Studio · 407 sqftGlamz Tower 1, Al Furjan · 4th floor · completed 2020

403, Glamz Tower 1

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

Unit 403 · DLD and Ejari recordsUpdated 10 September 2023
Last soldAED 460K10 July 2016
Current rentAED 43K /yr10 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Glamz Tower 1

What is 403 worth today?

Last sold for AED 460,000 in 2016

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10 Sep 2023RentedNew contract
AED 43,000/yr12 months · AED 105 per sqft
22 Jul 2022RentedNew contract
AED 30,000/yr12 months · AED 73 per sqft
1 Jul 2021RentedNew contract
AED 28,000/yr12 months · AED 68 per sqft
10 Jul 2016Sold by developerOff-plan
AED 460,000AED 1,129 per sqft

Source: Dubai Land Department. Updated 10 September 2023.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
4th of 15
Parking
P1-90
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,900 /yr
Last sold
AED 460K · July 2016

About 403, Glamz Tower 1

403 is a studio of 407 sqft on the 4th 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 460,000, or AED 1,129 per sqft, 4% below the AED 1,178 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 10 September 2023, is AED 43,000 a year: a gross yield of 9.3% on the 2016 price, before the service charge of about AED 4,900 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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 460,000 (AED 1,129 per sqft)

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

Rents
Unit 403, 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, July 2021: AED 28,000 a yearNew contract, July 2022: AED 30,000 a yearNew contract, September 2023: AED 43,000 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 403 sits

All 134 studios →

403 last sold in July 2016 at AED 1,129 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. 403's AED 43,000 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 4th floor

All 209 units in Glamz Tower 1
Value
4011-bedAED 787K · Jun 2016
402StudioAED 460K · Jul 2016
4041-bedAED 787K · Jul 2016
405StudioAED 320K · Feb 2021
406StudioAED 380K · Jul 2019
407StudioAED 315K · Jun 2021
4081-bedAED 620K · Jun 2021
1–7 of 13

403, Glamz Tower 1 in numbers

  • Sold once: by Danube Properties Development on 10 July 2016 for AED 460,000, or AED 1,129 per sqft.
  • Rented since July 2021 on 3 Ejari contracts, from AED 28,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2016 price is 9.3%, 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 10 September 2023.

Questions about 403, Glamz Tower 1

What did unit 403 last sell for?

AED 460,000 on 10 July 2016, sold by the developer: AED 1,129 per sqft for 407 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 43,000 a year on the contract signed on 10 September 2023. The previous contract, from July 2022, was AED 30,000; the unit has been rented since July 2021.

How big is unit 403?

407 sqft (37.8 sqm): a studio on the 4th floor of a 15-storey tower completed in 2020.

What is unit 403 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 403, Glamz Tower 1

Starts from the last sale price (AED 460K, 10 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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