502, Glitz Residence 1
Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Glitz Residence 1
What is 502 worth today?
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Source: Dubai Land Department. Updated 26 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 465 sqft
- Floor
- 5th of 8
- Parking
- B-59
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 7,900 /yr
- Last sold
- AED 360K · February 2023
- Building
- Glitz Residence 1
About 502, Glitz Residence 1
502 is a studio of 465 sqft on the 5th floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 3 February 2023 for AED 360,000, or AED 774 per sqft, 9% above the AED 709 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 26 June 2026, is AED 43,500 a year: a gross yield of 12.1% on the 2023 price, before the service charge of about AED 7,900 a year.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the studio median of each year in the building.
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 502 sits
All 34 studios →502 last sold in February 2023 at AED 774 per sqft, 9% above what studios in Glitz Residence 1 were fetching at the time (AED 709). 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. 502's AED 43,500 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 574 sqft | 505,000 | 879 | ||
| 21 Sep 202621 September 2026 | 490 sqft | 485,000 | 990 | ||
| 9 Jul 20269 July 2026 | 484 sqft | 490,000 | 1,011 | ||
| 15 May 202615 May 2026 | 490 sqft | 495,000 | 1,010 |
Glitz Residence 1
Building146 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%
Other units on the 5th floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 786 sqft | AED 480KAED 480,000 · Aug 2022August 2022 | 72,000 /yr | |
| 503 | 2-bed | 1,200 sqft | AED 1.07MAED 1,074,120 · Jun 2015June 2015 | 85,470 /yr | |
| 504 | 2-bed | 1,196 sqft | AED 1.09MAED 1,091,550 · Aug 2015August 2015 | 69,300 /yr | |
| 505 | Studio | 490 sqft | AED 390KAED 390,000 · Sep 2021September 2021 | 38,000 /yr | |
| 506 | 1-bed | 672 sqft | AED 652KAED 652,000 · Feb 2025February 2025 | 44,000 /yr | |
| 507 | 1-bed | 739 sqft | AED 430KAED 430,000 · Oct 2020October 2020 | 55,000 /yr | |
| 508 | 1-bed | 674 sqft | AED 748KAED 748,358 · Apr 2015April 2015 | 60,000 /yr | |
| 509 | 3-bed | 1,647 sqft | AED 1.49MAED 1,487,708 · Aug 2015August 2015 | 114,000 /yr | |
| 510 | 3-bed | 1,647 sqft | AED 1.49MAED 1,487,708 · Aug 2015August 2015 | ||
| 511 | 1-bed | 675 sqft | AED 400KAED 400,000 · Aug 2021August 2021 | 60,000 /yr | |
| 512 | 1-bed | 739 sqft | AED 808KAED 808,285 · Aug 2015August 2015 | 41,000 /yr | |
| 513 | 1-bed | 674 sqft | AED 748KAED 748,358 · Aug 2015August 2015 | 50,715 /yr | |
| 514 | Studio | 490 sqft | AED 495KAED 495,000 · May 2026May 2026 | 49,000 /yr | |
| 515 | 2-bed | 599 sqft | AED 1.09MAED 1,091,550 · Jul 2015July 2015 | 71,400 /yr | |
| 516 | 2-bed | 1,175 sqft | AED 537KAED 537,060 · Apr 2018April 2018 | ||
| 517 | Studio | 451 sqft | AED 510KAED 510,000 · May 2017May 2017 | 47,000 /yr | |
| 518 | 1-bed | 762 sqft | AED 760KAED 760,000 · Jan 2026January 2026 | 73,000 /yr |
502, Glitz Residence 1 in numbers
- Sold twice: first on 19 April 2015 for AED 485,263, last on 3 February 2023 for AED 360,000 (AED 774 per sqft).
- Rented since December 2020 on 5 Ejari contracts, from AED 27,000 to AED 43,500 a year.
- At AED 43,500 a year the gross yield on the 2023 price is 12.1%, before a service charge of about AED 7,900 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 26 June 2026.
Questions about 502, Glitz Residence 1
What did unit 502 last sell for?
AED 360,000 on 3 February 2023: AED 774 per sqft for 465 sqft. The unit has 2 registered sales; the first was AED 485,263 in April 2015.
What is the rent for unit 502?
AED 43,500 a year on the contract renewed on 26 June 2026. The previous contract, from June 2025, was AED 43,500; the unit has been rented since December 2020.
How big is unit 502?
465 sqft (43.2 sqm): a studio on the 5th floor of a 8-storey tower completed in 2017.
What is unit 502 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 502, Glitz Residence 1
Starts from the last sale price (AED 360K, 3 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 360,000
- Deposit, UAE resident (20%)
- AED 72,000
- Deposit, non-resident (40%)
- AED 144,000
- Monthly over 25 years at 3.7%
- AED 1,473
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →