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

218, Elz Residence by Danube

Sold prices and rental history: sold once, by the developer in April 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 218 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 402K29 April 2019
Current rentAED 2K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 218, Elz Residence by Danube

What is 218 worth today?

Last sold for AED 402,000 in 2019

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1 Nov 2023RentedRenewal · flagged as an outlier
AED 2,000/yr12 months · AED 5 per sqft
1 Nov 2022RentedNew contract · flagged as an outlier
AED 2,000/yr12 months · AED 5 per sqft
29 Apr 2019Sold by developerOff-plan
AED 402,000AED 1,024 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
Studio apartment
Size
393 sqft
Floor
2nd of 8
Parking
B-125
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 402K · April 2019

About 218, Elz Residence by Danube

218 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. The developer sold it on 29 April 2019 for AED 402,000, or AED 1,024 per sqft, 4% above the AED 980 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 2,000 a year: a gross yield of 0.5% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 218 over time

Sales
Unit 218, 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, April 2019: AED 402,000 (AED 1,024 per sqft)

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

Rents
Unit 218, 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 45,000

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 218 sits

All 205 studios →

218 last sold in April 2019 at AED 1,024 per sqft, 4% above 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. 218's AED 2,000 is at the bottom 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 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

218, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 29 April 2019 for AED 402,000, or AED 1,024 per sqft.
  • Rented since November 2022 on 2 Ejari contracts, at AED 2,000 a year.
  • At AED 2,000 a year the gross yield on the 2019 price is 0.5%, 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 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 1 November 2023.

Questions about 218, Elz Residence by Danube

What did unit 218 last sell for?

AED 402,000 on 29 April 2019, sold by the developer: AED 1,024 per sqft for 393 sqft. It is the only registered sale of the unit.

What is the rent for unit 218?

AED 2,000 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 2,000.

How big is unit 218?

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

What is unit 218 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 218, Elz Residence by Danube

Starts from the last sale price (AED 402K, 29 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 402,000
Deposit, UAE resident (20%)
AED 80,400
Deposit, non-resident (40%)
AED 160,800
Monthly over 25 years at 3.7%
AED 1,645

Plus AED 19,794 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →