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Studio · 394 sqftElz Residence by Danube, Arjan · 6th floor · completed 2022

623, Elz Residence by Danube

Sold prices and rental history: sold twice, last in August 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 623 · DLD and Ejari recordsUpdated 25 October 2025
Last soldAED 200K3 August 2023
Current rentAED 42K /yr25 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 623, Elz Residence by Danube

What is 623 worth today?

Last sold for AED 200,000 in 2023

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25 Oct 2025RentedRenewal
AED 42,000/yr12 months · AED 107 per sqft
25 Oct 2024RentedRenewal
AED 42,000/yr12 months · AED 107 per sqft
3 Aug 2023SoldReady
AED 200,000AED 507 per sqft
14 Mar 2019Sold by developerOff-plan
AED 405,000AED 1,027 per sqft

Source: Dubai Land Department. Updated 25 October 2025.

Key facts

Type
Studio apartment
Size
394 sqft
Floor
6th of 8
Parking
G-114
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 200K · August 2023
Building
Elz Residence by Danube

About 623, Elz Residence by Danube

623 is a studio of 394 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 3 August 2023 for AED 200,000, or AED 507 per sqft, 46% below the AED 934 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 25 October 2025, is AED 42,000 a year: a gross yield of 21.0% on the 2023 price, before the service charge of about AED 4,600 a year.

Sales and rents for 623 over time

Sales
Unit 623, each saleTypical studio in Elz Residence by Danube
200K400K2018202120242027Typical 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 405,000 (AED 1,027 per sqft)Sold, August 2023: AED 200,000 (AED 507 per sqft)

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

Rents
Unit 623, 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 42,000Renewal, October 2024: AED 42,000 a yearRenewal, October 2025: AED 42,000 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 623 sits

All 214 studios →

623 last sold in August 2023 at AED 507 per sqft, 46% below what studios in Elz Residence by Danube were fetching at the time (AED 934). 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. 623's AED 42,000 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 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

623, Elz Residence by Danube in numbers

  • Sold twice: first on 14 March 2019 for AED 405,000, last on 3 August 2023 for AED 200,000 (AED 507 per sqft).
  • Rented since October 2024 on 2 Ejari contracts, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 21.0%, 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 25 October 2025.

Questions about 623, Elz Residence by Danube

What did unit 623 last sell for?

AED 200,000 on 3 August 2023: AED 507 per sqft for 394 sqft. The unit has 2 registered sales; the first was AED 405,000 in March 2019.

What is the rent for unit 623?

AED 42,000 a year on the contract renewed on 25 October 2025. The previous contract, from October 2024, was AED 42,000.

How big is unit 623?

394 sqft (36.6 sqm): a studio on the 6th floor of a 8-storey tower completed in 2022.

What is unit 623 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 623, Elz Residence by Danube

Starts from the last sale price (AED 200K, 3 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 200,000
Deposit, UAE resident (20%)
AED 40,000
Deposit, non-resident (40%)
AED 80,000
Monthly over 25 years at 3.7%
AED 818

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