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

309, Elz Residence by Danube

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

Unit 309 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 384K2 April 2019
Current rentAED 42K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 309, Elz Residence by Danube

What is 309 worth today?

Last sold for AED 384,000 in 2019

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1 Oct 2024RentedRenewal
AED 42,000/yr12 months · AED 108 per sqft
1 Oct 2023RentedNew contract
AED 40,000/yr12 months · AED 103 per sqft
25 Sep 2022RentedNew contract
AED 29,000/yr12 months · AED 75 per sqft
2 Apr 2019Sold by developerOff-plan
AED 384,000AED 978 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio apartment
Size
393 sqft
Floor
3rd of 8
Parking
B-160
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 384K · April 2019
Building
Elz Residence by Danube

About 309, Elz Residence by Danube

309 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. The developer sold it on 2 April 2019 for AED 384,000, or AED 978 per sqft, in line with the AED 978 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 42,000 a year: a gross yield of 10.9% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, April 2019: AED 384,000 (AED 978 per sqft)

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

Rents
Unit 309, 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, September 2022: AED 29,000 a yearNew contract, October 2023: AED 40,000 a yearRenewal, October 2024: 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 309 sits

All 214 studios →

309 last sold in April 2019 at AED 978 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. 309'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

309, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 2 April 2019 for AED 384,000, or AED 978 per sqft.
  • Rented since September 2022 on 3 Ejari contracts, from AED 29,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2019 price is 10.9%, 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 1 October 2024.

Questions about 309, Elz Residence by Danube

What did unit 309 last sell for?

AED 384,000 on 2 April 2019, sold by the developer: AED 978 per sqft for 393 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 42,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 40,000; the unit has been rented since September 2022.

How big is unit 309?

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

What is unit 309 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 309, Elz Residence by Danube

Starts from the last sale price (AED 384K, 2 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 384,000
Deposit, UAE resident (20%)
AED 76,800
Deposit, non-resident (40%)
AED 153,600
Monthly over 25 years at 3.7%
AED 1,571

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