403, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, Glitz Residence 1
What is 403 worth today?
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Source: Dubai Land Department. Updated 1 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,200 sqft
- Floor
- 4th of 8
- Parking
- B-131, B-132
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.07M · June 2015
- Building
- Glitz Residence 1
About 403, Glitz Residence 1
403 is a two-bedroom apartment of 1,200 sqft on the 4th 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 7 June 2015 for AED 1,071,133, or AED 892 per sqft, in line with the AED 910 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 1 September 2025, is AED 87,000 a year: a gross yield of 8.1% on the 2015 price, before the service charge of about AED 20,300 a year.
Sales and rents for 403 over time
403 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Glitz Residence 1, and where 403 sits
All 31 2-beds →403 last sold in June 2015 at AED 892 per sqft, in line with what two-beds in Glitz Residence 1 were fetching at the time (AED 910). 403's AED 87,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 May 20258 May 2025 | 1,196 sqft | 1,100,000 | 920 | ||
| 21 Apr 202521 April 2025 | 1,197 sqft | 1,050,000 | 876 | ||
| 15 Apr 202515 April 2025 | 1,200 sqft | 1,050,000 | 875 | ||
| 28 Mar 202528 March 2025 | 1,200 sqft | 1,050,000 | 875 |
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 4th floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 786 sqft | AED 510KAED 510,000 · Mar 2023March 2023 | 60,000 /yr | |
| 402 | 465 sqft | AED 540KAED 540,000 · Nov 2025November 2025 | 47,000 /yr | ||
| 404 | 2-bed | 1,196 sqft | AED 1.1MAED 1,100,000 · May 2025May 2025 | 72,540 /yr | |
| 405 | Studio | 490 sqft | AED 511KAED 510,745 · Aug 2015August 2015 | 43,000 /yr | |
| 406 | 1-bed | 672 sqft | AED 745KAED 744,999 · Jun 2015June 2015 | 58,000 /yr | |
| 407 | 1-bed | 739 sqft | AED 805KAED 804,591 · Aug 2015August 2015 | 32,000 /yr | |
| 408 | 1-bed | 674 sqft | AED 745KAED 744,999 · Jul 2015July 2015 | 58,000 /yr | |
| 409 | 3-bed | 1,647 sqft | AED 1.48MAED 1,483,593 · Aug 2015August 2015 | 115,000 /yr | |
| 410 | 3-bed | 1,647 sqft | AED 1.23MAED 1,225,000 · Jul 2024July 2024 | 71,500 /yr | |
| 411 | 1-bed | 675 sqft | AED 745KAED 744,999 · Aug 2015August 2015 | 59,000 /yr | |
| 412 | 1-bed | 739 sqft | AED 515KAED 515,000 · Mar 2023March 2023 | ||
| 413 | 1-bed | 674 sqft | AED 700KAED 700,000 · Mar 2024March 2024 | 58,000 /yr | |
| 414 | Studio | 490 sqft | AED 511KAED 510,745 · Aug 2015August 2015 | 45,000 /yr | |
| 415 | 2-bed | 1,197 sqft | AED 1.09MAED 1,088,564 · Jun 2015June 2015 | 77,500 /yr | |
| 416 | 2-bed | 1,175 sqft | AED 950KAED 950,000 · May 2024May 2024 | ||
| 417 | Studio | 451 sqft | AED 268KAED 268,000 · Nov 2022November 2022 | 34,914 /yr | |
| 418 | 1-bed | 762 sqft | AED 779KAED 779,358 · Aug 2015August 2015 | 60,000 /yr |
403, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 7 June 2015 for AED 1,071,133, or AED 892 per sqft.
- Rented since November 2017 on 6 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2020 and recovered to AED 87,000 by September 2025.
- At AED 87,000 a year the gross yield on the 2015 price is 8.1%, before a service charge of about AED 20,300 a year (AED 16.96 per sqft).
Source: Dubai Land Department. Updated 1 September 2025.
Questions about 403, Glitz Residence 1
What did unit 403 last sell for?
AED 1,071,133 on 7 June 2015, sold by the developer: AED 892 per sqft for 1,200 sqft. It is the only registered sale of the unit.
What is the rent for unit 403?
AED 87,000 a year on the contract signed on 1 September 2025. The previous contract, from April 2025, was AED 84,000; the unit has been rented since November 2017.
How big is unit 403?
1,200 sqft (111.5 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.
What is unit 403 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 403, Glitz Residence 1
Starts from the last sale price (AED 1.07M, 7 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,071,133
- Deposit, UAE resident (20%)
- AED 214,227
- Deposit, non-resident (40%)
- AED 428,453
- Monthly over 25 years at 3.7%
- AED 4,382
Plus AED 49,997 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →