2-bed · 1,148 sqftElz Residence by Danube, Arjan · 1st floor · completed 2022

103, Elz Residence by Danube

Sold prices and rental history: sold twice, last in May 2024, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1M9 May 2024
Current rentAED 95K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Elz Residence by Danube

What is 103 worth today?

Last sold for AED 1,000,000 in 2024

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1 Nov 2024RentedNew contract
AED 95,000/yr12 months · AED 82 per sqft
9 May 2024SoldReady
AED 1,000,000AED 871 per sqft
16 Dec 2022Sold by developerReady
AED 920,615AED 801 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
2-bed apartment
Size
1,148 sqft
Floor
1st of 8
Parking
B-6
Developer
Danube Properties Development
Completed
2022
Service charge
AED 13,400 /yr
Last sold
AED 1M · May 2024

About 103, Elz Residence by Danube

103 is a two-bedroom apartment of 1,148 sqft on the 1st floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. It last sold on 9 May 2024 for AED 1,000,000, or AED 871 per sqft, 4% below the AED 905 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2024. The current contract, signed on 1 November 2024, is AED 95,000 a year: a gross yield of 9.5% on the 2024 price, before the service charge of about AED 13,400 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Elz Residence by Danube
900K1M1.1M202220232024Typical sale price by year: 2022 AED 919,840; 2023 AED 1,080,000Sold by developer, December 2022: AED 920,615 (AED 801 per sqft)Sold, May 2024: AED 1,000,000 (AED 871 per sqft)

103 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Elz Residence by Danube, and where 103 sits

All 7 2-beds →

103 last sold in May 2024 at AED 871 per sqft, 4% below what two-beds in Elz Residence by Danube were fetching at the time (AED 905).

Recent 2-bed salesUnit no.Price (AED)Summary
16 Nov 20231,100,000
6 Jun 20231,080,000
2 Jun 2023537,500
16 Dec 2022917,859
0 2-bed 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. 8 sold in the last 12 months.

Typical price per sqft
AED 1,225
Typical sale
AED 640K
Typical rent
AED 44K /yr
Typical yield
8.6%
Elz Residence by Danube, Arjan: prices, sales and rents →

Other units on the 1st floor

All 270 units in Elz Residence by Danube
Value
101StudioAED 378K · Feb 2019
102StudioAED 335K · Mar 2019
104AED 335K · Mar 2019
105AED 335K · Mar 2019
106StudioAED 335K · Mar 2019
1071-bedAED 621K · Feb 2021
108StudioAED 335K · Mar 2019
1–7 of 31

103, Elz Residence by Danube in numbers

  • Sold twice: first on 16 December 2022 for AED 920,615, last on 9 May 2024 for AED 1,000,000 (AED 871 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2024 price is 9.5%, before a service charge of about AED 13,400 a year (AED 11.65 per sqft).

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 103, Elz Residence by Danube

What did unit 103 last sell for?

AED 1,000,000 on 9 May 2024: AED 871 per sqft for 1,148 sqft. The unit has 2 registered sales; the first was AED 920,615 in December 2022.

What is the rent for unit 103?

AED 95,000 a year on the contract signed on 1 November 2024.

How big is unit 103?

1,148 sqft (106.7 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2022.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 103, Elz Residence by Danube

Starts from the last sale price (AED 1M, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →