302, Glitz Residence 1
Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Glitz Residence 1
What is 302 worth today?
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Source: Dubai Land Department. Updated 23 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 465 sqft
- Floor
- 3rd of 8
- Parking
- G-46
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 7,900 /yr
- Last sold
- AED 380K · July 2023
- Building
- Glitz Residence 1
About 302, Glitz Residence 1
302 is a studio of 465 sqft on the 3rd floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 18 July 2023 for AED 380,000, or AED 817 per sqft, 10% above the AED 743 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 23 June 2025, is AED 44,000 a year: a gross yield of 11.6% on the 2023 price, before the service charge of about AED 7,900 a year.
Sales and rents for 302 over time
302 has sold twice; 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 302 sits
All 31 studios →302 last sold in July 2023 at AED 817 per sqft, 10% above what studios in Glitz Residence 1 were fetching at the time (AED 743). 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. 302's AED 44,000 is in the lower half 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 3rd floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 786 sqft | AED 475KAED 475,000 · Feb 2023February 2023 | 62,000 /yr | |
| 303 | 2-bed | 1,200 sqft | AED 1.07MAED 1,068,146 · Aug 2015August 2015 | 80,000 /yr | |
| 304 | 2-bed | 1,196 sqft | AED 1.09MAED 1,085,579 · Jun 2015June 2015 | 112,000 /yr | |
| 305 | Studio | 490 sqft | AED 508KAED 508,299 · Apr 2015April 2015 | 36,750 /yr | |
| 306 | 1-bed | 672 sqft | AED 500KAED 500,000 · Jul 2023July 2023 | 39,893 /yr | |
| 307 | 1-bed | 739 sqft | AED 801KAED 800,897 · Aug 2015August 2015 | 60,000 /yr | |
| 308 | 1-bed | 674 sqft | AED 742KAED 741,640 · Aug 2015August 2015 | 60,000 /yr | |
| 309 | 3-bed | 1,647 sqft | AED 850KAED 850,000 · Feb 2021February 2021 | 122,000 /yr | |
| 310 | 3-bed | 1,647 sqft | AED 1.48MAED 1,479,479 · Aug 2015August 2015 | 125,000 /yr | |
| 311 | 1-bed | 675 sqft | AED 742KAED 741,640 · Aug 2015August 2015 | 60,000 /yr | |
| 312 | 1-bed | 739 sqft | AED 801KAED 800,897 · Feb 2015February 2015 | 37,000 /yr | |
| 313 | 1-bed | 674 sqft | AED 680KAED 680,000 · Feb 2025February 2025 | 50,820 /yr | |
| 314 | Studio | 490 sqft | AED 508KAED 508,299 · Aug 2015August 2015 | 41,000 /yr | |
| 315 | 2-bed | 1,197 sqft | AED 1.09MAED 1,085,579 · Jun 2015June 2015 | 75,000 /yr | |
| 316 | 2-bed | 1,175 sqft | AED 900KAED 900,000 · Dec 2023December 2023 | 75,000 /yr | |
| 317 | Studio | 451 sqft | AED 342KAED 342,000 · Nov 2021November 2021 | 43,000 /yr | |
| 318 | 1-bed | 762 sqft | AED 775KAED 775,417 · May 2015May 2015 | 54,300 /yr |
302, Glitz Residence 1 in numbers
- Sold twice: first on 10 August 2015 for AED 480,570, last on 18 July 2023 for AED 380,000 (AED 817 per sqft).
- Rented since November 2018 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 31,000 in 2022 and recovered to AED 44,000 by June 2025.
- At AED 44,000 a year the gross yield on the 2023 price is 11.6%, 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 23 June 2025.
Questions about 302, Glitz Residence 1
What did unit 302 last sell for?
AED 380,000 on 18 July 2023: AED 817 per sqft for 465 sqft. The unit has 2 registered sales; the first was AED 480,570 in August 2015.
What is the rent for unit 302?
AED 44,000 a year on the contract signed on 23 June 2025. The previous contract, from February 2024, was AED 35,874; the unit has been rented since November 2018.
How big is unit 302?
465 sqft (43.2 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2017.
What is unit 302 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 302, Glitz Residence 1
Starts from the last sale price (AED 380K, 18 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 380,000
- Deposit, UAE resident (20%)
- AED 76,000
- Deposit, non-resident (40%)
- AED 152,000
- Monthly over 25 years at 3.7%
- AED 1,555
Plus AED 18,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →