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Studio · 393 sqftElz Residence by Danube, Arjan · 8th floor · completed 2022

804, Elz Residence by Danube

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

Unit 804 · DLD and Ejari recordsUpdated 30 December 2023
Last soldAED 391K11 July 2019
Current rentAED 34K /yr30 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 804, Elz Residence by Danube

What is 804 worth today?

Last sold for AED 391,000 in 2019

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30 Dec 2023RentedRenewal
AED 33,909/yr12 months · AED 88 per sqft
29 Dec 2022RentedNew contract
AED 31,829/yr12 months · AED 82 per sqft
11 Jul 2019Sold by developerOff-plan
AED 391,000AED 996 per sqft

Source: Dubai Land Department. Updated 30 December 2023.

Key facts

Type
Studio apartment
Size
393 sqft
Floor
8th of 8
Parking
G-19
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 391K · July 2019
Building
Elz Residence by Danube

About 804, Elz Residence by Danube

804 is a studio of 393 sqft on the 8th floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. The developer sold it on 11 July 2019 for AED 391,000, or AED 996 per sqft, in line with the AED 985 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 30 December 2023, is AED 33,909 a year: a gross yield of 8.7% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 804 over time

Sales
Unit 804, 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, July 2019: AED 391,000 (AED 996 per sqft)

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

Rents
Unit 804, 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, December 2022: AED 31,829 a yearRenewal, December 2023: AED 33,909 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 804 sits

All 214 studios →

804 last sold in July 2019 at AED 996 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. 804's AED 33,909 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
802StudioAED 450K · Sep 2023
8032-bedAED 1.1M · Nov 2023
805StudioAED 391K · Jul 2019
806StudioAED 403K · Jul 2019
8071-bedAED 631K · Feb 2021
808StudioAED 435K · Mar 2024
1–7 of 33

804, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 11 July 2019 for AED 391,000, or AED 996 per sqft.
  • Rented since December 2022 on 2 Ejari contracts, from AED 31,829 to AED 33,909 a year.
  • At AED 33,909 a year the gross yield on the 2019 price is 8.7%, 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 December 2023.

Questions about 804, Elz Residence by Danube

What did unit 804 last sell for?

AED 391,000 on 11 July 2019, sold by the developer: AED 996 per sqft for 393 sqft. It is the only registered sale of the unit.

What is the rent for unit 804?

AED 33,909 a year on the contract renewed on 30 December 2023. The previous contract, from December 2022, was AED 31,829.

How big is unit 804?

393 sqft (36.5 sqm): a studio on the 8th floor of a 8-storey tower completed in 2022.

What is unit 804 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 804, Elz Residence by Danube

Starts from the last sale price (AED 391K, 11 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 391,000
Deposit, UAE resident (20%)
AED 78,200
Deposit, non-resident (40%)
AED 156,400
Monthly over 25 years at 3.7%
AED 1,600

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