Studio · 407 sqftGlamz Tower 2, Al Furjan · 4th floor · completed 2020

402, Glamz Tower 2

Sold prices and rental history: sold once, by the developer in August 2016, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 456K1 August 2016
Current rentAED 50K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Glamz Tower 2

What is 402 worth today?

Last sold for AED 456,000 in 2016

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1 Dec 2024RentedNew contract
AED 50,000/yr12 months · AED 123 per sqft
19 Mar 2022RentedNew contract
AED 30,000/yr12 months · AED 73 per sqft
16 Mar 2021RentedNew contract
AED 28,000/yr12 months · AED 68 per sqft
1 Aug 2016Sold by developerOff-plan
AED 456,000AED 1,119 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
4th of 15
Parking
P1-128
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,900 /yr
Last sold
AED 456K · August 2016

About 402, Glamz Tower 2

402 is a studio of 407 sqft on the 4th floor of Glamz Tower 2, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. The developer sold it on 1 August 2016 for AED 456,000, or AED 1,119 per sqft, 9% below the AED 1,227 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 December 2024, is AED 50,000 a year: a gross yield of 11.0% on the 2016 price, before the service charge of about AED 4,900 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, August 2016: AED 456,000 (AED 1,119 per sqft)

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

Rents
Unit 402, 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, March 2021: AED 28,000 a yearNew contract, March 2022: AED 30,000 a yearNew contract, December 2024: 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 2, and where 402 sits

All 127 studios →

402 last sold in August 2016 at AED 1,119 per sqft, 9% below what studios in Glamz Tower 2 were fetching at the time (AED 1,227). 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. 402's AED 50,000 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 4th floor

All 209 units in Glamz Tower 2
Value
4011-bedAED 787K · Sep 2016
403StudioAED 455K · Sep 2016
4041-bedAED 870K · Oct 2016
405StudioAED 460K · Aug 2016
406StudioAED 460K · Aug 2016
407StudioAED 460K · Aug 2016
4081-bedAED 810K · Aug 2016
1–7 of 13

402, Glamz Tower 2 in numbers

  • Sold once: by Danube Properties Development on 1 August 2016 for AED 456,000, or AED 1,119 per sqft.
  • Rented since March 2021 on 3 Ejari contracts, from AED 28,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2016 price is 11.0%, 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 December 2024.

Questions about 402, Glamz Tower 2

What did unit 402 last sell for?

AED 456,000 on 1 August 2016, sold by the developer: AED 1,119 per sqft for 407 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 50,000 a year on the contract signed on 1 December 2024. The previous contract, from March 2022, was AED 30,000; the unit has been rented since March 2021.

How big is unit 402?

407 sqft (37.8 sqm): a studio on the 4th floor of a 15-storey tower completed in 2020.

What is unit 402 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 402, Glamz Tower 2

Starts from the last sale price (AED 456K, 1 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 456,000
Deposit, UAE resident (20%)
AED 91,200
Deposit, non-resident (40%)
AED 182,400
Monthly over 25 years at 3.7%
AED 1,866

Plus AED 22,062 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →