1-bed · 739 sqftGlitz Residence 1, Dubai Studio City · 6th floor · completed 2017

607, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 812K3 August 2015
Current rentAED 50K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Glitz Residence 1

What is 607 worth today?

Last sold for AED 811,979 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2024RentedRenewal
AED 50,000/yr12 months · AED 67 per sqft
1 Mar 2021RentedRenewal
AED 50,000/yr12 months · AED 67 per sqft
29 Feb 2020RentedNew contract
AED 46,000/yr12 months · AED 62 per sqft
25 Dec 2017RentedNew contract
AED 65,000/yr12 months · AED 88 per sqft
3 Aug 2015Sold by developerOff-plan
AED 811,979AED 1,098 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
6th of 8
Parking
B-06
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,500 /yr
Last sold
AED 812K · August 2015

About 607, Glitz Residence 1

607 is a one-bedroom apartment of 739 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 3 August 2015 for AED 811,979, or AED 1,098 per sqft, in line with the AED 1,096 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 50,000 a year: a gross yield of 6.2% on the 2015 price, before the service charge of about AED 12,500 a year.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical one-bed in Glitz Residence 1
400K600K800K2015201820212024Typical sale price by year: 2015 AED 775,417; 2017 AED 771,477; 2019 AED 555,000; 2020 AED 430,000; 2022 AED 477,500; 2023 AED 512,500; 2024 AED 640,000; 2025 AED 700,000Sold by developer, August 2015: AED 811,979 (AED 1,098 per sqft)

607 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 607, each contractTypical one-bed in Glitz Residence 1
40K60K2017202020232026Typical rent by year: 2017 AED 60,000; 2018 AED 55,000; 2019 AED 48,500; 2020 AED 40,250; 2021 AED 35,000; 2022 AED 38,750; 2023 AED 44,500; 2024 AED 55,000; 2025 AED 59,420; 2026 AED 60,000New contract, December 2017: AED 65,000 a yearNew contract, February 2020: AED 46,000 a yearRenewal, March 2021: AED 50,000 a yearRenewal, March 2024: AED 50,000 a year

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 607 sits

All 64 1-beds →

607 last sold in August 2015 at AED 1,098 per sqft, in line with what one-beds in Glitz Residence 1 were fetching at the time (AED 1,096). 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. 607's AED 50,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Jan 2026760,000
24 Jul 2025720,000
19 Mar 2025730,000
17 Feb 2025652,000
1 1-bed sale in the last 12 months

Glitz Residence 1

Building

146 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%
Glitz Residence 1, Dubai Studio City: prices, sales and rents →

Other units on the 6th floor

All 146 units in Glitz Residence 1
Value
6011-bedAED 787K · Jun 2015
602StudioAED 530K · May 2025
6032-bedAED 1.05M · Apr 2025
6042-bedAED 1.09M · Aug 2015
605StudioAED 516K · Aug 2015
6061-bedAED 540K · Nov 2023
6081-bedAED 630K · May 2024
1–7 of 17

607, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 3 August 2015 for AED 811,979, or AED 1,098 per sqft.
  • Rented since December 2017 on 4 Ejari contracts, from AED 65,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2015 price is 6.2%, 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 1 March 2024.

Questions about 607, Glitz Residence 1

What did unit 607 last sell for?

AED 811,979 on 3 August 2015, sold by the developer: AED 1,098 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 607?

AED 50,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2021, was AED 50,000; the unit has been rented since December 2017.

How big is unit 607?

739 sqft (68.7 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2017.

What is unit 607 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.

Selling 607? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 607, Glitz Residence 1

Starts from the last sale price (AED 812K, 3 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 811,979
Deposit, UAE resident (20%)
AED 162,396
Deposit, non-resident (40%)
AED 324,792
Monthly over 25 years at 3.7%
AED 3,322

Plus AED 39,113 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →