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

806, 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 806 · DLD and Ejari recordsUpdated 25 October 2023
Last soldAED 403K23 July 2019
Current rentAED 40K /yr25 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 806, Elz Residence by Danube

What is 806 worth today?

Last sold for AED 403,200 in 2019

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25 Oct 2023RentedNew contract
AED 40,000/yr12 months · AED 103 per sqft
25 Oct 2022RentedNew contract
AED 32,000/yr12 months · AED 83 per sqft
23 Jul 2019Sold by developerOff-plan
AED 403,200AED 1,027 per sqft

Source: Dubai Land Department. Updated 25 October 2023.

Key facts

Type
Studio apartment
Size
393 sqft
Floor
8th of 8
Parking
G-21
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 403K · July 2019
Building
Elz Residence by Danube

About 806, Elz Residence by Danube

806 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 23 July 2019 for AED 403,200, or AED 1,027 per sqft, 4% above the AED 987 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 25 October 2023, is AED 40,000 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 806 over time

Sales
Unit 806, 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 403,200 (AED 1,027 per sqft)

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

Rents
Unit 806, 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, October 2022: AED 32,000 a yearNew contract, October 2023: AED 40,000 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 806 sits

All 214 studios →

806 last sold in July 2019 at AED 1,027 per sqft, 4% above what studios in Elz Residence by Danube were fetching at the time (AED 987). 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. 806's AED 40,000 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
802StudioAED 450K · Sep 2023
8032-bedAED 1.1M · Nov 2023
804StudioAED 391K · Jul 2019
805StudioAED 391K · Jul 2019
8071-bedAED 631K · Feb 2021
808StudioAED 435K · Mar 2024
1–7 of 33

806, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 23 July 2019 for AED 403,200, or AED 1,027 per sqft.
  • Rented since October 2022 on 2 Ejari contracts, from AED 32,000 to AED 40,000 a year.
  • At AED 40,000 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 25 October 2023.

Questions about 806, Elz Residence by Danube

What did unit 806 last sell for?

AED 403,200 on 23 July 2019, sold by the developer: AED 1,027 per sqft for 393 sqft. It is the only registered sale of the unit.

What is the rent for unit 806?

AED 40,000 a year on the contract signed on 25 October 2023. The previous contract, from October 2022, was AED 32,000.

How big is unit 806?

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

What is unit 806 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 806, Elz Residence by Danube

Starts from the last sale price (AED 403K, 23 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 403,200
Deposit, UAE resident (20%)
AED 80,640
Deposit, non-resident (40%)
AED 161,280
Monthly over 25 years at 3.7%
AED 1,650

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