Studio · 392 sqftGlamz Tower 2, Al Furjan · 5th floor · completed 2020

514, 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 514 · DLD and Ejari recordsUpdated 26 March 2026
Last soldAED 485K11 July 2016
Current rentAED 39K /yr26 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Glamz Tower 2

What is 514 worth today?

Last sold for AED 485,000 in 2016

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26 Mar 2026RentedNew contract
AED 39,405/yr12 months · AED 101 per sqft
15 Mar 2022RentedNew contract
AED 31,000/yr12 months · AED 79 per sqft
1 Mar 2021RentedNew contract
AED 26,000/yr12 months · AED 67 per sqft
11 Jul 2016Sold by developerOff-plan
AED 485,000AED 1,237 per sqft

Source: Dubai Land Department. Updated 26 March 2026.

Key facts

Type
Studio apartment
Size
392 sqft
Floor
5th of 15
Parking
P1-45
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,700 /yr
Last sold
AED 485K · July 2016

About 514, Glamz Tower 2

514 is a studio of 392 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 485,000, or AED 1,237 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 3 Ejari contracts. The current contract, signed on 26 March 2026, is AED 39,405 a year: a gross yield of 8.1% on the 2016 price, before the service charge of about AED 4,700 a year.

Sales and rents for 514 over time

Sales
Unit 514, 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 485,000 (AED 1,237 per sqft)

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

Rents
Unit 514, each contractTypical studio in Glamz Tower 2
30K40K50K2021202320252027Typical 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 2021: AED 26,000 a yearNew contract, March 2022: AED 31,000 a yearNew contract, March 2026: AED 39,405 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 514 sits

All 134 studios →

514 last sold in July 2016 at AED 1,237 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. 514's AED 39,405 is in the lower 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

514, Glamz Tower 2 in numbers

  • Sold once: by Danube Properties Development on 11 July 2016 for AED 485,000, or AED 1,237 per sqft.
  • Rented since March 2021 on 3 Ejari contracts, from AED 26,000 to AED 39,405 a year.
  • At AED 39,405 a year the gross yield on the 2016 price is 8.1%, before a service charge of about AED 4,700 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 26 March 2026.

Questions about 514, Glamz Tower 2

What did unit 514 last sell for?

AED 485,000 on 11 July 2016, sold by the developer: AED 1,237 per sqft for 392 sqft. It is the only registered sale of the unit.

What is the rent for unit 514?

AED 39,405 a year on the contract signed on 26 March 2026. The previous contract, from March 2022, was AED 31,000; the unit has been rented since March 2021.

How big is unit 514?

392 sqft (36.4 sqm): a studio on the 5th floor of a 15-storey tower completed in 2020.

What is unit 514 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 514, Glamz Tower 2

Starts from the last sale price (AED 485K, 11 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 485,000
Deposit, UAE resident (20%)
AED 97,000
Deposit, non-resident (40%)
AED 194,000
Monthly over 25 years at 3.7%
AED 1,984

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