707, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 707, Glitz Residence 1
What is 707 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 739 sqft
- Floor
- 7th of 8
- Parking
- B-137
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 12,500 /yr
- Last sold
- AED 816K · August 2015
- Building
- Glitz Residence 1
About 707, Glitz Residence 1
707 is a one-bedroom apartment of 739 sqft on the 7th 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 10 August 2015 for AED 815,674, or AED 1,103 per sqft, in line with the AED 1,094 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 54,600 a year: a gross yield of 6.7% on the 2015 price, before the service charge of about AED 12,500 a year.
Sales and rents for 707 over time
707 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 707 sits
All 64 1-beds →707 last sold in August 2015 at AED 1,103 per sqft, in line with what one-beds in Glitz Residence 1 were fetching at the time (AED 1,094). 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. 707's AED 54,600 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 7th floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 786 sqft | AED 791KAED 791,178 · Apr 2015April 2015 | 38,000 /yr | |
| 702 | Studio | 465 sqft | AED 490KAED 489,956 · Aug 2015August 2015 | ||
| 703 | 2-bed | 1,200 sqft | AED 1.08MAED 1,080,094 · Aug 2015August 2015 | 76,650 /yr | |
| 704 | 2-bed | 1,196 sqft | AED 1.15MAED 1,150,000 · Mar 2025March 2025 | 55,000 /yr | |
| 705 | Studio | 490 sqft | AED 518KAED 518,084 · Aug 2015August 2015 | 27,000 /yr | |
| 706 | 1-bed | 672 sqft | AED 755KAED 755,076 · Jun 2015June 2015 | 68,000 /yr | |
| 708 | 1-bed | 674 sqft | AED 750KAED 750,076 · Jun 2015June 2015 | 48,300 /yr | |
| 709 | 3-bed | 1,647 sqft | AED 1.5MAED 1,495,936 · Apr 2015April 2015 | 110,000 /yr | |
| 710 | 3-bed | 1,647 sqft | AED 1.5MAED 1,495,000 · Apr 2015April 2015 | 110,000 /yr | |
| 711 | 1-bed | 675 sqft | AED 770KAED 770,000 · Jun 2015June 2015 | 52,800 /yr | |
| 712 | 1-bed | 739 sqft | AED 500KAED 499,999 · Aug 2022August 2022 | 60,000 /yr | |
| 713 | 1-bed | 674 sqft | AED 770KAED 770,000 · Aug 2015August 2015 | 60,000 /yr | |
| 714 | Studio | 490 sqft | AED 518KAED 518,084 · Aug 2015August 2015 | 50,000 /yr | |
| 715 | 2-bed | 1,197 sqft | AED 1.07MAED 1,074,834 · Aug 2015August 2015 | 71,000 /yr | |
| 716 | 2-bed | 1,175 sqft | AED 1.08MAED 1,080,094 · Feb 2015February 2015 | 66,500 /yr | |
| 717 | Studio | 226 sqft | AED 175KAED 175,000 · Feb 2024February 2024 | 36,000 /yr | |
| 718 | 1-bed | 762 sqft | AED 805KAED 805,000 · Aug 2015August 2015 | 67,000 /yr |
707, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 10 August 2015 for AED 815,674, or AED 1,103 per sqft.
- Rented since May 2022 on 4 Ejari contracts, from AED 40,000 to AED 54,600 a year.
- At AED 54,600 a year the gross yield on the 2015 price is 6.7%, 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 May 2025.
Questions about 707, Glitz Residence 1
What did unit 707 last sell for?
AED 815,674 on 10 August 2015, sold by the developer: AED 1,103 per sqft for 739 sqft. It is the only registered sale of the unit.
What is the rent for unit 707?
AED 54,600 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 52,000; the unit has been rented since May 2022.
How big is unit 707?
739 sqft (68.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.
What is unit 707 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 707, Glitz Residence 1
Starts from the last sale price (AED 816K, 10 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 815,674
- Deposit, UAE resident (20%)
- AED 163,135
- Deposit, non-resident (40%)
- AED 326,270
- Monthly over 25 years at 3.7%
- AED 3,337
Plus AED 39,268 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →