406, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in June 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 406, Glitz Residence 1
What is 406 worth today?
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Source: Dubai Land Department. Updated 3 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 672 sqft
- Floor
- 4th of 8
- Parking
- B-02
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 11,400 /yr
- Last sold
- AED 745K · June 2015
- Building
- Glitz Residence 1
About 406, Glitz Residence 1
406 is a one-bedroom apartment of 672 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 744,999, or AED 1,108 per sqft, in line with the AED 1,088 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 3 February 2025, is AED 58,000 a year: a gross yield of 7.8% on the 2015 price, before the service charge of about AED 11,400 a year.
Sales and rents for 406 over time
406 has sold once; the dashed line is the one-bed median of each year in the building.
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 406 sits
All 64 1-beds →406 last sold in June 2015 at AED 1,108 per sqft, in line with what one-beds in Glitz Residence 1 were fetching at the time (AED 1,088). 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. 406's AED 58,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Jan 20266 January 2026 | 762 sqft | 760,000 | 997 | ||
| 24 Jul 202524 July 2025 | 739 sqft | 720,000 | 973 | ||
| 19 Mar 202519 March 2025 | 785 sqft | 730,000 | 929 | ||
| 17 Feb 202517 February 2025 | 672 sqft | 652,000 | 970 |
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 | |
| 405 | Studio | 490 sqft | AED 511KAED 510,745 · Aug 2015August 2015 | 43,000 /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 |
406, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 7 June 2015 for AED 744,999, or AED 1,108 per sqft.
- Rented since June 2018 on 4 Ejari contracts. The rent fell from AED 50,000 to AED 35,000 in 2020 and recovered to AED 58,000 by February 2025.
- At AED 58,000 a year the gross yield on the 2015 price is 7.8%, 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 3 February 2025.
Questions about 406, Glitz Residence 1
What did unit 406 last sell for?
AED 744,999 on 7 June 2015, sold by the developer: AED 1,108 per sqft for 672 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 58,000 a year on the contract signed on 3 February 2025. The previous contract, from July 2020, was AED 35,000; the unit has been rented since June 2018.
How big is unit 406?
672 sqft (62.4 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.
What is unit 406 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 406, Glitz Residence 1
Starts from the last sale price (AED 745K, 7 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 744,999
- Deposit, UAE resident (20%)
- AED 149,000
- Deposit, non-resident (40%)
- AED 298,000
- Monthly over 25 years at 3.7%
- AED 3,048
Plus AED 36,300 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →