502, Glamz Tower 1
Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Glamz Tower 1
What is 502 worth today?
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Source: Dubai Land Department. Updated 16 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 407 sqft
- Floor
- 5th of 15
- Parking
- P1-89
- Developer
- Danube Properties Development
- Completed
- 2020
- Service charge
- AED 4,900 /yr
- Last sold
- AED 460K · August 2016
- Building
- Glamz Tower 1
About 502, Glamz Tower 1
502 is a studio of 407 sqft on the 5th floor of Glamz Tower 1, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. The developer sold it on 1 August 2016 for AED 460,000, or AED 1,129 per sqft, 4% below the AED 1,178 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 16 November 2025, is AED 48,000 a year: a gross yield of 10.4% on the 2016 price, before the service charge of about AED 4,900 a year.
Sales and rents for 502 over time
502 has sold once; the dashed line is the studio median of each year in the building.
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 502 sits
All 127 studios →502 last sold in August 2016 at AED 1,129 per sqft, 4% below what studios in Glamz Tower 1 were fetching at the time (AED 1,178). 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. 502's AED 48,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jun 202523 June 2025 | 409 sqft | 550,000 | 1,343 | ||
| 23 Jun 202523 June 2025 | 404 sqft | 545,000 | 1,349 | ||
| 17 Jun 202517 June 2025 | 407 sqft | 530,000 | 1,303 | ||
| 16 May 202516 May 2025 | 407 sqft | 540,000 | 1,327 |
Glamz Tower 1
Building208 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
- 8.2%
Other units on the 5th floor
All 208 units in Glamz Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 768 sqft | AED 787KAED 787,000 · Jul 2016July 2016 | 77,446 /yr | |
| 503 | Studio | 407 sqft | AED 460KAED 460,000 · Aug 2016August 2016 | 48,000 /yr | |
| 504 | 1-bed | 769 sqft | AED 787KAED 787,000 · Jul 2016July 2016 | 75,000 /yr | |
| 505 | Studio | 409 sqft | AED 459KAED 459,000 · Oct 2023October 2023 | 45,000 /yr | |
| 506 | Studio | 404 sqft | AED 440KAED 440,000 · Jul 2023July 2023 | 50,000 /yr | |
| 507 | Studio | 412 sqft | AED 465KAED 465,000 · Jul 2016July 2016 | ||
| 508 | 1-bed | 766 sqft | AED 810KAED 810,000 · Jul 2016July 2016 | ||
| 509 | Studio | 407 sqft | AED 460KAED 460,000 · Oct 2023October 2023 | 44,000 /yr | |
| 510 | Studio | 407 sqft | AED 480KAED 480,000 · May 2019May 2019 | ||
| 511 | 1-bed | 768 sqft | AED 790KAED 790,000 · Oct 2023October 2023 | ||
| 512 | Studio | 393 sqft | AED 570KAED 570,000 · Sep 2024September 2024 | 50,000 /yr | |
| 513 | 2-bed | 1,173 sqft | AED 1.12MAED 1,120,000 · Feb 2024February 2024 | 100,000 /yr | |
| 514 | Studio | 392 sqft | AED 450KAED 450,000 · Sep 2016September 2016 | 43,000 /yr |
502, Glamz Tower 1 in numbers
- Sold once: by Danube Properties Development on 1 August 2016 for AED 460,000, or AED 1,129 per sqft.
- Rented since May 2021 on 5 Ejari contracts, from AED 36,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2016 price is 10.4%, before a service charge of about AED 4,900 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 16 November 2025.
Questions about 502, Glamz Tower 1
What did unit 502 last sell for?
AED 460,000 on 1 August 2016, sold by the developer: AED 1,129 per sqft for 407 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 48,000 a year on the contract signed on 16 November 2025. The previous contract, from August 2024, was AED 45,000; the unit has been rented since May 2021.
How big is unit 502?
407 sqft (37.8 sqm): a studio on the 5th floor of a 15-storey tower completed in 2020.
What is unit 502 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.
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Mortgage on 502, Glamz Tower 1
Starts from the last sale price (AED 460K, 1 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 460,000
- Deposit, UAE resident (20%)
- AED 92,000
- Deposit, non-resident (40%)
- AED 184,000
- Monthly over 25 years at 3.7%
- AED 1,882
Plus AED 22,230 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →