Studio · 409 sqftGlamz Tower 1, Al Furjan · 5th floor · completed 2020

505, Glamz Tower 1

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 11 May 2026
Last soldAED 459K26 October 2023
Current rentAED 45K /yr11 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Glamz Tower 1

What is 505 worth today?

Last sold for AED 459,000 in 2023

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11 May 2026RentedNew contract
AED 45,000/yr12 months · AED 110 per sqft
11 May 2025RentedNew contract
AED 45,000/yr12 months · AED 110 per sqft
26 Oct 2023SoldReady
AED 459,000AED 1,120 per sqft
30 May 2023RentedRenewal
AED 27,300/yr12 months · AED 67 per sqft
30 May 2023RentedNew contract
AED 27,300/yr12 months · AED 67 per sqft
30 May 2022RentedRenewal
AED 26,000/yr12 months · AED 64 per sqft
30 May 2021RentedNew contract
AED 26,000/yr12 months · AED 64 per sqft
10 Jul 2016Sold by developerOff-plan
AED 460,000AED 1,123 per sqft

Source: Dubai Land Department. Updated 11 May 2026.

Key facts

Type
Studio apartment
Size
409 sqft
Floor
5th of 15
Parking
B-107
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,900 /yr
Last sold
AED 459K · October 2023

About 505, Glamz Tower 1

505 is a studio of 409 sqft on the 5th floor of Glamz Tower 1, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. It last sold on 26 October 2023 for AED 459,000, or AED 1,120 per sqft, 6% above the AED 1,054 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 11 May 2026, is AED 45,000 a year: a gross yield of 9.8% on the 2023 price, before the service charge of about AED 4,900 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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 1,123 per sqft)Sold, October 2023: AED 459,000 (AED 1,120 per sqft)

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

Rents
Unit 505, 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, May 2021: AED 26,000 a yearRenewal, May 2022: AED 26,000 a yearRenewal, May 2023: AED 27,300 a yearNew contract, May 2023: AED 27,300 a yearNew contract, May 2025: AED 45,000 a yearNew contract, May 2026: AED 45,000 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 505 sits

All 134 studios →

505 last sold in October 2023 at AED 1,120 per sqft, 6% above what studios in Glamz Tower 1 were fetching at the time (AED 1,054). 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. 505's AED 45,000 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 5th floor

All 209 units in Glamz Tower 1
Value
5011-bedAED 787K · Jul 2016
502StudioAED 460K · Aug 2016
503StudioAED 460K · Aug 2016
5041-bedAED 787K · Jul 2016
506StudioAED 440K · Jul 2023
507StudioAED 465K · Jul 2016
5081-bedAED 810K · Jul 2016
1–7 of 13

505, Glamz Tower 1 in numbers

  • Sold twice: first on 10 July 2016 for AED 460,000, last on 26 October 2023 for AED 459,000 (AED 1,120 per sqft).
  • Rented since May 2021 on 6 Ejari contracts, from AED 26,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 9.8%, 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 11 May 2026.

Questions about 505, Glamz Tower 1

What did unit 505 last sell for?

AED 459,000 on 26 October 2023: AED 1,120 per sqft for 409 sqft. The unit has 2 registered sales; the first was AED 460,000 in July 2016.

What is the rent for unit 505?

AED 45,000 a year on the contract signed on 11 May 2026. The previous contract, from May 2025, was AED 45,000; the unit has been rented since May 2021.

How big is unit 505?

409 sqft (38.0 sqm): a studio on the 5th floor of a 15-storey tower completed in 2020.

What is unit 505 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 505, Glamz Tower 1

Starts from the last sale price (AED 459K, 26 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 459,000
Deposit, UAE resident (20%)
AED 91,800
Deposit, non-resident (40%)
AED 183,600
Monthly over 25 years at 3.7%
AED 1,878

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