2-bed · 1,173 sqftGlamz Tower 2, Al Furjan · 4th floor · completed 2020

413, Glamz Tower 2

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

Unit 413 · DLD and Ejari recordsUpdated 7 February 2024
Last soldAED 1.17M6 November 2016
Current rentAED 92K /yr7 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 413, Glamz Tower 2

What is 413 worth today?

Last sold for AED 1,170,000 in 2016

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7 Feb 2024RentedNew contract
AED 92,000/yr12 months · AED 78 per sqft
10 Aug 2022RentedNew contract
AED 70,000/yr12 months · AED 60 per sqft
1 Jul 2021RentedNew contract
AED 65,000/yr12 months · AED 55 per sqft
6 Nov 2016Sold by developerOff-plan
AED 1,170,000AED 997 per sqft

Source: Dubai Land Department. Updated 7 February 2024.

Key facts

Type
2-bed apartment
Size
1,173 sqft
Floor
4th of 15
Parking
G-16
Developer
Danube Properties Development
Completed
2020
Service charge
AED 14,000 /yr
Last sold
AED 1.17M · November 2016

About 413, Glamz Tower 2

413 is a two-bedroom apartment of 1,173 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 6 November 2016 for AED 1,170,000, or AED 997 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 3 Ejari contracts. The current contract, signed on 7 February 2024, is AED 92,000 a year: a gross yield of 7.9% on the 2016 price, before the service charge of about AED 14,000 a year.

Sales and rents for 413 over time

Sales
Unit 413, each saleTypical two-bed in Glamz Tower 2
1M1.2M20162018202020222024Typical sale price by year: 2016 AED 1,160,000; 2023 AED 940,000Sold by developer, November 2016: AED 1,170,000 (AED 997 per sqft)

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

Rents
Unit 413, 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, July 2021: AED 65,000 a yearNew contract, August 2022: AED 70,000 a yearNew contract, February 2024: AED 92,000 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 413 sits

All 15 2-beds →

413 last sold in November 2016 at AED 997 per sqft, in line with what two-beds in Glamz Tower 2 were fetching at the time (AED 989). 413's AED 92,000 is at the top 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 4th floor

All 209 units in Glamz Tower 2
Value
4011-bedAED 787K · Sep 2016
402StudioAED 456K · Aug 2016
403StudioAED 575K · May 2026
4041-bedAED 870K · Oct 2016
405StudioAED 460K · Aug 2016
406StudioAED 460K · Aug 2016
407StudioAED 460K · Aug 2016
1–7 of 13

413, Glamz Tower 2 in numbers

  • Sold once: by Danube Properties Development on 6 November 2016 for AED 1,170,000, or AED 997 per sqft.
  • Rented since July 2021 on 3 Ejari contracts, from AED 65,000 to AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2016 price is 7.9%, before a service charge of about AED 14,000 a year (AED 11.93 per sqft).

Source: Dubai Land Department. Updated 7 February 2024.

Questions about 413, Glamz Tower 2

What did unit 413 last sell for?

AED 1,170,000 on 6 November 2016, sold by the developer: AED 997 per sqft for 1,173 sqft. It is the only registered sale of the unit.

What is the rent for unit 413?

AED 92,000 a year on the contract signed on 7 February 2024. The previous contract, from August 2022, was AED 70,000; the unit has been rented since July 2021.

How big is unit 413?

1,173 sqft (109.0 sqm): a two-bedroom apartment on the 4th floor of a 15-storey tower completed in 2020.

What is unit 413 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 413, Glamz Tower 2

Starts from the last sale price (AED 1.17M, 6 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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