Studio · 465 sqftGlitz Residence 1, Dubai Studio City · 8th floor · completed 2017

802, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 492K16 August 2015
Current rentAED 32K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Glitz Residence 1

What is 802 worth today?

Last sold for AED 492,302 in 2015

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1 Mar 2025RentedNew contract
AED 31,762/yr12 months · AED 69 per sqft
16 Feb 2021RentedNew contract
AED 24,480/yr12 months · AED 53 per sqft
15 Feb 2021RentedRenewal
AED 25,000/yr12 months · AED 54 per sqft
15 Feb 2020RentedNew contract
AED 32,000/yr12 months · AED 69 per sqft
1 Feb 2019RentedRenewal
AED 42,000/yr12 months · AED 91 per sqft
1 Feb 2018RentedNew contract
AED 42,000/yr12 months · AED 91 per sqft
16 Aug 2015Sold by developerOff-plan
AED 492,302AED 1,058 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
Studio apartment
Size
465 sqft
Floor
8th of 8
Parking
B-43
Developer
Danube Properties Development
Completed
2017
Service charge
AED 7,900 /yr
Last sold
AED 492K · August 2015

About 802, Glitz Residence 1

802 is a studio of 465 sqft on the 8th 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 16 August 2015 for AED 492,302, or AED 1,058 per sqft, in line with the AED 1,042 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 March 2025, is AED 31,762 a year: a gross yield of 6.5% on the 2015 price, before the service charge of about AED 7,900 a year.

Sales and rents for 802 over time

Sales
Unit 802, each saleTypical studio in Glitz Residence 1
400K500K20152018202120242027Typical 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 492,302 (AED 1,058 per sqft)

802 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 802, 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, February 2018: AED 42,000 a yearRenewal, February 2019: AED 42,000 a yearNew contract, February 2020: AED 32,000 a yearNew contract, February 2021: AED 24,480 a yearRenewal, February 2021: AED 25,000 a yearNew contract, March 2025: AED 31,762 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 802 sits

All 34 studios →

802 last sold in August 2015 at AED 1,058 per sqft, in line with what studios in Glitz Residence 1 were fetching at the time (AED 1,042). 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. 802's AED 31,762 is at the bottom 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 8th floor

All 146 units in Glitz Residence 1
Value
8011-bedAED 795K · Feb 2015
8032-bedAED 1.05M · Mar 2025
8042-bedAED 865K · Mar 2023
805StudioAED 521K · Jun 2015
8061-bedAED 650K · Dec 2024
8071-bedAED 819K · Mar 2017
8081-bedAED 758K · Aug 2015
1–7 of 17

802, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 16 August 2015 for AED 492,302, or AED 1,058 per sqft.
  • Rented since February 2018 on 6 Ejari contracts. The rent fell from AED 42,000 to AED 24,480 in 2021 and recovered to AED 31,762 by March 2025.
  • At AED 31,762 a year the gross yield on the 2015 price is 6.5%, before a service charge of about AED 7,900 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 1 March 2025.

Questions about 802, Glitz Residence 1

What did unit 802 last sell for?

AED 492,302 on 16 August 2015, sold by the developer: AED 1,058 per sqft for 465 sqft. It is the only registered sale of the unit.

What is the rent for unit 802?

AED 31,762 a year on the contract signed on 1 March 2025. The previous contract, from February 2021, was AED 24,480; the unit has been rented since February 2018.

How big is unit 802?

465 sqft (43.2 sqm): a studio on the 8th floor of a 8-storey tower completed in 2017.

What is unit 802 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 802, Glitz Residence 1

Starts from the last sale price (AED 492K, 16 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 492,302
Deposit, UAE resident (20%)
AED 98,460
Deposit, non-resident (40%)
AED 196,921
Monthly over 25 years at 3.7%
AED 2,014

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