Studio · 451 sqftGlitz Residence 1, Dubai Studio City · 3rd floor · completed 2017

317, Glitz Residence 1

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 317 · DLD and Ejari recordsUpdated 14 November 2025
Last soldAED 342K3 November 2021
Current rentAED 43K /yr14 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 317, Glitz Residence 1

What is 317 worth today?

Last sold for AED 342,000 in 2021

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14 Nov 2025RentedRenewal
AED 43,000/yr12 months · AED 95 per sqft
14 Nov 2024RentedNew contract
AED 43,000/yr12 months · AED 95 per sqft
20 Oct 2023RentedRenewal
AED 30,800/yr12 months · AED 68 per sqft
20 Oct 2022RentedNew contract
AED 28,000/yr12 months · AED 62 per sqft
3 Nov 2021SoldReady
AED 342,000AED 757 per sqft
1 Aug 2021RentedNew contract
AED 26,000/yr12 months · AED 58 per sqft
1 Jun 2020RentedRenewal
AED 26,000/yr12 months · AED 58 per sqft
1 Jun 2019RentedNew contract
AED 30,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 14 November 2025.

Key facts

Type
Studio apartment
Size
451 sqft
Floor
3rd of 8
Parking
G-26
Developer
Danube Properties Development
Completed
2017
Service charge
AED 7,700 /yr
Last sold
AED 342K · November 2021

About 317, Glitz Residence 1

317 is a studio of 451 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 3 November 2021 for AED 342,000, or AED 757 per sqft.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 14 November 2025, is AED 43,000 a year: a gross yield of 12.6% on the 2021 price, before the service charge of about AED 7,700 a year.

Sales and rents for 317 over time

Sales
Unit 317, 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 1,065 per sqft)Sold, November 2021: AED 342,000 (AED 757 per sqft)

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

Rents
Unit 317, each contractTypical studio in Glitz Residence 1
30K40K2017202020232026Typical 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, June 2019: AED 30,000 a yearRenewal, June 2020: AED 26,000 a yearNew contract, August 2021: AED 26,000 a yearNew contract, October 2022: AED 28,000 a yearRenewal, October 2023: AED 30,800 a yearNew contract, November 2024: AED 43,000 a yearRenewal, November 2025: AED 43,000 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 317 sits

All 34 studios →

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. 317's AED 43,000 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
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

317, Glitz Residence 1 in numbers

  • Sold twice: first on 31 August 2015 for AED 480,570, last on 3 November 2021 for AED 342,000 (AED 757 per sqft).
  • Rented since June 2019 on 7 Ejari contracts. The rent fell from AED 30,000 to AED 26,000 in 2021 and recovered to AED 43,000 by November 2025.
  • At AED 43,000 a year the gross yield on the 2021 price is 12.6%, before a service charge of about AED 7,700 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 14 November 2025.

Questions about 317, Glitz Residence 1

What did unit 317 last sell for?

AED 342,000 on 3 November 2021: AED 757 per sqft for 451 sqft. The unit has 2 registered sales; the first was AED 480,570 in August 2015.

What is the rent for unit 317?

AED 43,000 a year on the contract renewed on 14 November 2025. The previous contract, from November 2024, was AED 43,000; the unit has been rented since June 2019.

How big is unit 317?

451 sqft (41.9 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 317 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 317, Glitz Residence 1

Starts from the last sale price (AED 342K, 3 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 342,000
Deposit, UAE resident (20%)
AED 68,400
Deposit, non-resident (40%)
AED 136,800
Monthly over 25 years at 3.7%
AED 1,399

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