Studio · 425 sqftElz Residence by Danube, Arjan · 1st floor · completed 2022

120, Elz Residence by Danube

Sold prices and rental history: sold once, by the developer in July 2019, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 120 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 414K14 July 2019
Current rentAED 45K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 120, Elz Residence by Danube

What is 120 worth today?

Last sold for AED 413,820 in 2019

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1 Sep 2026RentedNew contract
AED 45,000/yr12 months · AED 105 per sqft
7 Apr 2026RentedRenewal
AED 45,000/yr12 months · AED 105 per sqft
7 Apr 2025RentedNew contract
AED 50,500/yr12 months · AED 117 per sqft
1 Apr 2024RentedRenewal
AED 57,750/yr12 months · AED 134 per sqft
1 Apr 2023RentedNew contract
AED 55,000/yr12 months · AED 128 per sqft
14 Jul 2019Sold by developerOff-plan
AED 413,820AED 973 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
425 sqft
Floor
1st of 8
Parking
B-72
Developer
Danube Properties Development
Completed
2022
Service charge
AED 5,000 /yr
Last sold
AED 414K · July 2019

About 120, Elz Residence by Danube

120 is a studio of 425 sqft on the 1st floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. The developer sold it on 14 July 2019 for AED 413,820, or AED 973 per sqft, in line with the AED 985 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 1 September 2026, is AED 45,000 a year: a gross yield of 10.9% on the 2019 price, before the service charge of about AED 5,000 a year.

Sales and rents for 120 over time

Sales
Unit 120, each saleTypical studio in Elz Residence by Danube
400K500K2018202120242027Typical sale price by year: 2018 AED 404,000; 2019 AED 388,000; 2020 AED 398,245; 2021 AED 403,750; 2022 AED 380,000; 2023 AED 410,000; 2024 AED 450,000; 2025 AED 525,000; 2026 AED 500,000Sold by developer, July 2019: AED 413,820 (AED 973 per sqft)

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

Rents
Unit 120, each contractTypical studio in Elz Residence by Danube
40K60K202220242026Typical rent by year: 2022 AED 28,460; 2023 AED 33,600; 2024 AED 39,843; 2025 AED 42,500; 2026 AED 42,000New contract, April 2023: AED 55,000 a yearRenewal, April 2024: AED 57,750 a yearNew contract, April 2025: AED 50,500 a yearRenewal, April 2026: AED 45,000 a yearNew contract, September 2026: AED 45,000 a year

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

Studios in Elz Residence by Danube, and where 120 sits

All 214 studios →

120 last sold in July 2019 at AED 973 per sqft, in line with what studios in Elz Residence by Danube were fetching at the time (AED 985). Over the last 12 months studios sold for AED 450,000 to 550,000, around AED 1,349 per sqft, and rent for AED 15,000 to 78,000 a year. 120's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
5 Oct 2026500,000
12 Aug 2026493,000
8 Jun 2026450,000
15 May 2026490,000
11 studio sales in the last 12 months

Elz Residence by Danube

Building

270 apartments, studios to 2-bed over 8 floors in Arjan, completed in 2022 by Danube Properties Development. 18 sold in the last 12 months.

Typical price per sqft
AED 1,243 Down 3.5%
Typical sale
AED 543K
Typical rent
AED 42K /yr
Typical yield
8.3%
Elz Residence by Danube, Arjan: prices, sales and rents →

Other units on the 1st floor

All 270 units in Elz Residence by Danube
Value
101StudioAED 378K · Feb 2019
102StudioAED 335K · Mar 2019
1032-bedAED 1.29M · Jun 2026
104StudioAED 335K · Mar 2019
105StudioAED 335K · Mar 2019
106StudioAED 335K · Mar 2019
1071-bedAED 700K · May 2026
1–7 of 31

120, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 14 July 2019 for AED 413,820, or AED 973 per sqft.
  • Rented since April 2023 on 5 Ejari contracts, from AED 55,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2019 price is 10.9%, before a service charge of about AED 5,000 a year (AED 11.65 per sqft).
  • Studios in Elz Residence by Danube sold for AED 450,000–550,000 in the 12 months to November 2026; the building's median across all types is AED 1,243 per sqft.

Source: Dubai Land Department. Updated 1 September 2026.

Questions about 120, Elz Residence by Danube

What did unit 120 last sell for?

AED 413,820 on 14 July 2019, sold by the developer: AED 973 per sqft for 425 sqft. It is the only registered sale of the unit.

What is the rent for unit 120?

AED 45,000 a year on the contract signed on 1 September 2026. The previous contract, from April 2026, was AED 45,000; the unit has been rented since April 2023.

How big is unit 120?

425 sqft (39.5 sqm): a studio on the 1st floor of a 8-storey tower completed in 2022.

What is unit 120 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Elz Residence by Danube sold for AED 450,000 to 550,000 in the last 12 months, around AED 1,349 per sqft.

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Mortgage on 120, Elz Residence by Danube

Starts from the last sale price (AED 414K, 14 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 413,820
Deposit, UAE resident (20%)
AED 82,764
Deposit, non-resident (40%)
AED 165,528
Monthly over 25 years at 3.7%
AED 1,693

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