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2-bed · 1,149 sqftElz Residence by Danube, Arjan · 6th floor · completed 2022

603, Elz Residence by Danube

Sold prices and rental history: sold twice, last in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 2 June 2023
Last soldAED 538K2 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 603, Elz Residence by Danube

What is 603 worth today?

Last sold for AED 537,500 in 2023

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2 Jun 2023SoldReady
AED 537,500AED 467 per sqft
11 Mar 2019Sold by developerOff-plan
AED 993,000AED 864 per sqft

Source: Dubai Land Department. Updated 2 June 2023.

Key facts

Type
2-bed apartment
Size
1,149 sqft
Floor
6th of 8
Parking
G-44
Developer
Danube Properties Development
Completed
2022
Service charge
AED 13,400 /yr
Last sold
AED 538K · June 2023
Building
Elz Residence by Danube

About 603, Elz Residence by Danube

603 is a two-bedroom apartment of 1,149 sqft on the 6th floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. It last sold on 2 June 2023 for AED 537,500, or AED 467 per sqft, 42% below the AED 799 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical two-bed in Elz Residence by Danube
500K750K1M201920212023Typical sale price by year: 2022 AED 920,228; 2023 AED 1,080,000Sold by developer, March 2019: AED 993,000 (AED 864 per sqft)Sold, June 2023: AED 537,500 (AED 467 per sqft)

603 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Elz Residence by Danube, and where 603 sits

All 8 2-beds →

603 last sold in June 2023 at AED 467 per sqft, 42% below what two-beds in Elz Residence by Danube were fetching at the time (AED 799). Over the last 12 months two-beds sold for AED 1,285,000, around AED 1,119 per sqft, and rent for AED 80,000 to 80,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jun 20261,285,000
23 Jul 20241,180,000
9 May 20241,000,000
16 Nov 20231,100,000
1 2-bed sale 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 6th floor

All 270 units in Elz Residence by Danube
Value
601StudioAED 390K · Dec 2021
602StudioAED 346K · Mar 2019
604StudioAED 346K · Mar 2019
605StudioAED 375K · Jun 2023
606StudioAED 360K · Jun 2022
6071-bedAED 590K · Apr 2021
608StudioAED 346K · Mar 2019
1–7 of 33

603, Elz Residence by Danube in numbers

  • Sold twice: first on 11 March 2019 for AED 993,000, last on 2 June 2023 for AED 537,500 (AED 467 per sqft).
  • Two-beds in Elz Residence by Danube sold for AED 1,285,000–1,285,000 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 2023.

Questions about 603, Elz Residence by Danube

What did unit 603 last sell for?

AED 537,500 on 2 June 2023: AED 467 per sqft for 1,149 sqft. The unit has 2 registered sales; the first was AED 993,000 in March 2019.

How big is unit 603?

1,149 sqft (106.7 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2022.

What is unit 603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elz Residence by Danube sold for AED 1,285,000 to 1,285,000 in the last 12 months, around AED 1,119 per sqft.

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Mortgage on 603, Elz Residence by Danube

Starts from the last sale price (AED 538K, 2 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 537,500
Deposit, UAE resident (20%)
AED 107,500
Deposit, non-resident (40%)
AED 215,000
Monthly over 25 years at 3.7%
AED 2,199

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