1-bed · 862 sqftGlitz Residence 1, Dubai Studio City · 1st floor · completed 2017

114, Glitz Residence 1

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

Unit 114 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 851K19 April 2015
Current rentAED 48K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 114, Glitz Residence 1

What is 114 worth today?

Last sold for AED 850,779 in 2015

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1 Oct 2024RentedRenewal
AED 48,000/yr12 months · AED 56 per sqft
1 Oct 2022RentedNew contract
AED 38,000/yr12 months · AED 44 per sqft
20 Sep 2020RentedNew contract
AED 36,000/yr12 months · AED 42 per sqft
20 Jul 2019RentedNew contract
AED 45,000/yr12 months · AED 52 per sqft
19 Apr 2015Sold by developerOff-plan
AED 850,779AED 986 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
862 sqft
Floor
1st of 8
Parking
B-24
Developer
Danube Properties Development
Completed
2017
Service charge
AED 14,600 /yr
Last sold
AED 851K · April 2015

About 114, Glitz Residence 1

114 is a one-bedroom apartment of 862 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 19 April 2015 for AED 850,779, or AED 986 per sqft, 9% below the AED 1,078 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 48,000 a year: a gross yield of 5.6% on the 2015 price, before the service charge of about AED 14,600 a year.

Sales and rents for 114 over time

Sales
Unit 114, 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, April 2015: AED 850,779 (AED 986 per sqft)

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

Rents
Unit 114, 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, July 2019: AED 45,000 a yearNew contract, September 2020: AED 36,000 a yearNew contract, October 2022: AED 38,000 a yearRenewal, October 2024: AED 48,000 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 114 sits

All 64 1-beds →

114 last sold in April 2015 at AED 986 per sqft, 9% below what one-beds in Glitz Residence 1 were fetching at the time (AED 1,078). 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. 114's AED 48,000 is at the bottom 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

114, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 19 April 2015 for AED 850,779, or AED 986 per sqft.
  • Rented since July 2019 on 4 Ejari contracts. The rent fell from AED 45,000 to AED 36,000 in 2020 and recovered to AED 48,000 by October 2024.
  • At AED 48,000 a year the gross yield on the 2015 price is 5.6%, before a service charge of about AED 14,600 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 1 October 2024.

Questions about 114, Glitz Residence 1

What did unit 114 last sell for?

AED 850,779 on 19 April 2015, sold by the developer: AED 986 per sqft for 862 sqft. It is the only registered sale of the unit.

What is the rent for unit 114?

AED 48,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2022, was AED 38,000; the unit has been rented since July 2019.

How big is unit 114?

862 sqft (80.1 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2017.

What is unit 114 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 114, Glitz Residence 1

Starts from the last sale price (AED 851K, 19 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 850,779
Deposit, UAE resident (20%)
AED 170,156
Deposit, non-resident (40%)
AED 340,312
Monthly over 25 years at 3.7%
AED 3,481

Plus AED 40,743 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →