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Glamz Residence Tower 1

A studio in Glamz Residence Tower 1 costs a median AED 547,500 and rents long-let for AED 48,000/yr (8.65% gross) — +0.4 pts vs Al Furjan's 8.29% and +1.7 pts vs Dubai's 6.97% — from 26 sales and 242 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
11 in 12 months
Rental contracts · Studio
122 in 12 months
Buy
547,500AED
AED 1,362/sqft
Long-let
8.65%
AED 48,000/yr

Price per sqft: Median of 5 registered sales of ready units in the last 6 months, most recent July 2026.

Priced off 3 sales in the last 3 months.

Yield spread
+0.4 pts
vs the Al Furjan median for this unit type
Turnover upside
+6.7%
new tenants pay more than sitting ones — 150 renewals
AED/yr/sqft
AED 117
Sales
26
Rental contracts
242
Renewal rent
AED 45,000/yr
12 months
+2.6%
3 years
+21.5%+6.7%/yr
5 years
+57.3%+9.5%/yr

Based on 26 sales and 242 rental contracts in the last 24 months. Rental data covers the whole Glamz Residence project, not this tower alone.

Glamz Residence Tower 1 is an apartment building in Al Furjan, Dubai, one of the towers in the Glamz Residence development. The closest metro station is Ibn Battuta Metro Station, the nearest mall Ibn-e-Battuta Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2016 to 2026, 608 registered sales in all — the 26 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 547,50013468.65%
+0.4 pts
+2.6%26
1 bedAED 924,50012067.67%
+0.2 pts
+5.5%8
2 bedAED 1.30M11087.92%
+1.1 pts
+9.4%3

Deltas compare each yield with the Al Furjan median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Glamz Residence Tower 1

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
1 bed500m4540.59AED 99,035AED 72,0001.4×10.71%6+

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Glamz Residence Tower 1 itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Glamz Residence Tower 1 between 2016 and 2020 went for a median of AED 1,142/sqft (AED 490,000). The same building resells today at AED 1,325/sqft (AED 555,000) — an uplift of +13.3%.

Based on 217 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

16 resales in the last 12 months, against 17 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
6 Jul 2026Studio407AED 545,0001,338
30 Jun 2026Studio407AED 560,0001,377
18 Jun 2026Studio393AED 555,0001,413

3 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro
Ibn Battuta Metro Station
Mall
Ibn-e-Battuta Mall
Landmark
Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Glamz Residence, on the same figures over the same window.

Common questions

What is the rental yield in Glamz Residence Tower 1?
Glamz Residence Tower 1 returns 8.65% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 242 rental contracts registered in the last 24 months.
How much does a studio in Glamz Residence Tower 1 cost?
The median registered sale price is AED 547,500 (1,346 AED/sqft), from 26 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Glamz Residence Tower 1 selling for right now?
Registered sales of ready units in Glamz Residence Tower 1 over the last 6 months have a median of 1,362 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Glamz Residence Tower 1 risen or fallen?
Median price per square foot moved +2.6% over the last 12 months against the 12 before it, on 26 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Glamz Residence Tower 1 compare with Al Furjan?
Its 8.65% gross yield sits +0.4 pts against the Al Furjan median of 8.29%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Glamz Residence Tower 1 sale record

Record type
Building-level property market record
Data date
Evidence base
26 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/sale/apartments/dubai/al-furjan/glamz-residence-tower-1
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Glamz Residence Tower 1 sale prices and yield.” Al Furjan, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/al-furjan/glamz-residence-tower-1.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.