305, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in April 2015, 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 305, Glitz Residence 1
What is 305 worth today?
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Source: Dubai Land Department. Updated 1 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 490 sqft
- Floor
- 3rd of 8
- Parking
- G-45
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 8,300 /yr
- Last sold
- AED 508K · April 2015
- Building
- Glitz Residence 1
About 305, Glitz Residence 1
305 is a studio of 490 sqft on the 3rd 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 21 April 2015 for AED 508,299, or AED 1,036 per sqft, in line with the AED 1,013 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 36,750 a year: a gross yield of 7.2% on the 2015 price, before the service charge of about AED 8,300 a year.
Sales and rents for 305 over time
305 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 305 sits
All 31 studios →305 last sold in April 2015 at AED 1,036 per sqft, in line with what studios in Glitz Residence 1 were fetching at the time (AED 1,013). 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. 305's AED 36,750 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 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 | |
| 302 | Studio | 465 sqft | AED 380KAED 380,000 · Jul 2023July 2023 | 44,000 /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 | |
| 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 |
305, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 21 April 2015 for AED 508,299, or AED 1,036 per sqft.
- Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 40,000 to AED 26,000 in 2020 and recovered to AED 36,750 by June 2025.
- At AED 36,750 a year the gross yield on the 2015 price is 7.2%, before a service charge of about AED 8,300 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 1 June 2025.
Questions about 305, Glitz Residence 1
What did unit 305 last sell for?
AED 508,299 on 21 April 2015, sold by the developer: AED 1,036 per sqft for 490 sqft. It is the only registered sale of the unit.
What is the rent for unit 305?
AED 36,750 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 35,000; the unit has been rented since September 2018.
How big is unit 305?
490 sqft (45.5 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2017.
What is unit 305 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 305, Glitz Residence 1
Starts from the last sale price (AED 508K, 21 April 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 508,299
- Deposit, UAE resident (20%)
- AED 101,660
- Deposit, non-resident (40%)
- AED 203,320
- Monthly over 25 years at 3.7%
- AED 2,080
Plus AED 26,359 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →