Studio · 409 sqftGlamz Tower 2, Al Furjan · 7th floor · completed 2020

705, Glamz Tower 2

Sold prices and rental history: sold once, by the developer in June 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 3 April 2024
Last soldAED 485K30 June 2016
Current rentAED 35K /yr3 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Glamz Tower 2

What is 705 worth today?

Last sold for AED 485,000 in 2016

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3 Apr 2024RentedRenewal
AED 35,000/yr12 months · AED 86 per sqft
3 Apr 2023RentedRenewal
AED 31,500/yr12 months · AED 77 per sqft
3 Apr 2022RentedRenewal
AED 29,000/yr12 months · AED 71 per sqft
30 Jun 2016Sold by developerOff-plan
AED 485,000AED 1,184 per sqft

Source: Dubai Land Department. Updated 3 April 2024.

Key facts

Type
Studio apartment
Size
409 sqft
Floor
7th of 15
Parking
B-141
Developer
Danube Properties Development
Completed
2020
Service charge
AED 4,900 /yr
Last sold
AED 485K · June 2016

About 705, Glamz Tower 2

705 is a studio of 409 sqft on the 7th floor of Glamz Tower 2, a 15-storey tower in Al Furjan completed in 2020 by Danube Properties Development. The developer sold it on 30 June 2016 for AED 485,000, or AED 1,184 per sqft, 4% below the AED 1,237 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 3 April 2024, is AED 35,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 4,900 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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, June 2016: AED 485,000 (AED 1,184 per sqft)

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

Rents
Unit 705, 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 45,130Renewal, April 2022: AED 29,000 a yearRenewal, April 2023: AED 31,500 a yearRenewal, April 2024: AED 35,000 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 705 sits

All 134 studios →

705 last sold in June 2016 at AED 1,184 per sqft, 4% below what studios in Glamz Tower 2 were fetching at the time (AED 1,237). 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. 705's AED 35,000 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 7th floor

All 209 units in Glamz Tower 2
Value
7011-bedAED 812K · Jul 2016
702StudioAED 519K · Aug 2025
703StudioAED 490K · Jul 2016
7041-bedAED 750K · Jul 2023
706StudioAED 485K · Jul 2016
707StudioAED 495K · Jul 2016
7081-bedAED 650K · Jun 2022
1–7 of 13

705, Glamz Tower 2 in numbers

  • Sold once: by Danube Properties Development on 30 June 2016 for AED 485,000, or AED 1,184 per sqft.
  • Rented since April 2022 on 3 Ejari contracts, from AED 29,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2016 price is 7.2%, 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 3 April 2024.

Questions about 705, Glamz Tower 2

What did unit 705 last sell for?

AED 485,000 on 30 June 2016, sold by the developer: AED 1,184 per sqft for 409 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 35,000 a year on the contract renewed on 3 April 2024. The previous contract, from April 2023, was AED 31,500; the unit has been rented since April 2022.

How big is unit 705?

409 sqft (38.0 sqm): a studio on the 7th floor of a 15-storey tower completed in 2020.

What is unit 705 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 705, Glamz Tower 2

Starts from the last sale price (AED 485K, 30 June 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 →