503, Glamz Tower 1
Sold prices and rental history: sold once, by the developer in August 2016, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Glamz Tower 1
What is 503 worth today?
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Source: Dubai Land Department. Updated 28 January 2024.
Key facts
- Type
- Studio apartment
- Size
- 407 sqft
- Floor
- 5th of 15
- Parking
- P1-88
- Developer
- Danube Properties Development
- Completed
- 2020
- Service charge
- AED 4,900 /yr
- Last sold
- AED 460K · August 2016
- Building
- Glamz Tower 1
About 503, Glamz Tower 1
503 is a studio of 407 sqft on the 5th floor of Glamz Tower 1, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. The developer sold it on 1 August 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 28 January 2024, is AED 48,000 a year: a gross yield of 10.4% on the 2016 price, before the service charge of about AED 4,900 a year.
Sales and rents for 503 over time
503 has sold once; the dashed line is the studio median of each year in the building.
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 503 sits
All 134 studios →503 last sold in August 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. 503's AED 48,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 407 sqft | 525,000 | 1,291 | ||
| 22 Sep 202622 September 2026 | 407 sqft | 555,000 | 1,362 | ||
| 6 Jul 20266 July 2026 | 407 sqft | 545,000 | 1,337 | ||
| 18 Jun 202618 June 2026 | 393 sqft | 555,000 | 1,413 |
Glamz Tower 1
Building209 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%
Other units on the 5th floor
All 209 units in Glamz Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 768 sqft | AED 787KAED 787,000 · Jul 2016July 2016 | 77,446 /yr | |
| 502 | Studio | 407 sqft | AED 460KAED 460,000 · Aug 2016August 2016 | 42,000 /yr | |
| 504 | 1-bed | 769 sqft | AED 787KAED 787,000 · Jul 2016July 2016 | 75,000 /yr | |
| 505 | Studio | 409 sqft | AED 459KAED 459,000 · Oct 2023October 2023 | 45,000 /yr | |
| 506 | Studio | 404 sqft | AED 440KAED 440,000 · Jul 2023July 2023 | 47,000 /yr | |
| 507 | Studio | 412 sqft | AED 465KAED 465,000 · Jul 2016July 2016 | ||
| 508 | 1-bed | 766 sqft | AED 810KAED 810,000 · Jul 2016July 2016 | ||
| 509 | Studio | 407 sqft | AED 460KAED 460,000 · Oct 2023October 2023 | 44,000 /yr | |
| 510 | Studio | 407 sqft | AED 480KAED 480,000 · May 2019May 2019 | 50,000 /yr | |
| 511 | 1-bed | 768 sqft | AED 790KAED 790,000 · Oct 2023October 2023 | ||
| 512 | Studio | 393 sqft | AED 570KAED 570,000 · Sep 2024September 2024 | 60,000 /yr | |
| 513 | 2-bed | 1,173 sqft | AED 1.12MAED 1,120,000 · Feb 2024February 2024 | 100,000 /yr | |
| 514 | Studio | 392 sqft | AED 450KAED 450,000 · Sep 2016September 2016 | 44,000 /yr |
503, Glamz Tower 1 in numbers
- Sold once: by Danube Properties Development on 1 August 2016 for AED 460,000, or AED 1,129 per sqft.
- Rented since April 2021 on 3 Ejari contracts, from AED 36,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2016 price is 10.4%, 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 January 2024.
Questions about 503, Glamz Tower 1
What did unit 503 last sell for?
AED 460,000 on 1 August 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 503?
AED 48,000 a year on the contract signed on 28 January 2024. The previous contract, from November 2022, was AED 48,000; the unit has been rented since April 2021.
How big is unit 503?
407 sqft (37.8 sqm): a studio on the 5th floor of a 15-storey tower completed in 2020.
What is unit 503 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 503, Glamz Tower 1
Starts from the last sale price (AED 460K, 1 August 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 →