3-bed · 1,647 sqftGlitz Residence 1, Dubai Studio City · 6th floor · completed 2017

610, Glitz Residence 1

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

Unit 610 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 1.17M24 May 2024
Current rentAED 83K /yr10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 610, Glitz Residence 1

What is 610 worth today?

Last sold for AED 1,170,000 in 2024

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10 Jun 2024RentedRenewal
AED 83,160/yr7 months · AED 50 per sqft
24 May 2024SoldReady
AED 1,170,000AED 710 per sqft
10 Jun 2023RentedNew contract
AED 75,600/yr12 months · AED 46 per sqft
10 Jun 2022RentedRenewal
AED 72,000/yr12 months · AED 44 per sqft
10 Jun 2021RentedRenewal
AED 67,000/yr12 months · AED 41 per sqft
10 Jun 2020RentedNew contract
AED 67,000/yr12 months · AED 41 per sqft
15 May 2018RentedNew contract
AED 88,000/yr12 months · AED 53 per sqft
21 Apr 2015Sold by developerOff-plan
AED 1,491,822AED 905 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
3-bed apartment
Size
1,647 sqft
Floor
6th of 8
Parking
B-119, B-120
Developer
Danube Properties Development
Completed
2017
Service charge
AED 27,900 /yr
Last sold
AED 1.17M · May 2024

About 610, Glitz Residence 1

610 is a three-bedroom apartment of 1,647 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 24 May 2024 for AED 1,170,000, or AED 710 per sqft.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 10 June 2024, is AED 83,160 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 27,900 a year.

Sales and rents for 610 over time

Sales
Unit 610, each saleTypical three-bed in Glitz Residence 1
1.2M1.4M2015201820212024Typical sale price by year: 2015 AED 1,487,708; 2024 AED 1,225,000Sold by developer, April 2015: AED 1,491,822 (AED 905 per sqft)Sold, May 2024: AED 1,170,000 (AED 710 per sqft)

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

Rents
Unit 610, each contractTypical three-bed in Glitz Residence 1
60K80K100K2017202020232026Typical rent by year: 2017 AED 95,000; 2018 AED 95,000; 2019 AED 80,000; 2020 AED 68,500; 2021 AED 69,500; 2022 AED 75,000; 2023 AED 91,500; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 108,500New contract, May 2018: AED 88,000 a yearNew contract, June 2020: AED 67,000 a yearRenewal, June 2021: AED 67,000 a yearRenewal, June 2022: AED 72,000 a yearNew contract, June 2023: AED 75,600 a yearRenewal, June 2024: AED 83,160 a year

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 610 sits

All 14 3-beds →

610's AED 83,160 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Jul 20251,530,000
10 Jul 20241,225,000
20 Jun 20241,350,000
22 Nov 20231,100,000
0 3-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

610, Glitz Residence 1 in numbers

  • Sold twice: first on 21 April 2015 for AED 1,491,822, last on 24 May 2024 for AED 1,170,000 (AED 710 per sqft).
  • Rented since May 2018 on 6 Ejari contracts. The rent fell from AED 88,000 to AED 67,000 in 2021 and recovered to AED 83,160 by June 2024.
  • At AED 83,160 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 27,900 a year (AED 16.96 per sqft).

Source: Dubai Land Department. Updated 10 June 2024.

Questions about 610, Glitz Residence 1

What did unit 610 last sell for?

AED 1,170,000 on 24 May 2024: AED 710 per sqft for 1,647 sqft. The unit has 2 registered sales; the first was AED 1,491,822 in April 2015.

What is the rent for unit 610?

AED 83,160 a year on the contract renewed on 10 June 2024. The previous contract, from June 2023, was AED 75,600; the unit has been rented since May 2018.

How big is unit 610?

1,647 sqft (153.0 sqm): a three-bedroom apartment on the 6th floor of a 8-storey tower completed in 2017.

What is unit 610 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 610, Glitz Residence 1

Starts from the last sale price (AED 1.17M, 24 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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