PropertyIndex

Glitz Residence 1

Completed · Q3 2017|151 units · 1 building

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Glitz Residence 1 is a completed apartment development by DANUBE PROPERTIES DEVELOPMENT L.L.C in Dubai Studio City, Al Hebiah Second, comprising 151 registered units. 238 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,015 per sqft. At AED 1,015 per sqft, Glitz Residence 1 prices 38% below the Dubai Studio City average of AED 1,646 per sqft on registered sales.

PIX© price · 1.8% YoY
864KAED
Typical
1,015AED
PSF
Gross yield
7.5%
PIX© rent ÷ PIX© price
Sale records
238
DLD · all time
Rent contracts
882
Ejari · all time
Glitz Residence 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
450 – 1,647 sqft
151864K1,0151.8%65K7.5%
Residential
Studio · Apartment
450 – 574 sqft
34
1 Bed · Apartment
672 – 1,117 sqft
66
2 Bed · Apartment
1,175 – 1,535 sqft
32
3 Bed · Apartment
1,647 sqft
14
Commercial
Shop
1,039 – 1,491 sqft
5
Sales — Project-Wide238 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
9 Jul 2026StudioFloor 1484490,0001,012+2.2%StandardStandard Sale
23 Jun 20261 BedFloor 7674750,0001,113-2.6%StandardStandard Sale
1 Jun 20261 BedFloor 7675665,000985-13.6%StandardStandard Sale
Rentals — Project-Wide882 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 167 rentals
Floors 1-6 · 133 rentals
Floors 7-8 · 34 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
13 Aug 20262 BedFloor 31,19780,000670.0%Standardnew
12 Aug 20261 BedFloor 767560,00089+13.6%Standardnew
10 Aug 2026StudioFloor 749041,50085-17.0%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Studio City

The closest-priced registered projects in Dubai Studio City.

Common questions about Glitz Residence 1

Answered from Dubai Land Department registered transactions.

How much does a property in Glitz Residence 1 cost?

Property in Glitz Residence 1 sells at a current PIX© price of AED 1,015 per sqft, or about AED 864,049 for a typical unit, based on 238 sales registered with the Dubai Land Department.

Is Glitz Residence 1 completed?

Yes. Glitz Residence 1 is recorded as completed in the Dubai Land Department project register (completed q3 2017).

Who is the developer of Glitz Residence 1?

Glitz Residence 1 is developed by DANUBE PROPERTIES DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Glitz Residence 1?

Glitz Residence 1 yields 7.5% gross, calculated from current PIX© rent against current PIX© sale price, across 882 registered Ejari contracts.

How many units are in Glitz Residence 1?

Glitz Residence 1 holds 151 registered units, per the Dubai Land Department unit register.

Have prices in Glitz Residence 1 gone up or down?

Price per sqft has risen +1.8% over the last 12 months, to AED 1,015, across 238 registered sales.