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

112, Glitz Residence 1

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 112 · DLD and Ejari recordsUpdated 1 November 2023

Last soldAED 345K1 June 2023

Current rentAED 32K /yr1 November 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 112, Glitz Residence 1

Today

What is 112 worth today?

Last sold for AED 345,000 in 2023

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1 Nov 2023

1 Nov 2023RentedNew contract

AED 32,000/yr12 months · AED 66 per sqft

1 Jun 2023

1 Jun 2023SoldReady

AED 345,000AED 712 per sqft

1 Nov 2022

1 Nov 2022RentedNew contract

AED 28,000/yr12 months · AED 58 per sqft

1 Nov 2022

1 Nov 2022RentedRenewal

AED 28,000/yr12 months · AED 58 per sqft

1 Nov 2021

1 Nov 2021RentedNew contract

AED 25,000/yr12 months · AED 52 per sqft

2 Nov 2017

2 Nov 2017RentedNew contract

AED 45,000/yr12 months · AED 93 per sqft

19 Apr 2015

19 Apr 2015Sold by developerOff-plan

AED 479,593AED 990 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type: Studio apartment
Size: 484 sqft
Floor: 1st of 8
Parking: G-47
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 8,200 /yr
Last sold: AED 345K · June 2023
Building: Glitz Residence 1

About 112, Glitz Residence 1

112 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 1 June 2023 for AED 345,000, or AED 712 per sqft, in line with the AED 711 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 November 2023, is AED 32,000 a year: a gross yield of 9.3% on the 2023 price, before the service charge of about AED 8,200 a year.

Sales and rents for 112 over time

Sales

Unit 112, each saleTypical studio in Glitz Residence 1

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

Rents

Unit 112, each contractTypical studio in Glitz Residence 1

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 112 sits

All 34 studios →

Studios in Glitz Residence 1 · last 12 months983 /sqft Glitz Residence 1 · all types990 /sqft

112 last sold in June 2023 at AED 712 per sqft, in line with what studios in Glitz Residence 1 were fetching at the time (AED 711). 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. 112's AED 32,000 is at the bottom of that range.

Recent studio sales	Size	Price (AED)	Per sqft
29 Oct 202629 October 2026	574 sqft	505,000	879
21 Sep 202621 September 2026	490 sqft	485,000	990
9 Jul 20269 July 2026	484 sqft	490,000	1,011
15 May 202615 May 2026	490 sqft	495,000	1,010

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


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
111	1-bed	1,117 sqft	AED 795KAED 795,000 · May 2024May 2024	37,000 /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

1–7 of 19

112, Glitz Residence 1 in numbers

Sold twice: first on 19 April 2015 for AED 479,593, last on 1 June 2023 for AED 345,000 (AED 712 per sqft).
Rented since November 2017 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 25,000 in 2021 and recovered to AED 32,000 by November 2023.
At AED 32,000 a year the gross yield on the 2023 price is 9.3%, 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 1 November 2023.

Questions about 112, Glitz Residence 1

What did unit 112 last sell for?

AED 345,000 on 1 June 2023: AED 712 per sqft for 484 sqft. The unit has 2 registered sales; the first was AED 479,593 in April 2015.

What is the rent for unit 112?

AED 32,000 a year on the contract signed on 1 November 2023. The previous contract, from November 2022, was AED 28,000; the unit has been rented since November 2017.

How big is unit 112?

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

What is unit 112 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 112, Glitz Residence 1

Starts from the last sale price (AED 345K, 1 June 2023). Switch to today's estimate once you have unlocked it.

Price: AED 345,000
Deposit, UAE resident (20%): AED 69,000
Deposit, non-resident (40%): AED 138,000
Monthly over 25 years at 3.7%: AED 1,412

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