1-bed · 675 sqftGlitz Residence 1, Dubai Studio City · 3rd floor · completed 2017

311, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 30 October 2025
Last soldAED 742K10 August 2015
Current rentAED 60K /yr30 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Glitz Residence 1

What is 311 worth today?

Last sold for AED 741,640 in 2015

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30 Oct 2025RentedNew contract
AED 60,000/yr12 months · AED 88 per sqft
1 Sep 2024RentedNew contract
AED 52,000/yr12 months · AED 77 per sqft
1 Sep 2023RentedNew contract
AED 50,000/yr12 months · AED 74 per sqft
2 Sep 2020RentedNew contract
AED 35,000/yr12 months · AED 52 per sqft
1 Feb 2019RentedNew contract
AED 48,000/yr12 months · AED 71 per sqft
19 Jan 2018RentedNew contract
AED 55,000/yr12 months · AED 81 per sqft
10 Aug 2015Sold by developerOff-plan
AED 741,640AED 1,098 per sqft

Source: Dubai Land Department. Updated 30 October 2025.

Key facts

Type
1-bed apartment
Size
675 sqft
Floor
3rd of 8
Parking
G-34
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,400 /yr
Last sold
AED 742K · August 2015

About 311, Glitz Residence 1

311 is a one-bedroom apartment of 675 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 10 August 2015 for AED 741,640, or AED 1,098 per sqft, in line with the AED 1,094 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 30 October 2025, is AED 60,000 a year: a gross yield of 8.1% on the 2015 price, before the service charge of about AED 11,400 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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 741,640 (AED 1,098 per sqft)

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

Rents
Unit 311, 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, January 2018: AED 55,000 a yearNew contract, February 2019: AED 48,000 a yearNew contract, September 2020: AED 35,000 a yearNew contract, September 2023: AED 50,000 a yearNew contract, September 2024: AED 52,000 a yearNew contract, October 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 311 sits

All 64 1-beds →

311 last sold in August 2015 at AED 1,098 per sqft, in line with what one-beds in Glitz Residence 1 were fetching at the time (AED 1,094). 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. 311'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 3rd floor

All 146 units in Glitz Residence 1
Value
3011-bedAED 475K · Feb 2023
302StudioAED 380K · Jul 2023
3032-bedAED 1.07M · Aug 2015
3042-bedAED 1.09M · Jun 2015
305StudioAED 508K · Apr 2015
3061-bedAED 500K · Jul 2023
3071-bedAED 801K · Aug 2015
1–7 of 17

311, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 10 August 2015 for AED 741,640, or AED 1,098 per sqft.
  • Rented since January 2018 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 35,000 in 2020 and recovered to AED 60,000 by October 2025.
  • At AED 60,000 a year the gross yield on the 2015 price is 8.1%, before a service charge of about AED 11,400 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 30 October 2025.

Questions about 311, Glitz Residence 1

What did unit 311 last sell for?

AED 741,640 on 10 August 2015, sold by the developer: AED 1,098 per sqft for 675 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 60,000 a year on the contract signed on 30 October 2025. The previous contract, from September 2024, was AED 52,000; the unit has been rented since January 2018.

How big is unit 311?

675 sqft (62.7 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 311 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 311, Glitz Residence 1

Starts from the last sale price (AED 742K, 10 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 741,640
Deposit, UAE resident (20%)
AED 148,328
Deposit, non-resident (40%)
AED 296,656
Monthly over 25 years at 3.7%
AED 3,034

Plus AED 36,159 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →