Studio · 393 sqftElz Residence by Danube, Arjan · 3rd floor · completed 2022

312, Elz Residence by Danube

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

Unit 312 · DLD and Ejari recordsUpdated 26 November 2022
Last soldAED 384K9 April 2019
Current rentAED 32K /yr26 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Elz Residence by Danube

What is 312 worth today?

Last sold for AED 384,000 in 2019

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26 Nov 2022RentedNew contract
AED 32,000/yr12 months · AED 83 per sqft
9 Apr 2019Sold by developerOff-plan
AED 384,000AED 977 per sqft

Source: Dubai Land Department. Updated 26 November 2022.

Key facts

Type
Studio apartment
Size
393 sqft
Floor
3rd of 8
Parking
B-22
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 384K · April 2019

About 312, Elz Residence by Danube

312 is a studio of 393 sqft on the 3rd floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. The developer sold it on 9 April 2019 for AED 384,000, or AED 977 per sqft, in line with the AED 979 studios in the building were fetching at the time.

One Ejari contract is registered, from 26 November 2022. The current contract, signed on 26 November 2022, is AED 32,000 a year: a gross yield of 8.3% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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 384,000 (AED 977 per sqft)

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

Rents
Unit 312, 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, November 2022: AED 32,000 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 312 sits

All 205 studios →

312 last sold in April 2019 at AED 977 per sqft, in line with what studios in Elz Residence by Danube were fetching at the time (AED 979). 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. 312's AED 32,000 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 3rd floor

All 270 units in Elz Residence by Danube
Value
301StudioAED 400K · Aug 2023
302StudioAED 480K · Aug 2024
3032-bedAED 920K · Jun 2021
304StudioAED 525K · Jun 2025
305StudioAED 470K · Dec 2023
306StudioAED 510K · Mar 2025
3071-bedAED 583K · Feb 2021
1–7 of 33

312, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 9 April 2019 for AED 384,000, or AED 977 per sqft.
  • Rented since November 2022 on one Ejari contract, at AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2019 price is 8.3%, 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 26 November 2022.

Questions about 312, Elz Residence by Danube

What did unit 312 last sell for?

AED 384,000 on 9 April 2019, sold by the developer: AED 977 per sqft for 393 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 32,000 a year on the contract signed on 26 November 2022.

How big is unit 312?

393 sqft (36.5 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2022.

What is unit 312 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 312, Elz Residence by Danube

Starts from the last sale price (AED 384K, 9 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 384,000
Deposit, UAE resident (20%)
AED 76,800
Deposit, non-resident (40%)
AED 153,600
Monthly over 25 years at 3.7%
AED 1,571

Plus AED 19,038 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →