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Studio · 395 sqftElz Residence by Danube, Arjan · 3rd floor · completed 2022

324, Elz Residence by Danube

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

Unit 324 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 404K6 March 2019
Current rentAED 35K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 324, Elz Residence by Danube

What is 324 worth today?

Last sold for AED 404,000 in 2019

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1 Feb 2025RentedRenewal
AED 35,000/yr12 months · AED 90 per sqft
1 Feb 2024RentedRenewal
AED 35,000/yr12 months · AED 90 per sqft
31 Jan 2024RentedRenewal
AED 34,896/yr12 months · AED 90 per sqft
1 Feb 2023RentedNew contract
AED 33,000/yr12 months · AED 85 per sqft
6 Mar 2019Sold by developerOff-plan
AED 404,000AED 1,021 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
Studio apartment
Size
395 sqft
Floor
3rd of 8
Parking
B-30
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 404K · March 2019
Building
Elz Residence by Danube

About 324, Elz Residence by Danube

324 is a studio of 395 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 6 March 2019 for AED 404,000, or AED 1,021 per sqft, 3% above the AED 990 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 35,000 a year: a gross yield of 8.7% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 324 over time

Sales
Unit 324, 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 404,000 (AED 1,021 per sqft)

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

Rents
Unit 324, 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, February 2023: AED 33,000 a yearRenewal, January 2024: AED 34,896 a yearRenewal, February 2024: AED 35,000 a yearRenewal, February 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 324 sits

All 205 studios →

324 last sold in March 2019 at AED 1,021 per sqft, 3% above what studios in Elz Residence by Danube were fetching at the time (AED 990). 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. 324'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. 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 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

324, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 6 March 2019 for AED 404,000, or AED 1,021 per sqft.
  • Rented since February 2023 on 4 Ejari contracts, from AED 33,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2019 price is 8.7%, 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 February 2025.

Questions about 324, Elz Residence by Danube

What did unit 324 last sell for?

AED 404,000 on 6 March 2019, sold by the developer: AED 1,021 per sqft for 395 sqft. It is the only registered sale of the unit.

What is the rent for unit 324?

AED 35,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2024, was AED 35,000; the unit has been rented since February 2023.

How big is unit 324?

395 sqft (36.7 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2022.

What is unit 324 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 324, Elz Residence by Danube

Starts from the last sale price (AED 404K, 6 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 404,000
Deposit, UAE resident (20%)
AED 80,800
Deposit, non-resident (40%)
AED 161,600
Monthly over 25 years at 3.7%
AED 1,653

Plus AED 19,878 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →