1-bed · 762 sqftGlitz Residence 1, Dubai Studio City · 6th floor · completed 2017

618, Glitz Residence 1

Sold prices and rental history: sold twice, last in October 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 618 · DLD and Ejari recordsUpdated 24 October 2022
Last soldAED 407K24 October 2022
Current rentAED 60K /yr5 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 618, Glitz Residence 1

What is 618 worth today?

Last sold for AED 406,600 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

24 Oct 2022SoldReady
AED 406,600AED 533 per sqft
5 Dec 2019RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft
1 Dec 2018RentedNew contract
AED 51,000/yr12 months · AED 67 per sqft
15 May 2018RentedNew contract
AED 52,200/yr12 months · AED 68 per sqft
31 Aug 2015Sold by developerOff-plan
AED 787,238AED 1,033 per sqft

Source: Dubai Land Department. Updated 24 October 2022.

Key facts

Type
1-bed apartment
Size
762 sqft
Floor
6th of 8
Parking
B-79
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,900 /yr
Last sold
AED 407K · October 2022

About 618, Glitz Residence 1

618 is a one-bedroom apartment of 762 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 October 2022 for AED 406,600, or AED 533 per sqft, 11% below the AED 598 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 5 December 2019, is AED 60,000 a year: a gross yield of 14.8% on the 2022 price, before the service charge of about AED 12,900 a year.

Sales and rents for 618 over time

Sales
Unit 618, 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 787,238 (AED 1,033 per sqft)Sold, October 2022: AED 406,600 (AED 533 per sqft)

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

Rents
Unit 618, 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, May 2018: AED 52,200 a yearNew contract, December 2018: AED 51,000 a yearNew contract, December 2019: AED 60,000 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 618 sits

All 66 1-beds →

618 last sold in October 2022 at AED 533 per sqft, 11% below what one-beds in Glitz Residence 1 were fetching at the time (AED 598). 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. 618's AED 60,000 is in the lower half 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

618, Glitz Residence 1 in numbers

  • Sold twice: first on 31 August 2015 for AED 787,238, last on 24 October 2022 for AED 406,600 (AED 533 per sqft).
  • Rented since May 2018 on 3 Ejari contracts, from AED 52,200 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 14.8%, before a service charge of about AED 12,900 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 24 October 2022.

Questions about 618, Glitz Residence 1

What did unit 618 last sell for?

AED 406,600 on 24 October 2022: AED 533 per sqft for 762 sqft. The unit has 2 registered sales; the first was AED 787,238 in August 2015.

What is the rent for unit 618?

AED 60,000 a year on the contract signed on 5 December 2019. The previous contract, from December 2018, was AED 51,000; the unit has been rented since May 2018.

How big is unit 618?

762 sqft (70.8 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2017.

What is unit 618 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.

Selling 618? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 618, Glitz Residence 1

Starts from the last sale price (AED 407K, 24 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 406,600
Deposit, UAE resident (20%)
AED 81,320
Deposit, non-resident (40%)
AED 162,640
Monthly over 25 years at 3.7%
AED 1,664

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