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

509, Elz Residence by Danube

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

Unit 509 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 387K16 January 2019
Current rentAED 15K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 509, Elz Residence by Danube

What is 509 worth today?

Last sold for AED 387,000 in 2019

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1 Jul 2026RentedNew contract
AED 15,000/yr60 months · AED 38 per sqft
15 Apr 2025RentedNew contract
AED 68,000/yr12 months · AED 173 per sqft
5 Jan 2024RentedRenewal
AED 48,000/yr12 months · AED 122 per sqft
5 Jan 2023RentedNew contract
AED 40,000/yr12 months · AED 102 per sqft
16 Jan 2019Sold by developerOff-plan
AED 387,000AED 985 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
393 sqft
Floor
5th of 8
Parking
B-136
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 387K · January 2019
Building
Elz Residence by Danube

About 509, Elz Residence by Danube

509 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. The developer sold it on 16 January 2019 for AED 387,000, or AED 985 per sqft, in line with the AED 982 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 1 July 2026, is AED 15,000 a year: a gross yield of 3.9% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, January 2019: AED 387,000 (AED 985 per sqft)

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

Rents
Unit 509, each contractTypical studio in Elz Residence by Danube
25K50K75K202220242026Typical 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 40,000 a yearRenewal, January 2024: AED 48,000 a yearNew contract, April 2025: AED 68,000 a yearNew contract, July 2026: AED 15,000 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 509 sits

All 214 studios →

509 last sold in January 2019 at AED 985 per sqft, in line with what studios in Elz Residence by Danube were fetching at the time (AED 982). 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. 509's AED 15,000 is at the bottom 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

509, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 16 January 2019 for AED 387,000, or AED 985 per sqft.
  • Rented since January 2023 on 4 Ejari contracts, from AED 40,000 to AED 15,000 a year.
  • At AED 15,000 a year the gross yield on the 2019 price is 3.9%, 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 July 2026.

Questions about 509, Elz Residence by Danube

What did unit 509 last sell for?

AED 387,000 on 16 January 2019, sold by the developer: AED 985 per sqft for 393 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 15,000 a year on the contract signed on 1 July 2026. The previous contract, from April 2025, was AED 68,000; the unit has been rented since January 2023.

How big is unit 509?

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

What is unit 509 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 509, Elz Residence by Danube

Starts from the last sale price (AED 387K, 16 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 387,000
Deposit, UAE resident (20%)
AED 77,400
Deposit, non-resident (40%)
AED 154,800
Monthly over 25 years at 3.7%
AED 1,583

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