Studio · 392 sqftGlamz Tower 1, Al Furjan · 15th floor · completed 2020

1514, 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 1514 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 442K10 July 2016
Current rentAED 35K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1514, Glamz Tower 1

What is 1514 worth today?

Last sold for AED 441,800 in 2016

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1 May 2024RentedRenewal
AED 35,000/yr12 months · AED 90 per sqft
1 May 2023RentedRenewal
AED 33,000/yr12 months · AED 85 per sqft
1 May 2022RentedNew contract
AED 31,000/yr12 months · AED 80 per sqft
1 Apr 2021RentedNew contract
AED 27,000/yr12 months · AED 70 per sqft
10 Jul 2016Sold by developerOff-plan
AED 441,800AED 1,126 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
Studio apartment
Size
392 sqft
Floor
15th of 15
Parking
P1-15
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,700 /yr
Last sold
AED 442K · July 2016

About 1514, Glamz Tower 1

1514 is a studio of 392 sqft on the 15th floor of Glamz Tower 1, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. The developer sold it on 10 July 2016 for AED 441,800, or AED 1,126 per sqft, 4% below the AED 1,178 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 35,000 a year: a gross yield of 7.9% on the 2016 price, before the service charge of about AED 4,700 a year.

Sales and rents for 1514 over time

Sales
Unit 1514, 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 441,800 (AED 1,126 per sqft)

1514 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1514, 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 27,000 a yearNew contract, May 2022: AED 31,000 a yearRenewal, May 2023: AED 33,000 a yearRenewal, May 2024: AED 35,000 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 1514 sits

All 134 studios →

1514 last sold in July 2016 at AED 1,126 per sqft, 4% below 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. 1514's AED 35,000 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 15th floor

All 209 units in Glamz Tower 1
Value
15011-bedAED 771K · Jul 2016
1502StudioAED 570K · Oct 2025
1503StudioAED 451K · Jul 2016
15041-bedAED 771K · Jul 2016
1505StudioAED 451K · Jul 2016
1506StudioAED 550K · Oct 2025
1507StudioAED 550K · Oct 2025
1–7 of 13

1514, Glamz Tower 1 in numbers

  • Sold once: by Danube Properties Development on 10 July 2016 for AED 441,800, or AED 1,126 per sqft.
  • Rented since April 2021 on 4 Ejari contracts, from AED 27,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2016 price is 7.9%, 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 May 2024.

Questions about 1514, Glamz Tower 1

What did unit 1514 last sell for?

AED 441,800 on 10 July 2016, sold by the developer: AED 1,126 per sqft for 392 sqft. It is the only registered sale of the unit.

What is the rent for unit 1514?

AED 35,000 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 33,000; the unit has been rented since April 2021.

How big is unit 1514?

392 sqft (36.4 sqm): a studio on the 15th floor of a 15-storey tower completed in 2020.

What is unit 1514 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 1514, Glamz Tower 1

Starts from the last sale price (AED 442K, 10 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 441,800
Deposit, UAE resident (20%)
AED 88,360
Deposit, non-resident (40%)
AED 176,720
Monthly over 25 years at 3.7%
AED 1,808

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