Studio · 404 sqftGlamz Tower 1, Al Furjan · 5th floor · completed 2020

506, Glamz Tower 1

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 440K10 July 2023
Current rentAED 47K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Glamz Tower 1

What is 506 worth today?

Last sold for AED 440,000 in 2023

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10 Oct 2026RentedNew contract
AED 47,000/yr12 months · AED 116 per sqft
23 Dec 2025RentedNew contract
AED 50,000/yr12 months · AED 122 per sqft
10 Jun 2025RentedRenewal
AED 47,743/yr6 months · AED 118 per sqft
10 Jun 2025RentedRenewal
AED 47,743/yr6 months · AED 118 per sqft
10 Jun 2024RentedNew contract
AED 48,000/yr12 months · AED 119 per sqft
10 Jul 2023SoldReady
AED 440,000AED 1,089 per sqft
1 May 2023RentedNew contract
AED 30,000/yr12 months · AED 74 per sqft
1 Mar 2023RentedRenewal
AED 30,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
Studio apartment
Size
404 sqft
Floor
5th of 15
Parking
P2-71
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,800 /yr
Last sold
AED 440K · July 2023

About 506, Glamz Tower 1

506 is a studio of 404 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 10 July 2023 for AED 440,000, or AED 1,089 per sqft, 15% above the AED 946 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 8 Ejari contracts. The current contract, signed on 10 October 2026, is AED 47,000 a year: a gross yield of 10.7% on the 2023 price, before the service charge of about AED 4,800 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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 1,138 per sqft)Sold, July 2023: AED 440,000 (AED 1,089 per sqft)

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

Rents
Unit 506, 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, March 2022: AED 30,000 a yearRenewal, March 2023: AED 30,000 a yearNew contract, May 2023: AED 30,000 a yearNew contract, June 2024: AED 48,000 a yearRenewal, June 2025: AED 47,743 a yearRenewal, June 2025: AED 47,743 a yearNew contract, December 2025: AED 50,000 a yearNew contract, October 2026: AED 47,000 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 506 sits

All 134 studios →

506 last sold in July 2023 at AED 1,089 per sqft, 15% above what studios in Glamz Tower 1 were fetching at the time (AED 946). 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. 506's AED 47,000 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
505StudioAED 459K · Oct 2023
507StudioAED 465K · Jul 2016
5081-bedAED 810K · Jul 2016
1–7 of 13

506, Glamz Tower 1 in numbers

  • Sold twice: first on 10 July 2016 for AED 460,000, last on 10 July 2023 for AED 440,000 (AED 1,089 per sqft).
  • Rented since March 2022 on 8 Ejari contracts, from AED 30,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2023 price is 10.7%, before a service charge of about AED 4,800 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 October 2026.

Questions about 506, Glamz Tower 1

What did unit 506 last sell for?

AED 440,000 on 10 July 2023: AED 1,089 per sqft for 404 sqft. The unit has 2 registered sales; the first was AED 460,000 in July 2016.

What is the rent for unit 506?

AED 47,000 a year on the contract signed on 10 October 2026. The previous contract, from December 2025, was AED 50,000; the unit has been rented since March 2022.

How big is unit 506?

404 sqft (37.5 sqm): a studio on the 5th floor of a 15-storey tower completed in 2020.

What is unit 506 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 506, Glamz Tower 1

Starts from the last sale price (AED 440K, 10 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

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