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Studio · 395 sqftElz Residence by Danube, Arjan · 5th floor · completed 2022

523, Elz Residence by Danube

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

Unit 523 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 399K4 March 2019
Current rentAED 45K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 523, Elz Residence by Danube

What is 523 worth today?

Last sold for AED 398,860 in 2019

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1 Sep 2025RentedNew contract
AED 45,000/yr12 months · AED 114 per sqft
5 Sep 2024RentedNew contract
AED 39,900/yr12 months · AED 101 per sqft
5 Sep 2023RentedNew contract
AED 38,000/yr12 months · AED 95 per sqft
1 Sep 2022RentedNew contract
AED 28,000/yr12 months · AED 70 per sqft
4 Mar 2019Sold by developerOff-plan
AED 398,860AED 1,009 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
Studio apartment
Size
395 sqft
Floor
5th of 8
Parking
B-146
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 399K · March 2019
Building
Elz Residence by Danube

About 523, Elz Residence by Danube

523 is a studio of 395 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 4 March 2019 for AED 398,860, or AED 1,009 per sqft, in line with the AED 987 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 September 2025, is AED 45,000 a year: a gross yield of 11.3% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 523 over time

Sales
Unit 523, 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, March 2019: AED 398,860 (AED 1,009 per sqft)

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

Rents
Unit 523, 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, September 2022: AED 28,000 a yearNew contract, September 2023: AED 38,000 a yearNew contract, September 2024: AED 39,900 a yearNew contract, September 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 523 sits

All 214 studios →

523 last sold in March 2019 at AED 1,009 per sqft, in line with what studios in Elz Residence by Danube were fetching at the time (AED 987). 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. 523'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 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

523, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 4 March 2019 for AED 398,860, or AED 1,009 per sqft.
  • Rented since September 2022 on 4 Ejari contracts, from AED 28,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2019 price is 11.3%, 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 September 2025.

Questions about 523, Elz Residence by Danube

What did unit 523 last sell for?

AED 398,860 on 4 March 2019, sold by the developer: AED 1,009 per sqft for 395 sqft. It is the only registered sale of the unit.

What is the rent for unit 523?

AED 45,000 a year on the contract signed on 1 September 2025. The previous contract, from September 2024, was AED 39,900; the unit has been rented since September 2022.

How big is unit 523?

395 sqft (36.7 sqm): a studio on the 5th floor of a 8-storey tower completed in 2022.

What is unit 523 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 523, Elz Residence by Danube

Starts from the last sale price (AED 399K, 4 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 398,860
Deposit, UAE resident (20%)
AED 79,772
Deposit, non-resident (40%)
AED 159,544
Monthly over 25 years at 3.7%
AED 1,632

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