Studio · 574 sqftGlitz Residence 1, Dubai Studio City · 1st floor · completed 2017

116, Glitz Residence 1

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

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Unit 116 · DLD and Ejari recordsUpdated 29 October 2026

Last soldAED 505K29 October 2026

Current rentAED 48K /yr15 February 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 116, Glitz Residence 1

Today

What is 116 worth today?

Last sold for AED 505,000 in 2026

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29 Oct 2026

29 Oct 2026SoldReady

AED 505,000AED 879 per sqft

15 Feb 2026

15 Feb 2026RentedRenewal

AED 48,000/yr12 months · AED 84 per sqft

15 Feb 2025

15 Feb 2025RentedNew contract

AED 48,000/yr12 months · AED 84 per sqft

20 Dec 2023

20 Dec 2023RentedNew contract

AED 45,000/yr12 months · AED 78 per sqft

1 Dec 2022

1 Dec 2022RentedRenewal

AED 30,800/yr12 months · AED 54 per sqft

1 Dec 2021

1 Dec 2021RentedNew contract

AED 28,000/yr12 months · AED 49 per sqft

20 Oct 2019

20 Oct 2019RentedNew contract

AED 34,000/yr12 months · AED 60 per sqft

7 Jun 2015

7 Jun 2015Sold by developerOff-plan

AED 592,936AED 1,032 per sqft

Source: Dubai Land Department. Updated 29 October 2026.

Key facts

Type: Studio apartment
Size: 574 sqft
Floor: 1st of 8
Parking: G-43
Developer: Danube Properties Development
Completed: 2017
Service charge: AED 9,700 /yr
Last sold: AED 505K · October 2026
Building: Glitz Residence 1

About 116, Glitz Residence 1

116 is a studio of 574 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 29 October 2026 for AED 505,000, or AED 879 per sqft, 11% below the AED 990 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 48,000 a year: a gross yield of 9.5% on the 2026 price, before the service charge of about AED 9,700 a year.

Sales and rents for 116 over time

Sales

Unit 116, each saleTypical studio in Glitz Residence 1

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

Rents

Unit 116, 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 116 sits

All 34 studios →

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

116 last sold in October 2026 at AED 879 per sqft, 11% below what studios in Glitz Residence 1 were fetching at the time (AED 990). 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. 116's AED 48,000 is in the upper half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
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 Mar 20266 March 2026	490 sqft	470,000	959

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
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
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

116, Glitz Residence 1 in numbers

Sold twice: first on 7 June 2015 for AED 592,936, last on 29 October 2026 for AED 505,000 (AED 879 per sqft).
Rented since October 2019 on 6 Ejari contracts. The rent fell from AED 34,000 to AED 28,000 in 2021 and recovered to AED 48,000 by February 2026.
At AED 48,000 a year the gross yield on the 2026 price is 9.5%, before a service charge of about AED 9,700 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 29 October 2026.

Questions about 116, Glitz Residence 1

What did unit 116 last sell for?

AED 505,000 on 29 October 2026: AED 879 per sqft for 574 sqft. The unit has 2 registered sales; the first was AED 592,936 in June 2015.

What is the rent for unit 116?

AED 48,000 a year on the contract renewed on 15 February 2026. The previous contract, from February 2025, was AED 48,000; the unit has been rented since October 2019.

How big is unit 116?

574 sqft (53.3 sqm): a studio on the 1st floor of a 8-storey tower completed in 2017.

What is unit 116 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 116, Glitz Residence 1

Starts from the last sale price (AED 505K, 29 October 2026). Switch to today's estimate once you have unlocked it.

Price: AED 505,000
Deposit, UAE resident (20%): AED 101,000
Deposit, non-resident (40%): AED 202,000
Monthly over 25 years at 3.7%: AED 2,066

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