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Studio · 392 sqftElz Residence by Danube, Arjan · 2nd floor · completed 2022

229, Elz Residence by Danube

Sold prices and rental history: sold once, by the developer in March 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 229 · DLD and Ejari recordsUpdated 23 July 2026
Last soldAED 382K25 March 2019
Current rentAED 40K /yr23 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 229, Elz Residence by Danube

What is 229 worth today?

Last sold for AED 382,000 in 2019

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23 Jul 2026RentedNew contract
AED 40,000/yr12 months · AED 102 per sqft
15 Nov 2025RentedRenewal
AED 40,500/yr12 months · AED 105 per sqft
15 Nov 2024RentedNew contract
AED 40,500/yr12 months · AED 105 per sqft
1 Dec 2023RentedRenewal
AED 33,000/yr12 months · AED 85 per sqft
1 Dec 2022RentedNew contract
AED 30,000/yr12 months · AED 77 per sqft
25 Mar 2019Sold by developerOff-plan
AED 382,000AED 973 per sqft

Source: Dubai Land Department. Updated 23 July 2026.

Key facts

Type
Studio apartment
Size
392 sqft
Floor
2nd of 8
Parking
B-100
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 382K · March 2019
Building
Elz Residence by Danube

About 229, Elz Residence by Danube

229 is a studio of 392 sqft on the 2nd floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. The developer sold it on 25 March 2019 for AED 382,000, or AED 973 per sqft, in line with the AED 978 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 23 July 2026, is AED 40,000 a year: a gross yield of 10.5% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 229 over time

Sales
Unit 229, 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 382,000 (AED 973 per sqft)

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

Rents
Unit 229, each contractTypical studio in Elz Residence by Danube
30K40K202220242026Typical 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 yearRenewal, December 2023: AED 33,000 a yearNew contract, November 2024: AED 40,500 a yearRenewal, November 2025: AED 40,500 a yearNew contract, July 2026: AED 40,000 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 229 sits

All 214 studios →

229 last sold in March 2019 at AED 973 per sqft, in line with what studios in Elz Residence by Danube were fetching at the time (AED 978). 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. 229's AED 40,000 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 2nd floor

All 270 units in Elz Residence by Danube
Value
201StudioAED 380K · Apr 2019
202StudioAED 335K · Mar 2019
2032-bedAED 1.08M · Jun 2023
204StudioAED 365K · May 2019
205StudioAED 510K · Jul 2025
206StudioAED 565K · Jul 2025
2071-bedAED 632K · Aug 2019
1–7 of 33

229, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 25 March 2019 for AED 382,000, or AED 973 per sqft.
  • Rented since December 2022 on 5 Ejari contracts, from AED 30,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2019 price is 10.5%, 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 23 July 2026.

Questions about 229, Elz Residence by Danube

What did unit 229 last sell for?

AED 382,000 on 25 March 2019, sold by the developer: AED 973 per sqft for 392 sqft. It is the only registered sale of the unit.

What is the rent for unit 229?

AED 40,000 a year on the contract signed on 23 July 2026. The previous contract, from November 2025, was AED 40,500; the unit has been rented since December 2022.

How big is unit 229?

392 sqft (36.4 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2022.

What is unit 229 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 229, Elz Residence by Danube

Starts from the last sale price (AED 382K, 25 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 382,000
Deposit, UAE resident (20%)
AED 76,400
Deposit, non-resident (40%)
AED 152,800
Monthly over 25 years at 3.7%
AED 1,563

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