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Studio · 425 sqftElz Residence by Danube, Arjan · 1st floor · completed 2022

120, Elz Residence by Danube

Sold prices and rental history: sold once, by the developer in July 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 120 · DLD and Ejari recordsUpdated 7 April 2025
Last soldAED 414K14 July 2019
Current rentAED 51K /yr7 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 120, Elz Residence by Danube

What is 120 worth today?

Last sold for AED 413,820 in 2019

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7 Apr 2025RentedNew contract
AED 50,500/yr12 months · AED 117 per sqft
1 Apr 2024RentedRenewal
AED 57,750/yr12 months · AED 134 per sqft
1 Apr 2023RentedNew contract
AED 55,000/yr12 months · AED 128 per sqft
14 Jul 2019Sold by developerOff-plan
AED 413,820AED 973 per sqft

Source: Dubai Land Department. Updated 7 April 2025.

Key facts

Type
Studio apartment
Size
425 sqft
Floor
1st of 8
Parking
B-72
Developer
Danube Properties Development
Completed
2022
Service charge
AED 5,000 /yr
Last sold
AED 414K · July 2019
Building
Elz Residence by Danube

About 120, Elz Residence by Danube

120 is a studio of 425 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 July 2019 for AED 413,820, or AED 973 per sqft, in line with the AED 986 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 7 April 2025, is AED 50,500 a year: a gross yield of 12.2% on the 2019 price, before the service charge of about AED 5,000 a year.

Sales and rents for 120 over time

Sales
Unit 120, 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, July 2019: AED 413,820 (AED 973 per sqft)

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

Rents
Unit 120, each contractTypical studio in Elz Residence by Danube
40K60K202220242026Typical rent by year: 2022 AED 28,920; 2023 AED 34,000; 2024 AED 39,900; 2025 AED 42,000; 2026 AED 45,000New contract, April 2023: AED 55,000 a yearRenewal, April 2024: AED 57,750 a yearNew contract, April 2025: AED 50,500 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 120 sits

All 205 studios →

120 last sold in July 2019 at AED 973 per sqft, in line with what studios in Elz Residence by Danube were fetching at the time (AED 986). 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. 120's AED 50,500 is in the upper half 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. 7 sold in the last 12 months.

Typical price per sqft
AED 1,244
Typical sale
AED 550K
Typical rent
AED 44K /yr
Typical yield
8.5%
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

120, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 14 July 2019 for AED 413,820, or AED 973 per sqft.
  • Rented since April 2023 on 3 Ejari contracts, from AED 55,000 to AED 50,500 a year.
  • At AED 50,500 a year the gross yield on the 2019 price is 12.2%, before a service charge of about AED 5,000 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 1,244 per sqft.

Source: Dubai Land Department. Updated 7 April 2025.

Questions about 120, Elz Residence by Danube

What did unit 120 last sell for?

AED 413,820 on 14 July 2019, sold by the developer: AED 973 per sqft for 425 sqft. It is the only registered sale of the unit.

What is the rent for unit 120?

AED 50,500 a year on the contract signed on 7 April 2025. The previous contract, from April 2024, was AED 57,750; the unit has been rented since April 2023.

How big is unit 120?

425 sqft (39.5 sqm): a studio on the 1st floor of a 8-storey tower completed in 2022.

What is unit 120 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 120, Elz Residence by Danube

Starts from the last sale price (AED 414K, 14 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 413,820
Deposit, UAE resident (20%)
AED 82,764
Deposit, non-resident (40%)
AED 165,528
Monthly over 25 years at 3.7%
AED 1,693

Plus AED 20,291 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →