705, Glamz Tower 1
Sold prices and rental history: sold twice, last in June 2024, 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 705, Glamz Tower 1
What is 705 worth today?
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Source: Dubai Land Department. Updated 25 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 409 sqft
- Floor
- 7th of 15
- Parking
- B-105
- Developer
- Danube Properties Development
- Completed
- 2020
- Service charge
- AED 4,900 /yr
- Last sold
- AED 499K · June 2024
- Building
- Glamz Tower 1
About 705, Glamz Tower 1
705 is a studio of 409 sqft on the 7th floor of Glamz Tower 1, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. It last sold on 11 June 2024 for AED 499,000, or AED 1,218 per sqft, 8% above the AED 1,131 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 25 November 2024, is AED 48,000 a year: a gross yield of 9.6% on the 2024 price, before the service charge of about AED 4,900 a year.
Sales and rents for 705 over time
705 has sold twice; 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 705 sits
All 127 studios →705 last sold in June 2024 at AED 1,218 per sqft, 8% above what studios in Glamz Tower 1 were fetching at the time (AED 1,131). 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. 705'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 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 | |
| 702 | Studio | 407 sqft | AED 470KAED 470,000 · Jul 2016July 2016 | 43,000 /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 | |
| 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 |
705, Glamz Tower 1 in numbers
- Sold twice: first on 1 August 2016 for AED 470,000, last on 11 June 2024 for AED 499,000 (AED 1,218 per sqft).
- Rented since August 2021 on 5 Ejari contracts, from AED 28,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2024 price is 9.6%, 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 25 November 2024.
Questions about 705, Glamz Tower 1
What did unit 705 last sell for?
AED 499,000 on 11 June 2024: AED 1,218 per sqft for 409 sqft. The unit has 2 registered sales; the first was AED 470,000 in August 2016.
What is the rent for unit 705?
AED 48,000 a year on the contract signed on 25 November 2024. The previous contract, from April 2024, was AED 40,000; the unit has been rented since August 2021.
How big is unit 705?
409 sqft (38.0 sqm): a studio on the 7th floor of a 15-storey tower completed in 2020.
What is unit 705 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 705? Put it on the OpenOffers board
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Mortgage on 705, Glamz Tower 1
Starts from the last sale price (AED 499K, 11 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 499,000
- Deposit, UAE resident (20%)
- AED 99,800
- Deposit, non-resident (40%)
- AED 199,600
- Monthly over 25 years at 3.7%
- AED 2,042
Plus AED 23,868 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →