802, Glitz Residence 1
Sold prices and rental history: sold once, by the developer in August 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 802, Glitz Residence 1
What is 802 worth today?
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Source: Dubai Land Department. Updated 1 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 465 sqft
- Floor
- 8th of 8
- Parking
- B-43
- Developer
- Danube Properties Development
- Completed
- 2017
- Service charge
- AED 7,900 /yr
- Last sold
- AED 492K · August 2015
- Building
- Glitz Residence 1
About 802, Glitz Residence 1
802 is a studio of 465 sqft on the 8th 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 16 August 2015 for AED 492,302, or AED 1,058 per sqft, in line with the AED 1,042 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 March 2025, is AED 31,762 a year: a gross yield of 6.5% on the 2015 price, before the service charge of about AED 7,900 a year.
Sales and rents for 802 over time
802 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Glitz Residence 1, and where 802 sits
All 31 studios →802 last sold in August 2015 at AED 1,058 per sqft, in line with what studios in Glitz Residence 1 were fetching at the time (AED 1,042). Over the last 12 months studios sold for AED 440,000, around AED 975 per sqft, and rent for AED 41,000 to 50,000 a year. 802's AED 31,762 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 May 20252 May 2025 | 465 sqft | 530,000 | 1,140 | ||
| 20 May 202420 May 2024 | 450 sqft | 499,999 | 1,110 | ||
| 5 Feb 20245 February 2024 | 226 sqft | 175,000 | 775 | ||
| 23 Oct 202323 October 2023 | 574 sqft | 490,000 | 853 |
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 8th floor
All 146 units in Glitz Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 786 sqft | AED 795KAED 795,118 · Feb 2015February 2015 | 48,500 /yr | |
| 803 | 2-bed | 1,200 sqft | AED 1.05MAED 1,050,000 · Mar 2025March 2025 | 87,000 /yr | |
| 804 | 2-bed | 1,196 sqft | AED 865KAED 865,000 · Mar 2023March 2023 | 60,000 /yr | |
| 805 | Studio | 490 sqft | AED 521KAED 520,530 · Jun 2015June 2015 | 37,000 /yr | |
| 806 | 1-bed | 672 sqft | AED 650KAED 650,000 · Dec 2024December 2024 | 56,500 /yr | |
| 807 | 1-bed | 739 sqft | AED 819KAED 819,368 · Mar 2017March 2017 | 62,000 /yr | |
| 808 | 1-bed | 674 sqft | AED 758KAED 758,435 · Aug 2015August 2015 | 60,000 /yr | |
| 809 | 3-bed | 1,647 sqft | AED 1.35MAED 1,350,000 · Jun 2024June 2024 | 73,000 /yr | |
| 810 | 3-bed | 1,647 sqft | AED 1.5MAED 1,500,050 · Aug 2015August 2015 | 105,000 /yr | |
| 811 | 1-bed | 675 sqft | AED 758KAED 758,435 · Aug 2015August 2015 | 41,910 /yr | |
| 812 | 1-bed | 739 sqft | AED 819KAED 819,368 · Jun 2015June 2015 | 34,000 /yr | |
| 813 | 1-bed | 674 sqft | AED 758KAED 758,435 · Apr 2015April 2015 | 35,000 /yr | |
| 814 | Studio | 490 sqft | AED 521KAED 520,530 · Aug 2015August 2015 | 41,475 /yr | |
| 815 | 2-bed | 1,197 sqft | AED 1.05MAED 1,050,000 · Apr 2025April 2025 | 85,000 /yr | |
| 816 | 2-bed | 1,175 sqft | AED 1.08MAED 1,083,081 · Jun 2015June 2015 | 90,000 /yr | |
| 817 | 451 sqft | AED 440KAED 440,000 · Nov 2025November 2025 | 40,000 /yr | ||
| 818 | 1-bed | 762 sqft | AED 475KAED 475,000 · Aug 2022August 2022 | 30,000 /yr |
802, Glitz Residence 1 in numbers
- Sold once: by Danube Properties Development on 16 August 2015 for AED 492,302, or AED 1,058 per sqft.
- Rented since February 2018 on 6 Ejari contracts. The rent fell from AED 42,000 to AED 24,480 in 2021 and recovered to AED 31,762 by March 2025.
- At AED 31,762 a year the gross yield on the 2015 price is 6.5%, before a service charge of about AED 7,900 a year (AED 16.96 per sqft).
- Studios in Glitz Residence 1 sold for AED 440,000–440,000 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 2025.
Questions about 802, Glitz Residence 1
What did unit 802 last sell for?
AED 492,302 on 16 August 2015, sold by the developer: AED 1,058 per sqft for 465 sqft. It is the only registered sale of the unit.
What is the rent for unit 802?
AED 31,762 a year on the contract signed on 1 March 2025. The previous contract, from February 2021, was AED 24,480; the unit has been rented since February 2018.
How big is unit 802?
465 sqft (43.2 sqm): a studio on the 8th floor of a 8-storey tower completed in 2017.
What is unit 802 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glitz Residence 1 sold for AED 440,000 to 440,000 in the last 12 months, around AED 975 per sqft.
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Mortgage on 802, Glitz Residence 1
Starts from the last sale price (AED 492K, 16 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 492,302
- Deposit, UAE resident (20%)
- AED 98,460
- Deposit, non-resident (40%)
- AED 196,921
- Monthly over 25 years at 3.7%
- AED 2,014
Plus AED 23,587 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →