405, 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.
Property timeline for 405, Glitz Residence 1
What is 405 worth today?
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Source: Dubai Land Department. Updated 15 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 490 sqft
- Floor
- 4th of 8
- Parking
- G-51
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 8,300 /yr
- Last sold
- AED 511K · August 2015
- Building
- Glitz Residence 1
About 405, Glitz Residence 1
405 is a studio of 490 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 10 August 2015 for AED 510,745, or AED 1,041 per sqft, in line with the AED 1,041 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 15 October 2025, is AED 43,000 a year: a gross yield of 8.4% on the 2015 price, before the service charge of about AED 8,300 a year.
Sales and rents for 405 over time
405 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 405 sits
All 31 studios →405 last sold in August 2015 at AED 1,041 per sqft, in line with what studios in Glitz Residence 1 were fetching at the time (AED 1,041). 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. 405's AED 43,000 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 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 | ||
| 403 | 2-bed | 1,200 sqft | AED 1.07MAED 1,071,133 · Jun 2015June 2015 | 87,000 /yr | |
| 404 | 2-bed | 1,196 sqft | AED 1.1MAED 1,100,000 · May 2025May 2025 | 72,540 /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 |
405, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 10 August 2015 for AED 510,745, or AED 1,041 per sqft.
- Rented since January 2018 on 8 Ejari contracts. The rent fell from AED 45,000 to AED 26,000 in 2021 and recovered to AED 43,000 by October 2025.
- At AED 43,000 a year the gross yield on the 2015 price is 8.4%, 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 15 October 2025.
Questions about 405, Glitz Residence 1
What did unit 405 last sell for?
AED 510,745 on 10 August 2015, sold by the developer: AED 1,041 per sqft for 490 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 43,000 a year on the contract signed on 15 October 2025. The previous contract, from October 2024, was AED 45,000; the unit has been rented since January 2018.
How big is unit 405?
490 sqft (45.5 sqm): a studio on the 4th floor of a 8-storey tower completed in 2017.
What is unit 405 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 405, Glitz Residence 1
Starts from the last sale price (AED 511K, 10 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 510,745
- Deposit, UAE resident (20%)
- AED 102,149
- Deposit, non-resident (40%)
- AED 204,298
- Monthly over 25 years at 3.7%
- AED 2,090
Plus AED 26,461 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →