702, Glamz Tower 1
Sold prices and rental history: sold once, by the developer in July 2016, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Glamz Tower 1
What is 702 worth today?
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Source: Dubai Land Department. Updated 2 March 2024.
Key facts
- Type
- Studio apartment
- Size
- 407 sqft
- Floor
- 7th of 15
- Parking
- P1-85
- Developer
- Danube Properties Development
- Completed
- 2020
- Service charge
- AED 4,900 /yr
- Last sold
- AED 470K · July 2016
- Building
- Glamz Tower 1
About 702, Glamz Tower 1
702 is a studio of 407 sqft on the 7th floor of Glamz Tower 1, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. The developer sold it on 28 July 2016 for AED 470,000, or AED 1,153 per sqft, in line with the AED 1,178 studios in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 2 March 2024, is AED 43,000 a year: a gross yield of 9.2% on the 2016 price, before the service charge of about AED 4,900 a year.
Sales and rents for 702 over time
702 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 702 sits
All 127 studios →702 last sold in July 2016 at AED 1,153 per sqft, in line with 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. 702's AED 43,000 is in the lower 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 7th floor
All 208 units in Glamz Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 768 sqft | AED 805KAED 805,000 · Oct 2016October 2016 | 77,000 /yr | |
| 703 | Studio | 407 sqft | AED 470KAED 470,000 · Jun 2016June 2016 | 50,000 /yr | |
| 704 | 1-bed | 769 sqft | AED 797KAED 797,000 · Jun 2016June 2016 | 72,000 /yr | |
| 705 | Studio | 409 sqft | AED 499KAED 499,000 · Jun 2024June 2024 | 48,000 /yr | |
| 706 | Studio | 404 sqft | AED 535KAED 535,000 · Aug 2016August 2016 | 46,000 /yr | |
| 707 | Studio | 412 sqft | AED 480KAED 480,000 · Jul 2016July 2016 | ||
| 708 | 1-bed | 766 sqft | AED 835KAED 835,000 · Jun 2016June 2016 | 82,500 /yr | |
| 709 | Studio | 407 sqft | AED 480KAED 480,000 · Jul 2016July 2016 | 40,000 /yr | |
| 710 | Studio | 407 sqft | AED 480KAED 480,000 · Jul 2016July 2016 | 33,000 /yr | |
| 711 | 1-bed | 768 sqft | AED 665KAED 665,000 · May 2023May 2023 | ||
| 712 | Studio | 393 sqft | AED 530KAED 530,000 · Mar 2025March 2025 | 47,000 /yr | |
| 713 | 2-bed | 1,173 sqft | AED 1.13MAED 1,130,000 · Nov 2022November 2022 | 85,000 /yr | |
| 714 | Studio | 392 sqft | AED 460KAED 460,000 · Jun 2016June 2016 | 36,000 /yr |
702, Glamz Tower 1 in numbers
- Sold once: by Danube Properties Development on 28 July 2016 for AED 470,000, or AED 1,153 per sqft.
- Rented since March 2021 on 3 Ejari contracts, from AED 25,000 to AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2016 price is 9.2%, 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 2 March 2024.
Questions about 702, Glamz Tower 1
What did unit 702 last sell for?
AED 470,000 on 28 July 2016, sold by the developer: AED 1,153 per sqft for 407 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 43,000 a year on the contract signed on 2 March 2024. The previous contract, from March 2023, was AED 37,000; the unit has been rented since March 2021.
How big is unit 702?
407 sqft (37.8 sqm): a studio on the 7th floor of a 15-storey tower completed in 2020.
What is unit 702 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 702, Glamz Tower 1
Starts from the last sale price (AED 470K, 28 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 470,000
- Deposit, UAE resident (20%)
- AED 94,000
- Deposit, non-resident (40%)
- AED 188,000
- Monthly over 25 years at 3.7%
- AED 1,923
Plus AED 22,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →