2-bed · 1,200 sqftGlitz Residence 1, Dubai Studio City · 4th floor · completed 2017

403, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 1.07M7 June 2015
Current rentAED 84K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Glitz Residence 1

What is 403 worth today?

Last sold for AED 1,071,133 in 2015

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15 Oct 2026RentedNew contract
AED 83,775/yr12 months · AED 70 per sqft
1 Sep 2025RentedNew contract
AED 87,000/yr12 months · AED 73 per sqft
25 Apr 2025RentedNew contract
AED 84,000/yr12 months · AED 70 per sqft
25 Apr 2025RentedNew contract
AED 84,000/yr12 months · AED 70 per sqft
7 Jan 2024RentedNew contract
AED 64,240/yr12 months · AED 54 per sqft
8 Jan 2020RentedNew contract
AED 60,000/yr12 months · AED 50 per sqft
23 Nov 2018RentedRenewal
AED 80,000/yr12 months · AED 67 per sqft
23 Nov 2017RentedNew contract
AED 85,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
2-bed apartment
Size
1,200 sqft
Floor
4th of 8
Parking
B-131, B-132
Developer
Danube Properties Development
Completed
2017
Service charge
AED 20,300 /yr
Last sold
AED 1.07M · June 2015

About 403, Glitz Residence 1

403 is a two-bedroom apartment of 1,200 sqft on the 4th 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 June 2015 for AED 1,071,133, or AED 892 per sqft, in line with the AED 910 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 15 October 2026, is AED 83,775 a year: a gross yield of 7.8% on the 2015 price, before the service charge of about AED 20,300 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in Glitz Residence 1
900K1M1.1M2015201820212024Typical sale price by year: 2015 AED 1,083,081; 2023 AED 900,000; 2025 AED 1,050,000Sold by developer, June 2015: AED 1,071,133 (AED 892 per sqft)

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

Rents
Unit 403, each contractTypical two-bed in Glitz Residence 1
60K80K2017202020232026Typical rent by year: 2017 AED 80,000; 2018 AED 80,000; 2019 AED 73,000; 2020 AED 55,000; 2021 AED 52,500; 2022 AED 59,700; 2023 AED 68,125; 2024 AED 75,825; 2025 AED 80,000; 2026 AED 80,000New contract, November 2017: AED 85,000 a yearRenewal, November 2018: AED 80,000 a yearNew contract, January 2020: AED 60,000 a yearNew contract, January 2024: AED 64,240 a yearNew contract, April 2025: AED 84,000 a yearNew contract, April 2025: AED 84,000 a yearNew contract, September 2025: AED 87,000 a yearNew contract, October 2026: AED 83,775 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Glitz Residence 1, and where 403 sits

All 32 2-beds →

403 last sold in June 2015 at AED 892 per sqft, in line with what two-beds in Glitz Residence 1 were fetching at the time (AED 910). Over the last 12 months two-beds sold for AED 1,070,000, around AED 910 per sqft, and rent for AED 69,300 to 113,000 a year. 403's AED 83,775 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Sep 20261,070,000
8 May 20251,100,000
21 Apr 20251,050,000
15 Apr 20251,050,000
1 2-bed sale 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 4th floor

All 146 units in Glitz Residence 1
Value
4011-bedAED 510K · Mar 2023
402StudioAED 540K · Nov 2025
4042-bedAED 1.1M · May 2025
405StudioAED 511K · Aug 2015
4061-bedAED 745K · Jun 2015
4071-bedAED 805K · Aug 2015
4081-bedAED 745K · Jul 2015
1–7 of 17

403, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 7 June 2015 for AED 1,071,133, or AED 892 per sqft.
  • Rented since November 2017 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2020 and recovered to AED 83,775 by October 2026.
  • At AED 83,775 a year the gross yield on the 2015 price is 7.8%, before a service charge of about AED 20,300 a year (AED 16.96 per sqft).
  • Two-beds in Glitz Residence 1 sold for AED 1,070,000–1,070,000 in the 12 months to November 2026; the building's median across all types is AED 990 per sqft.

Source: Dubai Land Department. Updated 15 October 2026.

Questions about 403, Glitz Residence 1

What did unit 403 last sell for?

AED 1,071,133 on 7 June 2015, sold by the developer: AED 892 per sqft for 1,200 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 83,775 a year on the contract signed on 15 October 2026. The previous contract, from September 2025, was AED 87,000; the unit has been rented since November 2017.

How big is unit 403?

1,200 sqft (111.5 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Glitz Residence 1 sold for AED 1,070,000 to 1,070,000 in the last 12 months, around AED 910 per sqft.

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Mortgage on 403, Glitz Residence 1

Starts from the last sale price (AED 1.07M, 7 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,071,133
Deposit, UAE resident (20%)
AED 214,227
Deposit, non-resident (40%)
AED 428,453
Monthly over 25 years at 3.7%
AED 4,382

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