601, 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 601, Glitz Residence 1
What is 601 worth today?
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Source: Dubai Land Department. Updated 9 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 786 sqft
- Floor
- 6th of 8
- Parking
- B-04
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 13,300 /yr
- Last sold
- AED 787K · June 2015
- Building
- Glitz Residence 1
About 601, Glitz Residence 1
601 is a one-bedroom apartment of 786 sqft on the 6th 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 787,238, or AED 1,001 per sqft, 8% below the AED 1,088 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 9 October 2024, is AED 59,000 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 13,300 a year.
Sales and rents for 601 over time
601 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 601 sits
All 64 1-beds →601 last sold in June 2015 at AED 1,001 per sqft, 8% below 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. 601's AED 59,000 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 6th floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | Studio | 465 sqft | AED 530KAED 530,000 · May 2025May 2025 | 45,000 /yr | |
| 603 | 2-bed | 1,200 sqft | AED 1.05MAED 1,050,000 · Apr 2025April 2025 | 72,600 /yr | |
| 604 | 2-bed | 1,196 sqft | AED 1.09MAED 1,094,535 · Aug 2015August 2015 | 82,000 /yr | |
| 605 | Studio | 490 sqft | AED 516KAED 515,638 · Aug 2015August 2015 | 44,000 /yr | |
| 606 | 1-bed | 672 sqft | AED 540KAED 540,000 · Nov 2023November 2023 | 47,250 /yr | |
| 607 | 1-bed | 739 sqft | AED 812KAED 811,979 · Aug 2015August 2015 | 50,000 /yr | |
| 608 | 1-bed | 674 sqft | AED 630KAED 630,000 · May 2024May 2024 | 37,000 /yr | |
| 609 | 3-bed | 1,647 sqft | AED 1.49MAED 1,491,822 · Jun 2015June 2015 | 117,000 /yr | |
| 610 | 3-bed | 1,647 sqft | AED 1.17MAED 1,170,000 · May 2024May 2024 | 83,160 /yr | |
| 611 | 1-bed | 675 sqft | AED 752KAED 751,717 · Jun 2015June 2015 | 65,000 /yr | |
| 612 | 1-bed | 739 sqft | AED 812KAED 811,979 · Feb 2015February 2015 | 60,000 /yr | |
| 613 | 1-bed | 674 sqft | AED 570KAED 570,000 · Mar 2024March 2024 | 44,000 /yr | |
| 614 | 490 sqft | AED 400KAED 400,000 · Sep 2025September 2025 | 42,000 /yr | ||
| 615 | 2-bed | 1,197 sqft | AED 1.09MAED 1,094,535 · Aug 2015August 2015 | 89,000 /yr | |
| 616 | 2-bed | 1,175 sqft | AED 1.1MAED 1,097,106 · May 2017May 2017 | 80,000 /yr | |
| 617 | Studio | 451 sqft | AED 488KAED 487,609 · Aug 2015August 2015 | 50,000 /yr | |
| 618 | 1-bed | 762 sqft | AED 407KAED 406,600 · Oct 2022October 2022 | 60,000 /yr |
601, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 7 June 2015 for AED 787,238, or AED 1,001 per sqft.
- Rented since March 2018 on 7 Ejari contracts. The rent fell from AED 58,000 to AED 45,000 in 2020 and recovered to AED 59,000 by October 2024.
- At AED 59,000 a year the gross yield on the 2015 price is 7.5%, before a service charge of about AED 13,300 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 9 October 2024.
Questions about 601, Glitz Residence 1
What did unit 601 last sell for?
AED 787,238 on 7 June 2015, sold by the developer: AED 1,001 per sqft for 786 sqft. It is the only registered sale of the unit.
What is the rent for unit 601?
AED 59,000 a year on the contract renewed on 9 October 2024. The previous contract, from October 2023, was AED 56,000; the unit has been rented since March 2018.
How big is unit 601?
786 sqft (73.0 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2017.
What is unit 601 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 601, Glitz Residence 1
Starts from the last sale price (AED 787K, 7 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 787,238
- Deposit, UAE resident (20%)
- AED 157,448
- Deposit, non-resident (40%)
- AED 314,895
- Monthly over 25 years at 3.7%
- AED 3,221
Plus AED 38,074 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →