2-bed · 1,173 sqftGlamz Tower 2, Al Furjan · 5th floor · completed 2020

513, Glamz Tower 2

Sold prices and rental history: sold twice, last in March 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 28 March 2024
Last soldAED 1.12M28 March 2024
Current rentAED 77K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, Glamz Tower 2

What is 513 worth today?

Last sold for AED 1,120,000 in 2024

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28 Mar 2024SoldReady
AED 1,120,000AED 955 per sqft
1 Aug 2023RentedRenewal
AED 77,000/yr12 months · AED 66 per sqft
1 Aug 2022RentedNew contract
AED 73,000/yr12 months · AED 62 per sqft
1 Jul 2021RentedNew contract
AED 67,000/yr12 months · AED 57 per sqft
17 Jul 2016Sold by developerOff-plan
AED 1,140,000AED 972 per sqft

Source: Dubai Land Department. Updated 28 March 2024.

Key facts

Type
2-bed apartment
Size
1,173 sqft
Floor
5th of 15
Parking
G-15
Developer
Danube Properties Development
Completed
2020
Service charge
AED 14,000 /yr
Last sold
AED 1.12M · March 2024

About 513, Glamz Tower 2

513 is a two-bedroom apartment of 1,173 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 28 March 2024 for AED 1,120,000, or AED 955 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 77,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 14,000 a year.

Sales and rents for 513 over time

Sales
Unit 513, each saleTypical two-bed in Glamz Tower 2
1M1.1M201620192022Typical sale price by year: 2016 AED 1,160,000; 2023 AED 940,000Sold by developer, July 2016: AED 1,140,000 (AED 972 per sqft)Sold, March 2024: AED 1,120,000 (AED 955 per sqft)

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

Rents
Unit 513, 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 67,000 a yearNew contract, August 2022: AED 73,000 a yearRenewal, August 2023: AED 77,000 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 513 sits

All 15 2-beds →

513's AED 77,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Feb 2023940,000
2 Feb 2023940,000
2 Feb 2023940,000
30 Jan 20231,050,000
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 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

513, Glamz Tower 2 in numbers

  • Sold twice: first on 17 July 2016 for AED 1,140,000, last on 28 March 2024 for AED 1,120,000 (AED 955 per sqft).
  • Rented since July 2021 on 3 Ejari contracts, from AED 67,000 to AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 14,000 a year (AED 11.93 per sqft).

Source: Dubai Land Department. Updated 28 March 2024.

Questions about 513, Glamz Tower 2

What did unit 513 last sell for?

AED 1,120,000 on 28 March 2024: AED 955 per sqft for 1,173 sqft. The unit has 2 registered sales; the first was AED 1,140,000 in July 2016.

What is the rent for unit 513?

AED 77,000 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 73,000; the unit has been rented since July 2021.

How big is unit 513?

1,173 sqft (109.0 sqm): a two-bedroom apartment on the 5th floor of a 15-storey tower completed in 2020.

What is unit 513 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 513, Glamz Tower 2

Starts from the last sale price (AED 1.12M, 28 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

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