2-bed · 1,196 sqftGlitz Residence 1, Dubai Studio City · 4th floor · completed 2017

404, Glitz Residence 1

Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 8 May 2025
Last soldAED 1.1M8 May 2025
Current rentAED 73K /yr6 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Glitz Residence 1

What is 404 worth today?

Last sold for AED 1,100,000 in 2025

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8 May 2025SoldReady
AED 1,100,000AED 920 per sqft
6 Aug 2024RentedRenewal
AED 72,540/yr5 months · AED 61 per sqft
6 Aug 2023RentedNew contract
AED 66,000/yr12 months · AED 55 per sqft
6 Aug 2022RentedNew contract
AED 60,000/yr12 months · AED 50 per sqft
20 May 2021RentedRenewal
AED 52,000/yr12 months · AED 44 per sqft
20 May 2020RentedNew contract
AED 52,000/yr12 months · AED 44 per sqft
2 Jan 2019RentedRenewal
AED 78,000/yr6 months · AED 65 per sqft
2 Jan 2018RentedNew contract
AED 78,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 8 May 2025.

Key facts

Type
2-bed apartment
Size
1,196 sqft
Floor
4th of 8
Parking
B-83, B-84
Developer
Danube Properties Development
Completed
2017
Service charge
AED 20,300 /yr
Last sold
AED 1.1M · May 2025

About 404, Glitz Residence 1

404 is a two-bedroom apartment of 1,196 sqft on the 4th floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 8 May 2025 for AED 1,100,000, or AED 920 per sqft, 5% above the AED 875 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 6 August 2024, is AED 72,540 a year: a gross yield of 6.6% on the 2025 price, before the service charge of about AED 20,300 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, August 2015: AED 1,088,564 (AED 910 per sqft)Sold, May 2025: AED 1,100,000 (AED 920 per sqft)

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

Rents
Unit 404, 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, January 2018: AED 78,000 a yearRenewal, January 2019: AED 78,000 a yearNew contract, May 2020: AED 52,000 a yearRenewal, May 2021: AED 52,000 a yearNew contract, August 2022: AED 60,000 a yearNew contract, August 2023: AED 66,000 a yearRenewal, August 2024: AED 72,540 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 404 sits

All 32 2-beds →

404 last sold in May 2025 at AED 920 per sqft, 5% above what two-beds in Glitz Residence 1 were fetching at the time (AED 875). 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. 404's AED 72,540 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Sep 20261,070,000
21 Apr 20251,050,000
15 Apr 20251,050,000
28 Mar 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
4032-bedAED 1.07M · Jun 2015
405StudioAED 511K · Aug 2015
4061-bedAED 745K · Jun 2015
4071-bedAED 805K · Aug 2015
4081-bedAED 745K · Jul 2015
1–7 of 17

404, Glitz Residence 1 in numbers

  • Sold twice: first on 16 August 2015 for AED 1,088,564, last on 8 May 2025 for AED 1,100,000 (AED 920 per sqft).
  • Rented since January 2018 on 7 Ejari contracts. The rent fell from AED 78,000 to AED 52,000 in 2021 and recovered to AED 72,540 by August 2024.
  • At AED 72,540 a year the gross yield on the 2025 price is 6.6%, 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 8 May 2025.

Questions about 404, Glitz Residence 1

What did unit 404 last sell for?

AED 1,100,000 on 8 May 2025: AED 920 per sqft for 1,196 sqft. The unit has 2 registered sales; the first was AED 1,088,564 in August 2015.

What is the rent for unit 404?

AED 72,540 a year on the contract renewed on 6 August 2024. The previous contract, from August 2023, was AED 66,000; the unit has been rented since January 2018.

How big is unit 404?

1,196 sqft (111.1 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 404 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 404, Glitz Residence 1

Starts from the last sale price (AED 1.1M, 8 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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