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Studio · 395 sqftElz Residence by Danube, Arjan · 1st floor · completed 2022

116, Elz Residence by Danube

Sold prices and rental history: sold once, by the developer in March 2019, and rented once, from February 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 8 February 2025
Last soldAED 353K14 March 2019
Current rentAED 83K /yr8 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 116, Elz Residence by Danube

What is 116 worth today?

Last sold for AED 353,200 in 2019

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8 Feb 2025RentedNew contract
AED 82,500/yr12 months · AED 209 per sqft
14 Mar 2019Sold by developerOff-plan
AED 353,200AED 893 per sqft

Source: Dubai Land Department. Updated 8 February 2025.

Key facts

Type
Studio apartment
Size
395 sqft
Floor
1st of 8
Parking
B-70
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 353K · March 2019
Building
Elz Residence by Danube

About 116, Elz Residence by Danube

116 is a studio of 395 sqft on the 1st floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. The developer sold it on 14 March 2019 for AED 353,200, or AED 893 per sqft, 9% below the AED 980 studios in the building were fetching at the time.

One Ejari contract is registered, from 8 February 2025. The current contract, signed on 8 February 2025, is AED 82,500 a year: a gross yield of 23.4% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical studio in Elz Residence by Danube
400K500K20182020202220242026Typical sale price by year: 2018 AED 404,000; 2019 AED 388,080; 2020 AED 398,245; 2021 AED 403,750; 2022 AED 376,325; 2023 AED 412,500; 2024 AED 450,000; 2025 AED 515,000Sold by developer, March 2019: AED 353,200 (AED 893 per sqft)

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

Rents
Unit 116, each contractTypical studio in Elz Residence by Danube
25K50K75K202220242026Typical rent by year: 2022 AED 28,920; 2023 AED 34,000; 2024 AED 39,900; 2025 AED 42,000; 2026 AED 45,000New contract, February 2025: AED 82,500 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 116 sits

All 205 studios →

116 last sold in March 2019 at AED 893 per sqft, 9% below what studios in Elz Residence by Danube were fetching at the time (AED 980). Over the last 12 months studios sold for AED 530,000 to 550,000, around AED 1,364 per sqft, and rent for AED 36,181 to 60,000 a year. 116's AED 82,500 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Feb 2026537,000
30 Jul 2025525,000
29 Jul 2025490,000
17 Jul 2025510,000
4 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. 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
1032-bedAED 1M · May 2024
104AED 335K · Mar 2019
105AED 335K · Mar 2019
106StudioAED 335K · Mar 2019
1071-bedAED 621K · Feb 2021
1–7 of 31

116, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 14 March 2019 for AED 353,200, or AED 893 per sqft.
  • Rented since February 2025 on one Ejari contract, at AED 82,500 a year.
  • At AED 82,500 a year the gross yield on the 2019 price is 23.4%, 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 530,000–550,000 in the 12 months to November 2026; the building's median across all types is AED 1,225 per sqft.

Source: Dubai Land Department. Updated 8 February 2025.

Questions about 116, Elz Residence by Danube

What did unit 116 last sell for?

AED 353,200 on 14 March 2019, sold by the developer: AED 893 per sqft for 395 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 82,500 a year on the contract signed on 8 February 2025.

How big is unit 116?

395 sqft (36.7 sqm): a studio on the 1st floor of a 8-storey tower completed in 2022.

What is unit 116 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 530,000 to 550,000 in the last 12 months, around AED 1,364 per sqft.

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Mortgage on 116, Elz Residence by Danube

Starts from the last sale price (AED 353K, 14 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 353,200
Deposit, UAE resident (20%)
AED 70,640
Deposit, non-resident (40%)
AED 141,280
Monthly over 25 years at 3.7%
AED 1,445

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