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Studio · 391 sqftElz Residence by Danube, Arjan · 4th floor · completed 2022

429, Elz Residence by Danube

Sold prices and rental history: sold once, by the developer in April 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 429 · DLD and Ejari recordsUpdated 2 June 2025
Last soldAED 390K17 April 2019
Current rentAED 45K /yr2 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 429, Elz Residence by Danube

What is 429 worth today?

Last sold for AED 390,000 in 2019

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2 Jun 2025RentedNew contract
AED 45,000/yr12 months · AED 116 per sqft
25 Jan 2024RentedRenewal
AED 34,650/yr12 months · AED 89 per sqft
25 Jan 2023RentedNew contract
AED 33,000/yr12 months · AED 85 per sqft
17 Apr 2019Sold by developerOff-plan
AED 390,000AED 996 per sqft

Source: Dubai Land Department. Updated 2 June 2025.

Key facts

Type
Studio apartment
Size
391 sqft
Floor
4th of 8
Parking
B-57
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 390K · April 2019
Building
Elz Residence by Danube

About 429, Elz Residence by Danube

429 is a studio of 391 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 17 April 2019 for AED 390,000, or AED 996 per sqft, in line with the AED 978 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 2 June 2025, is AED 45,000 a year: a gross yield of 11.5% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 429 over time

Sales
Unit 429, 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 390,000 (AED 996 per sqft)

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

Rents
Unit 429, 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, January 2023: AED 33,000 a yearRenewal, January 2024: AED 34,650 a yearNew contract, June 2025: AED 45,000 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 429 sits

All 214 studios →

429 last sold in April 2019 at AED 996 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. 429's AED 45,000 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

429, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 17 April 2019 for AED 390,000, or AED 996 per sqft.
  • Rented since January 2023 on 3 Ejari contracts, from AED 33,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2019 price is 11.5%, 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 2 June 2025.

Questions about 429, Elz Residence by Danube

What did unit 429 last sell for?

AED 390,000 on 17 April 2019, sold by the developer: AED 996 per sqft for 391 sqft. It is the only registered sale of the unit.

What is the rent for unit 429?

AED 45,000 a year on the contract signed on 2 June 2025. The previous contract, from January 2024, was AED 34,650; the unit has been rented since January 2023.

How big is unit 429?

391 sqft (36.3 sqm): a studio on the 4th floor of a 8-storey tower completed in 2022.

What is unit 429 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 429, Elz Residence by Danube

Starts from the last sale price (AED 390K, 17 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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