724, Elz Residence by Danube
Sold prices and rental history: sold once, by the developer in February 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 724, Elz Residence by Danube
What is 724 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 395 sqft
- Floor
- 7th of 8
- Parking
- G-90
- Developer
- Danube Properties Development
- Completed
- 2022
- Service charge
- AED 4,600 /yr
- Last sold
- AED 400K · February 2019
- Building
- Elz Residence by Danube
About 724, Elz Residence by Danube
724 is a studio of 395 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 13 February 2019 for AED 399,750, or AED 1,011 per sqft, in line with the AED 985 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 38,115 a year: a gross yield of 9.5% on the 2019 price, before the service charge of about AED 4,600 a year.
Sales and rents for 724 over time
724 has sold once; the dashed line is the studio median of each year in the building.
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 724 sits
All 214 studios →724 last sold in February 2019 at AED 1,011 per sqft, in line with what studios in Elz Residence by Danube were fetching at the time (AED 985). 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. 724's AED 38,115 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 393 sqft | 500,000 | 1,272 | ||
| 12 Aug 202612 August 2026 | 397 sqft | 493,000 | 1,242 | ||
| 8 Jun 20268 June 2026 | 425 sqft | 450,000 | 1,058 | ||
| 15 May 202615 May 2026 | 393 sqft | 490,000 | 1,247 |
Elz Residence by Danube
Building270 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%
Other units on the 7th floor
All 270 units in Elz Residence by Danube| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | Studio | 393 sqft | AED 393KAED 393,000 · Jul 2019July 2019 | 40,000 /yr | |
| 702 | Studio | 393 sqft | AED 290KAED 290,000 · Nov 2022November 2022 | 52,000 /yr | |
| 703 | 2-bed | 1,148 sqft | AED 966KAED 966,120 · Apr 2019April 2019 | 80,000 /yr | |
| 704 | Studio | 393 sqft | AED 530KAED 530,000 · Dec 2025December 2025 | 40,000 /yr | |
| 705 | Studio | 392 sqft | AED 540KAED 540,000 · Nov 2025November 2025 | 39,367 /yr | |
| 706 | Studio | 393 sqft | AED 381KAED 381,210 · Mar 2019March 2019 | 42,000 /yr | |
| 707 | 1-bed | 689 sqft | AED 750KAED 750,000 · Oct 2024October 2024 | 66,000 /yr | |
| 708 | Studio | 393 sqft | AED 385KAED 385,140 · Apr 2019April 2019 | 34,100 /yr | |
| 709 | Studio | 393 sqft | AED 388KAED 388,000 · May 2019May 2019 | 40,000 /yr | |
| 710 | Studio | 393 sqft | AED 385KAED 385,140 · Apr 2019April 2019 | 41,000 /yr | |
| 711 | Studio | 393 sqft | AED 390KAED 390,000 · May 2019May 2019 | 35,650 /yr | |
| 712 | Studio | 393 sqft | AED 385KAED 385,140 · Apr 2019April 2019 | 39,000 /yr | |
| 713 | 1-bed | 692 sqft | AED 647KAED 647,050 · Sep 2019September 2019 | 71,000 /yr | |
| 714 | 1-bed | 692 sqft | AED 800KAED 800,000 · Jan 2026January 2026 | 65,000 /yr | |
| 715 | Studio | 391 sqft | AED 413KAED 413,000 · May 2019May 2019 | 42,000 /yr | |
| 716 | Studio | 396 sqft | AED 413KAED 413,000 · Mar 2019March 2019 | 41,000 /yr | |
| 717 | Studio | 396 sqft | AED 420KAED 420,000 · Aug 2019August 2019 | 45,000 /yr | |
| 718 | Studio | 391 sqft | AED 413KAED 413,000 · Apr 2019April 2019 | 40,000 /yr | |
| 719 | 1-bed | 689 sqft | AED 686KAED 686,400 · May 2022May 2022 | 73,000 /yr | |
| 720 | 1-bed | 683 sqft | AED 655KAED 654,720 · Mar 2021March 2021 | 45,000 /yr | |
| 721 | Studio | 425 sqft | AED 420KAED 420,000 · Jul 2019July 2019 | 40,000 /yr | |
| 722 | Studio | 393 sqft | AED 450KAED 450,000 · Feb 2024February 2024 | 32,000 /yr | |
| 723 | Studio | 393 sqft | AED 402KAED 402,000 · Feb 2019February 2019 | 40,000 /yr | |
| 725 | Studio | 393 sqft | AED 395KAED 394,800 · Jul 2019July 2019 | 40,000 /yr | |
| 726 | Studio | 391 sqft | AED 403KAED 403,200 · Sep 2019September 2019 | 38,000 /yr | |
| 727 | Studio | 394 sqft | AED 410KAED 410,000 · Apr 2019April 2019 | 42,000 /yr | |
| 728 | Studio | 393 sqft | AED 365KAED 365,000 · May 2023May 2023 | ||
| 729 | Studio | 391 sqft | AED 393KAED 393,000 · May 2019May 2019 | 48,000 /yr | |
| 730 | Studio | 391 sqft | AED 385KAED 385,140 · Feb 2020February 2020 | 35,420 /yr | |
| 731 | Studio | 392 sqft | AED 393KAED 393,000 · May 2019May 2019 | 48,000 /yr | |
| 732 | 1-bed | 688 sqft | AED 674KAED 674,000 · Dec 2022December 2022 | 80,000 /yr | |
| 733 | Studio | 393 sqft | AED 393KAED 393,000 · Apr 2019April 2019 | 43,000 /yr | |
| 734 | Studio | 391 sqft | AED 385KAED 385,140 · May 2019May 2019 | 48,000 /yr |
724, Elz Residence by Danube in numbers
- Sold once: by Danube Properties Development on 13 February 2019 for AED 399,750, or AED 1,011 per sqft.
- Rented since November 2022 on 4 Ejari contracts, from AED 30,000 to AED 38,115 a year.
- At AED 38,115 a year the gross yield on the 2019 price is 9.5%, 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 November 2025.
Questions about 724, Elz Residence by Danube
What did unit 724 last sell for?
AED 399,750 on 13 February 2019, sold by the developer: AED 1,011 per sqft for 395 sqft. It is the only registered sale of the unit.
What is the rent for unit 724?
AED 38,115 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 36,300; the unit has been rented since November 2022.
How big is unit 724?
395 sqft (36.7 sqm): a studio on the 7th floor of a 8-storey tower completed in 2022.
What is unit 724 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 724, Elz Residence by Danube
Starts from the last sale price (AED 400K, 13 February 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 399,750
- Deposit, UAE resident (20%)
- AED 79,950
- Deposit, non-resident (40%)
- AED 159,900
- Monthly over 25 years at 3.7%
- AED 1,636
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →