Studio · 393 sqftGlamz Tower 1, Al Furjan · 5th floor · completed 2020

512, Glamz Tower 1

Sold prices and rental history: sold twice, last in September 2024, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 570K20 September 2024
Current rentAED 50K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Glamz Tower 1

What is 512 worth today?

Last sold for AED 570,000 in 2024

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1 Jun 2025RentedNew contract
AED 50,000/yr12 months · AED 129 per sqft
20 Sep 2024SoldReady
AED 570,000AED 1,451 per sqft
17 Jul 2016Sold by developerOff-plan
AED 465,000AED 1,184 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
Studio apartment
Size
393 sqft
Floor
5th of 15
Parking
P1-10
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,700 /yr
Last sold
AED 570K · September 2024

About 512, Glamz Tower 1

512 is a studio of 393 sqft on the 5th floor of Glamz Tower 1, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. It last sold on 20 September 2024 for AED 570,000, or AED 1,451 per sqft, 24% above the AED 1,169 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2025. The current contract, signed on 1 June 2025, is AED 50,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 4,700 a year.

Sales and rents for 512 over time

Sales
Unit 512, each saleTypical studio in Glamz Tower 1
400K600K2016201920222025Typical 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 465,000 (AED 1,184 per sqft)Sold, September 2024: AED 570,000 (AED 1,451 per sqft)

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

Rents
Unit 512, each contractTypical studio in Glamz Tower 1
40K2021202320252027Typical 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 48,000New contract, June 2025: AED 50,000 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 512 sits

All 127 studios →

512 last sold in September 2024 at AED 1,451 per sqft, 24% above what studios in Glamz Tower 1 were fetching at the time (AED 1,169). 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. 512's AED 50,000 is in the upper 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
8.2%
Glamz Tower 1, Al Furjan: prices, sales and rents →

Other units on the 5th floor

All 208 units in Glamz Tower 1
Value
5011-bedAED 787K · Jul 2016
502StudioAED 460K · Aug 2016
503StudioAED 460K · Aug 2016
5041-bedAED 787K · Jul 2016
505StudioAED 459K · Oct 2023
506StudioAED 440K · Jul 2023
507StudioAED 465K · Jul 2016
1–7 of 13

512, Glamz Tower 1 in numbers

  • Sold twice: first on 17 July 2016 for AED 465,000, last on 20 September 2024 for AED 570,000 (AED 1,451 per sqft).
  • Rented since June 2025 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 8.8%, before a service charge of about AED 4,700 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 1 June 2025.

Questions about 512, Glamz Tower 1

What did unit 512 last sell for?

AED 570,000 on 20 September 2024: AED 1,451 per sqft for 393 sqft. The unit has 2 registered sales; the first was AED 465,000 in July 2016.

What is the rent for unit 512?

AED 50,000 a year on the contract signed on 1 June 2025.

How big is unit 512?

393 sqft (36.5 sqm): a studio on the 5th floor of a 15-storey tower completed in 2020.

What is unit 512 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 512, Glamz Tower 1

Starts from the last sale price (AED 570K, 20 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

Plus AED 28,950 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →