111, Glitz Residence 1
Sold prices and rental history: sold 3 times, last in May 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, Glitz Residence 1
What is 111 worth today?
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Source: Dubai Land Department. Updated 8 May 2024.
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 18,900 /yr
- Last sold
- AED 795K · May 2024
- Building
- Glitz Residence 1
About 111, Glitz Residence 1
111 is a one-bedroom apartment of 1,117 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 8 May 2024 for AED 795,000, or AED 711 per sqft, 10% below the AED 792 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 5 July 2023, is AED 37,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 18,900 a year.
Sales and rents for 111 over time
111 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1, and where 111 sits
All 66 1-beds →111 last sold in May 2024 at AED 711 per sqft, 10% below what one-beds in Glitz Residence 1 were fetching at the time (AED 792). Over the last 12 months one-beds sold for AED 665,000 to 770,000, around AED 1,055 per sqft, and rent for AED 49,462 to 72,000 a year. 111's AED 37,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jun 202623 June 2026 | 674 sqft | 750,000 | 1,112 | ||
| 1 Jun 20261 June 2026 | 675 sqft | 665,000 | 985 | ||
| 17 Mar 202617 March 2026 | 675 sqft | 770,000 | 1,140 | ||
| 6 Jan 20266 January 2026 | 762 sqft | 760,000 | 997 |
Glitz Residence 1
Building146 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%
Other units on the 1st floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 785 sqft | AED 730KAED 730,000 · Mar 2025March 2025 | 68,000 /yr | |
| 102 | Studio | 466 sqft | AED 469KAED 468,837 · Aug 2015August 2015 | 42,000 /yr | |
| 103 | 2-bed | 1,361 sqft | AED 1.21MAED 1,208,143 · Oct 2015October 2015 | 80,000 /yr | |
| 104 | 2-bed | 1,535 sqft | AED 1MAED 1,000,000 · Aug 2024August 2024 | 55,000 /yr | |
| 105 | Studio | 574 sqft | AED 490KAED 490,000 · Oct 2023October 2023 | 35,000 /yr | |
| 106 | 1-bed | 767 sqft | AED 735KAED 735,000 · Sep 2025September 2025 | 60,000 /yr | |
| 107 | 1-bed | 862 sqft | AED 851KAED 850,779 · Apr 2015April 2015 | 58,000 /yr | |
| 108 | 1-bed | 782 sqft | AED 735KAED 735,000 · Sep 2025September 2025 | 57,000 /yr | |
| 109 | Studio | 484 sqft | AED 490KAED 490,000 · Jul 2026July 2026 | 45,000 /yr | |
| 110 | 1-bed | 1,117 sqft | AED 972KAED 972,154 · Aug 2015August 2015 | 58,500 /yr | |
| 112 | Studio | 484 sqft | AED 345KAED 345,000 · Jun 2023June 2023 | 32,000 /yr | |
| 113 | 1-bed | 782 sqft | AED 620KAED 620,000 · Feb 2024February 2024 | 60,000 /yr | |
| 114 | 1-bed | 862 sqft | AED 851KAED 850,779 · Apr 2015April 2015 | 62,000 /yr | |
| 115 | 1-bed | 769 sqft | AED 812KAED 811,625 · Aug 2015August 2015 | ||
| 116 | Studio | 574 sqft | AED 505KAED 505,000 · Oct 2026October 2026 | 48,000 /yr | |
| 117 | 2-bed | 1,535 sqft | AED 1.15MAED 1,150,000 · Nov 2023November 2023 | 80,000 /yr | |
| 118 | 2-bed | 1,326 sqft | AED 1.21MAED 1,208,143 · Aug 2015August 2015 | 80,000 /yr | |
| 119 | Studio | 450 sqft | AED 500KAED 499,999 · May 2024May 2024 | 35,200 /yr | |
| 120 | 1-bed | 763 sqft | AED 762KAED 762,254 · Aug 2015August 2015 | 50,600 /yr |
111, Glitz Residence 1 in numbers
- Sold 3 times: first on 3 August 2015 for AED 972,154, last on 8 May 2024 for AED 795,000 (AED 711 per sqft).
- Rented since May 2021 on 3 Ejari contracts, from AED 35,000 to AED 37,000 a year.
- At AED 37,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 18,900 a year (AED 16.96 per sqft).
- One-beds in Glitz Residence 1 sold for AED 665,000–770,000 in the 12 months to November 2026; the building's median across all types is AED 990 per sqft.
Source: Dubai Land Department. Updated 8 May 2024.
Questions about 111, Glitz Residence 1
What did unit 111 last sell for?
AED 795,000 on 8 May 2024: AED 711 per sqft for 1,117 sqft. The unit has 3 registered sales; the first was AED 972,154 in August 2015.
What is the rent for unit 111?
AED 37,000 a year on the contract renewed on 5 July 2023. The previous contract, from July 2022, was AED 37,000; the unit has been rented since May 2021.
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. One-beds in Glitz Residence 1 sold for AED 665,000 to 770,000 in the last 12 months, around AED 1,055 per sqft.
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Mortgage on 111, Glitz Residence 1
Starts from the last sale price (AED 795K, 8 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 795,000
- Deposit, UAE resident (20%)
- AED 159,000
- Deposit, non-resident (40%)
- AED 318,000
- Monthly over 25 years at 3.7%
- AED 3,253
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →