Studio · 404 sqftGlamz Tower 1, Al Furjan · 4th floor · completed 2020

406, Glamz Tower 1

Sold prices and rental history: sold twice, last in July 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 10 May 2025
Last soldAED 380K4 July 2019
Current rentAED 38K /yr10 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Glamz Tower 1

What is 406 worth today?

Last sold for AED 380,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 May 2025RentedRenewal
AED 38,236/yr12 months · AED 95 per sqft
10 May 2024RentedRenewal
AED 34,670/yr12 months · AED 86 per sqft
10 May 2022RentedRenewal
AED 28,600/yr12 months · AED 71 per sqft
4 Jul 2019SoldOff-plan
AED 380,000AED 940 per sqft
10 Jul 2016Sold by developerOff-plan
AED 480,000AED 1,188 per sqft

Source: Dubai Land Department. Updated 10 May 2025.

Key facts

Type
Studio apartment
Size
404 sqft
Floor
4th of 15
Parking
P2-72
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,800 /yr
Last sold
AED 380K · July 2019

About 406, Glamz Tower 1

406 is a studio of 404 sqft on the 4th floor of Glamz Tower 1, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. It last sold on 4 July 2019 for AED 380,000, or AED 940 per sqft, 21% below the AED 1,188 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 10 May 2025, is AED 38,236 a year: a gross yield of 10.1% on the 2019 price, before the service charge of about AED 4,800 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical studio in Glamz Tower 1
400K500K2016201920222025Typical sale price by year: 2016 AED 480,000; 2017 AED 515,000; 2019 AED 480,000; 2021 AED 340,000; 2022 AED 370,000; 2023 AED 459,000; 2024 AED 504,500; 2025 AED 540,000Sold by developer, July 2016: AED 480,000 (AED 1,188 per sqft)Sold, July 2019: AED 380,000 (AED 940 per sqft)

406 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 406, each contractTypical studio in Glamz Tower 1
30K40K50K2021202320252027Typical rent by year: 2021 AED 27,000; 2022 AED 31,000; 2023 AED 36,000; 2024 AED 42,500; 2025 AED 46,000; 2026 AED 48,000Renewal, May 2022: AED 28,600 a yearRenewal, May 2024: AED 34,670 a yearRenewal, May 2025: AED 38,236 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Glamz Tower 1, and where 406 sits

All 127 studios →

406 last sold in July 2019 at AED 940 per sqft, 21% below what studios in Glamz Tower 1 were fetching at the time (AED 1,188). Over the last 12 months studios sold for AED 555,539, around AED 1,350 per sqft, and rent for AED 34,729 to 54,000 a year. 406's AED 38,236 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Jun 2025550,000
23 Jun 2025545,000
17 Jun 2025530,000
16 May 2025540,000
1 studio sale in the last 12 months

Glamz Tower 1

Building

208 apartments, studios to 2-bed over 15 floors in Al Furjan, completed in 2020 by Danube Properties Development. 1 sold in the last 12 months.

Typical price per sqft
AED 1,350
Typical sale
AED 556K
Typical rent
AED 52K /yr
Typical yield
8.3%
Glamz Tower 1, Al Furjan: prices, sales and rents →

Other units on the 4th floor

All 208 units in Glamz Tower 1
Value
4011-bedAED 787K · Jun 2016
402StudioAED 460K · Jul 2016
403StudioAED 460K · Jul 2016
4041-bedAED 787K · Jul 2016
405StudioAED 320K · Feb 2021
407StudioAED 315K · Jun 2021
4081-bedAED 620K · Jun 2021
1–7 of 13

406, Glamz Tower 1 in numbers

  • Sold twice: first on 10 July 2016 for AED 480,000, last on 4 July 2019 for AED 380,000 (AED 940 per sqft).
  • Rented since May 2022 on 3 Ejari contracts, from AED 28,600 to AED 38,236 a year.
  • At AED 38,236 a year the gross yield on the 2019 price is 10.1%, before a service charge of about AED 4,800 a year (AED 11.93 per sqft).
  • Studios in Glamz Tower 1 sold for AED 555,539–555,539 in the 12 months to November 2026; the building's median across all types is AED 1,350 per sqft.

Source: Dubai Land Department. Updated 10 May 2025.

Questions about 406, Glamz Tower 1

What did unit 406 last sell for?

AED 380,000 on 4 July 2019: AED 940 per sqft for 404 sqft. The unit has 2 registered sales; the first was AED 480,000 in July 2016.

What is the rent for unit 406?

AED 38,236 a year on the contract renewed on 10 May 2025. The previous contract, from May 2024, was AED 34,670; the unit has been rented since May 2022.

How big is unit 406?

404 sqft (37.5 sqm): a studio on the 4th floor of a 15-storey tower completed in 2020.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glamz Tower 1 sold for AED 555,539 to 555,539 in the last 12 months, around AED 1,350 per sqft.

Selling 406? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 406, Glamz Tower 1

Starts from the last sale price (AED 380K, 4 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

Plus AED 18,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →