1-bed · 674 sqftGlitz Residence 1, Dubai Studio City · 6th floor · completed 2017

608, Glitz Residence 1

Sold prices and rental history: sold 3 times, last in May 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 16 May 2024
Last soldAED 630K16 May 2024
Current rentAED 37K /yr26 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Glitz Residence 1

What is 608 worth today?

Last sold for AED 630,000 in 2024

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16 May 2024SoldReady
AED 630,000AED 934 per sqft
16 Oct 2023SoldReady
AED 600,000AED 889 per sqft
26 Jul 2021RentedNew contract
AED 37,000/yr12 months · AED 55 per sqft
1 Aug 2018RentedNew contract
AED 45,000/yr12 months · AED 66 per sqft
16 Aug 2015Sold by developerOff-plan
AED 751,717AED 1,114 per sqft

Source: Dubai Land Department. Updated 16 May 2024.

Key facts

Type
1-bed apartment
Size
674 sqft
Floor
6th of 8
Parking
B-07
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,400 /yr
Last sold
AED 630K · May 2024

About 608, Glitz Residence 1

608 is a one-bedroom apartment of 674 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 16 May 2024 for AED 630,000, or AED 934 per sqft, 17% above the AED 798 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 26 July 2021, is AED 37,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 11,400 a year.

Sales and rents for 608 over time

Sales
Unit 608, 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 1,114 per sqft)Sold, October 2023: AED 600,000 (AED 889 per sqft)Sold, May 2024: AED 630,000 (AED 934 per sqft)

608 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 608, 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 2018: AED 45,000 a yearNew contract, July 2021: AED 37,000 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 608 sits

All 66 1-beds →

608 last sold in May 2024 at AED 934 per sqft, 17% above what one-beds in Glitz Residence 1 were fetching at the time (AED 798). 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. 608's AED 37,000 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
6061-bedAED 540K · Nov 2023
6071-bedAED 812K · Aug 2015
1–7 of 17

608, Glitz Residence 1 in numbers

  • Sold 3 times: first on 16 August 2015 for AED 751,717, last on 16 May 2024 for AED 630,000 (AED 934 per sqft).
  • Rented since August 2018 on 2 Ejari contracts, from AED 45,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2024 price is 5.9%, 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 16 May 2024.

Questions about 608, Glitz Residence 1

What did unit 608 last sell for?

AED 630,000 on 16 May 2024: AED 934 per sqft for 674 sqft. The unit has 3 registered sales; the first was AED 751,717 in August 2015.

What is the rent for unit 608?

AED 37,000 a year on the contract signed on 26 July 2021. The previous contract, from August 2018, was AED 45,000.

How big is unit 608?

674 sqft (62.6 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2017.

What is unit 608 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 608, Glitz Residence 1

Starts from the last sale price (AED 630K, 16 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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