Studio · 465 sqftGlitz Residence 1, Dubai Studio City · 3rd floor · completed 2017

302, Glitz Residence 1

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

Unit 302 · DLD and Ejari recordsUpdated 5 September 2026
Last soldAED 380K18 July 2023
Current rentAED 41K /yr5 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Glitz Residence 1

What is 302 worth today?

Last sold for AED 380,000 in 2023

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5 Sep 2026RentedNew contract
AED 41,000/yr12 months · AED 88 per sqft
23 Jun 2025RentedNew contract
AED 44,000/yr12 months · AED 95 per sqft
23 Jun 2025RentedNew contract
AED 44,000/yr12 months · AED 95 per sqft
4 Feb 2024RentedNew contract
AED 35,874/yr15 months · AED 77 per sqft
18 Jul 2023SoldReady
AED 380,000AED 817 per sqft
5 Feb 2022RentedNew contract
AED 31,000/yr12 months · AED 67 per sqft
1 Dec 2019RentedNew contract
AED 31,500/yr12 months · AED 68 per sqft
1 Nov 2018RentedRenewal
AED 45,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 5 September 2026.

Key facts

Type
Studio apartment
Size
465 sqft
Floor
3rd of 8
Parking
G-46
Developer
Danube Properties Development
Completed
2017
Service charge
AED 7,900 /yr
Last sold
AED 380K · July 2023

About 302, Glitz Residence 1

302 is a studio of 465 sqft on the 3rd floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 18 July 2023 for AED 380,000, or AED 817 per sqft, 15% above the AED 712 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 5 September 2026, is AED 41,000 a year: a gross yield of 10.8% on the 2023 price, before the service charge of about AED 7,900 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical studio in Glitz Residence 1
400K500K20152018202120242027Typical sale price by year: 2015 AED 492,302; 2023 AED 370,000; 2025 AED 485,000; 2026 AED 490,000Sold by developer, August 2015: AED 480,570 (AED 1,033 per sqft)Sold, July 2023: AED 380,000 (AED 817 per sqft)

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

Rents
Unit 302, each contractTypical studio in Glitz Residence 1
30K40K50K2017202020232026Typical 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, November 2017: AED 47,000 a yearRenewal, November 2018: AED 45,000 a yearNew contract, December 2019: AED 31,500 a yearNew contract, February 2022: AED 31,000 a yearNew contract, February 2024: AED 35,874 a yearNew contract, June 2025: AED 44,000 a yearNew contract, June 2025: AED 44,000 a yearNew contract, September 2026: AED 41,000 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 302 sits

All 34 studios →

302 last sold in July 2023 at AED 817 per sqft, 15% above what studios in Glitz Residence 1 were fetching at the time (AED 712). 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. 302's AED 41,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026505,000
21 Sep 2026485,000
9 Jul 2026490,000
15 May 2026495,000
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 3rd floor

All 146 units in Glitz Residence 1
Value
3011-bedAED 475K · Feb 2023
3032-bedAED 1.07M · Aug 2015
3042-bedAED 1.09M · Jun 2015
305StudioAED 508K · Apr 2015
3061-bedAED 500K · Jul 2023
3071-bedAED 801K · Aug 2015
3081-bedAED 742K · Aug 2015
1–7 of 17

302, Glitz Residence 1 in numbers

  • Sold twice: first on 10 August 2015 for AED 480,570, last on 18 July 2023 for AED 380,000 (AED 817 per sqft).
  • Rented since November 2017 on 8 Ejari contracts. The rent fell from AED 47,000 to AED 31,000 in 2022 and recovered to AED 41,000 by September 2026.
  • At AED 41,000 a year the gross yield on the 2023 price is 10.8%, before a service charge of about AED 7,900 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 5 September 2026.

Questions about 302, Glitz Residence 1

What did unit 302 last sell for?

AED 380,000 on 18 July 2023: AED 817 per sqft for 465 sqft. The unit has 2 registered sales; the first was AED 480,570 in August 2015.

What is the rent for unit 302?

AED 41,000 a year on the contract signed on 5 September 2026. The previous contract, from June 2025, was AED 44,000; the unit has been rented since November 2017.

How big is unit 302?

465 sqft (43.2 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 302 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 302, Glitz Residence 1

Starts from the last sale price (AED 380K, 18 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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