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

408, Elz Residence by Danube

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

Unit 408 · DLD and Ejari recordsUpdated 2 October 2025
Last soldAED 384K28 January 2019
Current rentAED 39K /yr2 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Elz Residence by Danube

What is 408 worth today?

Last sold for AED 384,000 in 2019

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2 Oct 2025RentedNew contract
AED 38,850/yr12 months · AED 99 per sqft
4 Oct 2024RentedNew contract
AED 38,850/yr12 months · AED 99 per sqft
2 Oct 2023RentedNew contract
AED 37,000/yr12 months · AED 94 per sqft
28 Oct 2022RentedNew contract
AED 30,000/yr12 months · AED 77 per sqft
28 Jan 2019Sold by developerOff-plan
AED 384,000AED 977 per sqft

Source: Dubai Land Department. Updated 2 October 2025.

Key facts

Type
Studio apartment
Size
393 sqft
Floor
4th of 8
Parking
B-40
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 384K · January 2019
Building
Elz Residence by Danube

About 408, Elz Residence by Danube

408 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 January 2019 for AED 384,000, or AED 977 per sqft, in line with the AED 980 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 2 October 2025, is AED 38,850 a year: a gross yield of 10.1% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, January 2019: AED 384,000 (AED 977 per sqft)

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

Rents
Unit 408, 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, October 2022: AED 30,000 a yearNew contract, October 2023: AED 37,000 a yearNew contract, October 2024: AED 38,850 a yearNew contract, October 2025: AED 38,850 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 408 sits

All 205 studios →

408 last sold in January 2019 at AED 977 per sqft, in line with 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. 408's AED 38,850 is in the lower half 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 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
406StudioAED 378K · Jul 2019
4071-bedAED 633K · Nov 2019
1–7 of 33

408, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 28 January 2019 for AED 384,000, or AED 977 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 30,000 to AED 38,850 a year.
  • At AED 38,850 a year the gross yield on the 2019 price is 10.1%, 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 2 October 2025.

Questions about 408, Elz Residence by Danube

What did unit 408 last sell for?

AED 384,000 on 28 January 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 408?

AED 38,850 a year on the contract signed on 2 October 2025. The previous contract, from October 2024, was AED 38,850; the unit has been rented since October 2022.

How big is unit 408?

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

What is unit 408 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 408, Elz Residence by Danube

Starts from the last sale price (AED 384K, 28 January 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 →