Studio · 407 sqftGlamz Tower 1, Al Furjan · 10th floor · completed 2020

1002, Glamz Tower 1

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

Unit 1002 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 470K30 June 2016
Current rentAED 48K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Glamz Tower 1

What is 1002 worth today?

Last sold for AED 470,000 in 2016

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1 Feb 2026RentedRenewal
AED 48,000/yr12 months · AED 121 per sqft
1 Feb 2025RentedRenewal
AED 45,000/yr12 months · AED 113 per sqft
1 Feb 2025RentedRenewal
AED 45,000/yr12 months · AED 113 per sqft
1 Feb 2022RentedRenewal
AED 29,700/yr12 months · AED 75 per sqft
1 Feb 2021RentedNew contract
AED 27,000/yr12 months · AED 66 per sqft
30 Jun 2016Sold by developerOff-plan
AED 470,000AED 1,153 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
10th of 15
Parking
P1-79
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,900 /yr
Last sold
AED 470K · June 2016

About 1002, Glamz Tower 1

1002 is a studio of 407 sqft on the 10th floor of Glamz Tower 1, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. The developer sold it on 30 June 2016 for AED 470,000, or AED 1,153 per sqft, in line with the AED 1,178 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 48,000 a year: a gross yield of 10.2% on the 2016 price, before the service charge of about AED 4,900 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical studio in Glamz Tower 1
400K500K2016201920222025Typical sale price by year: 2016 AED 480,000; 2017 AED 515,000; 2019 AED 480,000; 2021 AED 340,000; 2022 AED 370,000; 2023 AED 459,000; 2024 AED 504,500; 2025 AED 547,500; 2026 AED 547,500Sold by developer, June 2016: AED 470,000 (AED 1,153 per sqft)

1002 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1002, each contractTypical studio in Glamz Tower 1
30K40K50K2021202320252027Typical rent by year: 2021 AED 27,000; 2022 AED 31,000; 2023 AED 36,500; 2024 AED 43,000; 2025 AED 46,000; 2026 AED 44,000New contract, February 2021: AED 27,000 a yearRenewal, February 2022: AED 29,700 a yearRenewal, February 2025: AED 45,000 a yearRenewal, February 2025: AED 45,000 a yearRenewal, February 2026: 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 1, and where 1002 sits

All 134 studios →

1002 last sold in June 2016 at AED 1,153 per sqft, in line with what studios in Glamz Tower 1 were fetching at the time (AED 1,178). Over the last 12 months studios sold for AED 525,000 to 555,539, around AED 1,350 per sqft, and rent for AED 33,350 to 63,000 a year. 1002's AED 48,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Oct 2026525,000
22 Sep 2026555,000
6 Jul 2026545,000
18 Jun 2026555,000
7 studio sales in the last 12 months

Glamz Tower 1

Building

209 apartments, studios to 2-bed over 15 floors in Al Furjan, completed in 2020 by Danube Properties Development. 11 sold in the last 12 months.

Typical price per sqft
AED 1,325 Down 0.5%
Typical sale
AED 555K
Typical rent
AED 49K /yr
Typical yield
7.8%
Glamz Tower 1, Al Furjan: prices, sales and rents →

Other units on the 10th floor

All 209 units in Glamz Tower 1
Value
10011-bedAED 830K · Aug 2016
1003StudioAED 515K · Feb 2024
10041-bedAED 805K · Jul 2016
1005StudioAED 550K · Jun 2025
1006StudioAED 520K · Oct 2024
1007StudioAED 530K · Jan 2025
10081-bedAED 670K · Nov 2022
1–7 of 13

1002, Glamz Tower 1 in numbers

  • Sold once: by Danube Properties Development on 30 June 2016 for AED 470,000, or AED 1,153 per sqft.
  • Rented since February 2021 on 5 Ejari contracts, from AED 27,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2016 price is 10.2%, before a service charge of about AED 4,900 a year (AED 11.93 per sqft).
  • Studios in Glamz Tower 1 sold for AED 525,000–555,539 in the 12 months to November 2026; the building's median across all types is AED 1,325 per sqft.

Source: Dubai Land Department. Updated 1 February 2026.

Questions about 1002, Glamz Tower 1

What did unit 1002 last sell for?

AED 470,000 on 30 June 2016, sold by the developer: AED 1,153 per sqft for 407 sqft. It is the only registered sale of the unit.

What is the rent for unit 1002?

AED 48,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 45,000; the unit has been rented since February 2021.

How big is unit 1002?

407 sqft (37.8 sqm): a studio on the 10th floor of a 15-storey tower completed in 2020.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glamz Tower 1 sold for AED 525,000 to 555,539 in the last 12 months, around AED 1,350 per sqft.

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Mortgage on 1002, Glamz Tower 1

Starts from the last sale price (AED 470K, 30 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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