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Studio · 392 sqftElz Residence by Danube, Arjan · 8th floor · completed 2022

802, Elz Residence by Danube

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

Unit 802 · DLD and Ejari recordsUpdated 29 December 2024
Last soldAED 450K28 September 2023
Current rentAED 42K /yr29 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 802, Elz Residence by Danube

What is 802 worth today?

Last sold for AED 450,000 in 2023

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29 Dec 2024RentedRenewal
AED 42,000/yr12 months · AED 108 per sqft
29 Dec 2023RentedNew contract
AED 40,000/yr12 months · AED 102 per sqft
28 Sep 2023SoldReady
AED 450,000AED 1,147 per sqft
10 Aug 2022RentedNew contract
AED 42,000/yr12 months · AED 107 per sqft
5 May 2019Sold by developerOff-plan
AED 388,080AED 989 per sqft

Source: Dubai Land Department. Updated 29 December 2024.

Key facts

Type
Studio apartment
Size
392 sqft
Floor
8th of 8
Parking
G-18
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 450K · September 2023
Building
Elz Residence by Danube

About 802, Elz Residence by Danube

802 is a studio of 392 sqft on the 8th floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. It last sold on 28 September 2023 for AED 450,000, or AED 1,147 per sqft, 15% above the AED 999 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 29 December 2024, is AED 42,000 a year: a gross yield of 9.3% on the 2023 price, before the service charge of about AED 4,600 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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, May 2019: AED 388,080 (AED 989 per sqft)Sold, September 2023: AED 450,000 (AED 1,147 per sqft)

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

Rents
Unit 802, 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, August 2022: AED 42,000 a yearNew contract, December 2023: AED 40,000 a yearRenewal, December 2024: 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 802 sits

All 214 studios →

802 last sold in September 2023 at AED 1,147 per sqft, 15% above what studios in Elz Residence by Danube were fetching at the time (AED 999). 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. 802'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 8th floor

All 270 units in Elz Residence by Danube
Value
801StudioAED 480K · Aug 2024
8032-bedAED 1.1M · Nov 2023
804StudioAED 391K · Jul 2019
805StudioAED 391K · Jul 2019
806StudioAED 403K · Jul 2019
8071-bedAED 631K · Feb 2021
808StudioAED 435K · Mar 2024
1–7 of 33

802, Elz Residence by Danube in numbers

  • Sold twice: first on 5 May 2019 for AED 388,080, last on 28 September 2023 for AED 450,000 (AED 1,147 per sqft).
  • Rented since August 2022 on 3 Ejari contracts, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 9.3%, 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 29 December 2024.

Questions about 802, Elz Residence by Danube

What did unit 802 last sell for?

AED 450,000 on 28 September 2023: AED 1,147 per sqft for 392 sqft. The unit has 2 registered sales; the first was AED 388,080 in May 2019.

What is the rent for unit 802?

AED 42,000 a year on the contract renewed on 29 December 2024. The previous contract, from December 2023, was AED 40,000; the unit has been rented since August 2022.

How big is unit 802?

392 sqft (36.4 sqm): a studio on the 8th floor of a 8-storey tower completed in 2022.

What is unit 802 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 802, Elz Residence by Danube

Starts from the last sale price (AED 450K, 28 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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