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Studio · 396 sqftElz Residence by Danube, Arjan · 8th floor · completed 2022

816, Elz Residence by Danube

Sold prices and rental history: sold once, by the developer in December 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 816 · DLD and Ejari recordsUpdated 6 August 2025
Last soldAED 435K8 December 2020
Current rentAED 42K /yr6 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 816, Elz Residence by Danube

What is 816 worth today?

Last sold for AED 435,000 in 2020

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6 Aug 2025RentedNew contract
AED 42,000/yr12 months · AED 106 per sqft
5 Aug 2024RentedNew contract
AED 42,000/yr12 months · AED 105 per sqft
7 Nov 2022RentedNew contract
AED 30,000/yr12 months · AED 76 per sqft
8 Dec 2020Sold by developerOff-plan
AED 435,000AED 1,098 per sqft

Source: Dubai Land Department. Updated 6 August 2025.

Key facts

Type
Studio apartment
Size
396 sqft
Floor
8th of 8
Parking
G-28
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 435K · December 2020
Building
Elz Residence by Danube

About 816, Elz Residence by Danube

816 is a studio of 396 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 8 December 2020 for AED 435,000, or AED 1,098 per sqft, 12% above the AED 982 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 6 August 2025, is AED 42,000 a year: a gross yield of 9.7% on the 2020 price, before the service charge of about AED 4,600 a year.

Sales and rents for 816 over time

Sales
Unit 816, 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, December 2020: AED 435,000 (AED 1,098 per sqft)

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

Rents
Unit 816, 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, November 2022: AED 30,000 a yearNew contract, August 2024: AED 42,000 a yearNew contract, August 2025: 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 816 sits

All 214 studios →

816 last sold in December 2020 at AED 1,098 per sqft, 12% above what studios in Elz Residence by Danube were fetching at the time (AED 982). 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. 816'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
802StudioAED 450K · Sep 2023
8032-bedAED 1.1M · Nov 2023
804StudioAED 391K · Jul 2019
805StudioAED 391K · Jul 2019
806StudioAED 403K · Jul 2019
8071-bedAED 631K · Feb 2021
1–7 of 33

816, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 8 December 2020 for AED 435,000, or AED 1,098 per sqft.
  • Rented since November 2022 on 3 Ejari contracts, from AED 30,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2020 price is 9.7%, 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 6 August 2025.

Questions about 816, Elz Residence by Danube

What did unit 816 last sell for?

AED 435,000 on 8 December 2020, sold by the developer: AED 1,098 per sqft for 396 sqft. It is the only registered sale of the unit.

What is the rent for unit 816?

AED 42,000 a year on the contract signed on 6 August 2025. The previous contract, from August 2024, was AED 42,000; the unit has been rented since November 2022.

How big is unit 816?

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

What is unit 816 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 816, Elz Residence by Danube

Starts from the last sale price (AED 435K, 8 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 435,000
Deposit, UAE resident (20%)
AED 87,000
Deposit, non-resident (40%)
AED 174,000
Monthly over 25 years at 3.7%
AED 1,780

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