706, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Glitz Residence 1
What is 706 worth today?
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Source: Dubai Land Department. Updated 20 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 672 sqft
- Floor
- 7th of 8
- Parking
- B-156
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 11,400 /yr
- Last sold
- AED 755K · June 2015
- Building
- Glitz Residence 1
About 706, Glitz Residence 1
706 is a one-bedroom apartment of 672 sqft on the 7th 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 7 June 2015 for AED 755,076, or AED 1,123 per sqft, 3% above the AED 1,088 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 20 January 2026, is AED 68,000 a year: a gross yield of 9.0% on the 2015 price, before the service charge of about AED 11,400 a year.
Sales and rents for 706 over time
706 has sold once; 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 706 sits
All 66 1-beds →706 last sold in June 2015 at AED 1,123 per sqft, 3% above what one-beds in Glitz Residence 1 were fetching at the time (AED 1,088). 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. 706's AED 68,000 is in the upper 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 7th floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 786 sqft | AED 791KAED 791,178 · Apr 2015April 2015 | 38,000 /yr | |
| 702 | Studio | 465 sqft | AED 490KAED 489,956 · Aug 2015August 2015 | ||
| 703 | 2-bed | 1,200 sqft | AED 1.08MAED 1,080,094 · Aug 2015August 2015 | 76,650 /yr | |
| 704 | 2-bed | 1,196 sqft | AED 1.15MAED 1,150,000 · Mar 2025March 2025 | 55,000 /yr | |
| 705 | Studio | 490 sqft | AED 518KAED 518,084 · Aug 2015August 2015 | 27,000 /yr | |
| 707 | 1-bed | 739 sqft | AED 816KAED 815,674 · Aug 2015August 2015 | 54,600 /yr | |
| 708 | 1-bed | 674 sqft | AED 750KAED 750,076 · Jun 2015June 2015 | 50,715 /yr | |
| 709 | 3-bed | 1,647 sqft | AED 1.5MAED 1,495,936 · Apr 2015April 2015 | 110,000 /yr | |
| 710 | 3-bed | 1,647 sqft | AED 1.5MAED 1,495,000 · Apr 2015April 2015 | 110,000 /yr | |
| 711 | 1-bed | 675 sqft | AED 665KAED 665,000 · Jun 2026June 2026 | 60,000 /yr | |
| 712 | 1-bed | 739 sqft | AED 500KAED 499,999 · Aug 2022August 2022 | 60,000 /yr | |
| 713 | 1-bed | 674 sqft | AED 750KAED 750,000 · Jun 2026June 2026 | 55,000 /yr | |
| 714 | Studio | 490 sqft | AED 518KAED 518,084 · Aug 2015August 2015 | 41,500 /yr | |
| 715 | 2-bed | 1,197 sqft | AED 1.07MAED 1,074,834 · Aug 2015August 2015 | 71,000 /yr | |
| 716 | 2-bed | 1,175 sqft | AED 1.08MAED 1,080,094 · Feb 2015February 2015 | 66,500 /yr | |
| 717 | Studio | 226 sqft | AED 175KAED 175,000 · Feb 2024February 2024 | 39,600 /yr | |
| 718 | 1-bed | 762 sqft | AED 805KAED 805,000 · Aug 2015August 2015 | 63,000 /yr |
706, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 7 June 2015 for AED 755,076, or AED 1,123 per sqft.
- Rented since December 2017 on 10 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2021 and recovered to AED 68,000 by January 2026.
- At AED 68,000 a year the gross yield on the 2015 price is 9.0%, before a service charge of about AED 11,400 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 20 January 2026.
Questions about 706, Glitz Residence 1
What did unit 706 last sell for?
AED 755,076 on 7 June 2015, sold by the developer: AED 1,123 per sqft for 672 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 68,000 a year on the contract renewed on 20 January 2026. The previous contract, from January 2025, was AED 68,000; the unit has been rented since December 2017.
How big is unit 706?
672 sqft (62.4 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.
What is unit 706 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 706, Glitz Residence 1
Starts from the last sale price (AED 755K, 7 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 755,076
- Deposit, UAE resident (20%)
- AED 151,015
- Deposit, non-resident (40%)
- AED 302,030
- Monthly over 25 years at 3.7%
- AED 3,089
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →