Studio · 394 sqftElz Residence by Danube, Arjan · 8th floor · completed 2022

823, Elz Residence by Danube

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

Unit 823 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 400K29 July 2022
Current rentAED 42K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 823, Elz Residence by Danube

What is 823 worth today?

Last sold for AED 400,000 in 2022

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1 Feb 2026RentedNew contract
AED 42,000/yr12 months · AED 107 per sqft
15 Feb 2025RentedRenewal
AED 42,000/yr12 months · AED 107 per sqft
15 Feb 2024RentedNew contract
AED 41,000/yr12 months · AED 104 per sqft
1 Sep 2023RentedNew contract
AED 33,000/yr12 months · AED 84 per sqft
1 Sep 2022RentedNew contract
AED 27,000/yr12 months · AED 68 per sqft
29 Jul 2022Sold by developerReady
AED 400,000AED 1,014 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
394 sqft
Floor
8th of 8
Parking
G-56
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 400K · July 2022

About 823, Elz Residence by Danube

823 is a studio of 394 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 29 July 2022 for AED 400,000, or AED 1,014 per sqft, in line with the AED 1,014 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 1 February 2026, is AED 42,000 a year: a gross yield of 10.5% on the 2022 price, before the service charge of about AED 4,600 a year.

Sales and rents for 823 over time

Sales
Unit 823, 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 2022: AED 400,000 (AED 1,014 per sqft)

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

Rents
Unit 823, 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, September 2022: AED 27,000 a yearNew contract, September 2023: AED 33,000 a yearNew contract, February 2024: AED 41,000 a yearRenewal, February 2025: AED 42,000 a yearNew contract, February 2026: 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 823 sits

All 214 studios →

823 last sold in July 2022 at AED 1,014 per sqft, in line with what studios in Elz Residence by Danube were fetching at the time (AED 1,014). 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. 823'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

823, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 29 July 2022 for AED 400,000, or AED 1,014 per sqft.
  • Rented since September 2022 on 5 Ejari contracts, from AED 27,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2022 price is 10.5%, 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 February 2026.

Questions about 823, Elz Residence by Danube

What did unit 823 last sell for?

AED 400,000 on 29 July 2022, sold by the developer: AED 1,014 per sqft for 394 sqft. It is the only registered sale of the unit.

What is the rent for unit 823?

AED 42,000 a year on the contract signed on 1 February 2026. The previous contract, from February 2025, was AED 42,000; the unit has been rented since September 2022.

How big is unit 823?

394 sqft (36.6 sqm): a studio on the 8th floor of a 8-storey tower completed in 2022.

What is unit 823 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 823, Elz Residence by Danube

Starts from the last sale price (AED 400K, 29 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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