Home
Dubai prices
About
Research
Studio · 392 sqftElz Residence by Danube, Arjan · 4th floor · completed 2022

427, Elz Residence by Danube

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

Unit 427 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 404K10 February 2019
Current rentAED 33K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 427

Property timeline for 427, Elz Residence by Danube

What is 427 worth today?

Last sold for AED 404,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Sep 2024RentedRenewal
AED 33,000/yr12 months · AED 85 per sqft
15 Sep 2023RentedNew contract
AED 29,000/yr12 months · AED 75 per sqft
15 Jul 2022RentedNew contract
AED 29,000/yr12 months · AED 75 per sqft
10 Feb 2019Sold by developerOff-plan
AED 404,000AED 1,030 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
Studio apartment
Size
392 sqft
Floor
4th of 8
Parking
B-55
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 404K · February 2019
Building
Elz Residence by Danube

About 427, Elz Residence by Danube

427 is a studio of 392 sqft on the 4th floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. The developer sold it on 10 February 2019 for AED 404,000, or AED 1,030 per sqft, 5% above the AED 984 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 15 September 2024, is AED 33,000 a year: a gross yield of 8.2% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 427 over time

Sales
Unit 427, 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, February 2019: AED 404,000 (AED 1,030 per sqft)

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

Rents
Unit 427, 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 29,000 a yearNew contract, September 2023: AED 29,000 a yearRenewal, September 2024: AED 33,000 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 427 sits

All 214 studios →

427 last sold in February 2019 at AED 1,030 per sqft, 5% above what studios in Elz Residence by Danube were fetching at the time (AED 984). 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. 427's AED 33,000 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

427, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 10 February 2019 for AED 404,000, or AED 1,030 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, from AED 29,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2019 price is 8.2%, 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 15 September 2024.

Questions about 427, Elz Residence by Danube

What did unit 427 last sell for?

AED 404,000 on 10 February 2019, sold by the developer: AED 1,030 per sqft for 392 sqft. It is the only registered sale of the unit.

What is the rent for unit 427?

AED 33,000 a year on the contract renewed on 15 September 2024. The previous contract, from September 2023, was AED 29,000; the unit has been rented since July 2022.

How big is unit 427?

392 sqft (36.4 sqm): a studio on the 4th floor of a 8-storey tower completed in 2022.

What is unit 427 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.

Selling 427? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 427, Elz Residence by Danube

Starts from the last sale price (AED 404K, 10 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 404,000
Deposit, UAE resident (20%)
AED 80,800
Deposit, non-resident (40%)
AED 161,600
Monthly over 25 years at 3.7%
AED 1,653

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