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1-bed · 782 sqftGlitz Residence 1, Dubai Studio City · 1st floor · completed 2017

113, Glitz Residence 1

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 620K13 February 2024
Current rentAED 60K /yr20 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 113, Glitz Residence 1

What is 113 worth today?

Last sold for AED 620,000 in 2024

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20 Mar 2025RentedRenewal
AED 60,000/yr12 months · AED 76 per sqft
20 Mar 2024RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
13 Feb 2024SoldReady
AED 620,000AED 792 per sqft
8 Dec 2022RentedRenewal
AED 41,400/yr12 months · AED 53 per sqft
8 Dec 2021RentedRenewal
AED 36,000/yr12 months · AED 46 per sqft
8 Dec 2020RentedNew contract
AED 34,000/yr12 months · AED 43 per sqft
24 Sep 2019SoldReady
AED 470,000AED 600 per sqft
1 Aug 2019RentedNew contract
AED 44,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
1-bed apartment
Size
782 sqft
Floor
1st of 8
Parking
B-23
Developer
Danube Properties Development
Completed
2017
Service charge
AED 13,300 /yr
Last sold
AED 620K · February 2024
Building
Glitz Residence 1

About 113, Glitz Residence 1

113 is a one-bedroom apartment of 782 sqft on the 1st floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 13 February 2024 for AED 620,000, or AED 792 per sqft, 10% above the AED 720 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 20 March 2025, is AED 60,000 a year: a gross yield of 9.7% on the 2024 price, before the service charge of about AED 13,300 a year.

Sales and rents for 113 over time

Sales
Unit 113, each saleTypical one-bed in Glitz Residence 1
400K600K800K2015201820212024Typical sale price by year: 2015 AED 775,417; 2017 AED 771,477; 2019 AED 555,000; 2020 AED 430,000; 2022 AED 477,500; 2023 AED 512,500; 2024 AED 640,000; 2025 AED 700,000Sold by developer, August 2015: AED 820,086 (AED 1,048 per sqft)Sold, September 2019: AED 470,000 (AED 600 per sqft)Sold, February 2024: AED 620,000 (AED 792 per sqft)

113 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 113, each contractTypical one-bed in Glitz Residence 1
40K60K2017202020232026Typical rent by year: 2017 AED 60,000; 2018 AED 55,000; 2019 AED 48,500; 2020 AED 40,250; 2021 AED 35,000; 2022 AED 38,750; 2023 AED 44,500; 2024 AED 55,000; 2025 AED 59,420; 2026 AED 60,000New contract, May 2018: AED 56,695 a yearNew contract, May 2018: AED 56,695 a yearNew contract, August 2019: AED 44,000 a yearNew contract, December 2020: AED 34,000 a yearRenewal, December 2021: AED 36,000 a yearRenewal, December 2022: AED 41,400 a yearNew contract, March 2024: AED 60,000 a yearRenewal, March 2025: AED 60,000 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 113 sits

All 64 1-beds →

113 last sold in February 2024 at AED 792 per sqft, 10% above what one-beds in Glitz Residence 1 were fetching at the time (AED 720). Over the last 12 months one-beds sold for AED 760,000, around AED 997 per sqft, and rent for AED 54,300 to 72,000 a year. 113's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Jan 2026760,000
24 Jul 2025720,000
19 Mar 2025730,000
17 Feb 2025652,000
1 1-bed 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

113, Glitz Residence 1 in numbers

  • Sold 3 times: first on 31 August 2015 for AED 820,086, last on 13 February 2024 for AED 620,000 (AED 792 per sqft).
  • Rented since May 2018 on 8 Ejari contracts. The rent fell from AED 56,695 to AED 34,000 in 2020 and recovered to AED 60,000 by March 2025.
  • At AED 60,000 a year the gross yield on the 2024 price is 9.7%, before a service charge of about AED 13,300 a year (AED 16.96 per sqft).
  • One-beds in Glitz Residence 1 sold for AED 760,000–760,000 in the 12 months to November 2026; the building's median across all types is AED 986 per sqft.

Source: Dubai Land Department. Updated 20 March 2025.

Questions about 113, Glitz Residence 1

What did unit 113 last sell for?

AED 620,000 on 13 February 2024: AED 792 per sqft for 782 sqft. The unit has 3 registered sales; the first was AED 820,086 in August 2015.

What is the rent for unit 113?

AED 60,000 a year on the contract renewed on 20 March 2025. The previous contract, from March 2024, was AED 60,000; the unit has been rented since May 2018.

How big is unit 113?

782 sqft (72.7 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 113 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 760,000 to 760,000 in the last 12 months, around AED 997 per sqft.

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Mortgage on 113, Glitz Residence 1

Starts from the last sale price (AED 620K, 13 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

Plus AED 31,050 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →