2-bed · 1,466 sqftGlamz Tower 2, Al Furjan · 1st floor · completed 2020

113, Glamz Tower 2

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

Unit 113 · DLD and Ejari recordsUpdated 1 October 2022
Last soldAED 1.45M4 October 2016
Current rentAED 75K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 113, Glamz Tower 2

What is 113 worth today?

Last sold for AED 1,450,000 in 2016

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1 Oct 2022RentedRenewal
AED 75,250/yr12 months · AED 51 per sqft
1 Oct 2021RentedNew contract
AED 70,000/yr12 months · AED 48 per sqft
4 Oct 2016Sold by developerOff-plan
AED 1,450,000AED 989 per sqft

Source: Dubai Land Department. Updated 1 October 2022.

Key facts

Type
2-bed apartment
Size
1,466 sqft
Floor
1st of 15
Parking
G-20
Developer
Danube Properties Development
Completed
2020
Service charge
AED 17,500 /yr
Last sold
AED 1.45M · October 2016

About 113, Glamz Tower 2

113 is a two-bedroom apartment of 1,466 sqft on the 1st floor of Glamz Tower 2, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. The developer sold it on 4 October 2016 for AED 1,450,000, or AED 989 per sqft, in line with the AED 989 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 75,250 a year: a gross yield of 5.2% on the 2016 price, before the service charge of about AED 17,500 a year.

Sales and rents for 113 over time

Sales
Unit 113, each saleTypical two-bed in Glamz Tower 2
1M1.25M1.5M20162018202020222024Typical sale price by year: 2016 AED 1,160,000; 2023 AED 940,000Sold by developer, October 2016: AED 1,450,000 (AED 989 per sqft)

113 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 113, each contractTypical two-bed in Glamz Tower 2
60K80K2021202320252027Typical rent by year: 2021 AED 62,500; 2022 AED 69,124; 2023 AED 73,500; 2024 AED 88,500; 2025 AED 76,460; 2026 AED 77,175New contract, October 2021: AED 70,000 a yearRenewal, October 2022: AED 75,250 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Glamz Tower 2, and where 113 sits

All 15 2-beds →

113 last sold in October 2016 at AED 989 per sqft, in line with what two-beds in Glamz Tower 2 were fetching at the time (AED 989). 113's AED 75,250 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Mar 20241,120,000
2 Feb 2023940,000
2 Feb 2023940,000
2 Feb 2023940,000
0 2-bed sales in the last 12 months

Glamz Tower 2

Building

209 apartments, studios to 2-bed over 15 floors in Al Furjan, completed in 2020 by Danube Properties Development. 16 sold in the last 12 months.

Typical price per sqft
AED 1,383 Up 4.9%
Typical sale
AED 595K
Typical rent
AED 50K /yr
Typical yield
7.7%
Glamz Tower 2, Al Furjan: prices, sales and rents →

Other units on the 1st floor

All 209 units in Glamz Tower 2
Value
1011-bedAED 840K · Jul 2016
102StudioAED 415K · Jun 2023
103StudioAED 550K · Dec 2025
1041-bedAED 797K · Jul 2016
105StudioAED 510K · Jul 2016
106StudioAED 495K · Jul 2016
107StudioAED 550K · Aug 2016
1–7 of 12

113, Glamz Tower 2 in numbers

  • Sold once: by Danube Properties Development on 4 October 2016 for AED 1,450,000, or AED 989 per sqft.
  • Rented since October 2021 on 2 Ejari contracts, from AED 70,000 to AED 75,250 a year.
  • At AED 75,250 a year the gross yield on the 2016 price is 5.2%, before a service charge of about AED 17,500 a year (AED 11.93 per sqft).

Source: Dubai Land Department. Updated 1 October 2022.

Questions about 113, Glamz Tower 2

What did unit 113 last sell for?

AED 1,450,000 on 4 October 2016, sold by the developer: AED 989 per sqft for 1,466 sqft. It is the only registered sale of the unit.

What is the rent for unit 113?

AED 75,250 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 70,000.

How big is unit 113?

1,466 sqft (136.2 sqm): a two-bedroom apartment on the 1st floor of a 15-storey tower completed in 2020.

What is unit 113 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 113, Glamz Tower 2

Starts from the last sale price (AED 1.45M, 4 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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