308, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in August 2015, 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 308, Glitz Residence 1
What is 308 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 674 sqft
- Floor
- 3rd of 8
- Parking
- G-33
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 11,400 /yr
- Last sold
- AED 742K · August 2015
- Building
- Glitz Residence 1
About 308, Glitz Residence 1
308 is a one-bedroom apartment of 674 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 10 August 2015 for AED 741,640, or AED 1,099 per sqft, in line with the AED 1,094 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 October 2025, is AED 60,000 a year: a gross yield of 8.1% on the 2015 price, before the service charge of about AED 11,400 a year.
Sales and rents for 308 over time
308 has sold once; the dashed line is the one-bed median of each year in the building.
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 308 sits
All 66 1-beds →308 last sold in August 2015 at AED 1,099 per sqft, in line with what one-beds in Glitz Residence 1 were fetching at the time (AED 1,094). 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. 308's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jun 202623 June 2026 | 674 sqft | 750,000 | 1,112 | ||
| 1 Jun 20261 June 2026 | 675 sqft | 665,000 | 985 | ||
| 17 Mar 202617 March 2026 | 675 sqft | 770,000 | 1,140 | ||
| 6 Jan 20266 January 2026 | 762 sqft | 760,000 | 997 |
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 3rd floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 786 sqft | AED 475KAED 475,000 · Feb 2023February 2023 | 62,000 /yr | |
| 302 | Studio | 465 sqft | AED 380KAED 380,000 · Jul 2023July 2023 | 41,000 /yr | |
| 303 | 2-bed | 1,200 sqft | AED 1.07MAED 1,068,146 · Aug 2015August 2015 | 81,000 /yr | |
| 304 | 2-bed | 1,196 sqft | AED 1.09MAED 1,085,579 · Jun 2015June 2015 | 113,000 /yr | |
| 305 | Studio | 490 sqft | AED 508KAED 508,299 · Apr 2015April 2015 | 38,587 /yr | |
| 306 | 1-bed | 672 sqft | AED 500KAED 500,000 · Jul 2023July 2023 | 39,893 /yr | |
| 307 | 1-bed | 739 sqft | AED 801KAED 800,897 · Aug 2015August 2015 | 60,000 /yr | |
| 309 | 3-bed | 1,647 sqft | AED 850KAED 850,000 · Feb 2021February 2021 | 122,000 /yr | |
| 310 | 3-bed | 1,647 sqft | AED 1.48MAED 1,479,479 · Aug 2015August 2015 | 125,000 /yr | |
| 311 | 1-bed | 675 sqft | AED 742KAED 741,640 · Aug 2015August 2015 | 60,000 /yr | |
| 312 | 1-bed | 739 sqft | AED 801KAED 800,897 · Feb 2015February 2015 | 37,000 /yr | |
| 313 | 1-bed | 674 sqft | AED 680KAED 680,000 · Feb 2025February 2025 | 50,820 /yr | |
| 314 | Studio | 490 sqft | AED 508KAED 508,299 · Aug 2015August 2015 | 41,000 /yr | |
| 315 | 2-bed | 1,197 sqft | AED 1.09MAED 1,085,579 · Jun 2015June 2015 | 80,000 /yr | |
| 316 | 2-bed | 1,175 sqft | AED 900KAED 900,000 · Dec 2023December 2023 | 75,000 /yr | |
| 317 | Studio | 451 sqft | AED 342KAED 342,000 · Nov 2021November 2021 | 43,000 /yr | |
| 318 | 1-bed | 762 sqft | AED 775KAED 775,417 · May 2015May 2015 | 54,300 /yr |
308, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 10 August 2015 for AED 741,640, or AED 1,099 per sqft.
- Rented since February 2018 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 37,000 in 2021 and recovered to AED 60,000 by October 2025.
- At AED 60,000 a year the gross yield on the 2015 price is 8.1%, before a service charge of about AED 11,400 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 1 October 2025.
Questions about 308, Glitz Residence 1
What did unit 308 last sell for?
AED 741,640 on 10 August 2015, sold by the developer: AED 1,099 per sqft for 674 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 60,000 a year on the contract signed on 1 October 2025. The previous contract, from July 2024, was AED 55,000; the unit has been rented since February 2018.
How big is unit 308?
674 sqft (62.6 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.
What is unit 308 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 308, Glitz Residence 1
Starts from the last sale price (AED 742K, 10 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 741,640
- Deposit, UAE resident (20%)
- AED 148,328
- Deposit, non-resident (40%)
- AED 296,656
- Monthly over 25 years at 3.7%
- AED 3,034
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →