318, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 318, Glitz Residence 1
What is 318 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 762 sqft
- Floor
- 3rd of 8
- Parking
- G-37
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 12,900 /yr
- Last sold
- AED 775K · May 2015
- Building
- Glitz Residence 1
About 318, Glitz Residence 1
318 is a one-bedroom apartment of 762 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 7 May 2015 for AED 775,417, or AED 1,017 per sqft, 6% below the AED 1,081 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 54,300 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 12,900 a year.
Sales and rents for 318 over time
318 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 318 sits
All 66 1-beds →318 last sold in May 2015 at AED 1,017 per sqft, 6% below 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. 318's AED 54,300 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 | |
| 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 | |
| 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, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 7 May 2015 for AED 775,417, or AED 1,017 per sqft.
- Rented since December 2017 on 11 Ejari contracts. The rent fell from AED 60,000 to AED 34,000 in 2022 and recovered to AED 54,300 by January 2026.
- At AED 54,300 a year the gross yield on the 2015 price is 7.0%, before a service charge of about AED 12,900 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 January 2026.
Questions about 318, Glitz Residence 1
What did unit 318 last sell for?
AED 775,417 on 7 May 2015, sold by the developer: AED 1,017 per sqft for 762 sqft. It is the only registered sale of the unit.
What is the rent for unit 318?
AED 54,300 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 51,750; the unit has been rented since December 2017.
How big is unit 318?
762 sqft (70.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.
What is unit 318 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 318, Glitz Residence 1
Starts from the last sale price (AED 775K, 7 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 775,417
- Deposit, UAE resident (20%)
- AED 155,083
- Deposit, non-resident (40%)
- AED 310,167
- Monthly over 25 years at 3.7%
- AED 3,172
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →