2-bed · 1,196 sqftGlitz Residence 1, Dubai Studio City · 8th floor · completed 2017

804, Glitz Residence 1

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 17 March 2023
Last soldAED 865K17 March 2023
Current rentAED 60K /yr15 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Glitz Residence 1

What is 804 worth today?

Last sold for AED 865,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

17 Mar 2023SoldReady
AED 865,000AED 723 per sqft
15 Nov 2022RentedNew contract
AED 60,000/yr12 months · AED 50 per sqft
15 Nov 2022RentedRenewal
AED 60,000/yr12 months · AED 50 per sqft
25 Oct 2021RentedNew contract
AED 60,000/yr13 months · AED 50 per sqft
15 Nov 2020RentedRenewal
AED 60,000/yr12 months · AED 50 per sqft
15 Nov 2019RentedRenewal
AED 67,500/yr12 months · AED 56 per sqft
15 Nov 2018RentedRenewal
AED 71,000/yr12 months · AED 59 per sqft
15 Nov 2017RentedNew contract
AED 80,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 17 March 2023.

Key facts

Type
2-bed apartment
Size
1,196 sqft
Floor
8th of 8
Parking
B-89, B-90
Developer
Danube Properties Development
Completed
2017
Service charge
AED 20,300 /yr
Last sold
AED 865K · March 2023

About 804, Glitz Residence 1

804 is a two-bedroom apartment of 1,196 sqft on the 8th floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 17 March 2023 for AED 865,000, or AED 723 per sqft.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 15 November 2022, is AED 60,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 20,300 a year.

Sales and rents for 804 over time

Sales
Unit 804, each saleTypical two-bed in Glitz Residence 1
1M2015201820212024Typical sale price by year: 2015 AED 1,083,081; 2023 AED 900,000; 2025 AED 1,050,000Sold by developer, June 2015: AED 1,100,507 (AED 920 per sqft)Sold, March 2023: AED 865,000 (AED 723 per sqft)

804 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 804, each contractTypical two-bed in Glitz Residence 1
60K80K2017202020232026Typical rent by year: 2017 AED 80,000; 2018 AED 80,000; 2019 AED 73,000; 2020 AED 55,000; 2021 AED 52,500; 2022 AED 59,700; 2023 AED 68,125; 2024 AED 75,825; 2025 AED 80,000; 2026 AED 80,000New contract, November 2017: AED 80,000 a yearRenewal, November 2018: AED 71,000 a yearRenewal, November 2019: AED 67,500 a yearRenewal, November 2020: AED 60,000 a yearNew contract, October 2021: AED 60,000 a yearNew contract, November 2022: AED 60,000 a yearRenewal, November 2022: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Glitz Residence 1, and where 804 sits

All 32 2-beds →

Over the last 12 months two-beds sold for AED 1,070,000, around AED 910 per sqft, and rent for AED 69,300 to 113,000 a year. 804's AED 60,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Sep 20261,070,000
8 May 20251,100,000
21 Apr 20251,050,000
15 Apr 20251,050,000
1 2-bed sale 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
802StudioAED 492K · Aug 2015
8032-bedAED 1.05M · Mar 2025
805StudioAED 521K · Jun 2015
8061-bedAED 650K · Dec 2024
8071-bedAED 819K · Mar 2017
8081-bedAED 758K · Aug 2015
1–7 of 17

804, Glitz Residence 1 in numbers

  • Sold twice: first on 7 June 2015 for AED 1,100,507, last on 17 March 2023 for AED 865,000 (AED 723 per sqft).
  • Rented since November 2017 on 7 Ejari contracts, from AED 80,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 20,300 a year (AED 16.96 per sqft).
  • Two-beds in Glitz Residence 1 sold for AED 1,070,000–1,070,000 in the 12 months to November 2026; the building's median across all types is AED 990 per sqft.

Source: Dubai Land Department. Updated 17 March 2023.

Questions about 804, Glitz Residence 1

What did unit 804 last sell for?

AED 865,000 on 17 March 2023: AED 723 per sqft for 1,196 sqft. The unit has 2 registered sales; the first was AED 1,100,507 in June 2015.

What is the rent for unit 804?

AED 60,000 a year on the contract signed on 15 November 2022. The previous contract, from November 2022, was AED 60,000; the unit has been rented since November 2017.

How big is unit 804?

1,196 sqft (111.1 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2017.

What is unit 804 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Glitz Residence 1 sold for AED 1,070,000 to 1,070,000 in the last 12 months, around AED 910 per sqft.

Selling 804? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 804, Glitz Residence 1

Starts from the last sale price (AED 865K, 17 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 865,000
Deposit, UAE resident (20%)
AED 173,000
Deposit, non-resident (40%)
AED 346,000
Monthly over 25 years at 3.7%
AED 3,539

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