1-bed · 739 sqftGlitz Residence 1, Dubai Studio City · 8th floor · completed 2017

812, Glitz Residence 1

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

Unit 812 · DLD and Ejari recordsUpdated 26 December 2020
Last soldAED 819K7 June 2015
Current rentAED 34K /yr26 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 812, Glitz Residence 1

What is 812 worth today?

Last sold for AED 819,368 in 2015

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26 Dec 2020RentedNew contract
AED 34,000/yr12 months · AED 46 per sqft
7 Jan 2018RentedNew contract
AED 60,000/yr12 months · AED 81 per sqft
7 Jun 2015Sold by developerOff-plan
AED 819,368AED 1,108 per sqft

Source: Dubai Land Department. Updated 26 December 2020.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
8th of 8
Parking
B-64
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,500 /yr
Last sold
AED 819K · June 2015

About 812, Glitz Residence 1

812 is a one-bedroom apartment of 739 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 819,368, or AED 1,108 per sqft, in line with the AED 1,088 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 26 December 2020, is AED 34,000 a year: a gross yield of 4.2% on the 2015 price, before the service charge of about AED 12,500 a year.

Sales and rents for 812 over time

Sales
Unit 812, each saleTypical one-bed in Glitz Residence 1
400K600K800K20152018202120242027Typical sale price by year: 2015 AED 775,417; 2017 AED 771,477; 2019 AED 555,000; 2020 AED 430,000; 2022 AED 462,500; 2023 AED 512,500; 2024 AED 640,000; 2025 AED 725,000; 2026 AED 755,000Sold by developer, June 2015: AED 819,368 (AED 1,108 per sqft)

812 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 812, each contractTypical one-bed in Glitz Residence 1
40K60K2017202020232026Typical rent by year: 2017 AED 60,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 42,000; 2021 AED 35,000; 2022 AED 39,000; 2023 AED 46,000; 2024 AED 56,750; 2025 AED 59,920; 2026 AED 58,750New contract, January 2018: AED 60,000 a yearNew contract, December 2020: AED 34,000 a year

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

1-beds in Glitz Residence 1, and where 812 sits

All 66 1-beds →

812 last sold in June 2015 at AED 1,108 per sqft, in line with what one-beds in Glitz Residence 1 were fetching at the time (AED 1,088). Over the last 12 months one-beds sold for AED 665,000 to 770,000, around AED 1,055 per sqft, and rent for AED 49,462 to 72,000 a year. 812's AED 34,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jun 2026750,000
1 Jun 2026665,000
17 Mar 2026770,000
6 Jan 2026760,000
4 1-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

812, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 7 June 2015 for AED 819,368, or AED 1,108 per sqft.
  • Rented since January 2018 on 2 Ejari contracts, from AED 60,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2015 price is 4.2%, before a service charge of about AED 12,500 a year (AED 16.96 per sqft).
  • One-beds in Glitz Residence 1 sold for AED 665,000–770,000 in the 12 months to November 2026; the building's median across all types is AED 990 per sqft.

Source: Dubai Land Department. Updated 26 December 2020.

Questions about 812, Glitz Residence 1

What did unit 812 last sell for?

AED 819,368 on 7 June 2015, sold by the developer: AED 1,108 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 812?

AED 34,000 a year on the contract signed on 26 December 2020. The previous contract, from January 2018, was AED 60,000.

How big is unit 812?

739 sqft (68.7 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2017.

What is unit 812 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Glitz Residence 1 sold for AED 665,000 to 770,000 in the last 12 months, around AED 1,055 per sqft.

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Mortgage on 812, Glitz Residence 1

Starts from the last sale price (AED 819K, 7 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 819,368
Deposit, UAE resident (20%)
AED 163,874
Deposit, non-resident (40%)
AED 327,747
Monthly over 25 years at 3.7%
AED 3,352

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