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Studio · 392 sqftElz Residence by Danube, Arjan · 1st floor · completed 2022

124, Elz Residence by Danube

Sold prices and rental history: sold 3 times, last in May 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 124 · DLD and Ejari recordsUpdated 8 February 2026
Last soldAED 505K29 May 2025
Current rentAED 48K /yr8 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 124, Elz Residence by Danube

What is 124 worth today?

Last sold for AED 505,000 in 2025

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8 Feb 2026RentedNew contract
AED 48,000/yr12 months · AED 124 per sqft
29 May 2025SoldReady
AED 505,000AED 1,288 per sqft
8 Sep 2023SoldReady
AED 500,000AED 1,275 per sqft
30 Dec 2022RentedNew contract
AED 30,000/yr12 months · AED 77 per sqft
5 Mar 2019Sold by developerOff-plan
AED 388,000AED 990 per sqft

Source: Dubai Land Department. Updated 8 February 2026.

Key facts

Type
Studio apartment
Size
392 sqft
Floor
1st of 8
Parking
B-76
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 505K · May 2025
Building
Elz Residence by Danube

About 124, Elz Residence by Danube

124 is a studio of 392 sqft on the 1st floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. It last sold on 29 May 2025 for AED 505,000, or AED 1,288 per sqft, in line with the AED 1,260 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 8 February 2026, is AED 48,000 a year: a gross yield of 9.5% on the 2025 price, before the service charge of about AED 4,600 a year.

Sales and rents for 124 over time

Sales
Unit 124, 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, March 2019: AED 388,000 (AED 990 per sqft)Sold, September 2023: AED 500,000 (AED 1,275 per sqft)Sold, May 2025: AED 505,000 (AED 1,288 per sqft)

124 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 124, each contractTypical studio in Elz Residence by Danube
30K40K50K202220242026Typical rent by year: 2022 AED 28,460; 2023 AED 33,600; 2024 AED 39,843; 2025 AED 42,500; 2026 AED 42,000New contract, December 2022: AED 30,000 a yearNew contract, February 2026: AED 48,000 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 124 sits

All 214 studios →

124 last sold in May 2025 at AED 1,288 per sqft, in line with what studios in Elz Residence by Danube were fetching at the time (AED 1,260). 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. 124's AED 48,000 is in the upper 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

124, Elz Residence by Danube in numbers

  • Sold 3 times: first on 5 March 2019 for AED 388,000, last on 29 May 2025 for AED 505,000 (AED 1,288 per sqft).
  • Rented since December 2022 on 2 Ejari contracts, from AED 30,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2025 price is 9.5%, before a service charge of about AED 4,600 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 8 February 2026.

Questions about 124, Elz Residence by Danube

What did unit 124 last sell for?

AED 505,000 on 29 May 2025: AED 1,288 per sqft for 392 sqft. The unit has 3 registered sales; the first was AED 388,000 in March 2019.

What is the rent for unit 124?

AED 48,000 a year on the contract signed on 8 February 2026. The previous contract, from December 2022, was AED 30,000.

How big is unit 124?

392 sqft (36.4 sqm): a studio on the 1st floor of a 8-storey tower completed in 2022.

What is unit 124 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 124, Elz Residence by Danube

Starts from the last sale price (AED 505K, 29 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 505,000
Deposit, UAE resident (20%)
AED 101,000
Deposit, non-resident (40%)
AED 202,000
Monthly over 25 years at 3.7%
AED 2,066

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