
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.
Property timeline for 618, Glitz Residence 1
What is 618 worth today?
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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
- Building
- Glitz Residence 1
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
618 has sold twice; the dashed line is the one-bed median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jun 202623 June 2026 | 674 sqft | 750,000 | 1,112 | ||
| 1 Jun 20261 June 2026 | 675 sqft | 665,000 | 985 | ||
| 17 Mar 202617 March 2026 | 675 sqft | 770,000 | 1,140 | ||
| 6 Jan 20266 January 2026 | 762 sqft | 760,000 | 997 |
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 | |
| 617 | Studio | 451 sqft | AED 488KAED 487,609 · Aug 2015August 2015 | 50,000 /yr |
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.
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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 →