612, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in February 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 612, Glitz Residence 1
What is 612 worth today?
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Source: Dubai Land Department. Updated 10 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 739 sqft
- Floor
- 6th of 8
- Parking
- B-81
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 12,500 /yr
- Last sold
- AED 812K · February 2015
- Building
- Glitz Residence 1
About 612, Glitz Residence 1
612 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 25 February 2015 for AED 811,979, or AED 1,098 per sqft, in line with the AED 1,078 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 10 June 2024, is AED 60,000 a year: a gross yield of 7.4% on the 2015 price, before the service charge of about AED 12,500 a year.
Sales and rents for 612 over time
612 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 612 sits
All 64 1-beds →612 last sold in February 2015 at AED 1,098 per sqft, in line with what one-beds in Glitz Residence 1 were fetching at the time (AED 1,078). 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. 612's AED 60,000 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 | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 786 sqft | AED 787KAED 787,238 · Jun 2015June 2015 | 59,000 /yr | |
| 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 | |
| 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 |
612, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 25 February 2015 for AED 811,979, or AED 1,098 per sqft.
- Rented since February 2018 on 6 Ejari contracts. The rent fell from AED 56,000 to AED 36,000 in 2021 and recovered to AED 60,000 by June 2024.
- At AED 60,000 a year the gross yield on the 2015 price is 7.4%, 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 10 June 2024.
Questions about 612, Glitz Residence 1
What did unit 612 last sell for?
AED 811,979 on 25 February 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 612?
AED 60,000 a year on the contract signed on 10 June 2024. The previous contract, from May 2022, was AED 38,000; the unit has been rented since February 2018.
How big is unit 612?
739 sqft (68.7 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2017.
What is unit 612 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 612, Glitz Residence 1
Starts from the last sale price (AED 812K, 25 February 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 →