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Studio · 484 sqftGlitz Residence 1, Dubai Studio City · 1st floor · completed 2017

109, Glitz Residence 1

Sold prices and rental history: sold twice, last in July 2026, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 490K9 July 2026
Current rentAED 45K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 109, Glitz Residence 1

What is 109 worth today?

Last sold for AED 490,000 in 2026

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15 Oct 2026RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
9 Jul 2026SoldReady
AED 490,000AED 1,011 per sqft
10 Jun 2019RentedNew contract
AED 34,000/yr12 months · AED 70 per sqft
26 Feb 2015Sold by developerOff-plan
AED 479,593AED 990 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
Studio apartment
Size
484 sqft
Floor
1st of 8
Parking
G-48
Developer
Danube Properties Development
Completed
2017
Service charge
AED 8,200 /yr
Last sold
AED 490K · July 2026
Building
Glitz Residence 1

About 109, Glitz Residence 1

109 is a studio of 484 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 9 July 2026 for AED 490,000, or AED 1,011 per sqft, in line with the AED 993 studios in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 15 October 2026, is AED 45,000 a year: a gross yield of 9.2% on the 2026 price, before the service charge of about AED 8,200 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical studio in Glitz Residence 1
400K500K2015201920232027Typical sale price by year: 2015 AED 492,302; 2023 AED 370,000; 2025 AED 485,000; 2026 AED 490,000Sold by developer, February 2015: AED 479,593 (AED 990 per sqft)Sold, July 2026: AED 490,000 (AED 1,011 per sqft)

109 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 109, 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, June 2019: AED 34,000 a yearNew contract, October 2026: AED 45,000 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 109 sits

All 34 studios →

109 last sold in July 2026 at AED 1,011 per sqft, in line with what studios in Glitz Residence 1 were fetching at the time (AED 993). 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. 109's AED 45,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026505,000
21 Sep 2026485,000
15 May 2026495,000
6 Mar 2026470,000
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
102StudioAED 469K · Aug 2015
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
1–7 of 19

109, Glitz Residence 1 in numbers

  • Sold twice: first on 26 February 2015 for AED 479,593, last on 9 July 2026 for AED 490,000 (AED 1,011 per sqft).
  • Rented since June 2019 on 2 Ejari contracts, from AED 34,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2026 price is 9.2%, before a service charge of about AED 8,200 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 15 October 2026.

Questions about 109, Glitz Residence 1

What did unit 109 last sell for?

AED 490,000 on 9 July 2026: AED 1,011 per sqft for 484 sqft. The unit has 2 registered sales; the first was AED 479,593 in February 2015.

What is the rent for unit 109?

AED 45,000 a year on the contract signed on 15 October 2026. The previous contract, from June 2019, was AED 34,000.

How big is unit 109?

484 sqft (45.0 sqm): a studio on the 1st floor of a 8-storey tower completed in 2017.

What is unit 109 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 109, Glitz Residence 1

Starts from the last sale price (AED 490K, 9 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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