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Studio · 393 sqftElz Residence by Danube, Arjan · 4th floor · completed 2022

406, Elz Residence by Danube

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

Unit 406 · DLD and Ejari recordsUpdated 12 September 2024
Last soldAED 378K28 July 2019
Current rentAED 36K /yr12 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, Elz Residence by Danube

What is 406 worth today?

Last sold for AED 378,300 in 2019

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12 Sep 2024RentedRenewal
AED 35,650/yr12 months · AED 92 per sqft
12 Sep 2022RentedNew contract
AED 27,000/yr12 months · AED 70 per sqft
28 Jul 2019Sold by developerOff-plan
AED 378,300AED 963 per sqft

Source: Dubai Land Department. Updated 12 September 2024.

Key facts

Type
Studio apartment
Size
393 sqft
Floor
4th of 8
Parking
B-20
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 378K · July 2019
Building
Elz Residence by Danube

About 406, Elz Residence by Danube

406 is a studio of 393 sqft on the 4th floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. The developer sold it on 28 July 2019 for AED 378,300, or AED 963 per sqft, in line with the AED 987 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 12 September 2024, is AED 35,650 a year: a gross yield of 9.4% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, July 2019: AED 378,300 (AED 963 per sqft)

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

Rents
Unit 406, 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 27,000 a yearRenewal, September 2024: AED 35,650 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 406 sits

All 205 studios →

406 last sold in July 2019 at AED 963 per sqft, in line with what studios in Elz Residence by Danube were fetching at the time (AED 987). 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. 406's AED 35,650 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 4th floor

All 270 units in Elz Residence by Danube
Value
401StudioAED 490K · Jan 2025
402StudioAED 550K · Jan 2025
403AED 1.18M · Jul 2024
404StudioAED 460K · Aug 2024
405StudioAED 384K · Jan 2019
4071-bedAED 633K · Nov 2019
408StudioAED 384K · Jan 2019
1–7 of 33

406, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 28 July 2019 for AED 378,300, or AED 963 per sqft.
  • Rented since September 2022 on 2 Ejari contracts, from AED 27,000 to AED 35,650 a year.
  • At AED 35,650 a year the gross yield on the 2019 price is 9.4%, 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 12 September 2024.

Questions about 406, Elz Residence by Danube

What did unit 406 last sell for?

AED 378,300 on 28 July 2019, sold by the developer: AED 963 per sqft for 393 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 35,650 a year on the contract renewed on 12 September 2024. The previous contract, from September 2022, was AED 27,000.

How big is unit 406?

393 sqft (36.5 sqm): a studio on the 4th floor of a 8-storey tower completed in 2022.

What is unit 406 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 406, Elz Residence by Danube

Starts from the last sale price (AED 378K, 28 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 378,300
Deposit, UAE resident (20%)
AED 75,660
Deposit, non-resident (40%)
AED 151,320
Monthly over 25 years at 3.7%
AED 1,548

Plus AED 18,799 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →