Glitz 1 is one of three buildings in the Glitz residential complex located in Dubai Studio City. Developed by Danube Properties, the nine-storey building was built in 2017 and consists of a total of 146 units, including studios and one- to three-bedroom apartments featuring modern interiors. There are five retail spaces on the lower floors that are available to rent. In addition, the building includes underground parking for residents and several high-speed elevators.
Glitz 1 provides round-the-clock security with video surveillance. Residents and guests are greeted by a concierge in the lobby situated on the first floor. DEWA and Empower provide the utilities, and there are onsite fire extinguishers and a reserve power supply system.
Residents can enjoy a variety of amenities, including:
Apartments range in size from 465 sq. ft (43 sq. m) to 1,647 sq. ft (153 sq. m). Interiors feature elegant finishes and spacious balconies with beautiful views of the surrounding area. Residents have all the necessary facilities for a comfortable living environment.
The most popular properties are one-bedroom apartments, which cost approximately AED 1,000,000 (USD 272,259).
*The price is valid for 2021
Dubai Studio City is a well-connected part of the metropolis. The nearest bus stop is Operation Office 2, which can be reached within a two-minute walk of the apartments. The Nakheel Metro Station is situated within a 15-minute drive, and cab services can be found throughout the neighbourhood. Dubai International Airport is located within a 30-minute drive.
The nearest supermarket is SPAR Express, which is situated on the first floor of Glitz 2. Blue Mart and Spinneys are also located within walking distance of the complex and offer groceries and household essentials, and there is a large supermarket offering imported British goods in Dubai Motor City.
Residents have access to local cafés and restaurants, such as Caporilli’s, Circle, and the Kana, which can be reached within a three-minute walk of the apartments. Palermo, a steak and seafood restaurant, and Taqado, a Mexican restaurant, are located within a five-minute walk.
Glitz 1 is situated near several popular attractions, including:
Glitz 1 offers real estate that is considered to be a part of an elite segment. However, properties can be purchased at affordable prices, which attracts investors and tenants to the area. Dubai Studio City is a vibrant and well-developed part of the emirate.
The complex has apartments available for sale and rent, and the average rental price for a one-bedroom apartment is AED 45,000 (USD 12,252), per year.
Three-bedroom apartments have the highest return on investment rate of approximately 8.4%.
*The price is valid for 2021
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