1-bed · 739 sqftGlitz Residence 1, Dubai Studio City · 7th floor · completed 2017

712, Glitz Residence 1

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 500K25 August 2022
Current rentAED 60K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Glitz Residence 1

What is 712 worth today?

Last sold for AED 499,999 in 2022

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1 Feb 2026RentedRenewal
AED 60,000/yr12 months · AED 82 per sqft
1 Feb 2026RentedRenewal
AED 60,000/yr12 months · AED 81 per sqft
20 Jun 2023RentedRenewal
AED 42,000/yr12 months · AED 57 per sqft
25 Aug 2022SoldReady
AED 499,999AED 676 per sqft
20 Jun 2022RentedNew contract
AED 35,000/yr12 months · AED 47 per sqft
20 Jun 2022RentedNew contract
AED 35,000/yr12 months · AED 47 per sqft
1 Sep 2020RentedRenewal
AED 43,765/yr11 months · AED 59 per sqft
1 Aug 2019RentedNew contract
AED 40,000/yr13 months · AED 54 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
7th of 8
Parking
B-106
Developer
Danube Properties Development
Completed
2017
Service charge
AED 12,500 /yr
Last sold
AED 500K · August 2022

About 712, Glitz Residence 1

712 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. It last sold on 25 August 2022 for AED 499,999, or AED 676 per sqft, 9% above the AED 623 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 60,000 a year: a gross yield of 12.0% on the 2022 price, before the service charge of about AED 12,500 a year.

Sales and rents for 712 over time

Sales
Unit 712, 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 820,000 (AED 1,109 per sqft)Sold, August 2022: AED 499,999 (AED 676 per sqft)

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

Rents
Unit 712, 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, March 2018: AED 55,000 a yearNew contract, August 2019: AED 40,000 a yearRenewal, September 2020: AED 43,765 a yearNew contract, June 2022: AED 35,000 a yearNew contract, June 2022: AED 35,000 a yearRenewal, June 2023: AED 42,000 a yearRenewal, February 2026: AED 60,000 a yearRenewal, February 2026: AED 60,000 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 712 sits

All 64 1-beds →

712 last sold in August 2022 at AED 676 per sqft, 9% above what one-beds in Glitz Residence 1 were fetching at the time (AED 623). 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. 712's AED 60,000 is in the lower half 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 7th floor

All 146 units in Glitz Residence 1
Value
7011-bedAED 791K · Apr 2015
702StudioAED 490K · Aug 2015
7032-bedAED 1.08M · Aug 2015
7042-bedAED 1.15M · Mar 2025
705StudioAED 518K · Aug 2015
7061-bedAED 755K · Jun 2015
7071-bedAED 816K · Aug 2015
1–7 of 17

712, Glitz Residence 1 in numbers

  • Sold twice: first on 31 August 2015 for AED 820,000, last on 25 August 2022 for AED 499,999 (AED 676 per sqft).
  • Rented since March 2018 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 35,000 in 2022 and recovered to AED 60,000 by February 2026.
  • At AED 60,000 a year the gross yield on the 2022 price is 12.0%, 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 February 2026.

Questions about 712, Glitz Residence 1

What did unit 712 last sell for?

AED 499,999 on 25 August 2022: AED 676 per sqft for 739 sqft. The unit has 2 registered sales; the first was AED 820,000 in August 2015.

What is the rent for unit 712?

AED 60,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2026, was AED 60,000; the unit has been rented since March 2018.

How big is unit 712?

739 sqft (68.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2017.

What is unit 712 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 712, Glitz Residence 1

Starts from the last sale price (AED 500K, 25 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 499,999
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

Plus AED 23,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →