Studio · 412 sqftGlamz Tower 2, Al Furjan · 4th floor · completed 2020

407, Glamz Tower 2

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

Unit 407 · DLD and Ejari recordsUpdated 29 May 2025
Last soldAED 460K21 August 2016
Current rentAED 44K /yr29 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Glamz Tower 2

What is 407 worth today?

Last sold for AED 460,000 in 2016

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29 May 2025RentedNew contract
AED 44,000/yr12 months · AED 107 per sqft
6 May 2024RentedNew contract
AED 38,000/yr12 months · AED 92 per sqft
6 May 2023RentedNew contract
AED 33,000/yr12 months · AED 80 per sqft
6 May 2022RentedNew contract
AED 28,600/yr12 months · AED 70 per sqft
6 May 2021RentedNew contract
AED 26,000/yr12 months · AED 64 per sqft
21 Aug 2016Sold by developerOff-plan
AED 460,000AED 1,117 per sqft

Source: Dubai Land Department. Updated 29 May 2025.

Key facts

Type
Studio apartment
Size
412 sqft
Floor
4th of 15
Parking
B-129
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,900 /yr
Last sold
AED 460K · August 2016

About 407, Glamz Tower 2

407 is a studio of 412 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 21 August 2016 for AED 460,000, or AED 1,117 per sqft, 9% below the AED 1,227 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 29 May 2025, is AED 44,000 a year: a gross yield of 9.6% on the 2016 price, before the service charge of about AED 4,900 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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 460,000 (AED 1,117 per sqft)

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

Rents
Unit 407, 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, May 2021: AED 26,000 a yearNew contract, May 2022: AED 28,600 a yearNew contract, May 2023: AED 33,000 a yearNew contract, May 2024: AED 38,000 a yearNew contract, May 2025: AED 44,000 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 407 sits

All 127 studios →

407 last sold in August 2016 at AED 1,117 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. 407's AED 44,000 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
402StudioAED 456K · Aug 2016
403StudioAED 455K · Sep 2016
4041-bedAED 870K · Oct 2016
405StudioAED 460K · Aug 2016
406StudioAED 460K · Aug 2016
4081-bedAED 810K · Aug 2016
1–7 of 13

407, Glamz Tower 2 in numbers

  • Sold once: by Danube Properties Development on 21 August 2016 for AED 460,000, or AED 1,117 per sqft.
  • Rented since May 2021 on 5 Ejari contracts, from AED 26,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2016 price is 9.6%, 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 29 May 2025.

Questions about 407, Glamz Tower 2

What did unit 407 last sell for?

AED 460,000 on 21 August 2016, sold by the developer: AED 1,117 per sqft for 412 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 44,000 a year on the contract signed on 29 May 2025. The previous contract, from May 2024, was AED 38,000; the unit has been rented since May 2021.

How big is unit 407?

412 sqft (38.3 sqm): a studio on the 4th floor of a 15-storey tower completed in 2020.

What is unit 407 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 407, Glamz Tower 2

Starts from the last sale price (AED 460K, 21 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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