Studio · 393 sqftElz Residence by Danube, Arjan · 5th floor · completed 2022

508, Elz Residence by Danube

Sold prices and rental history: sold 4 times, last in July 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 25 October 2026
Last soldAED 490K29 July 2025
Current rentAED 46K /yr25 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Elz Residence by Danube

What is 508 worth today?

Last sold for AED 490,000 in 2025

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25 Oct 2026RentedRenewal
AED 46,000/yr12 months · AED 117 per sqft
25 Oct 2025RentedNew contract
AED 46,000/yr12 months · AED 117 per sqft
29 Jul 2025SoldReady
AED 490,000AED 1,247 per sqft
26 Nov 2024RentedRenewal
AED 33,750/yr6 months · AED 87 per sqft
26 Nov 2023RentedNew contract
AED 34,000/yr12 months · AED 88 per sqft
15 Dec 2022SoldReady
AED 385,000AED 980 per sqft
26 Nov 2022RentedNew contract
AED 32,000/yr12 months · AED 83 per sqft
4 Nov 2022SoldReady
AED 326,000AED 830 per sqft

Source: Dubai Land Department. Updated 25 October 2026.

Key facts

Type
Studio apartment
Size
393 sqft
Floor
5th of 8
Parking
B-135
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 490K · July 2025

About 508, Elz Residence by Danube

508 is a studio of 393 sqft on the 5th floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. It last sold on 29 July 2025 for AED 490,000, or AED 1,247 per sqft, 3% below the AED 1,288 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 25 October 2026, is AED 46,000 a year: a gross yield of 9.4% on the 2025 price, before the service charge of about AED 4,600 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical studio in Elz Residence by Danube
300K400K500K2018202120242027Typical 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 387,000 (AED 985 per sqft)Sold, November 2022: AED 326,000 (AED 830 per sqft)Sold, December 2022: AED 385,000 (AED 980 per sqft)Sold, July 2025: AED 490,000 (AED 1,247 per sqft)

508 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 508, 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, November 2022: AED 32,000 a yearNew contract, November 2023: AED 34,000 a yearRenewal, November 2024: AED 33,750 a yearNew contract, October 2025: AED 46,000 a yearRenewal, October 2026: AED 46,000 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 508 sits

All 214 studios →

508 last sold in July 2025 at AED 1,247 per sqft, 3% below what studios in Elz Residence by Danube were fetching at the time (AED 1,288). 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. 508's AED 46,000 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 5th floor

All 270 units in Elz Residence by Danube
Value
501StudioAED 550K · Jun 2025
502StudioAED 387K · Jan 2019
5032-bedAED 901K · Feb 2021
504StudioAED 410K · Sep 2023
505StudioAED 413K · Apr 2022
506StudioAED 379K · Mar 2019
5071-bedAED 800K · Apr 2025
1–7 of 33

508, Elz Residence by Danube in numbers

  • Sold 4 times: first on 21 April 2019 for AED 387,000, last on 29 July 2025 for AED 490,000 (AED 1,247 per sqft).
  • Rented since November 2022 on 5 Ejari contracts, from AED 32,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2025 price is 9.4%, 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 25 October 2026.

Questions about 508, Elz Residence by Danube

What did unit 508 last sell for?

AED 490,000 on 29 July 2025: AED 1,247 per sqft for 393 sqft. The unit has 4 registered sales; the first was AED 387,000 in April 2019.

What is the rent for unit 508?

AED 46,000 a year on the contract renewed on 25 October 2026. The previous contract, from October 2025, was AED 46,000; the unit has been rented since November 2022.

How big is unit 508?

393 sqft (36.5 sqm): a studio on the 5th floor of a 8-storey tower completed in 2022.

What is unit 508 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 508, Elz Residence by Danube

Starts from the last sale price (AED 490K, 29 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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