1-bed · 762 sqftGlitz Residence 1, Dubai Studio City · 4th floor · completed 2017

418, Glitz Residence 1

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

Unit 418 · DLD and Ejari recordsUpdated 4 July 2026
Last soldAED 779K10 August 2015
Current rentAED 56K /yr4 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 418, Glitz Residence 1

What is 418 worth today?

Last sold for AED 779,358 in 2015

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4 Jul 2026RentedNew contract
AED 56,000/yr12 months · AED 73 per sqft
15 Dec 2025RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft
10 Nov 2025RentedNew contract
AED 62,000/yr12 months · AED 81 per sqft
15 Oct 2025RentedRenewal
AED 85,000/yr12 months · AED 111 per sqft
15 Oct 2024RentedRenewal
AED 55,000/yr12 months · AED 72 per sqft
15 Oct 2023RentedRenewal
AED 50,000/yr12 months · AED 65 per sqft
15 Oct 2022RentedNew contract
AED 42,000/yr12 months · AED 55 per sqft
13 May 2021RentedRenewal
AED 30,335/yr15 months · AED 40 per sqft

Source: Dubai Land Department. Updated 4 July 2026.

Key facts

Type
1-bed apartment
Size
762 sqft
Floor
4th of 8
Parking
B-48
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,900 /yr
Last sold
AED 779K · August 2015

About 418, Glitz Residence 1

418 is a one-bedroom apartment of 762 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 10 August 2015 for AED 779,358, or AED 1,023 per sqft, 6% below the AED 1,094 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, signed on 4 July 2026, is AED 56,000 a year: a gross yield of 7.2% on the 2015 price, before the service charge of about AED 12,900 a year.

Sales and rents for 418 over time

Sales
Unit 418, each saleTypical one-bed in Glitz Residence 1
400K600K800K20152018202120242027Typical sale price by year: 2015 AED 775,417; 2017 AED 771,477; 2019 AED 555,000; 2020 AED 430,000; 2022 AED 462,500; 2023 AED 512,500; 2024 AED 640,000; 2025 AED 725,000; 2026 AED 755,000Sold by developer, August 2015: AED 779,358 (AED 1,023 per sqft)

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

Rents
Unit 418, each contractTypical one-bed in Glitz Residence 1
25K50K75K2017202020232026Typical rent by year: 2017 AED 60,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 42,000; 2021 AED 35,000; 2022 AED 39,000; 2023 AED 46,000; 2024 AED 56,750; 2025 AED 59,920; 2026 AED 58,750New contract, December 2017: AED 63,000 a yearNew contract, July 2019: AED 50,000 a yearNew contract, May 2020: AED 39,893 a yearRenewal, May 2021: AED 30,335 a yearNew contract, October 2022: AED 42,000 a yearRenewal, October 2023: AED 50,000 a yearRenewal, October 2024: AED 55,000 a yearRenewal, October 2025: AED 85,000 a yearNew contract, November 2025: AED 62,000 a yearNew contract, December 2025: AED 60,000 a yearNew contract, July 2026: AED 56,000 a year

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 418 sits

All 66 1-beds →

418 last sold in August 2015 at AED 1,023 per sqft, 6% below what one-beds in Glitz Residence 1 were fetching at the time (AED 1,094). 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. 418's AED 56,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jun 2026750,000
1 Jun 2026665,000
17 Mar 2026770,000
6 Jan 2026760,000
4 1-bed 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

418, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 10 August 2015 for AED 779,358, or AED 1,023 per sqft.
  • Rented since December 2017 on 11 Ejari contracts. The rent fell from AED 63,000 to AED 30,335 in 2021 and recovered to AED 56,000 by July 2026.
  • At AED 56,000 a year the gross yield on the 2015 price is 7.2%, 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 4 July 2026.

Questions about 418, Glitz Residence 1

What did unit 418 last sell for?

AED 779,358 on 10 August 2015, sold by the developer: AED 1,023 per sqft for 762 sqft. It is the only registered sale of the unit.

What is the rent for unit 418?

AED 56,000 a year on the contract signed on 4 July 2026. The previous contract, from December 2025, was AED 60,000; the unit has been rented since December 2017.

How big is unit 418?

762 sqft (70.8 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 418 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 418, Glitz Residence 1

Starts from the last sale price (AED 779K, 10 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 779,358
Deposit, UAE resident (20%)
AED 155,872
Deposit, non-resident (40%)
AED 311,743
Monthly over 25 years at 3.7%
AED 3,189

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