Studio · 407 sqftGlamz Tower 1, Al Furjan · 12th floor · completed 2020

1203, Glamz Tower 1

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 28 February 2026
Last soldAED 340K25 January 2024
Current rentAED 48K /yr28 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Glamz Tower 1

What is 1203 worth today?

Last sold for AED 340,000 in 2024

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28 Feb 2026RentedNew contract
AED 48,000/yr12 months · AED 117 per sqft
1 Mar 2025RentedRenewal
AED 48,000/yr12 months · AED 117 per sqft
1 Mar 2024RentedNew contract
AED 48,000/yr12 months · AED 117 per sqft
25 Jan 2024SoldReady
AED 340,000AED 834 per sqft
1 Mar 2023RentedRenewal
AED 33,000/yr12 months · AED 83 per sqft
1 Mar 2022RentedRenewal
AED 30,000/yr12 months · AED 75 per sqft
1 Mar 2021RentedNew contract
AED 26,000/yr12 months · AED 64 per sqft
30 Jun 2016Sold by developerOff-plan
AED 480,000AED 1,178 per sqft

Source: Dubai Land Department. Updated 28 February 2026.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
12th of 15
Parking
P1-73
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,900 /yr
Last sold
AED 340K · January 2024

About 1203, Glamz Tower 1

1203 is a studio of 407 sqft on the 12th floor of Glamz Tower 1, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. It last sold on 25 January 2024 for AED 340,000, or AED 834 per sqft, 26% below the AED 1,120 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 28 February 2026, is AED 48,000 a year: a gross yield of 14.1% on the 2024 price, before the service charge of about AED 4,900 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, 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 480,000 (AED 1,178 per sqft)Sold, January 2024: AED 340,000 (AED 834 per sqft)

1203 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1203, 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, March 2021: AED 26,000 a yearRenewal, March 2022: AED 30,000 a yearRenewal, March 2023: AED 33,000 a yearNew contract, March 2024: AED 48,000 a yearRenewal, March 2025: AED 48,000 a yearNew contract, 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 1203 sits

All 134 studios →

1203 last sold in January 2024 at AED 834 per sqft, 26% below what studios in Glamz Tower 1 were fetching at the time (AED 1,120). 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. 1203'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 12th floor

All 209 units in Glamz Tower 1
Value
12011-bedAED 960K · Dec 2025
1202StudioAED 480K · Jan 2019
12041-bedAED 820K · Jun 2016
1205StudioAED 480K · Jul 2016
1206StudioAED 365K · Oct 2022
1207StudioAED 490K · Jul 2016
12081-bedAED 939K · May 2025
1–7 of 13

1203, Glamz Tower 1 in numbers

  • Sold twice: first on 30 June 2016 for AED 480,000, last on 25 January 2024 for AED 340,000 (AED 834 per sqft).
  • Rented since March 2021 on 6 Ejari contracts, from AED 26,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2024 price is 14.1%, 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 28 February 2026.

Questions about 1203, Glamz Tower 1

What did unit 1203 last sell for?

AED 340,000 on 25 January 2024: AED 834 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 480,000 in June 2016.

What is the rent for unit 1203?

AED 48,000 a year on the contract signed on 28 February 2026. The previous contract, from March 2025, was AED 48,000; the unit has been rented since March 2021.

How big is unit 1203?

407 sqft (37.8 sqm): a studio on the 12th floor of a 15-storey tower completed in 2020.

What is unit 1203 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 1203, Glamz Tower 1

Starts from the last sale price (AED 340K, 25 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 340,000
Deposit, UAE resident (20%)
AED 68,000
Deposit, non-resident (40%)
AED 136,000
Monthly over 25 years at 3.7%
AED 1,391

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