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Studio · 390 sqftElz Residence by Danube, Arjan · 5th floor · completed 2022

515, Elz Residence by Danube

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

Unit 515 · DLD and Ejari recordsUpdated 10 March 2026
Last soldAED 410K14 July 2019
Current rentAED 40K /yr10 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 515, Elz Residence by Danube

What is 515 worth today?

Last sold for AED 410,000 in 2019

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10 Mar 2026RentedRenewal
AED 40,000/yr12 months · AED 103 per sqft
10 Mar 2025RentedRenewal
AED 40,000/yr12 months · AED 103 per sqft
10 Mar 2024RentedRenewal
AED 35,000/yr12 months · AED 90 per sqft
10 Mar 2023RentedNew contract
AED 35,000/yr12 months · AED 90 per sqft
14 Jul 2019Sold by developerOff-plan
AED 410,000AED 1,050 per sqft

Source: Dubai Land Department. Updated 10 March 2026.

Key facts

Type
Studio apartment
Size
390 sqft
Floor
5th of 8
Parking
B-140
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,500 /yr
Last sold
AED 410K · July 2019
Building
Elz Residence by Danube

About 515, Elz Residence by Danube

515 is a studio of 390 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 14 July 2019 for AED 410,000, or AED 1,050 per sqft, 7% above the AED 985 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 10 March 2026, is AED 40,000 a year: a gross yield of 9.8% on the 2019 price, before the service charge of about AED 4,500 a year.

Sales and rents for 515 over time

Sales
Unit 515, 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, July 2019: AED 410,000 (AED 1,050 per sqft)

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

Rents
Unit 515, 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, March 2023: AED 35,000 a yearRenewal, March 2024: AED 35,000 a yearRenewal, March 2025: AED 40,000 a yearRenewal, March 2026: AED 40,000 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 515 sits

All 214 studios →

515 last sold in July 2019 at AED 1,050 per sqft, 7% above what studios in Elz Residence by Danube were fetching at the time (AED 985). 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. 515's AED 40,000 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

515, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 14 July 2019 for AED 410,000, or AED 1,050 per sqft.
  • Rented since March 2023 on 4 Ejari contracts, from AED 35,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2019 price is 9.8%, before a service charge of about AED 4,500 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 10 March 2026.

Questions about 515, Elz Residence by Danube

What did unit 515 last sell for?

AED 410,000 on 14 July 2019, sold by the developer: AED 1,050 per sqft for 390 sqft. It is the only registered sale of the unit.

What is the rent for unit 515?

AED 40,000 a year on the contract renewed on 10 March 2026. The previous contract, from March 2025, was AED 40,000; the unit has been rented since March 2023.

How big is unit 515?

390 sqft (36.2 sqm): a studio on the 5th floor of a 8-storey tower completed in 2022.

What is unit 515 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 515, Elz Residence by Danube

Starts from the last sale price (AED 410K, 14 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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