Studio · 406 sqftGlamz Tower 2, Al Furjan · 5th floor · completed 2020

509, Glamz Tower 2

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 500K9 May 2024
Current rentAED 50K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Glamz Tower 2

What is 509 worth today?

Last sold for AED 500,000 in 2024

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1 Jun 2026RentedRenewal
AED 50,000/yr12 months · AED 126 per sqft
1 Jun 2025RentedRenewal
AED 48,000/yr12 months · AED 121 per sqft
1 Jun 2025RentedRenewal
AED 48,000/yr12 months · AED 121 per sqft
1 Jun 2024RentedNew contract
AED 48,000/yr12 months · AED 121 per sqft
9 May 2024SoldReady
AED 500,000AED 1,232 per sqft
30 Mar 2023RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft
12 Mar 2022RentedNew contract
AED 30,000/yr12 months · AED 73 per sqft
17 Jul 2016Sold by developerOff-plan
AED 515,000AED 1,269 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
Studio apartment
Size
406 sqft
Floor
5th of 15
Parking
P2-31
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,800 /yr
Last sold
AED 500K · May 2024

About 509, Glamz Tower 2

509 is a studio of 406 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 9 May 2024 for AED 500,000, or AED 1,232 per sqft, 7% above the AED 1,148 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 50,000 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 4,800 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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 515,000 (AED 1,269 per sqft)Sold, May 2024: AED 500,000 (AED 1,232 per sqft)

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

Rents
Unit 509, 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, March 2022: AED 30,000 a yearNew contract, March 2023: AED 40,000 a yearNew contract, June 2024: AED 48,000 a yearRenewal, June 2025: AED 48,000 a yearRenewal, June 2025: AED 48,000 a yearRenewal, June 2026: 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 509 sits

All 134 studios →

509 last sold in May 2024 at AED 1,232 per sqft, 7% above what studios in Glamz Tower 2 were fetching at the time (AED 1,148). 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. 509'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
506StudioAED 540K · May 2025
507StudioAED 505K · Jul 2016
1–7 of 13

509, Glamz Tower 2 in numbers

  • Sold twice: first on 17 July 2016 for AED 515,000, last on 9 May 2024 for AED 500,000 (AED 1,232 per sqft).
  • Rented since March 2022 on 6 Ejari contracts, from AED 30,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 10.0%, 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 1 June 2026.

Questions about 509, Glamz Tower 2

What did unit 509 last sell for?

AED 500,000 on 9 May 2024: AED 1,232 per sqft for 406 sqft. The unit has 2 registered sales; the first was AED 515,000 in July 2016.

What is the rent for unit 509?

AED 50,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 48,000; the unit has been rented since March 2022.

How big is unit 509?

406 sqft (37.7 sqm): a studio on the 5th floor of a 15-storey tower completed in 2020.

What is unit 509 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 509, Glamz Tower 2

Starts from the last sale price (AED 500K, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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