Studio · 393 sqftGlamz Tower 1, Al Furjan · 10th floor · completed 2020

1012, Glamz Tower 1

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 1012 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 490K28 July 2016
Current rentAED 37K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1012, Glamz Tower 1

What is 1012 worth today?

Last sold for AED 490,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jan 2026RentedRenewal
AED 36,750/yr12 months · AED 94 per sqft
1 Jan 2025RentedRenewal
AED 36,750/yr12 months · AED 94 per sqft
1 Jan 2024RentedNew contract
AED 35,000/yr12 months · AED 89 per sqft
1 Jan 2023RentedNew contract
AED 35,000/yr12 months · AED 89 per sqft
5 Apr 2021RentedNew contract
AED 24,500/yr12 months · AED 63 per sqft
28 Jul 2016Sold by developerOff-plan
AED 490,000AED 1,247 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
Studio apartment
Size
393 sqft
Floor
10th of 15
Parking
P1-05
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,700 /yr
Last sold
AED 490K · July 2016

About 1012, Glamz Tower 1

1012 is a studio of 393 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 28 July 2016 for AED 490,000, or AED 1,247 per sqft, 6% above 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 January 2026, is AED 36,750 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 4,700 a year.

Sales and rents for 1012 over time

Sales
Unit 1012, 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, July 2016: AED 490,000 (AED 1,247 per sqft)

1012 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1012, each contractTypical studio in Glamz Tower 1
30K40K2021202320252027Typical 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, April 2021: AED 24,500 a yearNew contract, January 2023: AED 35,000 a yearNew contract, January 2024: AED 35,000 a yearRenewal, January 2025: AED 36,750 a yearRenewal, January 2026: AED 36,750 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 1012 sits

All 134 studios →

1012 last sold in July 2016 at AED 1,247 per sqft, 6% above 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. 1012's AED 36,750 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
1002StudioAED 470K · Jun 2016
1003StudioAED 515K · Feb 2024
10041-bedAED 805K · Jul 2016
1005StudioAED 550K · Jun 2025
1006StudioAED 520K · Oct 2024
1007StudioAED 530K · Jan 2025
1–7 of 13

1012, Glamz Tower 1 in numbers

  • Sold once: by Danube Properties Development on 28 July 2016 for AED 490,000, or AED 1,247 per sqft.
  • Rented since April 2021 on 5 Ejari contracts, from AED 24,500 to AED 36,750 a year.
  • At AED 36,750 a year the gross yield on the 2016 price is 7.5%, before a service charge of about AED 4,700 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 January 2026.

Questions about 1012, Glamz Tower 1

What did unit 1012 last sell for?

AED 490,000 on 28 July 2016, sold by the developer: AED 1,247 per sqft for 393 sqft. It is the only registered sale of the unit.

What is the rent for unit 1012?

AED 36,750 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 36,750; the unit has been rented since April 2021.

How big is unit 1012?

393 sqft (36.5 sqm): a studio on the 10th floor of a 15-storey tower completed in 2020.

What is unit 1012 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.

Selling 1012? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1012, Glamz Tower 1

Starts from the last sale price (AED 490K, 28 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 →