3-bed · 1,647 sqftGlitz Residence 1, Dubai Studio City · 8th floor · completed 2017

809, Glitz Residence 1

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 20 June 2024
Last soldAED 1.35M20 June 2024
Current rentAED 73K /yr20 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, Glitz Residence 1

What is 809 worth today?

Last sold for AED 1,350,000 in 2024

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20 Jun 2024SoldReady
AED 1,350,000AED 819 per sqft
22 Nov 2023SoldReady
AED 1,100,000AED 667 per sqft
20 Nov 2022RentedRenewal
AED 73,000/yr12 months · AED 44 per sqft
20 Nov 2021RentedRenewal
AED 72,000/yr12 months · AED 44 per sqft
20 Nov 2020RentedNew contract
AED 72,000/yr12 months · AED 44 per sqft
10 Oct 2019RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
11 Jan 2018RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft
3 Aug 2015Sold by developerOff-plan
AED 1,495,000AED 907 per sqft

Source: Dubai Land Department. Updated 20 June 2024.

Key facts

Type
3-bed apartment
Size
1,647 sqft
Floor
8th of 8
Parking
B-124, B-123
Developer
Danube Properties Development
Completed
2017
Service charge
AED 27,900 /yr
Last sold
AED 1.35M · June 2024

About 809, Glitz Residence 1

809 is a three-bedroom apartment of 1,647 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 20 June 2024 for AED 1,350,000, or AED 819 per sqft, 15% above the AED 710 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 20 November 2022, is AED 73,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 27,900 a year.

Sales and rents for 809 over time

Sales
Unit 809, each saleTypical three-bed in Glitz Residence 1
1.2M1.4M2015201820212024Typical sale price by year: 2015 AED 1,487,708; 2024 AED 1,225,000Sold by developer, August 2015: AED 1,495,000 (AED 907 per sqft)Sold, November 2023: AED 1,100,000 (AED 667 per sqft)Sold, June 2024: AED 1,350,000 (AED 819 per sqft)

809 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 809, each contractTypical three-bed in Glitz Residence 1
80K100K2017202020232026Typical rent by year: 2017 AED 95,000; 2018 AED 95,000; 2019 AED 80,000; 2020 AED 68,500; 2021 AED 69,500; 2022 AED 75,000; 2023 AED 91,500; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 108,500New contract, January 2018: AED 95,000 a yearNew contract, October 2019: AED 80,000 a yearNew contract, November 2020: AED 72,000 a yearRenewal, November 2021: AED 72,000 a yearRenewal, November 2022: AED 73,000 a year

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

3-beds in Glitz Residence 1, and where 809 sits

All 14 3-beds →

809 last sold in June 2024 at AED 819 per sqft, 15% above what three-beds in Glitz Residence 1 were fetching at the time (AED 710). 809's AED 73,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Jul 20251,530,000
10 Jul 20241,225,000
24 May 20241,170,000
7 Feb 2021850,000
0 3-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 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
805StudioAED 521K · Jun 2015
8061-bedAED 650K · Dec 2024
8071-bedAED 819K · Mar 2017
1–7 of 17

809, Glitz Residence 1 in numbers

  • Sold 3 times: first on 3 August 2015 for AED 1,495,000, last on 20 June 2024 for AED 1,350,000 (AED 819 per sqft).
  • Rented since January 2018 on 5 Ejari contracts, from AED 95,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 27,900 a year (AED 16.96 per sqft).

Source: Dubai Land Department. Updated 20 June 2024.

Questions about 809, Glitz Residence 1

What did unit 809 last sell for?

AED 1,350,000 on 20 June 2024: AED 819 per sqft for 1,647 sqft. The unit has 3 registered sales; the first was AED 1,495,000 in August 2015.

What is the rent for unit 809?

AED 73,000 a year on the contract renewed on 20 November 2022. The previous contract, from November 2021, was AED 72,000; the unit has been rented since January 2018.

How big is unit 809?

1,647 sqft (153.0 sqm): a three-bedroom apartment on the 8th floor of a 8-storey tower completed in 2017.

What is unit 809 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 809, Glitz Residence 1

Starts from the last sale price (AED 1.35M, 20 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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