What is the rental yield in Glitz Residence 1?

Glitz Residence 1 returns 8.00% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 43 rental contracts registered in the last 24 months.

How much does a 1 bedroom in Glitz Residence 1 cost?

The median registered sale price is AED 730,000 (974 AED/sqft), from 11 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Glitz Residence 1 selling for right now?

Registered sales of ready units in Glitz Residence 1 over the last 12 months have a median of 992 AED/sqft, across 6 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Glitz Residence 1 risen or fallen?

Median price per square foot moved +2.2% over the last 12 months against the 12 before it, on 11 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Glitz Residence 1 compare with Dubai Studio City?

Its 8.00% gross yield sits -0.1 pts against the Dubai Studio City median of 8.07%, computed at the same bedroom grain over the same 24-month window.

Glitz Residence 1 — sale prices & yield

Buy: 730,000AED; AED 992/sqft
Long-let: 8.00%; AED 60,000/yr
Short-let: 14.35%; AED 476/night · 0.63/sqft

Price per sqft: Median of 6 registered sales of ready units in the last 12 months, most recent June 2026.

Priced off the last 5 sales — most recent June 2026.

Yield spread: -0.1 pts; vs the Dubai Studio City median for this unit type
Turnover upside: +3.9%; new tenants pay more than sitting ones — 33 renewals
AED/yr/sqft: AED 86
Sales: 11
Rental contracts: 43
Renewal rent: AED 57,750/yr

12 months: +2.2%
3 years: +47.4%+13.8%/yr

Based on 11 sales and 43 rental contracts in the last 24 months.

Glitz Residence 1 is an apartment building in Dubai Studio City, Dubai. The closest metro station is Sharaf Dg Metro Station, the nearest mall Mall of the Emirates and the nearest landmark Motor City. Land Department records for it run from 2015 to 2026, 458 registered sales in all — the 11 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Glitz Residence 1, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 490,000	1010	8.93% +0.5 pts	-12.9%	7
1 bed	AED 730,000	974	8.00% -0.1 pts	+2.2%	11
2 bed	AED 1.05M	877	8.14% +0.6 pts	—	5
3 bed	AED 1.53M	929	8.73%	—	1

Deltas compare each yield with the Dubai Studio City median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

2 bed: Priced off the last 5 sales — most recent May 2025.
3 bed: Priced off the last 5 sales — most recent July 2025.

Short-let rates around Glitz Residence 1

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
Studio500m	450	0.93	AED 102,776	AED 43,750	2.3×	20.97%	3+
1 bed500m	476	0.63	AED 104,751	AED 60,000	1.7×	14.35%	13+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Glitz Residence 1 itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Glitz Residence 1 between 2015 and 2017 went for a median of AED 1,027/sqft (AED 787,237). The same building resells today at AED 969/sqft (AED 725,000) — an uplift of -7.9%.

Based on 152 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

12 resales in the last 12 months, against 15 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
9 Jul 2026	Studio	484	AED 490,000	1,012
23 Jun 2026	1 bed	674	AED 750,000	1,113
1 Jun 2026	1 bed	675	AED 665,000	985

3 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
8 Sept 2026	3 bed	1,647	AED 104,420	63	New
5 Sept 2026	Studio	465	AED 41,000	88	New
25 Aug 2026	1 bed	786	AED 52,000	66	New
24 Aug 2026	1 bed	782	AED 57,000	73	New
22 Aug 2026	3 bed	1,647	AED 107,000	65	New
13 Aug 2026	2 bed	1,197	AED 80,000	67	New
12 Aug 2026	1 bed	675	AED 60,000	89	New
10 Aug 2026	Studio	490	AED 41,500	85	New
10 Aug 2026	2 bed	1,535	AED 80,000	52	Renewal
4 Aug 2026	1 bed	675	AED 58,000	86	New
1 Aug 2026	Studio	466	AED 42,000	90	New
20 Jul 2026	2 bed	1,196	AED 113,000	95	Renewal
15 Jul 2026	1 bed	1,117	AED 58,500	52	Renewal
4 Jul 2026	1 bed	762	AED 56,000	74	New
1 Jul 2026	2 bed	1,197	AED 71,400	60	Renewal
26 Jun 2026	Studio	465	AED 43,500	94	Renewal
22 Jun 2026	Studio	451	AED 47,000	104	Renewal
21 Jun 2026	2 bed	1,200	AED 75,000	63	Renewal
2 Jun 2026	1 bed	672	AED 51,000	76	New
1 Jun 2026	Studio	490	AED 38,587	79	Renewal
1 Jun 2026	2 bed	1,200	AED 81,000	68	Renewal
1 Jun 2026	1 bed	674	AED 58,000	86	New

22 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors: 9
Flats: 146
Lifts: 3
Flats per lift: 48.67

Nearby

Metro: Sharaf Dg Metro Station
Mall: Mall of the Emirates
Landmark: Motor City

Compare with nearby buildings

The most-traded buildings in Dubai Studio City, on the same figures over the same window.

Highest rental yields in Dubai Studio City · Glitz Residence 1 places 7th of 12

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The First Collection at Dubai Studio City
AZIZI Mirage 1 - TOWER 2 · 9.33%
Verano by Prescott
Beach Oasis 2 - Tower B
Beach Oasis 2 - Tower A
Azizi Vista · 7.50%
Ghaff Land Residence

Common questions

What is the rental yield in Glitz Residence 1?: Glitz Residence 1 returns 8.00% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 43 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Glitz Residence 1 cost?: The median registered sale price is AED 730,000 (974 AED/sqft), from 11 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Glitz Residence 1 selling for right now?: Registered sales of ready units in Glitz Residence 1 over the last 12 months have a median of 992 AED/sqft, across 6 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Glitz Residence 1 risen or fallen?: Median price per square foot moved +2.2% over the last 12 months against the 12 before it, on 11 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Glitz Residence 1 compare with Dubai Studio City?: Its 8.00% gross yield sits -0.1 pts against the Dubai Studio City median of 8.07%, computed at the same bedroom grain over the same 24-month window.

Glitz Residence 1