509, 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.
Property timeline for 509, Glitz Residence 1
What is 509 worth today?
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Source: Dubai Land Department. Updated 25 November 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,647 sqft
- Floor
- 5th of 8
- Parking
- B-117, B-118
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 27,900 /yr
- Last sold
- AED 1.49M · August 2015
- Building
- Glitz Residence 1
About 509, Glitz Residence 1
509 is a three-bedroom apartment of 1,647 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 1,487,708, or AED 903 per sqft, in line with the AED 903 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 25 November 2025, is AED 114,000 a year: a gross yield of 7.7% on the 2015 price, before the service charge of about AED 27,900 a year.
Sales and rents for 509 over time
509 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Glitz Residence 1, and where 509 sits
All 14 3-beds →509 last sold in August 2015 at AED 903 per sqft, in line with what three-beds in Glitz Residence 1 were fetching at the time (AED 903). 509's AED 114,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jul 202528 July 2025 | 1,647 sqft | 1,530,000 | 928 | ||
| 10 Jul 202410 July 2024 | 1,647 sqft | 1,225,000 | 743 | ||
| 20 Jun 202420 June 2024 | 1,647 sqft | 1,350,000 | 819 | ||
| 24 May 202424 May 2024 | 1,647 sqft | 1,170,000 | 710 |
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 | |
| 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 | |
| 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 |
509, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 31 August 2015 for AED 1,487,708, or AED 903 per sqft.
- Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 70,000 in 2021 and recovered to AED 114,000 by November 2025.
- At AED 114,000 a year the gross yield on the 2015 price is 7.7%, before a service charge of about AED 27,900 a year (AED 16.96 per sqft).
Source: Dubai Land Department. Updated 25 November 2025.
Questions about 509, Glitz Residence 1
What did unit 509 last sell for?
AED 1,487,708 on 31 August 2015, sold by the developer: AED 903 per sqft for 1,647 sqft. It is the only registered sale of the unit.
What is the rent for unit 509?
AED 114,000 a year on the contract renewed on 25 November 2025. The previous contract, from November 2024, was AED 112,000; the unit has been rented since December 2017.
How big is unit 509?
1,647 sqft (153.0 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.
What is unit 509 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 509, Glitz Residence 1
Starts from the last sale price (AED 1.49M, 31 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,487,708
- Deposit, UAE resident (20%)
- AED 297,542
- Deposit, non-resident (40%)
- AED 595,083
- Monthly over 25 years at 3.7%
- AED 6,087
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →