407, 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 407, Glitz Residence 1
What is 407 worth today?
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Source: Dubai Land Department. Updated 12 May 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 739 sqft
- Floor
- 4th of 8
- Parking
- B-03
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 12,500 /yr
- Last sold
- AED 805K · August 2015
- Building
- Glitz Residence 1
About 407, Glitz Residence 1
407 is a one-bedroom apartment of 739 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 804,591, or AED 1,088 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 5 Ejari contracts. The current contract, renewed on 12 May 2021, is AED 32,000 a year: a gross yield of 4.0% on the 2015 price, before the service charge of about AED 12,500 a year.
Sales and rents for 407 over time
407 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 407 sits
All 64 1-beds →407 last sold in August 2015 at AED 1,088 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. 407's AED 32,000 is at the bottom 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 | |
| 406 | 1-bed | 672 sqft | AED 745KAED 744,999 · Jun 2015June 2015 | 58,000 /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 |
407, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 10 August 2015 for AED 804,591, or AED 1,088 per sqft.
- Rented since January 2018 on 5 Ejari contracts, from AED 60,000 to AED 32,000 a year.
- At AED 32,000 a year the gross yield on the 2015 price is 4.0%, before a service charge of about AED 12,500 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 12 May 2021.
Questions about 407, Glitz Residence 1
What did unit 407 last sell for?
AED 804,591 on 10 August 2015, sold by the developer: AED 1,088 per sqft for 739 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 32,000 a year on the contract renewed on 12 May 2021. The previous contract, from May 2021, was AED 32,000; the unit has been rented since January 2018.
How big is unit 407?
739 sqft (68.7 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.
What is unit 407 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 407, Glitz Residence 1
Starts from the last sale price (AED 805K, 10 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 804,591
- Deposit, UAE resident (20%)
- AED 160,918
- Deposit, non-resident (40%)
- AED 321,836
- Monthly over 25 years at 3.7%
- AED 3,292
Plus AED 38,803 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →