Studio · 393 sqftElz Residence by Danube, Arjan · 2nd floor · completed 2022

215, Elz Residence by Danube

Sold prices and rental history: sold twice, last in September 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 5 April 2024
Last soldAED 430K8 September 2023
Current rentAED 42K /yr5 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Elz Residence by Danube

What is 215 worth today?

Last sold for AED 430,000 in 2023

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5 Apr 2024RentedNew contract
AED 42,000/yr12 months · AED 107 per sqft
8 Sep 2023SoldReady
AED 430,000AED 1,095 per sqft
15 Mar 2023RentedNew contract
AED 33,000/yr12 months · AED 85 per sqft
22 May 2019Sold by developerOff-plan
AED 402,000AED 1,023 per sqft

Source: Dubai Land Department. Updated 5 April 2024.

Key facts

Type
Studio apartment
Size
393 sqft
Floor
2nd of 8
Parking
B-122
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 430K · September 2023

About 215, Elz Residence by Danube

215 is a studio of 393 sqft on the 2nd floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. It last sold on 8 September 2023 for AED 430,000, or AED 1,095 per sqft, 14% above the AED 963 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 5 April 2024, is AED 42,000 a year: a gross yield of 9.8% on the 2023 price, before the service charge of about AED 4,600 a year.

Sales and rents for 215 over time

Sales
Unit 215, 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, May 2019: AED 402,000 (AED 1,023 per sqft)Sold, September 2023: AED 430,000 (AED 1,095 per sqft)

215 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 215, each contractTypical studio in Elz Residence by Danube
30K40K202220242026Typical rent by year: 2022 AED 28,920; 2023 AED 34,000; 2024 AED 39,900; 2025 AED 42,000; 2026 AED 45,000New contract, March 2023: AED 33,000 a yearNew contract, April 2024: 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 215 sits

All 205 studios →

215 last sold in September 2023 at AED 1,095 per sqft, 14% above what studios in Elz Residence by Danube were fetching at the time (AED 963). 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. 215's AED 42,000 is in the lower 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 2nd floor

All 270 units in Elz Residence by Danube
Value
201StudioAED 380K · Apr 2019
202StudioAED 335K · Mar 2019
2032-bedAED 1.08M · Jun 2023
204StudioAED 365K · May 2019
205StudioAED 510K · Jul 2025
206StudioAED 565K · Jul 2025
2071-bedAED 632K · Aug 2019
1–7 of 33

215, Elz Residence by Danube in numbers

  • Sold twice: first on 22 May 2019 for AED 402,000, last on 8 September 2023 for AED 430,000 (AED 1,095 per sqft).
  • Rented since March 2023 on 2 Ejari contracts, from AED 33,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 9.8%, 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 1,244 per sqft.

Source: Dubai Land Department. Updated 5 April 2024.

Questions about 215, Elz Residence by Danube

What did unit 215 last sell for?

AED 430,000 on 8 September 2023: AED 1,095 per sqft for 393 sqft. The unit has 2 registered sales; the first was AED 402,000 in May 2019.

What is the rent for unit 215?

AED 42,000 a year on the contract signed on 5 April 2024. The previous contract, from March 2023, was AED 33,000.

How big is unit 215?

393 sqft (36.5 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2022.

What is unit 215 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 215, Elz Residence by Danube

Starts from the last sale price (AED 430K, 8 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

Plus AED 20,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →