Studio · 404 sqftGlamz Tower 2, Al Furjan · 5th floor · completed 2020

506, Glamz Tower 2

Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 27 May 2025
Last soldAED 540K16 May 2025
Current rentAED 50K /yr27 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Glamz Tower 2

What is 506 worth today?

Last sold for AED 540,000 in 2025

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27 May 2025RentedNew contract
AED 50,000/yr12 months · AED 124 per sqft
27 May 2025RentedNew contract
AED 50,000/yr12 months · AED 124 per sqft
16 May 2025SoldReady
AED 540,000AED 1,337 per sqft
1 May 2024RentedRenewal
AED 35,200/yr12 months · AED 87 per sqft
1 May 2023RentedRenewal
AED 32,000/yr12 months · AED 79 per sqft
1 May 2022RentedRenewal
AED 27,650/yr12 months · AED 68 per sqft
1 May 2021RentedNew contract
AED 26,000/yr12 months · AED 64 per sqft
19 Sep 2016Sold by developerOff-plan
AED 495,000AED 1,225 per sqft

Source: Dubai Land Department. Updated 27 May 2025.

Key facts

Type
Studio apartment
Size
404 sqft
Floor
5th of 15
Parking
P2-51
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,800 /yr
Last sold
AED 540K · May 2025

About 506, Glamz Tower 2

506 is a studio of 404 sqft on the 5th floor of Glamz Tower 2, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. It last sold on 16 May 2025 for AED 540,000, or AED 1,337 per sqft, 4% above the AED 1,288 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 27 May 2025, is AED 50,000 a year: a gross yield of 9.3% on the 2025 price, before the service charge of about AED 4,800 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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 495,000 (AED 1,225 per sqft)Sold, May 2025: AED 540,000 (AED 1,337 per sqft)

506 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 506, 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, May 2021: AED 26,000 a yearRenewal, May 2022: AED 27,650 a yearRenewal, May 2023: AED 32,000 a yearRenewal, May 2024: AED 35,200 a yearNew contract, May 2025: AED 50,000 a yearNew contract, May 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 506 sits

All 134 studios →

506 last sold in May 2025 at AED 1,337 per sqft, 4% above what studios in Glamz Tower 2 were fetching at the time (AED 1,288). 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. 506'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
505StudioAED 495K · Jul 2016
507StudioAED 505K · Jul 2016
5081-bedAED 870K · Jun 2016
1–7 of 13

506, Glamz Tower 2 in numbers

  • Sold twice: first on 19 September 2016 for AED 495,000, last on 16 May 2025 for AED 540,000 (AED 1,337 per sqft).
  • Rented since May 2021 on 6 Ejari contracts, from AED 26,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2025 price is 9.3%, 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 27 May 2025.

Questions about 506, Glamz Tower 2

What did unit 506 last sell for?

AED 540,000 on 16 May 2025: AED 1,337 per sqft for 404 sqft. The unit has 2 registered sales; the first was AED 495,000 in September 2016.

What is the rent for unit 506?

AED 50,000 a year on the contract signed on 27 May 2025. The previous contract, from May 2025, was AED 50,000; the unit has been rented since May 2021.

How big is unit 506?

404 sqft (37.5 sqm): a studio on the 5th floor of a 15-storey tower completed in 2020.

What is unit 506 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 506, Glamz Tower 2

Starts from the last sale price (AED 540K, 16 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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