Studio · 407 sqftGlamz Tower 1, Al Furjan · 7th floor · completed 2020

703, Glamz Tower 1

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

Unit 703 · DLD and Ejari recordsUpdated 8 February 2025
Last soldAED 470K28 June 2016
Current rentAED 50K /yr8 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Glamz Tower 1

What is 703 worth today?

Last sold for AED 470,000 in 2016

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8 Feb 2025RentedNew contract
AED 50,000/yr12 months · AED 123 per sqft
8 Feb 2025RentedNew contract
AED 50,000/yr12 months · AED 123 per sqft
1 Apr 2021RentedNew contract
AED 40,800/yr12 months · AED 100 per sqft
28 Jun 2016Sold by developerOff-plan
AED 470,000AED 1,153 per sqft

Source: Dubai Land Department. Updated 8 February 2025.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
7th of 15
Parking
P1-84
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,900 /yr
Last sold
AED 470K · June 2016

About 703, Glamz Tower 1

703 is a studio of 407 sqft on the 7th floor of Glamz Tower 1, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. The developer sold it on 28 June 2016 for AED 470,000, or AED 1,153 per sqft, in line with 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 8 February 2025, is AED 50,000 a year: a gross yield of 10.6% on the 2016 price, before the service charge of about AED 4,900 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, June 2016: AED 470,000 (AED 1,153 per sqft)

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

Rents
Unit 703, 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, April 2021: AED 40,800 a yearNew contract, February 2025: AED 50,000 a yearNew contract, February 2025: AED 50,000 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 703 sits

All 134 studios →

703 last sold in June 2016 at AED 1,153 per sqft, in line with 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. 703's AED 50,000 is in the upper 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 7th floor

All 209 units in Glamz Tower 1
Value
7011-bedAED 805K · Oct 2016
702StudioAED 470K · Jul 2016
7041-bedAED 797K · Jun 2016
705StudioAED 499K · Jun 2024
706StudioAED 550K · Apr 2026
707StudioAED 480K · Jul 2016
7081-bedAED 835K · Jun 2016
1–7 of 13

703, Glamz Tower 1 in numbers

  • Sold once: by Danube Properties Development on 28 June 2016 for AED 470,000, or AED 1,153 per sqft.
  • Rented since April 2021 on 3 Ejari contracts, from AED 40,800 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2016 price is 10.6%, 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 8 February 2025.

Questions about 703, Glamz Tower 1

What did unit 703 last sell for?

AED 470,000 on 28 June 2016, sold by the developer: AED 1,153 per sqft for 407 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 50,000 a year on the contract signed on 8 February 2025. The previous contract, from February 2025, was AED 50,000; the unit has been rented since April 2021.

How big is unit 703?

407 sqft (37.8 sqm): a studio on the 7th floor of a 15-storey tower completed in 2020.

What is unit 703 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 703, Glamz Tower 1

Starts from the last sale price (AED 470K, 28 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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