Studio · 451 sqftGlitz Residence 1, Dubai Studio City · 4th floor · completed 2017

417, Glitz Residence 1

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 417 · DLD and Ejari recordsUpdated 5 March 2026
Last soldAED 268K4 November 2022
Current rentAED 37K /yr5 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 417, Glitz Residence 1

What is 417 worth today?

Last sold for AED 268,000 in 2022

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5 Mar 2026RentedNew contract
AED 36,660/yr12 months · AED 81 per sqft
5 Mar 2025RentedRenewal
AED 34,914/yr12 months · AED 77 per sqft
5 Mar 2025RentedRenewal
AED 34,914/yr12 months · AED 77 per sqft
5 Mar 2024RentedNew contract
AED 30,360/yr12 months · AED 67 per sqft
5 Mar 2023RentedRenewal
AED 27,600/yr12 months · AED 61 per sqft
4 Nov 2022SoldReady
AED 268,000AED 593 per sqft
5 Mar 2022RentedNew contract
AED 24,000/yr12 months · AED 53 per sqft
10 Sep 2020RentedNew contract
AED 28,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 5 March 2026.

Key facts

Type
Studio apartment
Size
451 sqft
Floor
4th of 8
Parking
G-24
Developer
Danube Properties Development
Completed
2017
Service charge
AED 7,700 /yr
Last sold
AED 268K · November 2022

About 417, Glitz Residence 1

417 is a studio of 451 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 4 November 2022 for AED 268,000, or AED 593 per sqft.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 5 March 2026, is AED 36,660 a year: a gross yield of 13.7% on the 2022 price, before the service charge of about AED 7,700 a year.

Sales and rents for 417 over time

Sales
Unit 417, each saleTypical studio in Glitz Residence 1
400K20152018202120242027Typical sale price by year: 2015 AED 492,302; 2023 AED 370,000; 2025 AED 485,000; 2026 AED 490,000Sold by developer, September 2015: AED 482,916 (AED 1,070 per sqft)Sold, November 2022: AED 268,000 (AED 593 per sqft)

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

Rents
Unit 417, 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, August 2018: AED 37,000 a yearNew contract, June 2019: AED 30,000 a yearNew contract, September 2020: AED 28,000 a yearNew contract, March 2022: AED 24,000 a yearRenewal, March 2023: AED 27,600 a yearNew contract, March 2024: AED 30,360 a yearRenewal, March 2025: AED 34,914 a yearRenewal, March 2025: AED 34,914 a yearNew contract, March 2026: AED 36,660 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 417 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. 417's AED 36,660 is at the bottom 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 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

417, Glitz Residence 1 in numbers

  • Sold twice: first on 21 September 2015 for AED 482,916, last on 4 November 2022 for AED 268,000 (AED 593 per sqft).
  • Rented since August 2018 on 9 Ejari contracts. The rent fell from AED 37,000 to AED 24,000 in 2022 and recovered to AED 36,660 by March 2026.
  • At AED 36,660 a year the gross yield on the 2022 price is 13.7%, 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 5 March 2026.

Questions about 417, Glitz Residence 1

What did unit 417 last sell for?

AED 268,000 on 4 November 2022: AED 593 per sqft for 451 sqft. The unit has 2 registered sales; the first was AED 482,916 in September 2015.

What is the rent for unit 417?

AED 36,660 a year on the contract signed on 5 March 2026. The previous contract, from March 2025, was AED 34,914; the unit has been rented since August 2018.

How big is unit 417?

451 sqft (41.9 sqm): a studio on the 4th floor of a 8-storey tower completed in 2017.

What is unit 417 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 417, Glitz Residence 1

Starts from the last sale price (AED 268K, 4 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 268,000
Deposit, UAE resident (20%)
AED 53,600
Deposit, non-resident (40%)
AED 107,200
Monthly over 25 years at 3.7%
AED 1,096

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