119, Glitz Residence 1
Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 119, Glitz Residence 1
What is 119 worth today?
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Source: Dubai Land Department. Updated 20 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 450 sqft
- Floor
- 1st of 8
- Parking
- G-42
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 7,600 /yr
- Last sold
- AED 500K · May 2024
- Building
- Glitz Residence 1
About 119, Glitz Residence 1
119 is a studio of 450 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 20 May 2024 for AED 499,999, or AED 1,110 per sqft, 36% above the AED 817 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 10 May 2024, is AED 35,200 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 7,600 a year.
Sales and rents for 119 over time
119 has sold twice; the dashed line is the studio median of each year in the building.
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 119 sits
All 34 studios →119 last sold in May 2024 at AED 1,110 per sqft, 36% above what studios in Glitz Residence 1 were fetching at the time (AED 817). 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. 119's AED 35,200 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 | |
| 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 | ||
| 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 | |
| 120 | 1-bed | 763 sqft | AED 762KAED 762,254 · Aug 2015August 2015 | 50,600 /yr |
119, Glitz Residence 1 in numbers
- Sold twice: first on 7 May 2015 for AED 468,837, last on 20 May 2024 for AED 499,999 (AED 1,110 per sqft).
- Rented since February 2018 on 4 Ejari contracts. The rent fell from AED 40,000 to AED 27,000 in 2022 and recovered to AED 35,200 by May 2024.
- At AED 35,200 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 7,600 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 20 May 2024.
Questions about 119, Glitz Residence 1
What did unit 119 last sell for?
AED 499,999 on 20 May 2024: AED 1,110 per sqft for 450 sqft. The unit has 2 registered sales; the first was AED 468,837 in May 2015.
What is the rent for unit 119?
AED 35,200 a year on the contract renewed on 10 May 2024. The previous contract, from May 2023, was AED 32,000; the unit has been rented since February 2018.
How big is unit 119?
450 sqft (41.8 sqm): a studio on the 1st floor of a 8-storey tower completed in 2017.
What is unit 119 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 119, Glitz Residence 1
Starts from the last sale price (AED 500K, 20 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 499,999
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →