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

814, Glitz Residence 1

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

Unit 814 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 521K3 August 2015
Current rentAED 41K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 814, Glitz Residence 1

What is 814 worth today?

Last sold for AED 520,530 in 2015

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1 Jan 2025RentedRenewal
AED 41,475/yr12 months · AED 86 per sqft
1 Jan 2024RentedNew contract
AED 39,500/yr12 months · AED 80 per sqft
25 Dec 2019RentedNew contract
AED 35,000/yr12 months · AED 71 per sqft
8 Dec 2017RentedNew contract
AED 47,000/yr12 months · AED 95 per sqft
3 Aug 2015Sold by developerOff-plan
AED 520,530AED 1,062 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
8th of 8
Parking
B-16
Developer
Danube Properties Development
Completed
2017
Service charge
AED 8,300 /yr
Last sold
AED 521K · August 2015

About 814, Glitz Residence 1

814 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 3 August 2015 for AED 520,530, or AED 1,062 per sqft, in line with the AED 1,041 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 January 2025, is AED 41,475 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 8,300 a year.

Sales and rents for 814 over time

Sales
Unit 814, 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 520,530 (AED 1,062 per sqft)

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

Rents
Unit 814, each contractTypical studio in Glitz Residence 1
30K40K50K2017202020232026Typical 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 47,000 a yearNew contract, December 2019: AED 35,000 a yearNew contract, January 2024: AED 39,500 a yearRenewal, January 2025: AED 41,475 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 814 sits

All 34 studios →

814 last sold in August 2015 at AED 1,062 per sqft, in line with what studios in Glitz Residence 1 were fetching at the time (AED 1,041). 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. 814's AED 41,475 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
805StudioAED 521K · Jun 2015
8061-bedAED 650K · Dec 2024
8071-bedAED 819K · Mar 2017
1–7 of 17

814, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 3 August 2015 for AED 520,530, or AED 1,062 per sqft.
  • Rented since December 2017 on 4 Ejari contracts. The rent fell from AED 47,000 to AED 35,000 in 2019 and recovered to AED 41,475 by January 2025.
  • At AED 41,475 a year the gross yield on the 2015 price is 8.0%, 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 January 2025.

Questions about 814, Glitz Residence 1

What did unit 814 last sell for?

AED 520,530 on 3 August 2015, sold by the developer: AED 1,062 per sqft for 490 sqft. It is the only registered sale of the unit.

What is the rent for unit 814?

AED 41,475 a year on the contract renewed on 1 January 2025. The previous contract, from January 2024, was AED 39,500; the unit has been rented since December 2017.

How big is unit 814?

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

What is unit 814 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 814, Glitz Residence 1

Starts from the last sale price (AED 521K, 3 August 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 →