Studio · 490 sqftGlitz Residence 1, Dubai Studio City · 6th floor · completed 2017

614, Glitz Residence 1

Sold prices and rental history: sold 4 times, last in March 2026, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 614 · DLD and Ejari recordsUpdated 6 March 2026
Last soldAED 470K6 March 2026
Current rentAED 42K /yr20 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 614, Glitz Residence 1

What is 614 worth today?

Last sold for AED 470,000 in 2026

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6 Mar 2026SoldReady
AED 470,000AED 959 per sqft
17 Sep 2025SoldReady
AED 400,000AED 816 per sqft
20 May 2025RentedNew contract
AED 42,000/yr12 months · AED 85 per sqft
20 Apr 2024RentedRenewal
AED 26,400/yr12 months · AED 53 per sqft
20 Apr 2023RentedRenewal
AED 22,000/yr12 months · AED 44 per sqft
20 Apr 2022RentedRenewal
AED 20,000/yr12 months · AED 40 per sqft
20 Apr 2021RentedNew contract
AED 20,000/yr12 months · AED 40 per sqft
13 Mar 2019RentedNew contract
AED 40,500/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 6 March 2026.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
6th of 8
Parking
B-25
Developer
Danube Properties Development
Completed
2017
Service charge
AED 8,300 /yr
Last sold
AED 470K · March 2026

About 614, Glitz Residence 1

614 is a studio of 490 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 6 March 2026 for AED 470,000, or AED 959 per sqft, in line with the AED 975 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 20 May 2025, is AED 42,000 a year: a gross yield of 8.9% on the 2026 price, before the service charge of about AED 8,300 a year.

Sales and rents for 614 over time

Sales
Unit 614, each saleTypical studio in Glitz Residence 1
400K500K20152018202120242027Typical sale price by year: 2015 AED 492,302; 2023 AED 370,000; 2025 AED 485,000; 2026 AED 490,000Sold by developer, September 2015: AED 515,637 (AED 1,052 per sqft)Sold, March 2019: AED 400,000 (AED 816 per sqft)Sold, September 2025: AED 400,000 (AED 816 per sqft)Sold, March 2026: AED 470,000 (AED 959 per sqft)

614 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 614, each contractTypical studio in Glitz Residence 1
20K40K2017202020232026Typical rent by year: 2017 AED 45,000; 2018 AED 42,000; 2019 AED 36,000; 2020 AED 28,000; 2021 AED 26,000; 2022 AED 30,000; 2023 AED 32,500; 2024 AED 36,750; 2025 AED 43,250; 2026 AED 43,250New contract, December 2017: AED 44,000 a yearRenewal, December 2018: AED 36,000 a yearNew contract, March 2019: AED 40,500 a yearNew contract, April 2021: AED 20,000 a yearRenewal, April 2022: AED 20,000 a yearRenewal, April 2023: AED 22,000 a yearRenewal, April 2024: AED 26,400 a yearNew contract, May 2025: AED 42,000 a year

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 614 sits

All 34 studios →

614 last sold in March 2026 at AED 959 per sqft, in line with what studios in Glitz Residence 1 were fetching at the time (AED 975). 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. 614's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026505,000
21 Sep 2026485,000
9 Jul 2026490,000
15 May 2026495,000
6 studio 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

614, Glitz Residence 1 in numbers

  • Sold 4 times: first on 1 September 2015 for AED 515,637, last on 6 March 2026 for AED 470,000 (AED 959 per sqft).
  • Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 44,000 to AED 20,000 in 2022 and recovered to AED 42,000 by May 2025.
  • At AED 42,000 a year the gross yield on the 2026 price is 8.9%, before a service charge of about AED 8,300 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 6 March 2026.

Questions about 614, Glitz Residence 1

What did unit 614 last sell for?

AED 470,000 on 6 March 2026: AED 959 per sqft for 490 sqft. The unit has 4 registered sales; the first was AED 515,637 in September 2015.

What is the rent for unit 614?

AED 42,000 a year on the contract signed on 20 May 2025. The previous contract, from April 2024, was AED 26,400; the unit has been rented since December 2017.

How big is unit 614?

490 sqft (45.5 sqm): a studio on the 6th floor of a 8-storey tower completed in 2017.

What is unit 614 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 614, Glitz Residence 1

Starts from the last sale price (AED 470K, 6 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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