Studio · 407 sqftGlamz Tower 2, Al Furjan · 2nd floor · completed 2020

203, Glamz Tower 2

Sold prices and rental history: sold once, by the developer in July 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 480K11 July 2016
Current rentAED 48K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Glamz Tower 2

What is 203 worth today?

Last sold for AED 480,000 in 2016

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1 Sep 2024RentedRenewal
AED 48,000/yr12 months · AED 117 per sqft
1 Sep 2022RentedNew contract
AED 44,000/yr12 months · AED 108 per sqft
11 Jul 2016Sold by developerOff-plan
AED 480,000AED 1,178 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
2nd of 15
Parking
P1-131
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,900 /yr
Last sold
AED 480K · July 2016

About 203, Glamz Tower 2

203 is a studio of 407 sqft on the 2nd floor of Glamz Tower 2, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. The developer sold it on 11 July 2016 for AED 480,000, or AED 1,178 per sqft, 3% below the AED 1,216 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 48,000 a year: a gross yield of 10.0% on the 2016 price, before the service charge of about AED 4,900 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical studio in Glamz Tower 2
400K500K2016201920222025Typical sale price by year: 2016 AED 495,000; 2018 AED 492,500; 2020 AED 497,500; 2021 AED 352,500; 2022 AED 355,000; 2023 AED 435,000; 2024 AED 507,500; 2025 AED 542,500Sold by developer, July 2016: AED 480,000 (AED 1,178 per sqft)

203 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 203, each contractTypical studio in Glamz Tower 2
40K2021202320252027Typical rent by year: 2021 AED 27,000; 2022 AED 30,500; 2023 AED 36,000; 2024 AED 45,000; 2025 AED 47,000; 2026 AED 49,300New contract, September 2022: AED 44,000 a yearRenewal, September 2024: AED 48,000 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 2, and where 203 sits

All 127 studios →

203 last sold in July 2016 at AED 1,178 per sqft, 3% below what studios in Glamz Tower 2 were fetching at the time (AED 1,216). Over the last 12 months studios sold for AED 545,000 to 600,000, around AED 1,349 per sqft, and rent for AED 24,108 to 55,000 a year. 203's AED 48,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
14 Jan 2026590,000
10 Dec 2025550,000
10 Dec 2025545,000
22 Jul 2025550,000
5 studio sales in the last 12 months

Glamz Tower 2

Building

209 apartments, studios to 2-bed over 15 floors in Al Furjan, completed in 2020 by Danube Properties Development. 8 sold in the last 12 months.

Typical price per sqft
AED 1,314
Typical sale
AED 595K
Typical rent
AED 52K /yr
Typical yield
8.9%
Glamz Tower 2, Al Furjan: prices, sales and rents →

Other units on the 2nd floor

All 209 units in Glamz Tower 2
Value
2011-bedAED 830K · Aug 2016
202StudioAED 480K · Jul 2016
2041-bedAED 920K · Apr 2025
205StudioAED 535K · Aug 2016
206AED 545K · Nov 2025
207StudioAED 380K · Nov 2022
2081-bedAED 830K · Aug 2016
1–7 of 13

203, Glamz Tower 2 in numbers

  • Sold once: by Danube Properties Development on 11 July 2016 for AED 480,000, or AED 1,178 per sqft.
  • Rented since September 2022 on 2 Ejari contracts, from AED 44,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2016 price is 10.0%, before a service charge of about AED 4,900 a year (AED 11.93 per sqft).
  • Studios in Glamz Tower 2 sold for AED 545,000–600,000 in the 12 months to November 2026; the building's median across all types is AED 1,314 per sqft.

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 203, Glamz Tower 2

What did unit 203 last sell for?

AED 480,000 on 11 July 2016, sold by the developer: AED 1,178 per sqft for 407 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 48,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2022, was AED 44,000.

How big is unit 203?

407 sqft (37.8 sqm): a studio on the 2nd floor of a 15-storey tower completed in 2020.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glamz Tower 2 sold for AED 545,000 to 600,000 in the last 12 months, around AED 1,349 per sqft.

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Mortgage on 203, Glamz Tower 2

Starts from the last sale price (AED 480K, 11 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →