Studio · 409 sqftGlamz Tower 2, Al Furjan · 5th floor · completed 2020

505, Glamz Tower 2

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

Unit 505 · DLD and Ejari recordsUpdated 10 January 2025
Last soldAED 495K11 July 2016
Current rentAED 50K /yr10 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Glamz Tower 2

What is 505 worth today?

Last sold for AED 495,000 in 2016

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10 Jan 2025RentedNew contract
AED 50,000/yr12 months · AED 122 per sqft
10 Apr 2021RentedNew contract
AED 27,000/yr12 months · AED 66 per sqft
11 Jul 2016Sold by developerOff-plan
AED 495,000AED 1,208 per sqft

Source: Dubai Land Department. Updated 10 January 2025.

Key facts

Type
Studio apartment
Size
409 sqft
Floor
5th of 15
Parking
B-143
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,900 /yr
Last sold
AED 495K · July 2016

About 505, Glamz Tower 2

505 is a studio of 409 sqft on the 5th floor of Glamz Tower 2, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. The developer sold it on 11 July 2016 for AED 495,000, or AED 1,208 per sqft, in line with the AED 1,224 studios in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 10 January 2025, is AED 50,000 a year: a gross yield of 10.1% on the 2016 price, before the service charge of about AED 4,900 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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, July 2016: AED 495,000 (AED 1,208 per sqft)

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

Rents
Unit 505, each contractTypical studio in Glamz Tower 2
40K2021202320252027Typical 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, April 2021: AED 27,000 a yearNew contract, January 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 2, and where 505 sits

All 134 studios →

505 last sold in July 2016 at AED 1,208 per sqft, in line with what studios in Glamz Tower 2 were fetching at the time (AED 1,224). 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. 505's AED 50,000 is in the upper 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 5th floor

All 209 units in Glamz Tower 2
Value
5011-bedAED 830K · Jul 2016
502StudioAED 500K · Jul 2016
503StudioAED 600K · Sep 2026
5041-bedAED 830K · Jun 2016
506StudioAED 540K · May 2025
507StudioAED 505K · Jul 2016
5081-bedAED 870K · Jun 2016
1–7 of 13

505, Glamz Tower 2 in numbers

  • Sold once: by Danube Properties Development on 11 July 2016 for AED 495,000, or AED 1,208 per sqft.
  • Rented since April 2021 on 2 Ejari contracts, from AED 27,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2016 price is 10.1%, 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 10 January 2025.

Questions about 505, Glamz Tower 2

What did unit 505 last sell for?

AED 495,000 on 11 July 2016, sold by the developer: AED 1,208 per sqft for 409 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 50,000 a year on the contract signed on 10 January 2025. The previous contract, from April 2021, was AED 27,000.

How big is unit 505?

409 sqft (38.0 sqm): a studio on the 5th floor of a 15-storey tower completed in 2020.

What is unit 505 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 505, Glamz Tower 2

Starts from the last sale price (AED 495K, 11 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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