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Studio · 396 sqftElz Residence by Danube, Arjan · 7th floor · completed 2022

716, Elz Residence by Danube

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

Unit 716 · DLD and Ejari recordsUpdated 30 May 2026
Last soldAED 413K25 March 2019
Current rentAED 41K /yr30 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 716, Elz Residence by Danube

What is 716 worth today?

Last sold for AED 413,000 in 2019

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30 May 2026RentedNew contract
AED 41,000/yr12 months · AED 104 per sqft
15 Aug 2023RentedNew contract
AED 36,000/yr12 months · AED 90 per sqft
21 Jul 2022RentedNew contract
AED 29,000/yr12 months · AED 73 per sqft
25 Mar 2019Sold by developerOff-plan
AED 413,000AED 1,042 per sqft

Source: Dubai Land Department. Updated 30 May 2026.

Key facts

Type
Studio apartment
Size
396 sqft
Floor
7th of 8
Parking
G-84
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 413K · March 2019
Building
Elz Residence by Danube

About 716, Elz Residence by Danube

716 is a studio of 396 sqft on the 7th floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. The developer sold it on 25 March 2019 for AED 413,000, or AED 1,042 per sqft, 7% above the AED 978 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 30 May 2026, is AED 41,000 a year: a gross yield of 9.9% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 716 over time

Sales
Unit 716, 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 413,000 (AED 1,042 per sqft)

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

Rents
Unit 716, 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, July 2022: AED 29,000 a yearNew contract, August 2023: AED 36,000 a yearNew contract, May 2026: AED 41,000 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 716 sits

All 214 studios →

716 last sold in March 2019 at AED 1,042 per sqft, 7% above what studios in Elz Residence by Danube were fetching at the time (AED 978). 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. 716's AED 41,000 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 7th floor

All 270 units in Elz Residence by Danube
Value
701StudioAED 393K · Jul 2019
702StudioAED 290K · Nov 2022
7032-bedAED 966K · Apr 2019
704StudioAED 530K · Dec 2025
705StudioAED 540K · Nov 2025
706StudioAED 381K · Mar 2019
7071-bedAED 750K · Oct 2024
1–7 of 33

716, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 25 March 2019 for AED 413,000, or AED 1,042 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, from AED 29,000 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2019 price is 9.9%, 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 30 May 2026.

Questions about 716, Elz Residence by Danube

What did unit 716 last sell for?

AED 413,000 on 25 March 2019, sold by the developer: AED 1,042 per sqft for 396 sqft. It is the only registered sale of the unit.

What is the rent for unit 716?

AED 41,000 a year on the contract signed on 30 May 2026. The previous contract, from August 2023, was AED 36,000; the unit has been rented since July 2022.

How big is unit 716?

396 sqft (36.8 sqm): a studio on the 7th floor of a 8-storey tower completed in 2022.

What is unit 716 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 716, Elz Residence by Danube

Starts from the last sale price (AED 413K, 25 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 413,000
Deposit, UAE resident (20%)
AED 82,600
Deposit, non-resident (40%)
AED 165,200
Monthly over 25 years at 3.7%
AED 1,690

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