Studio · 407 sqftGlamz Tower 2, Al Furjan · 6th floor · completed 2020

602, Glamz Tower 2

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

Unit 602 · DLD and Ejari recordsUpdated 3 December 2024
Last soldAED 490K11 July 2016
Current rentAED 45K /yr3 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Glamz Tower 2

What is 602 worth today?

Last sold for AED 490,000 in 2016

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3 Dec 2024RentedRenewal
AED 45,000/yr12 months · AED 113 per sqft
3 Dec 2024RentedRenewal
AED 45,000/yr12 months · AED 110 per sqft
3 Dec 2023RentedNew contract
AED 45,000/yr12 months · AED 110 per sqft
2 Dec 2022RentedNew contract
AED 38,000/yr12 months · AED 93 per sqft
3 Apr 2022RentedRenewal
AED 29,000/yr12 months · AED 71 per sqft
15 Mar 2021RentedNew contract
AED 27,000/yr13 months · AED 66 per sqft
11 Jul 2016Sold by developerOff-plan
AED 490,000AED 1,202 per sqft

Source: Dubai Land Department. Updated 3 December 2024.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
6th of 15
Parking
P1-124
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,900 /yr
Last sold
AED 490K · July 2016

About 602, Glamz Tower 2

602 is a studio of 407 sqft on the 6th 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 490,000, or AED 1,202 per sqft, in line with the AED 1,216 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 3 December 2024, is AED 45,000 a year: a gross yield of 9.2% on the 2016 price, before the service charge of about AED 4,900 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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 490,000 (AED 1,202 per sqft)

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

Rents
Unit 602, 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 27,000 a yearRenewal, April 2022: AED 29,000 a yearNew contract, December 2022: AED 38,000 a yearNew contract, December 2023: AED 45,000 a yearRenewal, December 2024: AED 45,000 a yearRenewal, December 2024: AED 45,000 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 602 sits

All 127 studios →

602 last sold in July 2016 at AED 1,202 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. 602's AED 45,000 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 6th floor

All 209 units in Glamz Tower 2
Value
6011-bedAED 557K · Mar 2022
603StudioAED 490K · Jul 2016
6041-bedAED 715K · Jun 2023
605StudioAED 485K · Jul 2016
606StudioAED 485K · Mar 2019
607StudioAED 495K · Jul 2016
6081-bedAED 855K · Aug 2016
1–7 of 13

602, Glamz Tower 2 in numbers

  • Sold once: by Danube Properties Development on 11 July 2016 for AED 490,000, or AED 1,202 per sqft.
  • Rented since March 2021 on 6 Ejari contracts, from AED 27,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2016 price is 9.2%, 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 3 December 2024.

Questions about 602, Glamz Tower 2

What did unit 602 last sell for?

AED 490,000 on 11 July 2016, sold by the developer: AED 1,202 per sqft for 407 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 45,000 a year on the contract renewed on 3 December 2024. The previous contract, from December 2024, was AED 45,000; the unit has been rented since March 2021.

How big is unit 602?

407 sqft (37.8 sqm): a studio on the 6th floor of a 15-storey tower completed in 2020.

What is unit 602 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 602, Glamz Tower 2

Starts from the last sale price (AED 490K, 11 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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