Studio · 396 sqftElz Residence by Danube, Arjan · 6th floor · completed 2022

616, Elz Residence by Danube

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 5 April 2026
Last soldAED 370K19 December 2022
Current rentAED 48K /yr5 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Elz Residence by Danube

What is 616 worth today?

Last sold for AED 370,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Apr 2026RentedRenewal
AED 48,400/yr12 months · AED 122 per sqft
5 Apr 2025RentedRenewal
AED 48,400/yr12 months · AED 122 per sqft
5 Apr 2025RentedRenewal
AED 48,400/yr12 months · AED 122 per sqft
5 Apr 2024RentedNew contract
AED 44,000/yr12 months · AED 111 per sqft
5 Mar 2023RentedNew contract
AED 35,000/yr12 months · AED 88 per sqft
19 Dec 2022SoldReady
AED 370,000AED 934 per sqft
22 Apr 2019Sold by developerOff-plan
AED 410,000AED 1,035 per sqft

Source: Dubai Land Department. Updated 5 April 2026.

Key facts

Type
Studio apartment
Size
396 sqft
Floor
6th of 8
Parking
G-109
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 370K · December 2022

About 616, Elz Residence by Danube

616 is a studio of 396 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 19 December 2022 for AED 370,000, or AED 934 per sqft, in line with the AED 958 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 5 April 2026, is AED 48,400 a year: a gross yield of 13.1% on the 2022 price, before the service charge of about AED 4,600 a year.

Sales and rents for 616 over time

Sales
Unit 616, 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, April 2019: AED 410,000 (AED 1,035 per sqft)Sold, December 2022: AED 370,000 (AED 934 per sqft)

616 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 616, each contractTypical studio in Elz Residence by Danube
30K40K50K202220242026Typical 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 yearNew contract, April 2024: AED 44,000 a yearRenewal, April 2025: AED 48,400 a yearRenewal, April 2025: AED 48,400 a yearRenewal, April 2026: AED 48,400 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 616 sits

All 214 studios →

616 last sold in December 2022 at AED 934 per sqft, in line with what studios in Elz Residence by Danube were fetching at the time (AED 958). 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. 616's AED 48,400 is in the upper 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 6th floor

All 270 units in Elz Residence by Danube
Value
601StudioAED 390K · Dec 2021
602StudioAED 346K · Mar 2019
6032-bedAED 538K · Jun 2023
604StudioAED 346K · Mar 2019
605StudioAED 375K · Jun 2023
606StudioAED 360K · Jun 2022
6071-bedAED 590K · Apr 2021
1–7 of 33

616, Elz Residence by Danube in numbers

  • Sold twice: first on 22 April 2019 for AED 410,000, last on 19 December 2022 for AED 370,000 (AED 934 per sqft).
  • Rented since March 2023 on 5 Ejari contracts, from AED 35,000 to AED 48,400 a year.
  • At AED 48,400 a year the gross yield on the 2022 price is 13.1%, 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 5 April 2026.

Questions about 616, Elz Residence by Danube

What did unit 616 last sell for?

AED 370,000 on 19 December 2022: AED 934 per sqft for 396 sqft. The unit has 2 registered sales; the first was AED 410,000 in April 2019.

What is the rent for unit 616?

AED 48,400 a year on the contract renewed on 5 April 2026. The previous contract, from April 2025, was AED 48,400; the unit has been rented since March 2023.

How big is unit 616?

396 sqft (36.8 sqm): a studio on the 6th floor of a 8-storey tower completed in 2022.

What is unit 616 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.

Selling 616? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 616, Elz Residence by Danube

Starts from the last sale price (AED 370K, 19 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

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