502, Glitz Residence 1
Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Glitz Residence 1
What is 502 worth today?
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Source: Dubai Land Department. Updated 26 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 465 sqft
- Floor
- 5th of 8
- Parking
- B-59
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 7,900 /yr
- Last sold
- AED 360K · February 2023
- Building
- Glitz Residence 1
About 502, Glitz Residence 1
502 is a studio of 465 sqft on the 5th floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 3 February 2023 for AED 360,000, or AED 774 per sqft.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 26 June 2025, is AED 43,500 a year: a gross yield of 12.1% on the 2023 price, before the service charge of about AED 7,900 a year.
Sales and rents for 502 over time
502 has sold twice; 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 502 sits
All 31 studios →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. 502's AED 43,500 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 5th floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 786 sqft | AED 480KAED 480,000 · Aug 2022August 2022 | 72,000 /yr | |
| 503 | 2-bed | 1,200 sqft | AED 1.07MAED 1,074,120 · Jun 2015June 2015 | 85,470 /yr | |
| 504 | 2-bed | 1,196 sqft | AED 1.09MAED 1,091,550 · Aug 2015August 2015 | 69,300 /yr | |
| 505 | Studio | 490 sqft | AED 390KAED 390,000 · Sep 2021September 2021 | 38,000 /yr | |
| 506 | 1-bed | 672 sqft | AED 652KAED 652,000 · Feb 2025February 2025 | 44,000 /yr | |
| 507 | 1-bed | 739 sqft | AED 430KAED 430,000 · Oct 2020October 2020 | 64,000 /yr | |
| 508 | 1-bed | 674 sqft | AED 748KAED 748,358 · Apr 2015April 2015 | 60,000 /yr | |
| 509 | 3-bed | 1,647 sqft | AED 1.49MAED 1,487,708 · Aug 2015August 2015 | 114,000 /yr | |
| 510 | 3-bed | 1,647 sqft | AED 1.49MAED 1,487,708 · Aug 2015August 2015 | ||
| 511 | 1-bed | 675 sqft | AED 400KAED 400,000 · Aug 2021August 2021 | 60,000 /yr | |
| 512 | 1-bed | 739 sqft | AED 808KAED 808,285 · Aug 2015August 2015 | 41,000 /yr | |
| 513 | 1-bed | 674 sqft | AED 748KAED 748,358 · Aug 2015August 2015 | 50,715 /yr | |
| 514 | Studio | 490 sqft | AED 513KAED 513,191 · Aug 2015August 2015 | 48,000 /yr | |
| 515 | 599 sqft | AED 1.09MAED 1,091,550 · Jul 2015July 2015 | 66,150 /yr | ||
| 516 | 2-bed | 1,175 sqft | AED 537KAED 537,060 · Apr 2018April 2018 | ||
| 517 | Studio | 451 sqft | AED 510KAED 510,000 · May 2017May 2017 | 47,000 /yr | |
| 518 | 1-bed | 762 sqft | AED 760KAED 760,000 · Jan 2026January 2026 | 73,000 /yr |
502, Glitz Residence 1 in numbers
- Sold twice: first on 19 April 2015 for AED 485,263, last on 3 February 2023 for AED 360,000 (AED 774 per sqft).
- Rented since December 2020 on 4 Ejari contracts, from AED 27,000 to AED 43,500 a year.
- At AED 43,500 a year the gross yield on the 2023 price is 12.1%, before a service charge of about AED 7,900 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 26 June 2025.
Questions about 502, Glitz Residence 1
What did unit 502 last sell for?
AED 360,000 on 3 February 2023: AED 774 per sqft for 465 sqft. The unit has 2 registered sales; the first was AED 485,263 in April 2015.
What is the rent for unit 502?
AED 43,500 a year on the contract signed on 26 June 2025. The previous contract, from April 2023, was AED 29,000; the unit has been rented since December 2020.
How big is unit 502?
465 sqft (43.2 sqm): a studio on the 5th floor of a 8-storey tower completed in 2017.
What is unit 502 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 502, Glitz Residence 1
Starts from the last sale price (AED 360K, 3 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 360,000
- Deposit, UAE resident (20%)
- AED 72,000
- Deposit, non-resident (40%)
- AED 144,000
- Monthly over 25 years at 3.7%
- AED 1,473
Plus AED 18,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →