Studio · 393 sqftElz Residence by Danube, Arjan · 3rd floor · completed 2022

308, Elz Residence by Danube

Sold prices and rental history: sold 3 times, last in September 2025, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 4 May 2026
Last soldAED 540K17 September 2025
Current rentAED 42K /yr4 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Elz Residence by Danube

What is 308 worth today?

Last sold for AED 540,000 in 2025

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4 May 2026RentedNew contract
AED 42,000/yr12 months · AED 107 per sqft
20 Oct 2025RentedNew contract
AED 46,500/yr12 months · AED 118 per sqft
17 Sep 2025SoldReady
AED 540,000AED 1,375 per sqft
21 Oct 2024RentedRenewal
AED 45,000/yr12 months · AED 116 per sqft
10 Oct 2023SoldReady
AED 390,000AED 993 per sqft
8 Jan 2019Sold by developerOff-plan
AED 384,000AED 977 per sqft

Source: Dubai Land Department. Updated 4 May 2026.

Key facts

Type
Studio apartment
Size
393 sqft
Floor
3rd of 8
Parking
B-159
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 540K · September 2025

About 308, Elz Residence by Danube

308 is a studio of 393 sqft on the 3rd floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. It last sold on 17 September 2025 for AED 540,000, or AED 1,375 per sqft, 5% above the AED 1,314 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 4 May 2026, is AED 42,000 a year: a gross yield of 7.8% on the 2025 price, before the service charge of about AED 4,600 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, January 2019: AED 384,000 (AED 977 per sqft)Sold, October 2023: AED 390,000 (AED 993 per sqft)Sold, September 2025: AED 540,000 (AED 1,375 per sqft)

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

Rents
Unit 308, 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 42,000Renewal, October 2024: AED 45,000 a yearNew contract, October 2025: AED 46,500 a yearNew contract, May 2026: AED 42,000 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 308 sits

All 214 studios →

308 last sold in September 2025 at AED 1,375 per sqft, 5% above what studios in Elz Residence by Danube were fetching at the time (AED 1,314). 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. 308's AED 42,000 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 3rd floor

All 270 units in Elz Residence by Danube
Value
301StudioAED 490K · May 2026
302StudioAED 480K · Aug 2024
3032-bedAED 920K · Jun 2021
304StudioAED 525K · Jun 2025
305StudioAED 545K · May 2026
306StudioAED 510K · Mar 2025
3071-bedAED 583K · Feb 2021
1–7 of 33

308, Elz Residence by Danube in numbers

  • Sold 3 times: first on 8 January 2019 for AED 384,000, last on 17 September 2025 for AED 540,000 (AED 1,375 per sqft).
  • Rented since October 2024 on 3 Ejari contracts, from AED 45,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2025 price is 7.8%, 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 4 May 2026.

Questions about 308, Elz Residence by Danube

What did unit 308 last sell for?

AED 540,000 on 17 September 2025: AED 1,375 per sqft for 393 sqft. The unit has 3 registered sales; the first was AED 384,000 in January 2019.

What is the rent for unit 308?

AED 42,000 a year on the contract signed on 4 May 2026. The previous contract, from October 2025, was AED 46,500; the unit has been rented since October 2024.

How big is unit 308?

393 sqft (36.5 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2022.

What is unit 308 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 308, Elz Residence by Danube

Starts from the last sale price (AED 540K, 17 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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