Studio · 490 sqftGlitz Residence 1, Dubai Studio City · 8th floor · completed 2017

805, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in June 2015, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 521K7 June 2015
Current rentAED 37K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Glitz Residence 1

What is 805 worth today?

Last sold for AED 520,530 in 2015

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1 Dec 2024RentedNew contract
AED 37,000/yr12 months · AED 75 per sqft
1 Dec 2018RentedNew contract
AED 38,000/yr12 months · AED 77 per sqft
1 Dec 2017RentedNew contract
AED 50,000/yr12 months · AED 101 per sqft
7 Jun 2015Sold by developerOff-plan
AED 520,530AED 1,061 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
8th of 8
Parking
B-17
Developer
Danube Properties Development
Completed
2017
Service charge
AED 8,300 /yr
Last sold
AED 521K · June 2015

About 805, Glitz Residence 1

805 is a studio of 490 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 7 June 2015 for AED 520,530, or AED 1,061 per sqft, in line with the AED 1,034 studios in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 December 2024, is AED 37,000 a year: a gross yield of 7.1% on the 2015 price, before the service charge of about AED 8,300 a year.

Sales and rents for 805 over time

Sales
Unit 805, 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, June 2015: AED 520,530 (AED 1,061 per sqft)

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

Rents
Unit 805, each contractTypical studio in Glitz Residence 1
40K2017202020232026Typical 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, December 2017: AED 50,000 a yearNew contract, December 2018: AED 38,000 a yearNew contract, December 2024: AED 37,000 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 805 sits

All 34 studios →

805 last sold in June 2015 at AED 1,061 per sqft, in line with what studios in Glitz Residence 1 were fetching at the time (AED 1,034). 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. 805's AED 37,000 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 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
8042-bedAED 865K · Mar 2023
8061-bedAED 650K · Dec 2024
8071-bedAED 819K · Mar 2017
8081-bedAED 758K · Aug 2015
1–7 of 17

805, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 7 June 2015 for AED 520,530, or AED 1,061 per sqft.
  • Rented since December 2017 on 3 Ejari contracts, from AED 50,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2015 price is 7.1%, before a service charge of about AED 8,300 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 December 2024.

Questions about 805, Glitz Residence 1

What did unit 805 last sell for?

AED 520,530 on 7 June 2015, sold by the developer: AED 1,061 per sqft for 490 sqft. It is the only registered sale of the unit.

What is the rent for unit 805?

AED 37,000 a year on the contract signed on 1 December 2024. The previous contract, from December 2018, was AED 38,000; the unit has been rented since December 2017.

How big is unit 805?

490 sqft (45.5 sqm): a studio on the 8th floor of a 8-storey tower completed in 2017.

What is unit 805 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 805, Glitz Residence 1

Starts from the last sale price (AED 521K, 7 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 520,530
Deposit, UAE resident (20%)
AED 104,106
Deposit, non-resident (40%)
AED 208,212
Monthly over 25 years at 3.7%
AED 2,130

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