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Studio · 395 sqftElz Residence by Danube, Arjan · 2nd floor · completed 2022

224, Elz Residence by Danube

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

Unit 224 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 398K25 March 2019
Current rentAED 35K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 224, Elz Residence by Danube

What is 224 worth today?

Last sold for AED 398,000 in 2019

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1 Sep 2025RentedRenewal
AED 35,000/yr12 months · AED 89 per sqft
1 Sep 2024RentedNew contract
AED 28,000/yr12 months · AED 71 per sqft
1 Sep 2023RentedRenewal
AED 28,000/yr12 months · AED 70 per sqft
1 Sep 2022RentedNew contract
AED 28,000/yr12 months · AED 70 per sqft
25 Mar 2019Sold by developerOff-plan
AED 398,000AED 1,006 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
Studio apartment
Size
395 sqft
Floor
2nd of 8
Parking
B-129
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 398K · March 2019
Building
Elz Residence by Danube

About 224, Elz Residence by Danube

224 is a studio of 395 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 25 March 2019 for AED 398,000, or AED 1,006 per sqft, in line with the AED 978 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 35,000 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 224 over time

Sales
Unit 224, 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 398,000 (AED 1,006 per sqft)

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

Rents
Unit 224, 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, September 2022: AED 28,000 a yearRenewal, September 2023: AED 28,000 a yearNew contract, September 2024: AED 28,000 a yearRenewal, September 2025: AED 35,000 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 224 sits

All 205 studios →

224 last sold in March 2019 at AED 1,006 per sqft, in line with what studios in Elz Residence by Danube were fetching at the time (AED 978). 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. 224's AED 35,000 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. 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

224, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 25 March 2019 for AED 398,000, or AED 1,006 per sqft.
  • Rented since September 2022 on 4 Ejari contracts, from AED 28,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2019 price is 8.8%, 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 1 September 2025.

Questions about 224, Elz Residence by Danube

What did unit 224 last sell for?

AED 398,000 on 25 March 2019, sold by the developer: AED 1,006 per sqft for 395 sqft. It is the only registered sale of the unit.

What is the rent for unit 224?

AED 35,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 28,000; the unit has been rented since September 2022.

How big is unit 224?

395 sqft (36.7 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2022.

What is unit 224 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 224, Elz Residence by Danube

Starts from the last sale price (AED 398K, 25 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 398,000
Deposit, UAE resident (20%)
AED 79,600
Deposit, non-resident (40%)
AED 159,200
Monthly over 25 years at 3.7%
AED 1,628

Plus AED 19,626 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →