504, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Glitz Residence 1
What is 504 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,196 sqft
- Floor
- 5th of 8
- Parking
- B-112, B-113
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.09M · August 2015
- Building
- Glitz Residence 1
About 504, Glitz Residence 1
504 is a two-bedroom apartment of 1,196 sqft on the 5th 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 31 August 2015 for AED 1,091,550, or AED 913 per sqft, in line with the AED 909 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 69,300 a year: a gross yield of 6.3% on the 2015 price, before the service charge of about AED 20,300 a year.
Sales and rents for 504 over time
504 has sold once; the dashed line is the two-bed median of each year in the building.
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 504 sits
All 32 2-beds →504 last sold in August 2015 at AED 913 per sqft, in line with what two-beds in Glitz Residence 1 were fetching at the time (AED 909). 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. 504's AED 69,300 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20263 September 2026 | 1,175 sqft | 1,070,000 | 910 | ||
| 8 May 20258 May 2025 | 1,196 sqft | 1,100,000 | 920 | ||
| 21 Apr 202521 April 2025 | 1,197 sqft | 1,050,000 | 877 | ||
| 15 Apr 202515 April 2025 | 1,200 sqft | 1,050,000 | 875 |
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 | |
| 502 | Studio | 465 sqft | AED 360KAED 360,000 · Feb 2023February 2023 | 43,500 /yr | |
| 503 | 2-bed | 1,200 sqft | AED 1.07MAED 1,074,120 · Jun 2015June 2015 | 85,470 /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 |
504, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 31 August 2015 for AED 1,091,550, or AED 913 per sqft.
- Rented since January 2018 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 55,000 in 2023 and recovered to AED 69,300 by January 2026.
- At AED 69,300 a year the gross yield on the 2015 price is 6.3%, 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 1 January 2026.
Questions about 504, Glitz Residence 1
What did unit 504 last sell for?
AED 1,091,550 on 31 August 2015, sold by the developer: AED 913 per sqft for 1,196 sqft. It is the only registered sale of the unit.
What is the rent for unit 504?
AED 69,300 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 66,000; the unit has been rented since January 2018.
How big is unit 504?
1,196 sqft (111.1 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.
What is unit 504 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 504, Glitz Residence 1
Starts from the last sale price (AED 1.09M, 31 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,091,550
- Deposit, UAE resident (20%)
- AED 218,310
- Deposit, non-resident (40%)
- AED 436,620
- Monthly over 25 years at 3.7%
- AED 4,466
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →