1-bed · 675 sqftGlitz Residence 1, Dubai Studio City · 3rd floor · completed 2017

311, 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.

Unit 311 · DLD and Ejari recordsUpdated 30 October 2025
Last soldAED 742K10 August 2015
Current rentAED 60K /yr30 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Glitz Residence 1

What is 311 worth today?

Last sold for AED 741,640 in 2015

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30 Oct 2025RentedNew contract
AED 60,000/yr12 months · AED 88 per sqft
1 Sep 2024RentedNew contract
AED 52,000/yr12 months · AED 77 per sqft
1 Sep 2023RentedNew contract
AED 50,000/yr12 months · AED 74 per sqft
2 Sep 2020RentedNew contract
AED 35,000/yr12 months · AED 52 per sqft
1 Feb 2019RentedNew contract
AED 48,000/yr12 months · AED 71 per sqft
19 Jan 2018RentedNew contract
AED 55,000/yr12 months · AED 81 per sqft
10 Aug 2015Sold by developerOff-plan
AED 741,640AED 1,098 per sqft

Source: Dubai Land Department. Updated 30 October 2025.

Key facts

Type
1-bed apartment
Size
675 sqft
Floor
3rd of 8
Parking
G-34
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,400 /yr
Last sold
AED 742K · August 2015

About 311, Glitz Residence 1

311 is a one-bedroom apartment of 675 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 1,098 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 30 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 311 over time

Sales
Unit 311, 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 741,640 (AED 1,098 per sqft)

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

Rents
Unit 311, 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, January 2018: AED 55,000 a yearNew contract, February 2019: AED 48,000 a yearNew contract, September 2020: AED 35,000 a yearNew contract, September 2023: AED 50,000 a yearNew contract, September 2024: AED 52,000 a yearNew contract, October 2025: 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 311 sits

All 66 1-beds →

311 last sold in August 2015 at AED 1,098 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. 311's AED 60,000 is in the lower 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
3071-bedAED 801K · Aug 2015
1–7 of 17

311, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 10 August 2015 for AED 741,640, or AED 1,098 per sqft.
  • Rented since January 2018 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 35,000 in 2020 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 30 October 2025.

Questions about 311, Glitz Residence 1

What did unit 311 last sell for?

AED 741,640 on 10 August 2015, sold by the developer: AED 1,098 per sqft for 675 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 60,000 a year on the contract signed on 30 October 2025. The previous contract, from September 2024, was AED 52,000; the unit has been rented since January 2018.

How big is unit 311?

675 sqft (62.7 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 311 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 311, 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 →