409, Glamz Tower 2
Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Glamz Tower 2
What is 409 worth today?
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Source: Dubai Land Department. Updated 23 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 406 sqft
- Floor
- 4th of 15
- Parking
- P2-33
- Developer
- Danube Properties Development
- Completed
- 2020
- Service charge
- AED 4,800 /yr
- Last sold
- AED 475K · August 2016
- Building
- Glamz Tower 2
About 409, Glamz Tower 2
409 is a studio of 406 sqft on the 4th floor of Glamz Tower 2, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. The developer sold it on 21 August 2016 for AED 475,000, or AED 1,171 per sqft, 5% below the AED 1,227 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 23 April 2025, is AED 45,000 a year: a gross yield of 9.5% on the 2016 price, before the service charge of about AED 4,800 a year.
Sales and rents for 409 over time
409 has sold once; the dashed line is the studio median of each year in the building.
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 409 sits
All 134 studios →409 last sold in August 2016 at AED 1,171 per sqft, 5% below what studios in Glamz Tower 2 were fetching at the time (AED 1,227). 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. 409's AED 45,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202617 September 2026 | 407 sqft | 600,000 | 1,472 | ||
| 26 Aug 202626 August 2026 | 406 sqft | 590,000 | 1,454 | ||
| 25 Aug 202625 August 2026 | 424 sqft | 575,000 | 1,355 | ||
| 7 Aug 20267 August 2026 | 393 sqft | 590,500 | 1,503 |
Glamz Tower 2
Building209 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%
Other units on the 4th floor
All 209 units in Glamz Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 769 sqft | AED 787KAED 787,000 · Sep 2016September 2016 | 72,000 /yr | |
| 402 | Studio | 407 sqft | AED 456KAED 456,000 · Aug 2016August 2016 | 24,000 /yr | |
| 403 | Studio | 407 sqft | AED 575KAED 575,000 · May 2026May 2026 | 46,000 /yr | |
| 404 | 1-bed | 769 sqft | AED 870KAED 870,000 · Oct 2016October 2016 | 71,000 /yr | |
| 405 | Studio | 409 sqft | AED 460KAED 460,000 · Aug 2016August 2016 | 55,000 /yr | |
| 406 | Studio | 404 sqft | AED 460KAED 460,000 · Aug 2016August 2016 | 50,000 /yr | |
| 407 | Studio | 412 sqft | AED 460KAED 460,000 · Aug 2016August 2016 | 44,000 /yr | |
| 408 | 1-bed | 767 sqft | AED 810KAED 810,000 · Aug 2016August 2016 | 66,000 /yr | |
| 410 | Studio | 406 sqft | AED 476KAED 476,000 · Aug 2016August 2016 | 45,000 /yr | |
| 411 | 1-bed | 769 sqft | AED 830KAED 830,000 · Jul 2016July 2016 | 70,000 /yr | |
| 412 | Studio | 393 sqft | AED 530KAED 530,000 · Sep 2024September 2024 | 46,000 /yr | |
| 413 | 2-bed | 1,173 sqft | AED 1.17MAED 1,170,000 · Nov 2016November 2016 | 92,000 /yr | |
| 414 | Studio | 392 sqft | AED 450KAED 450,000 · Sep 2016September 2016 | 48,000 /yr |
409, Glamz Tower 2 in numbers
- Sold once: by Danube Properties Development on 21 August 2016 for AED 475,000, or AED 1,171 per sqft.
- Rented since April 2021 on 5 Ejari contracts, from AED 27,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2016 price is 9.5%, before a service charge of about AED 4,800 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 23 April 2025.
Questions about 409, Glamz Tower 2
What did unit 409 last sell for?
AED 475,000 on 21 August 2016, sold by the developer: AED 1,171 per sqft for 406 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 45,000 a year on the contract renewed on 23 April 2025. The previous contract, from April 2024, was AED 36,000; the unit has been rented since April 2021.
How big is unit 409?
406 sqft (37.7 sqm): a studio on the 4th floor of a 15-storey tower completed in 2020.
What is unit 409 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 409, Glamz Tower 2
Starts from the last sale price (AED 475K, 21 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 475,000
- Deposit, UAE resident (20%)
- AED 95,000
- Deposit, non-resident (40%)
- AED 190,000
- Monthly over 25 years at 3.7%
- AED 1,943
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →