AED 28,000; 2021 AED 26,000; 2022 AED 30,000; 2023 AED 32,500; 2024 AED 36,750; 2025 AED 43,250; 2026 AED 43,250New contract, October 2021: AED 30,000 a yearNew contract, July 2022: AED 32,000 a yearNew contract, August 2026: AED 42,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Glitz Residence 1, and where 102 sits

All 34 studios →

102 last sold in August 2015 at AED 1,006 per sqft, 3% below what studios in Glitz Residence 1 were fetching at the time (AED 1,041). Over the last 12 months studios sold for AED 440,000 to 505,000, around AED 983 per sqft, and rent for AED 36,660 to 50,000 a year. 102's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026505,000
21 Sep 2026485,000
9 Jul 2026490,000
15 May 2026495,000
6 studio sales 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. 11 sold in the last 12 months.

Typical price per sqft
AED 990 Up 4.3%
Typical sale
AED 505K
Typical rent
AED 60K /yr
Typical yield
8.2%
Glitz Residence 1, Dubai Studio City: prices, sales and rents →

Other units on the 1st floor

All 146 units in Glitz Residence 1
Value
1011-bedAED 730K · Mar 2025
1032-bedAED 1.21M · Oct 2015
1042-bedAED 1M · Aug 2024
105StudioAED 490K · Oct 2023
1061-bedAED 735K · Sep 2025
1071-bedAED 851K · Apr 2015
1081-bedAED 735K · Sep 2025
1–7 of 19

102, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 3 August 2015 for AED 468,837, or AED 1,006 per sqft.
  • Rented since October 2021 on 3 Ejari contracts, from AED 30,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2015 price is 9.0%, before a service charge of about AED 7,900 a year (AED 16.96 per sqft).
  • Studios in Glitz Residence 1 sold for AED 440,000–505,000 in the 12 months to November 2026; the building's median across all types is AED 990 per sqft.

Source: Dubai Land Department. Updated 1 August 2026.

Questions about 102, Glitz Residence 1

What did unit 102 last sell for?

AED 468,837 on 3 August 2015, sold by the developer: AED 1,006 per sqft for 466 sqft. It is the only registered sale of the unit.

What is the rent for unit 102?

AED 42,000 a year on the contract signed on 1 August 2026. The previous contract, from July 2022, was AED 32,000; the unit has been rented since October 2021.

How big is unit 102?

466 sqft (43.3 sqm): a studio on the 1st floor of a 8-storey tower completed in 2017.

What is unit 102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glitz Residence 1 sold for AED 440,000 to 505,000 in the last 12 months, around AED 983 per sqft.

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Mortgage on 102, Glitz Residence 1

Starts from the last sale price (AED 469K, 3 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 468,837
Deposit, UAE resident (20%)
AED 93,767
Deposit, non-resident (40%)
AED 187,535
Monthly over 25 years at 3.7%
AED 1,918

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →