Studio · 416 sqftStarz 2 Tower by Danube, Al Furjan · 4th floor · completed 2019

408, Starz 2 Tower by Danube

Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 452K26 May 2016
Current rentAED 34K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Starz 2 Tower by Danube

What is 408 worth today?

Last sold for AED 451,935 in 2016

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1 Oct 2024RentedRenewal
AED 34,320/yr12 months · AED 84 per sqft
1 Oct 2023RentedRenewal
AED 31,200/yr12 months · AED 76 per sqft
1 Oct 2022RentedRenewal
AED 29,700/yr12 months · AED 73 per sqft
1 Oct 2021RentedNew contract
AED 27,000/yr12 months · AED 64 per sqft
26 May 2016Sold by developerOff-plan
AED 451,935AED 1,087 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio apartment
Size
416 sqft
Floor
4th of 15
Parking
B-54
Developer
Danube Properties Development
Completed
2019
Service charge
AED 4,400 /yr
Last sold
AED 452K · May 2016

About 408, Starz 2 Tower by Danube

408 is a studio of 416 sqft on the 4th floor of Starz 2 Tower by Danube, a 15-storey tower in Al Furjan completed in 2019 by Danube Properties Development. The developer sold it on 26 May 2016 for AED 451,935, or AED 1,087 per sqft, 5% below the AED 1,140 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 34,320 a year: a gross yield of 7.6% on the 2016 price, before the service charge of about AED 4,400 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical studio in Starz 2 Tower by Danube
300K400K500K2016201920222025Typical sale price by year: 2016 AED 466,990; 2017 AED 482,928; 2019 AED 409,828; 2020 AED 340,000; 2021 AED 325,000; 2022 AED 337,500; 2023 AED 420,000; 2024 AED 490,000; 2025 AED 540,000; 2026 AED 540,000Sold by developer, May 2016: AED 451,935 (AED 1,087 per sqft)

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

Rents
Unit 408, each contractTypical studio in Starz 2 Tower by Danube
30K40K20192021202320252027Typical rent by year: 2019 AED 31,500; 2020 AED 30,000; 2021 AED 27,000; 2022 AED 30,000; 2023 AED 36,000; 2024 AED 42,000; 2025 AED 45,000; 2026 AED 44,000New contract, October 2021: AED 27,000 a yearRenewal, October 2022: AED 29,700 a yearRenewal, October 2023: AED 31,200 a yearRenewal, October 2024: AED 34,320 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Starz 2 Tower by Danube, and where 408 sits

All 135 studios →

408 last sold in May 2016 at AED 1,087 per sqft, 5% below what studios in Starz 2 Tower by Danube were fetching at the time (AED 1,140). Over the last 12 months studios sold for AED 300,000 to 573,000, around AED 1,336 per sqft, and rent for AED 30,000 to 66,000 a year. 408's AED 34,320 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Sep 2026500,000
17 Sep 2026300,000
23 Jun 2026540,000
16 Jun 2026540,000
10 studio sales in the last 12 months

Starz 2 Tower by Danube

Building

223 apartments, studios to 2-bed over 15 floors in Al Furjan, completed in 2019 by Danube Properties Development. 16 sold in the last 12 months.

Typical price per sqft
AED 1,293 Up 2.2%
Typical sale
AED 555K
Typical rent
AED 47K /yr
Typical yield
8.0%
Starz 2 Tower by Danube, Al Furjan: prices, sales and rents →

Other units on the 4th floor

All 223 units in Starz 2 Tower by Danube
Value
4011-bedAED 760K · Apr 2016
402StudioAED 441K · Apr 2016
403StudioAED 441K · Apr 2016
404StudioAED 451K · Apr 2016
4051-bedAED 764K · Apr 2016
406StudioAED 450K · Apr 2016
407StudioAED 440K · Oct 2023
1–7 of 14

408, Starz 2 Tower by Danube in numbers

  • Sold once: by Danube Properties Development on 26 May 2016 for AED 451,935, or AED 1,087 per sqft.
  • Rented since October 2021 on 4 Ejari contracts, from AED 27,000 to AED 34,320 a year.
  • At AED 34,320 a year the gross yield on the 2016 price is 7.6%, before a service charge of about AED 4,400 a year (AED 10.67 per sqft).
  • Studios in Starz 2 Tower by Danube sold for AED 300,000–573,000 in the 12 months to November 2026; the building's median across all types is AED 1,293 per sqft.

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 408, Starz 2 Tower by Danube

What did unit 408 last sell for?

AED 451,935 on 26 May 2016, sold by the developer: AED 1,087 per sqft for 416 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 34,320 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 31,200; the unit has been rented since October 2021.

How big is unit 408?

416 sqft (38.6 sqm): a studio on the 4th floor of a 15-storey tower completed in 2019.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Starz 2 Tower by Danube sold for AED 300,000 to 573,000 in the last 12 months, around AED 1,336 per sqft.

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Mortgage on 408, Starz 2 Tower by Danube

Starts from the last sale price (AED 452K, 26 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 451,935
Deposit, UAE resident (20%)
AED 90,387
Deposit, non-resident (40%)
AED 180,774
Monthly over 25 years at 3.7%
AED 1,849

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