1-bed · 739 sqftGlitz Residence 1, Dubai Studio City · 3rd floor · completed 2017

307, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 22 August 2026
Last soldAED 801K31 August 2015
Current rentAED 65K /yr22 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Glitz Residence 1

What is 307 worth today?

Last sold for AED 800,897 in 2015

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22 Aug 2026RentedRenewal
AED 65,000/yr12 months · AED 88 per sqft
22 Aug 2026RentedNew contract
AED 60,000/yr12 months · AED 81 per sqft
22 Aug 2025RentedRenewal
AED 60,000/yr12 months · AED 81 per sqft
22 Aug 2024RentedNew contract
AED 60,000/yr12 months · AED 81 per sqft
22 Aug 2023RentedNew contract
AED 52,000/yr12 months · AED 70 per sqft
20 Aug 2022RentedNew contract
AED 40,000/yr12 months · AED 54 per sqft
2 Jan 2022RentedRenewal
AED 40,000/yr12 months · AED 54 per sqft
2 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 22 August 2026.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
3rd of 8
Parking
G-32
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,500 /yr
Last sold
AED 801K · August 2015

About 307, Glitz Residence 1

307 is a one-bedroom apartment of 739 sqft on the 3rd floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 31 August 2015 for AED 800,897, or AED 1,083 per sqft, in line with the AED 1,093 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 22 August 2026, is AED 65,000 a year: a gross yield of 8.1% on the 2015 price, before the service charge of about AED 12,500 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical one-bed in Glitz Residence 1
400K600K800K20152018202120242027Typical sale price by year: 2015 AED 775,417; 2017 AED 771,477; 2019 AED 555,000; 2020 AED 430,000; 2022 AED 462,500; 2023 AED 512,500; 2024 AED 640,000; 2025 AED 725,000; 2026 AED 755,000Sold by developer, August 2015: AED 800,897 (AED 1,083 per sqft)

307 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 307, each contractTypical one-bed in Glitz Residence 1
40K60K2017202020232026Typical rent by year: 2017 AED 60,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 42,000; 2021 AED 35,000; 2022 AED 39,000; 2023 AED 46,000; 2024 AED 56,750; 2025 AED 59,920; 2026 AED 58,750New contract, November 2019: AED 52,000 a yearNew contract, January 2021: AED 40,000 a yearRenewal, January 2022: AED 40,000 a yearNew contract, August 2022: AED 40,000 a yearNew contract, August 2023: AED 52,000 a yearNew contract, August 2024: AED 60,000 a yearRenewal, August 2025: AED 60,000 a yearRenewal, August 2026: AED 65,000 a yearNew contract, August 2026: AED 60,000 a year

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 307 sits

All 66 1-beds →

307 last sold in August 2015 at AED 1,083 per sqft, in line with what one-beds in Glitz Residence 1 were fetching at the time (AED 1,093). 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. 307's AED 65,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jun 2026750,000
1 Jun 2026665,000
17 Mar 2026770,000
6 Jan 2026760,000
4 1-bed 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
302StudioAED 380K · Jul 2023
3032-bedAED 1.07M · Aug 2015
3042-bedAED 1.09M · Jun 2015
305StudioAED 508K · Apr 2015
3061-bedAED 500K · Jul 2023
3081-bedAED 742K · Aug 2015
1–7 of 17

307, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 31 August 2015 for AED 800,897, or AED 1,083 per sqft.
  • Rented since November 2019 on 9 Ejari contracts. The rent fell from AED 52,000 to AED 40,000 in 2022 and recovered to AED 65,000 by August 2026.
  • At AED 65,000 a year the gross yield on the 2015 price is 8.1%, before a service charge of about AED 12,500 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 22 August 2026.

Questions about 307, Glitz Residence 1

What did unit 307 last sell for?

AED 800,897 on 31 August 2015, sold by the developer: AED 1,083 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 65,000 a year on the contract renewed on 22 August 2026. The previous contract, from August 2026, was AED 60,000; the unit has been rented since November 2019.

How big is unit 307?

739 sqft (68.7 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 307 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 307, Glitz Residence 1

Starts from the last sale price (AED 801K, 31 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 800,897
Deposit, UAE resident (20%)
AED 160,179
Deposit, non-resident (40%)
AED 320,359
Monthly over 25 years at 3.7%
AED 3,277

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