Studio · 226 sqftGlitz Residence 1, Dubai Studio City · 7th floor · completed 2017

717, Glitz Residence 1

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 717 · DLD and Ejari recordsUpdated 15 April 2026
Last soldAED 175K5 February 2024
Current rentAED 40K /yr15 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 717, Glitz Residence 1

What is 717 worth today?

Last sold for AED 175,000 in 2024

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15 Apr 2026RentedRenewal
AED 39,600/yr12 months · AED 88 per sqft
15 Apr 2025RentedRenewal
AED 39,600/yr12 months · AED 88 per sqft
15 Apr 2024RentedNew contract
AED 36,000/yr12 months · AED 80 per sqft
5 Feb 2024SoldReady
AED 175,000AED 775 per sqft
15 Apr 2023RentedRenewal
AED 33,000/yr12 months · AED 73 per sqft
15 Apr 2022RentedNew contract
AED 30,000/yr12 months · AED 66 per sqft
1 Jul 2020RentedNew contract
AED 25,000/yr12 months · AED 55 per sqft
16 Aug 2015Sold by developerOff-plan
AED 489,956AED 1,085 per sqft

Source: Dubai Land Department. Updated 15 April 2026.

Key facts

Type
Studio apartment
Size
226 sqft
Floor
7th of 8
Parking
B-42
Developer
Danube Properties Development
Completed
2017
Service charge
AED 3,800 /yr
Last sold
AED 175K · February 2024

About 717, Glitz Residence 1

717 is a studio of 226 sqft on the 7th floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 5 February 2024 for AED 175,000, or AED 775 per sqft, in line with the AED 796 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 15 April 2026, is AED 39,600 a year: a gross yield of 22.6% on the 2024 price, before the service charge of about AED 3,800 a year.

Sales and rents for 717 over time

Sales
Unit 717, each saleTypical studio in Glitz Residence 1
200K400K20152018202120242027Typical sale price by year: 2015 AED 492,302; 2023 AED 370,000; 2025 AED 485,000; 2026 AED 490,000Sold by developer, August 2015: AED 489,956 (AED 1,085 per sqft)Sold, February 2024: AED 175,000 (AED 775 per sqft)

717 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 717, each contractTypical studio in Glitz Residence 1
30K40K2017202020232026Typical rent by year: 2017 AED 45,000; 2018 AED 42,000; 2019 AED 36,000; 2020 AED 28,000; 2021 AED 26,000; 2022 AED 30,000; 2023 AED 32,500; 2024 AED 36,750; 2025 AED 43,250; 2026 AED 43,250New contract, July 2020: AED 25,000 a yearNew contract, April 2022: AED 30,000 a yearRenewal, April 2023: AED 33,000 a yearNew contract, April 2024: AED 36,000 a yearRenewal, April 2025: AED 39,600 a yearRenewal, April 2026: AED 39,600 a year

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 717 sits

All 34 studios →

717 last sold in February 2024 at AED 775 per sqft, in line with what studios in Glitz Residence 1 were fetching at the time (AED 796). 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. 717's AED 39,600 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026505,000
21 Sep 2026485,000
9 Jul 2026490,000
15 May 2026495,000
6 studio 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
7071-bedAED 816K · Aug 2015
1–7 of 17

717, Glitz Residence 1 in numbers

  • Sold twice: first on 16 August 2015 for AED 489,956, last on 5 February 2024 for AED 175,000 (AED 775 per sqft).
  • Rented since July 2020 on 6 Ejari contracts, from AED 25,000 to AED 39,600 a year.
  • At AED 39,600 a year the gross yield on the 2024 price is 22.6%, before a service charge of about AED 3,800 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 15 April 2026.

Questions about 717, Glitz Residence 1

What did unit 717 last sell for?

AED 175,000 on 5 February 2024: AED 775 per sqft for 226 sqft. The unit has 2 registered sales; the first was AED 489,956 in August 2015.

What is the rent for unit 717?

AED 39,600 a year on the contract renewed on 15 April 2026. The previous contract, from April 2025, was AED 39,600; the unit has been rented since July 2020.

How big is unit 717?

226 sqft (21.0 sqm): a studio on the 7th floor of a 8-storey tower completed in 2017.

What is unit 717 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 717, Glitz Residence 1

Starts from the last sale price (AED 175K, 5 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 175,000
Deposit, UAE resident (20%)
AED 35,000
Deposit, non-resident (40%)
AED 70,000
Monthly over 25 years at 3.7%
AED 716

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