Studio · 412 sqftGlamz Tower 1, Al Furjan · 4th floor · completed 2020

407, Glamz Tower 1

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

Unit 407 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 315K9 June 2021
Current rentAED 48K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Glamz Tower 1

What is 407 worth today?

Last sold for AED 315,000 in 2021

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1 Oct 2026RentedNew contract
AED 48,000/yr12 months · AED 117 per sqft
1 Oct 2026RentedRenewal
AED 37,837/yr12 months · AED 93 per sqft
1 Oct 2026RentedRenewal
AED 43,000/yr12 months · AED 105 per sqft
1 Oct 2025RentedNew contract
AED 50,000/yr12 months · AED 122 per sqft
27 Aug 2024RentedNew contract
AED 50,400/yr12 months · AED 122 per sqft
25 Jul 2022RentedRenewal
AED 36,000/yr12 months · AED 88 per sqft
25 Jul 2021RentedNew contract
AED 32,400/yr12 months · AED 79 per sqft
9 Jun 2021SoldReady
AED 315,000AED 765 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
412 sqft
Floor
4th of 15
Parking
B-93
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,900 /yr
Last sold
AED 315K · June 2021

About 407, Glamz Tower 1

407 is a studio of 412 sqft on the 4th floor of Glamz Tower 1, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. It last sold on 9 June 2021 for AED 315,000, or AED 765 per sqft, in line with the AED 773 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 1 October 2026, is AED 48,000 a year: a gross yield of 15.2% on the 2021 price, before the service charge of about AED 4,900 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical studio in Glamz Tower 1
400K2016201920222025Typical 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 465,000 (AED 1,129 per sqft)Sold, June 2021: AED 315,000 (AED 765 per sqft)

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

Rents
Unit 407, each contractTypical studio in Glamz Tower 1
40K2021202320252027Typical 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 32,400 a yearRenewal, July 2022: AED 36,000 a yearNew contract, August 2024: AED 50,400 a yearNew contract, October 2025: AED 50,000 a yearNew contract, October 2026: AED 48,000 a yearRenewal, October 2026: AED 37,837 a yearRenewal, October 2026: 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 407 sits

All 134 studios →

407 last sold in June 2021 at AED 765 per sqft, in line with what studios in Glamz Tower 1 were fetching at the time (AED 773). 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. 407'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 4th floor

All 209 units in Glamz Tower 1
Value
4011-bedAED 787K · Jun 2016
402StudioAED 460K · Jul 2016
403StudioAED 460K · Jul 2016
4041-bedAED 787K · Jul 2016
405StudioAED 320K · Feb 2021
406StudioAED 380K · Jul 2019
4081-bedAED 620K · Jun 2021
1–7 of 13

407, Glamz Tower 1 in numbers

  • Sold twice: first on 20 July 2016 for AED 465,000, last on 9 June 2021 for AED 315,000 (AED 765 per sqft).
  • Rented since July 2021 on 7 Ejari contracts, from AED 32,400 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2021 price is 15.2%, 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 October 2026.

Questions about 407, Glamz Tower 1

What did unit 407 last sell for?

AED 315,000 on 9 June 2021: AED 765 per sqft for 412 sqft. The unit has 2 registered sales; the first was AED 465,000 in July 2016.

What is the rent for unit 407?

AED 48,000 a year on the contract signed on 1 October 2026. The previous contract, from October 2026, was AED 37,837; the unit has been rented since July 2021.

How big is unit 407?

412 sqft (38.3 sqm): a studio on the 4th floor of a 15-storey tower completed in 2020.

What is unit 407 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 407, Glamz Tower 1

Starts from the last sale price (AED 315K, 9 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 315,000
Deposit, UAE resident (20%)
AED 63,000
Deposit, non-resident (40%)
AED 126,000
Monthly over 25 years at 3.7%
AED 1,289

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