Studio · 412 sqftGlamz Tower 2, Al Furjan · 5th floor · completed 2020

507, 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 507 · DLD and Ejari recordsUpdated 25 March 2025
Last soldAED 505K11 July 2016
Current rentAED 42K /yr25 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Glamz Tower 2

What is 507 worth today?

Last sold for AED 505,000 in 2016

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25 Mar 2025RentedNew contract
AED 42,000/yr12 months · AED 102 per sqft
25 Mar 2022RentedNew contract
AED 32,000/yr12 months · AED 78 per sqft
11 Jul 2016Sold by developerOff-plan
AED 505,000AED 1,227 per sqft

Source: Dubai Land Department. Updated 25 March 2025.

Key facts

Type
Studio apartment
Size
412 sqft
Floor
5th of 15
Parking
B-128
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,900 /yr
Last sold
AED 505K · July 2016

About 507, Glamz Tower 2

507 is a studio of 412 sqft on the 5th 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 505,000, or AED 1,227 per sqft, in line with 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, signed on 25 March 2025, is AED 42,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 4,900 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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 505,000 (AED 1,227 per sqft)

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

Rents
Unit 507, 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 2022: AED 32,000 a yearNew contract, March 2025: AED 42,000 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 507 sits

All 127 studios →

507 last sold in July 2016 at AED 1,227 per sqft, in line with 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. 507's AED 42,000 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 5th floor

All 209 units in Glamz Tower 2
Value
5011-bedAED 830K · Jul 2016
502StudioAED 500K · Jul 2016
503StudioAED 535K · Jun 2025
5041-bedAED 830K · Jun 2016
505StudioAED 495K · Jul 2016
506StudioAED 540K · May 2025
5081-bedAED 870K · Jun 2016
1–7 of 13

507, Glamz Tower 2 in numbers

  • Sold once: by Danube Properties Development on 11 July 2016 for AED 505,000, or AED 1,227 per sqft.
  • Rented since March 2022 on 2 Ejari contracts, from AED 32,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2016 price is 8.3%, 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 25 March 2025.

Questions about 507, Glamz Tower 2

What did unit 507 last sell for?

AED 505,000 on 11 July 2016, sold by the developer: AED 1,227 per sqft for 412 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 42,000 a year on the contract signed on 25 March 2025. The previous contract, from March 2022, was AED 32,000.

How big is unit 507?

412 sqft (38.3 sqm): a studio on the 5th floor of a 15-storey tower completed in 2020.

What is unit 507 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 507, Glamz Tower 2

Starts from the last sale price (AED 505K, 11 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 505,000
Deposit, UAE resident (20%)
AED 101,000
Deposit, non-resident (40%)
AED 202,000
Monthly over 25 years at 3.7%
AED 2,066

Plus AED 26,220 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →