602, Glitz Residence 1
Sold prices and rental history: sold 3 times, last in May 2025, 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 602, Glitz Residence 1
What is 602 worth today?
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Source: Dubai Land Department. Updated 20 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 465 sqft
- Floor
- 6th of 8
- Parking
- B-26
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 7,900 /yr
- Last sold
- AED 530K · May 2025
- Building
- Glitz Residence 1
About 602, Glitz Residence 1
602 is a studio of 465 sqft on the 6th floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 2 May 2025 for AED 530,000, or AED 1,140 per sqft.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 20 May 2026, is AED 45,000 a year: a gross yield of 8.5% on the 2025 price, before the service charge of about AED 7,900 a year.
Sales and rents for 602 over time
602 has sold 3 times; 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 602 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. 602's AED 45,000 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 6th floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 786 sqft | AED 787KAED 787,238 · Jun 2015June 2015 | 59,000 /yr | |
| 603 | 2-bed | 1,200 sqft | AED 1.05MAED 1,050,000 · Apr 2025April 2025 | 81,000 /yr | |
| 604 | 2-bed | 1,196 sqft | AED 1.09MAED 1,094,535 · Aug 2015August 2015 | 82,000 /yr | |
| 605 | Studio | 490 sqft | AED 516KAED 515,638 · Aug 2015August 2015 | 44,000 /yr | |
| 606 | 1-bed | 672 sqft | AED 540KAED 540,000 · Nov 2023November 2023 | 47,250 /yr | |
| 607 | 1-bed | 739 sqft | AED 812KAED 811,979 · Aug 2015August 2015 | 55,000 /yr | |
| 608 | 1-bed | 674 sqft | AED 630KAED 630,000 · May 2024May 2024 | 37,000 /yr | |
| 609 | 3-bed | 1,647 sqft | AED 1.49MAED 1,491,822 · Jun 2015June 2015 | 117,000 /yr | |
| 610 | 3-bed | 1,647 sqft | AED 1.17MAED 1,170,000 · May 2024May 2024 | 83,160 /yr | |
| 611 | 1-bed | 675 sqft | AED 752KAED 751,717 · Jun 2015June 2015 | 58,000 /yr | |
| 612 | 1-bed | 739 sqft | AED 812KAED 811,979 · Feb 2015February 2015 | 60,000 /yr | |
| 613 | 1-bed | 674 sqft | AED 570KAED 570,000 · Mar 2024March 2024 | 65,000 /yr | |
| 614 | Studio | 490 sqft | AED 470KAED 470,000 · Mar 2026March 2026 | 42,000 /yr | |
| 615 | 2-bed | 1,197 sqft | AED 1.09MAED 1,094,535 · Aug 2015August 2015 | 89,000 /yr | |
| 616 | 2-bed | 1,175 sqft | AED 1.1MAED 1,097,106 · May 2017May 2017 | 80,000 /yr | |
| 617 | Studio | 451 sqft | AED 488KAED 487,609 · Aug 2015August 2015 | 50,000 /yr | |
| 618 | 1-bed | 762 sqft | AED 407KAED 406,600 · Oct 2022October 2022 | 60,000 /yr |
602, Glitz Residence 1 in numbers
- Sold 3 times: first on 3 August 2015 for AED 487,609, last on 2 May 2025 for AED 530,000 (AED 1,140 per sqft).
- Rented since January 2018 on 8 Ejari contracts. The rent fell from AED 45,000 to AED 25,200 in 2021 and recovered to AED 45,000 by May 2026.
- At AED 45,000 a year the gross yield on the 2025 price is 8.5%, 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 20 May 2026.
Questions about 602, Glitz Residence 1
What did unit 602 last sell for?
AED 530,000 on 2 May 2025: AED 1,140 per sqft for 465 sqft. The unit has 3 registered sales; the first was AED 487,609 in August 2015.
What is the rent for unit 602?
AED 45,000 a year on the contract renewed on 20 May 2026. The previous contract, from May 2025, was AED 45,000; the unit has been rented since January 2018.
How big is unit 602?
465 sqft (43.2 sqm): a studio on the 6th floor of a 8-storey tower completed in 2017.
What is unit 602 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 602, Glitz Residence 1
Starts from the last sale price (AED 530K, 2 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 530,000
- Deposit, UAE resident (20%)
- AED 106,000
- Deposit, non-resident (40%)
- AED 212,000
- Monthly over 25 years at 3.7%
- AED 2,168
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →