Studio · 484 sqftGlitz Residence 1, Dubai Studio City · 1st floor · completed 2017

109, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in February 2015, and rented once, from June 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 10 June 2019
Last soldAED 480K26 February 2015
Current rentAED 34K /yr10 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Glitz Residence 1

What is 109 worth today?

Last sold for AED 479,593 in 2015

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10 Jun 2019RentedNew contract
AED 34,000/yr12 months · AED 70 per sqft
26 Feb 2015Sold by developerOff-plan
AED 479,593AED 990 per sqft

Source: Dubai Land Department. Updated 10 June 2019.

Key facts

Type
Studio apartment
Size
484 sqft
Floor
1st of 8
Parking
G-48
Developer
Danube Properties Development
Completed
2017
Service charge
AED 8,200 /yr
Last sold
AED 480K · February 2015

About 109, Glitz Residence 1

109 is a studio of 484 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 26 February 2015 for AED 479,593, or AED 990 per sqft.

One Ejari contract is registered, from 10 June 2019. The current contract, signed on 10 June 2019, is AED 34,000 a year: a gross yield of 7.1% on the 2015 price, before the service charge of about AED 8,200 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical studio in Glitz Residence 1
400K500K2015201820212024Typical sale price by year: 2015 AED 492,302; 2023 AED 370,000Sold by developer, February 2015: AED 479,593 (AED 990 per sqft)

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

Rents
Unit 109, each contractTypical studio in Glitz Residence 1
40K2017202020232026Typical rent by year: 2017 AED 45,000; 2018 AED 42,000; 2019 AED 35,000; 2020 AED 28,000; 2021 AED 26,000; 2022 AED 30,000; 2023 AED 32,000; 2024 AED 36,750; 2025 AED 43,000; 2026 AED 50,000New contract, June 2019: AED 34,000 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 109 sits

All 31 studios →

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. 109's AED 34,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
2 May 2025530,000
20 May 2024499,999
5 Feb 2024175,000
23 Oct 2023490,000
1 studio sale 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. 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%
Glitz Residence 1, Dubai Studio City: prices, sales and rents →

Other units on the 1st floor

All 146 units in Glitz Residence 1
Value
1011-bedAED 730K · Mar 2025
102StudioAED 469K · Aug 2015
1032-bedAED 1.21M · Oct 2015
1042-bedAED 1M · Aug 2024
105StudioAED 490K · Oct 2023
106AED 735K · Sep 2025
1071-bedAED 851K · Apr 2015
1–7 of 19

109, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 26 February 2015 for AED 479,593, or AED 990 per sqft.
  • Rented since June 2019 on one Ejari contract, at AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2015 price is 7.1%, before a service charge of about AED 8,200 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 10 June 2019.

Questions about 109, Glitz Residence 1

What did unit 109 last sell for?

AED 479,593 on 26 February 2015, sold by the developer: AED 990 per sqft for 484 sqft. It is the only registered sale of the unit.

What is the rent for unit 109?

AED 34,000 a year on the contract signed on 10 June 2019.

How big is unit 109?

484 sqft (45.0 sqm): a studio on the 1st floor of a 8-storey tower completed in 2017.

What is unit 109 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 109, Glitz Residence 1

Starts from the last sale price (AED 480K, 26 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 479,593
Deposit, UAE resident (20%)
AED 95,919
Deposit, non-resident (40%)
AED 191,837
Monthly over 25 years at 3.7%
AED 1,962

Plus AED 23,053 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →