1-bed · 739 sqftGlitz Residence 1, Dubai Studio City · 7th floor · completed 2017

707, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 816K10 August 2015
Current rentAED 55K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Glitz Residence 1

What is 707 worth today?

Last sold for AED 815,674 in 2015

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1 May 2026RentedNew contract
AED 54,600/yr12 months · AED 74 per sqft
1 May 2025RentedRenewal
AED 54,600/yr12 months · AED 74 per sqft
1 May 2025RentedRenewal
AED 54,600/yr12 months · AED 74 per sqft
1 May 2024RentedRenewal
AED 52,000/yr12 months · AED 70 per sqft
1 May 2023RentedRenewal
AED 44,000/yr12 months · AED 60 per sqft
1 May 2022RentedRenewal
AED 40,000/yr12 months · AED 54 per sqft
1 May 2021RentedNew contract
AED 37,000/yr12 months · AED 50 per sqft
10 Aug 2015Sold by developerOff-plan
AED 815,674AED 1,103 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
7th of 8
Parking
B-137
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,500 /yr
Last sold
AED 816K · August 2015

About 707, Glitz Residence 1

707 is a one-bedroom apartment of 739 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 10 August 2015 for AED 815,674, or AED 1,103 per sqft, in line with the AED 1,094 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 1 May 2026, is AED 54,600 a year: a gross yield of 6.7% on the 2015 price, before the service charge of about AED 12,500 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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 815,674 (AED 1,103 per sqft)

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

Rents
Unit 707, 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 2021: AED 37,000 a yearRenewal, May 2022: AED 40,000 a yearRenewal, May 2023: AED 44,000 a yearRenewal, May 2024: AED 52,000 a yearRenewal, May 2025: AED 54,600 a yearRenewal, May 2025: AED 54,600 a yearNew contract, May 2026: AED 54,600 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 707 sits

All 66 1-beds →

707 last sold in August 2015 at AED 1,103 per sqft, in line with what one-beds in Glitz Residence 1 were fetching at the time (AED 1,094). 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. 707's AED 54,600 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 7th floor

All 146 units in Glitz Residence 1
Value
7011-bedAED 791K · Apr 2015
702StudioAED 490K · Aug 2015
7032-bedAED 1.08M · Aug 2015
7042-bedAED 1.15M · Mar 2025
705StudioAED 518K · Aug 2015
7061-bedAED 755K · Jun 2015
7081-bedAED 750K · Jun 2015
1–7 of 17

707, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 10 August 2015 for AED 815,674, or AED 1,103 per sqft.
  • Rented since May 2021 on 7 Ejari contracts, from AED 37,000 to AED 54,600 a year.
  • At AED 54,600 a year the gross yield on the 2015 price is 6.7%, before a service charge of about AED 12,500 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 1 May 2026.

Questions about 707, Glitz Residence 1

What did unit 707 last sell for?

AED 815,674 on 10 August 2015, sold by the developer: AED 1,103 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 54,600 a year on the contract signed on 1 May 2026. The previous contract, from May 2025, was AED 54,600; the unit has been rented since May 2021.

How big is unit 707?

739 sqft (68.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 707 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 707, Glitz Residence 1

Starts from the last sale price (AED 816K, 10 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 815,674
Deposit, UAE resident (20%)
AED 163,135
Deposit, non-resident (40%)
AED 326,270
Monthly over 25 years at 3.7%
AED 3,337

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