1-bed · 762 sqftGlitz Residence 1, Dubai Studio City · 8th floor · completed 2017

818, Glitz Residence 1

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 818 · DLD and Ejari recordsUpdated 19 August 2022
Last soldAED 475K19 August 2022
Current rentAED 30K /yr1 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 818, Glitz Residence 1

What is 818 worth today?

Last sold for AED 475,000 in 2022

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19 Aug 2022SoldReady
AED 475,000AED 623 per sqft
1 Feb 2021RentedRenewal
AED 30,000/yr12 months · AED 39 per sqft
1 Feb 2020RentedNew contract
AED 44,000/yr12 months · AED 58 per sqft
1 Feb 2019RentedNew contract
AED 52,000/yr12 months · AED 68 per sqft
18 Nov 2017RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft
7 Jun 2015Sold by developerOff-plan
AED 805,000AED 1,056 per sqft

Source: Dubai Land Department. Updated 19 August 2022.

Key facts

Type
1-bed apartment
Size
762 sqft
Floor
8th of 8
Parking
B-66
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,900 /yr
Last sold
AED 475K · August 2022

About 818, Glitz Residence 1

818 is a one-bedroom apartment of 762 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 19 August 2022 for AED 475,000, or AED 623 per sqft, in line with the AED 610 one-beds 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 February 2021, is AED 30,000 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 12,900 a year.

Sales and rents for 818 over time

Sales
Unit 818, 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 805,000 (AED 1,056 per sqft)Sold, August 2022: AED 475,000 (AED 623 per sqft)

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

Rents
Unit 818, 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, November 2017: AED 60,000 a yearNew contract, February 2019: AED 52,000 a yearNew contract, February 2020: AED 44,000 a yearRenewal, February 2021: AED 30,000 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 818 sits

All 66 1-beds →

818 last sold in August 2022 at AED 623 per sqft, in line with what one-beds in Glitz Residence 1 were fetching at the time (AED 610). 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. 818's AED 30,000 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

818, Glitz Residence 1 in numbers

  • Sold twice: first on 7 June 2015 for AED 805,000, last on 19 August 2022 for AED 475,000 (AED 623 per sqft).
  • Rented since November 2017 on 4 Ejari contracts, from AED 60,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 12,900 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 19 August 2022.

Questions about 818, Glitz Residence 1

What did unit 818 last sell for?

AED 475,000 on 19 August 2022: AED 623 per sqft for 762 sqft. The unit has 2 registered sales; the first was AED 805,000 in June 2015.

What is the rent for unit 818?

AED 30,000 a year on the contract renewed on 1 February 2021. The previous contract, from February 2020, was AED 44,000; the unit has been rented since November 2017.

How big is unit 818?

762 sqft (70.8 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2017.

What is unit 818 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 818, Glitz Residence 1

Starts from the last sale price (AED 475K, 19 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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