102, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in August 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 102, Glitz Residence 1
What is 102 worth today?
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Source: Dubai Land Department. Updated 25 July 2022.
Key facts
- Type
- Studio apartment
- Size
- 466 sqft
- Floor
- 1st of 8
- Parking
- G-50
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 7,900 /yr
- Last sold
- AED 469K · August 2015
- Building
- Glitz Residence 1
About 102, Glitz Residence 1
102 is a studio of 466 sqft on the 1st 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 468,837, or AED 1,006 per sqft, 3% below the AED 1,041 studios in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 25 July 2022, is AED 32,000 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 7,900 a year.
Sales and rents for 102 over time
102 has sold once; the dashed line is the studio median of each year in the building.
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 102 sits
All 31 studios →102 last sold in August 2015 at AED 1,006 per sqft, 3% below 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, around AED 975 per sqft, and rent for AED 41,000 to 50,000 a year. 102's AED 32,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 May 20252 May 2025 | 465 sqft | 530,000 | 1,140 | ||
| 20 May 202420 May 2024 | 450 sqft | 499,999 | 1,110 | ||
| 5 Feb 20245 February 2024 | 226 sqft | 175,000 | 775 | ||
| 23 Oct 202323 October 2023 | 574 sqft | 490,000 | 853 |
Glitz Residence 1
Building146 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 2 sold in the last 12 months.
- Typical price per sqft
- AED 986
- Typical sale
- AED 600K
- Typical rent
- AED 60K /yr
- Typical yield
- 8.4%
Other units on the 1st floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 785 sqft | AED 730KAED 730,000 · Mar 2025March 2025 | 68,000 /yr | |
| 103 | 2-bed | 1,361 sqft | AED 1.21MAED 1,208,143 · Oct 2015October 2015 | 80,000 /yr | |
| 104 | 2-bed | 1,535 sqft | AED 1MAED 1,000,000 · Aug 2024August 2024 | 55,000 /yr | |
| 105 | Studio | 574 sqft | AED 490KAED 490,000 · Oct 2023October 2023 | 35,000 /yr | |
| 106 | 767 sqft | AED 735KAED 735,000 · Sep 2025September 2025 | 60,000 /yr | ||
| 107 | 1-bed | 862 sqft | AED 851KAED 850,779 · Apr 2015April 2015 | 55,000 /yr | |
| 108 | 782 sqft | AED 735KAED 735,000 · Sep 2025September 2025 | 65,000 /yr | ||
| 109 | Studio | 484 sqft | AED 480KAED 479,593 · Feb 2015February 2015 | 34,000 /yr | |
| 110 | 1-bed | 1,117 sqft | AED 972KAED 972,154 · Aug 2015August 2015 | 56,500 /yr | |
| 111 | 1-bed | 1,117 sqft | AED 795KAED 795,000 · May 2024May 2024 | 37,000 /yr | |
| 112 | Studio | 484 sqft | AED 345KAED 345,000 · Jun 2023June 2023 | 32,000 /yr | |
| 113 | 1-bed | 782 sqft | AED 620KAED 620,000 · Feb 2024February 2024 | 60,000 /yr | |
| 114 | 1-bed | 862 sqft | AED 851KAED 850,779 · Apr 2015April 2015 | 48,000 /yr | |
| 115 | 1-bed | 769 sqft | AED 812KAED 811,625 · Aug 2015August 2015 | ||
| 116 | Studio | 574 sqft | AED 593KAED 592,936 · Jun 2015June 2015 | 48,000 /yr | |
| 117 | 2-bed | 1,535 sqft | AED 1.15MAED 1,150,000 · Nov 2023November 2023 | 80,000 /yr | |
| 118 | 2-bed | 1,326 sqft | AED 1.21MAED 1,208,143 · Aug 2015August 2015 | 80,000 /yr | |
| 119 | Studio | 450 sqft | AED 500KAED 499,999 · May 2024May 2024 | 35,200 /yr | |
| 120 | 1-bed | 763 sqft | AED 762KAED 762,254 · Aug 2015August 2015 | 50,600 /yr |
102, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 3 August 2015 for AED 468,837, or AED 1,006 per sqft.
- Rented since October 2021 on 2 Ejari contracts, from AED 30,000 to AED 32,000 a year.
- At AED 32,000 a year the gross yield on the 2015 price is 6.8%, before a service charge of about AED 7,900 a year (AED 16.96 per sqft).
- Studios in Glitz Residence 1 sold for AED 440,000–440,000 in the 12 months to November 2026; the building's median across all types is AED 986 per sqft.
Source: Dubai Land Department. Updated 25 July 2022.
Questions about 102, Glitz Residence 1
What did unit 102 last sell for?
AED 468,837 on 3 August 2015, sold by the developer: AED 1,006 per sqft for 466 sqft. It is the only registered sale of the unit.
What is the rent for unit 102?
AED 32,000 a year on the contract signed on 25 July 2022. The previous contract, from October 2021, was AED 30,000.
How big is unit 102?
466 sqft (43.3 sqm): a studio on the 1st floor of a 8-storey tower completed in 2017.
What is unit 102 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 440,000 in the last 12 months, around AED 975 per sqft.
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Mortgage on 102, Glitz Residence 1
Starts from the last sale price (AED 469K, 3 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 468,837
- Deposit, UAE resident (20%)
- AED 93,767
- Deposit, non-resident (40%)
- AED 187,535
- Monthly over 25 years at 3.7%
- AED 1,918
Plus AED 22,601 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →