503, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in June 2015, 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 503, Glitz Residence 1
What is 503 worth today?
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Source: Dubai Land Department. Updated 4 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,200 sqft
- Floor
- 5th of 8
- Parking
- B-154, B-153
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.07M · June 2015
- Building
- Glitz Residence 1
About 503, Glitz Residence 1
503 is a two-bedroom apartment of 1,200 sqft on the 5th 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 30 June 2015 for AED 1,074,120, or AED 895 per sqft, in line with the AED 909 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 4 August 2025, is AED 85,470 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 20,300 a year.
Sales and rents for 503 over time
503 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 503 sits
All 31 2-beds →503 last sold in June 2015 at AED 895 per sqft, in line with what two-beds in Glitz Residence 1 were fetching at the time (AED 909). 503's AED 85,470 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 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 | |
| 502 | Studio | 465 sqft | AED 360KAED 360,000 · Feb 2023February 2023 | 43,500 /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 |
503, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 30 June 2015 for AED 1,074,120, or AED 895 per sqft.
- Rented since July 2020 on 5 Ejari contracts, from AED 54,000 to AED 85,470 a year.
- At AED 85,470 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 20,300 a year (AED 16.96 per sqft).
Source: Dubai Land Department. Updated 4 August 2025.
Questions about 503, Glitz Residence 1
What did unit 503 last sell for?
AED 1,074,120 on 30 June 2015, sold by the developer: AED 895 per sqft for 1,200 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 85,470 a year on the contract renewed on 4 August 2025. The previous contract, from August 2024, was AED 81,400; the unit has been rented since July 2020.
How big is unit 503?
1,200 sqft (111.5 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.
What is unit 503 worth today?
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Mortgage on 503, Glitz Residence 1
Starts from the last sale price (AED 1.07M, 30 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,074,120
- Deposit, UAE resident (20%)
- AED 214,824
- Deposit, non-resident (40%)
- AED 429,648
- Monthly over 25 years at 3.7%
- AED 4,395
Plus AED 50,123 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →