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Studio · 407 sqftGlamz Tower 2, Al Furjan · 15th floor · completed 2020

1502, Glamz Tower 2

Sold prices and rental history: sold 3 times, last in June 2021, and rented once, from October 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 1 October 2021
Last soldAED 390K20 June 2021
Current rentAED 28K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1502, Glamz Tower 2

What is 1502 worth today?

Last sold for AED 390,000 in 2021

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1 Oct 2021RentedNew contract
AED 28,000/yr12 months · AED 68 per sqft
20 Jun 2021SoldReady
AED 390,000AED 957 per sqft
29 Apr 2021SoldReady
AED 400,000AED 981 per sqft
26 Sep 2016Sold by developerOff-plan
AED 500,000AED 1,227 per sqft

Source: Dubai Land Department. Updated 1 October 2021.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
15th of 15
Parking
P1-50
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,900 /yr
Last sold
AED 390K · June 2021
Building
Glamz Tower 2

About 1502, Glamz Tower 2

1502 is a studio of 407 sqft on the 15th floor of Glamz Tower 2, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. It last sold on 20 June 2021 for AED 390,000, or AED 957 per sqft, 9% above the AED 877 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2021. The current contract, signed on 1 October 2021, is AED 28,000 a year: a gross yield of 7.2% on the 2021 price, before the service charge of about AED 4,900 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical studio in Glamz Tower 2
400K600K2016201920222025Typical sale price by year: 2016 AED 495,000; 2018 AED 492,500; 2020 AED 497,500; 2021 AED 352,500; 2022 AED 355,000; 2023 AED 435,000; 2024 AED 500,000; 2025 AED 545,211; 2026 AED 590,500Sold by developer, September 2016: AED 500,000 (AED 1,227 per sqft)Sold, April 2021: AED 400,000 (AED 981 per sqft)Sold, June 2021: AED 390,000 (AED 957 per sqft)

1502 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1502, each contractTypical studio in Glamz Tower 2
30K40K50K2021202320252027Typical rent by year: 2021 AED 27,000; 2022 AED 30,800; 2023 AED 36,150; 2024 AED 45,000; 2025 AED 47,000; 2026 AED 45,130New contract, October 2021: AED 28,000 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 2, and where 1502 sits

All 134 studios →

1502 last sold in June 2021 at AED 957 per sqft, 9% above what studios in Glamz Tower 2 were fetching at the time (AED 877). Over the last 12 months studios sold for AED 545,000 to 605,000, around AED 1,463 per sqft, and rent for AED 24,000 to 66,000 a year. 1502's AED 28,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Sep 2026600,000
26 Aug 2026590,000
25 Aug 2026575,000
7 Aug 2026590,500
12 studio 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 15th floor

All 209 units in Glamz Tower 2
Value
15011-bedAED 815K · Mar 2024
1503StudioAED 325K · Apr 2021
15041-bedAED 665K · Mar 2023
1505StudioAED 500K · Apr 2024
1506StudioAED 480K · Jan 2024
1507StudioAED 620K · Aug 2025
15081-bedAED 660K · Sep 2022
1–7 of 13

1502, Glamz Tower 2 in numbers

  • Sold 3 times: first on 26 September 2016 for AED 500,000, last on 20 June 2021 for AED 390,000 (AED 957 per sqft).
  • Rented since October 2021 on one Ejari contract, at AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2021 price is 7.2%, before a service charge of about AED 4,900 a year (AED 11.93 per sqft).
  • Studios in Glamz Tower 2 sold for AED 545,000–605,000 in the 12 months to November 2026; the building's median across all types is AED 1,383 per sqft.

Source: Dubai Land Department. Updated 1 October 2021.

Questions about 1502, Glamz Tower 2

What did unit 1502 last sell for?

AED 390,000 on 20 June 2021: AED 957 per sqft for 407 sqft. The unit has 3 registered sales; the first was AED 500,000 in September 2016.

What is the rent for unit 1502?

AED 28,000 a year on the contract signed on 1 October 2021.

How big is unit 1502?

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

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Glamz Tower 2 sold for AED 545,000 to 605,000 in the last 12 months, around AED 1,463 per sqft.

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Mortgage on 1502, Glamz Tower 2

Starts from the last sale price (AED 390K, 20 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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