2-bed · 1,535 sqftGlitz Residence 1, Dubai Studio City · 1st floor · completed 2017

104, Glitz Residence 1

Sold prices and rental history: sold twice, last in August 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1M15 August 2024
Current rentAED 55K /yr15 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Glitz Residence 1

What is 104 worth today?

Last sold for AED 1,000,000 in 2024

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15 Aug 2024SoldReady
AED 1,000,000AED 651 per sqft
15 Jun 2020RentedNew contract
AED 55,000/yr12 months · AED 36 per sqft
26 Dec 2018RentedRenewal
AED 80,000/yr12 months · AED 52 per sqft
25 Dec 2017RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft
10 Aug 2015Sold by developerOff-plan
AED 1,250,000AED 824 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
2-bed apartment
Size
1,535 sqft
Floor
1st of 8
Parking
B-71, B-72
Developer
Danube Properties Development
Completed
2017
Service charge
AED 26,000 /yr
Last sold
AED 1M · August 2024

About 104, Glitz Residence 1

104 is a two-bedroom apartment of 1,535 sqft on the 1st floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 15 August 2024 for AED 1,000,000, or AED 651 per sqft, 14% below the AED 758 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 15 June 2020, is AED 55,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 26,000 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical two-bed in Glitz Residence 1
1M1.2M2015201820212024Typical sale price by year: 2015 AED 1,083,081; 2023 AED 900,000; 2025 AED 1,050,000Sold by developer, August 2015: AED 1,250,000 (AED 824 per sqft)Sold, August 2024: AED 1,000,000 (AED 651 per sqft)

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

Rents
Unit 104, each contractTypical two-bed in Glitz Residence 1
60K80K2017202020232026Typical rent by year: 2017 AED 80,000; 2018 AED 80,000; 2019 AED 73,000; 2020 AED 55,000; 2021 AED 52,500; 2022 AED 59,700; 2023 AED 68,125; 2024 AED 75,825; 2025 AED 80,000; 2026 AED 80,000New contract, December 2017: AED 80,000 a yearRenewal, December 2018: AED 80,000 a yearNew contract, June 2020: AED 55,000 a year

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 104 sits

All 32 2-beds →

104 last sold in August 2024 at AED 651 per sqft, 14% below what two-beds in Glitz Residence 1 were fetching at the time (AED 758). Over the last 12 months two-beds sold for AED 1,070,000, around AED 910 per sqft, and rent for AED 69,300 to 113,000 a year. 104's AED 55,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Sep 20261,070,000
8 May 20251,100,000
21 Apr 20251,050,000
15 Apr 20251,050,000
1 2-bed sale 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
102StudioAED 469K · Aug 2015
1032-bedAED 1.21M · Oct 2015
105StudioAED 490K · Oct 2023
1061-bedAED 735K · Sep 2025
1071-bedAED 851K · Apr 2015
1081-bedAED 735K · Sep 2025
1–7 of 19

104, Glitz Residence 1 in numbers

  • Sold twice: first on 10 August 2015 for AED 1,250,000, last on 15 August 2024 for AED 1,000,000 (AED 651 per sqft).
  • Rented since December 2017 on 3 Ejari contracts, from AED 80,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 26,000 a year (AED 16.96 per sqft).
  • Two-beds in Glitz Residence 1 sold for AED 1,070,000–1,070,000 in the 12 months to November 2026; the building's median across all types is AED 990 per sqft.

Source: Dubai Land Department. Updated 15 August 2024.

Questions about 104, Glitz Residence 1

What did unit 104 last sell for?

AED 1,000,000 on 15 August 2024: AED 651 per sqft for 1,535 sqft. The unit has 2 registered sales; the first was AED 1,250,000 in August 2015.

What is the rent for unit 104?

AED 55,000 a year on the contract signed on 15 June 2020. The previous contract, from December 2018, was AED 80,000; the unit has been rented since December 2017.

How big is unit 104?

1,535 sqft (142.6 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Glitz Residence 1 sold for AED 1,070,000 to 1,070,000 in the last 12 months, around AED 910 per sqft.

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Mortgage on 104, Glitz Residence 1

Starts from the last sale price (AED 1M, 15 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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