Studio · 395 sqftElz Residence by Danube, Arjan · 4th floor · completed 2022

424, Elz Residence by Danube

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 424 · DLD and Ejari recordsUpdated 19 July 2026
Last soldAED 470K22 May 2024
Current rentAED 42K /yr19 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 424, Elz Residence by Danube

What is 424 worth today?

Last sold for AED 470,000 in 2024

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19 Jul 2026RentedRenewal
AED 42,000/yr12 months · AED 106 per sqft
19 Jul 2025RentedRenewal
AED 42,000/yr12 months · AED 106 per sqft
19 Jul 2024RentedNew contract
AED 42,000/yr12 months · AED 106 per sqft
22 May 2024SoldReady
AED 470,000AED 1,188 per sqft
22 Jul 2023RentedNew contract
AED 34,000/yr12 months · AED 86 per sqft
10 Jul 2022RentedNew contract
AED 31,000/yr12 months · AED 78 per sqft
5 May 2019Sold by developerOff-plan
AED 404,000AED 1,021 per sqft

Source: Dubai Land Department. Updated 19 July 2026.

Key facts

Type
Studio apartment
Size
395 sqft
Floor
4th of 8
Parking
B-52
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 470K · May 2024

About 424, Elz Residence by Danube

424 is a studio of 395 sqft on the 4th floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. It last sold on 22 May 2024 for AED 470,000, or AED 1,188 per sqft, 10% above the AED 1,080 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 19 July 2026, is AED 42,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 4,600 a year.

Sales and rents for 424 over time

Sales
Unit 424, 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, May 2019: AED 404,000 (AED 1,021 per sqft)Sold, May 2024: AED 470,000 (AED 1,188 per sqft)

424 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 424, 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, July 2022: AED 31,000 a yearNew contract, July 2023: AED 34,000 a yearNew contract, July 2024: AED 42,000 a yearRenewal, July 2025: AED 42,000 a yearRenewal, July 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 424 sits

All 214 studios →

424 last sold in May 2024 at AED 1,188 per sqft, 10% above what studios in Elz Residence by Danube were fetching at the time (AED 1,080). 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. 424'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 4th floor

All 270 units in Elz Residence by Danube
Value
401StudioAED 490K · Jan 2025
402StudioAED 550K · Jan 2025
4032-bedAED 1.18M · Jul 2024
404StudioAED 460K · Aug 2024
405StudioAED 384K · Jan 2019
406StudioAED 378K · Jul 2019
4071-bedAED 633K · Nov 2019
1–7 of 33

424, Elz Residence by Danube in numbers

  • Sold twice: first on 5 May 2019 for AED 404,000, last on 22 May 2024 for AED 470,000 (AED 1,188 per sqft).
  • Rented since July 2022 on 5 Ejari contracts, from AED 31,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2024 price is 8.9%, 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 19 July 2026.

Questions about 424, Elz Residence by Danube

What did unit 424 last sell for?

AED 470,000 on 22 May 2024: AED 1,188 per sqft for 395 sqft. The unit has 2 registered sales; the first was AED 404,000 in May 2019.

What is the rent for unit 424?

AED 42,000 a year on the contract renewed on 19 July 2026. The previous contract, from July 2025, was AED 42,000; the unit has been rented since July 2022.

How big is unit 424?

395 sqft (36.7 sqm): a studio on the 4th floor of a 8-storey tower completed in 2022.

What is unit 424 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 424, Elz Residence by Danube

Starts from the last sale price (AED 470K, 22 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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