1-bed · 672 sqftGlitz Residence 1, Dubai Studio City · 6th floor · completed 2017

606, Glitz Residence 1

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 28 November 2023
Last soldAED 540K28 November 2023
Current rentAED 47K /yr11 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Glitz Residence 1

What is 606 worth today?

Last sold for AED 540,000 in 2023

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28 Nov 2023SoldReady
AED 540,000AED 803 per sqft
11 Aug 2022RentedRenewal
AED 47,250/yr12 months · AED 71 per sqft
11 Aug 2021RentedRenewal
AED 45,000/yr12 months · AED 67 per sqft
11 Aug 2020RentedRenewal
AED 47,000/yr12 months · AED 70 per sqft
11 Aug 2019RentedNew contract
AED 47,000/yr12 months · AED 70 per sqft
3 Aug 2015Sold by developerOff-plan
AED 751,717AED 1,118 per sqft

Source: Dubai Land Department. Updated 28 November 2023.

Key facts

Type
1-bed apartment
Size
672 sqft
Floor
6th of 8
Parking
B-05
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,400 /yr
Last sold
AED 540K · November 2023

About 606, Glitz Residence 1

606 is a one-bedroom apartment of 672 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 28 November 2023 for AED 540,000, or AED 803 per sqft, 19% above the AED 672 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 11 August 2022, is AED 47,250 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 11,400 a year.

Sales and rents for 606 over time

Sales
Unit 606, 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 751,717 (AED 1,118 per sqft)Sold, November 2023: AED 540,000 (AED 803 per sqft)

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

Rents
Unit 606, each contractTypical one-bed in Glitz Residence 1
40K60K2017202020232026Typical 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, August 2019: AED 47,000 a yearRenewal, August 2020: AED 47,000 a yearRenewal, August 2021: AED 45,000 a yearRenewal, August 2022: AED 47,250 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 606 sits

All 66 1-beds →

606 last sold in November 2023 at AED 803 per sqft, 19% above what one-beds in Glitz Residence 1 were fetching at the time (AED 672). 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. 606's AED 47,250 is at the bottom 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 6th floor

All 146 units in Glitz Residence 1
Value
6011-bedAED 787K · Jun 2015
602StudioAED 530K · May 2025
6032-bedAED 1.05M · Apr 2025
6042-bedAED 1.09M · Aug 2015
605StudioAED 516K · Aug 2015
6071-bedAED 812K · Aug 2015
6081-bedAED 630K · May 2024
1–7 of 17

606, Glitz Residence 1 in numbers

  • Sold twice: first on 3 August 2015 for AED 751,717, last on 28 November 2023 for AED 540,000 (AED 803 per sqft).
  • Rented since August 2019 on 4 Ejari contracts, from AED 47,000 to AED 47,250 a year.
  • At AED 47,250 a year the gross yield on the 2023 price is 8.8%, before a service charge of about AED 11,400 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 28 November 2023.

Questions about 606, Glitz Residence 1

What did unit 606 last sell for?

AED 540,000 on 28 November 2023: AED 803 per sqft for 672 sqft. The unit has 2 registered sales; the first was AED 751,717 in August 2015.

What is the rent for unit 606?

AED 47,250 a year on the contract renewed on 11 August 2022. The previous contract, from August 2021, was AED 45,000; the unit has been rented since August 2019.

How big is unit 606?

672 sqft (62.4 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2017.

What is unit 606 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 606, Glitz Residence 1

Starts from the last sale price (AED 540K, 28 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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