617, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in August 2015, 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 617, Glitz Residence 1
What is 617 worth today?
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Source: Dubai Land Department. Updated 5 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 451 sqft
- Floor
- 6th of 8
- Parking
- B-14
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 7,700 /yr
- Last sold
- AED 488K · August 2015
- Building
- Glitz Residence 1
About 617, Glitz Residence 1
617 is a studio of 451 sqft on the 6th floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 10 August 2015 for AED 487,609, or AED 1,080 per sqft, 4% above the AED 1,041 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 5 February 2026, is AED 50,000 a year: a gross yield of 10.3% on the 2015 price, before the service charge of about AED 7,700 a year.
Sales and rents for 617 over time
617 has sold once; 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 617 sits
All 34 studios →617 last sold in August 2015 at AED 1,080 per sqft, 4% above what studios in Glitz Residence 1 were fetching at the time (AED 1,041). 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. 617's AED 50,000 is at the top 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 | |
| 602 | Studio | 465 sqft | AED 530KAED 530,000 · May 2025May 2025 | 45,000 /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 | |
| 618 | 1-bed | 762 sqft | AED 407KAED 406,600 · Oct 2022October 2022 | 60,000 /yr |
617, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 10 August 2015 for AED 487,609, or AED 1,080 per sqft.
- Rented since January 2018 on 9 Ejari contracts. The rent fell from AED 42,000 to AED 30,000 in 2021 and recovered to AED 50,000 by February 2026.
- At AED 50,000 a year the gross yield on the 2015 price is 10.3%, before a service charge of about AED 7,700 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 5 February 2026.
Questions about 617, Glitz Residence 1
What did unit 617 last sell for?
AED 487,609 on 10 August 2015, sold by the developer: AED 1,080 per sqft for 451 sqft. It is the only registered sale of the unit.
What is the rent for unit 617?
AED 50,000 a year on the contract signed on 5 February 2026. The previous contract, from January 2025, was AED 38,115; the unit has been rented since January 2018.
How big is unit 617?
451 sqft (41.9 sqm): a studio on the 6th floor of a 8-storey tower completed in 2017.
What is unit 617 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 617, Glitz Residence 1
Starts from the last sale price (AED 488K, 10 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 487,609
- Deposit, UAE resident (20%)
- AED 97,522
- Deposit, non-resident (40%)
- AED 195,044
- Monthly over 25 years at 3.7%
- AED 1,995
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →