Dubai project data

GLITZ RESIDENCE 1: rents and rent contracts

جليتس ريزيدنس 1

Registered sales and rent contracts for the project GLITZ RESIDENCE 1 in Al Hebiah Second, from Dubai Land Department open data.

GLITZ RESIDENCE 1 (Al Hebiah Second): 84 registered rent contracts in the 12 months to September 2026, median annual rent AED 60,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
11
no comparison vs previous 12 months
Median price per sq ft
AED 998 per sq ft
no comparison vs previous 12 months
Gross rental yield
under 30 sales (11)

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Registered mortgage transactions only, without interest rates and without lenders.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in GLITZ RESIDENCE 1

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready11AED 998 per sq ft975 – 1,113

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in GLITZ RESIDENCE 1

Median annual rent
AED 60,000
Middle range of registered annual rents: AED 49,000 – AED 71,400
Gross rental yield
under 30 sales (11)

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Too few ready apartment sales for a gross rental yield: 11 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price per sq ft and rents by unit type in GLITZ RESIDENCE 1

Unit typeSalesMedian per sq ftMedian annual rentGross yield
Studio6AED 990 per sq ftAED 43,000under 30 sales (6)
1 bedroom4AED 998 per sq ftAED 60,000under 30 sales (4)
2 bedroomsunder 3under 3AED 80,000under 3 sales
3 bedroomsunder 3under 3AED 110,000under 3 sales

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in GLITZ RESIDENCE 1

MonthSalesMedian per sq ftRent contracts
Oct 2024under 3under 39
Nov 2024under 3under 34
Dec 2024under 3under 36
Jan 2025under 3under 38
Feb 2025under 3under 36
Mar 20253AED 930 per sq ft13
Apr 2025under 3under 39
May 2025under 3under 36
Jun 2025under 3under 37
Jul 2025under 3under 37
Aug 2025under 3under 37
Sep 20253AED 940 per sq ft5
Oct 2025under 3under 312
Nov 2025under 3under 37
Dec 2025under 3under 34
Jan 2026under 3under 36
Feb 2026under 3under 37
Mar 2026under 3under 39
Apr 2026under 3under 33
May 2026under 3under 37
Jun 2026under 3under 37
Jul 2026under 3under 34
Aug 2026under 3under 311
Sep 2026under 3under 37
Sales per calendar year
YearSalesMedian per sq ft
2015136AED 1,029 per sq ft
201614AED 1,034 per sq ft
20179AED 1,000 per sq ft
20195AED 817 per sq ft
20205AED 676 per sq ft
20214AED 593 per sq ft
20228AED 594 per sq ft
202317AED 744 per sq ft
202413AED 809 per sq ft
202516AED 940 per sq ft

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

GLITZ RESIDENCE 1 is a project in the DLD area Al Hebiah Second.

Names as in the registered transactions and rent contracts; company names are not shown.

More projects in Al Hebiah Second

Questions about GLITZ RESIDENCE 1

How many sales were registered in GLITZ RESIDENCE 1?
11 sales were registered in GLITZ RESIDENCE 1 in Oct 2025 – Sep 2026.
What is the median price per sq ft in GLITZ RESIDENCE 1?
The median price of registered sales in GLITZ RESIDENCE 1 was AED 998 per sq ft in Oct 2025 – Sep 2026.
What is the median annual rent in GLITZ RESIDENCE 1?
The median annual rent of registered rent contracts in GLITZ RESIDENCE 1 was AED 60,000 in Oct 2025 – Sep 2026.
Which DLD area is GLITZ RESIDENCE 1 in?
GLITZ RESIDENCE 1 is registered in the Dubai Land Department area Al Hebiah Second.

Method and source

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae