2-bed · 1,175 sqftGlitz Residence 1, Dubai Studio City · 4th floor · completed 2017

416, Glitz Residence 1

Sold prices and rental history: sold 3 times, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 29 May 2024
Last soldAED 950K29 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Glitz Residence 1

What is 416 worth today?

Last sold for AED 950,000 in 2024

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29 May 2024SoldReady
AED 950,000AED 808 per sqft
13 Nov 2017SoldOff-plan
AED 1,071,133AED 911 per sqft
21 Apr 2015Sold by developerOff-plan
AED 1,071,133AED 911 per sqft

Source: Dubai Land Department. Updated 29 May 2024.

Key facts

Type
2-bed apartment
Size
1,175 sqft
Floor
4th of 8
Parking
B-139, B-140
Developer
Danube Properties Development
Completed
2017
Service charge
AED 19,900 /yr
Last sold
AED 950K · May 2024

About 416, Glitz Residence 1

416 is a two-bedroom apartment of 1,175 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 29 May 2024 for AED 950,000, or AED 808 per sqft, 5% above the AED 766 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 416 over time

Sales
Unit 416, 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, April 2015: AED 1,071,133 (AED 911 per sqft)Sold, November 2017: AED 1,071,133 (AED 911 per sqft)Sold, May 2024: AED 950,000 (AED 808 per sqft)

416 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 416, 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 80,000

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 416 sits

All 32 2-beds →

416 last sold in May 2024 at AED 808 per sqft, 5% above what two-beds in Glitz Residence 1 were fetching at the time (AED 766). 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.

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
4032-bedAED 1.07M · Jun 2015
4042-bedAED 1.1M · May 2025
405StudioAED 511K · Aug 2015
4061-bedAED 745K · Jun 2015
4071-bedAED 805K · Aug 2015
1–7 of 17

416, Glitz Residence 1 in numbers

  • Sold 3 times: first on 21 April 2015 for AED 1,071,133, last on 29 May 2024 for AED 950,000 (AED 808 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 29 May 2024.

Questions about 416, Glitz Residence 1

What did unit 416 last sell for?

AED 950,000 on 29 May 2024: AED 808 per sqft for 1,175 sqft. The unit has 3 registered sales; the first was AED 1,071,133 in April 2015.

How big is unit 416?

1,175 sqft (109.2 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 416 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 416, Glitz Residence 1

Starts from the last sale price (AED 950K, 29 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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