312, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in February 2015, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 312, Glitz Residence 1
What is 312 worth today?
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Source: Dubai Land Department. Updated 20 July 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 739 sqft
- Floor
- 3rd of 8
- Parking
- G-35
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 12,500 /yr
- Last sold
- AED 801K · February 2015
- Building
- Glitz Residence 1
About 312, Glitz Residence 1
312 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 26 February 2015 for AED 800,897, or AED 1,083 per sqft, in line with the AED 1,081 one-beds in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 20 July 2022, is AED 37,000 a year: a gross yield of 4.6% on the 2015 price, before the service charge of about AED 12,500 a year.
Sales and rents for 312 over time
312 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 312 sits
All 66 1-beds →312 last sold in February 2015 at AED 1,083 per sqft, in line with what one-beds in Glitz Residence 1 were fetching at the time (AED 1,081). 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. 312's AED 37,000 is at the bottom 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 | |
| 308 | 1-bed | 674 sqft | AED 742KAED 741,640 · 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 | |
| 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 |
312, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 26 February 2015 for AED 800,897, or AED 1,083 per sqft.
- Rented since December 2019 on 2 Ejari contracts, from AED 48,000 to AED 37,000 a year.
- At AED 37,000 a year the gross yield on the 2015 price is 4.6%, 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 20 July 2022.
Questions about 312, Glitz Residence 1
What did unit 312 last sell for?
AED 800,897 on 26 February 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 312?
AED 37,000 a year on the contract signed on 20 July 2022. The previous contract, from December 2019, was AED 48,000.
How big is unit 312?
739 sqft (68.7 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.
What is unit 312 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 312, Glitz Residence 1
Starts from the last sale price (AED 801K, 26 February 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 →