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Studio · 393 sqftElz Residence by Danube, Arjan · 5th floor · completed 2022

506, Elz Residence by Danube

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

Unit 506 · DLD and Ejari recordsUpdated 20 February 2025
Last soldAED 379K4 March 2019
Current rentAED 40K /yr20 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Elz Residence by Danube

What is 506 worth today?

Last sold for AED 379,260 in 2019

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20 Feb 2025RentedRenewal
AED 40,000/yr12 months · AED 103 per sqft
20 Feb 2024RentedRenewal
AED 36,000/yr12 months · AED 93 per sqft
20 Feb 2023RentedNew contract
AED 33,000/yr12 months · AED 85 per sqft
4 Mar 2019Sold by developerOff-plan
AED 379,260AED 966 per sqft

Source: Dubai Land Department. Updated 20 February 2025.

Key facts

Type
Studio apartment
Size
393 sqft
Floor
5th of 8
Parking
B-134
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 379K · March 2019
Building
Elz Residence by Danube

About 506, Elz Residence by Danube

506 is a studio of 393 sqft on the 5th floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. The developer sold it on 4 March 2019 for AED 379,260, or AED 966 per sqft, in line with the AED 990 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 20 February 2025, is AED 40,000 a year: a gross yield of 10.5% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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 379,260 (AED 966 per sqft)

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

Rents
Unit 506, 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, February 2024: AED 36,000 a yearRenewal, February 2025: AED 40,000 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 506 sits

All 205 studios →

506 last sold in March 2019 at AED 966 per sqft, in line with 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. 506's AED 40,000 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 5th floor

All 270 units in Elz Residence by Danube
Value
501StudioAED 550K · Jun 2025
502StudioAED 387K · Jan 2019
5032-bedAED 901K · Feb 2021
504StudioAED 410K · Sep 2023
505StudioAED 413K · Apr 2022
5071-bedAED 800K · Apr 2025
508StudioAED 490K · Jul 2025
1–7 of 33

506, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 4 March 2019 for AED 379,260, or AED 966 per sqft.
  • Rented since February 2023 on 3 Ejari contracts, from AED 33,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2019 price is 10.5%, 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 20 February 2025.

Questions about 506, Elz Residence by Danube

What did unit 506 last sell for?

AED 379,260 on 4 March 2019, sold by the developer: AED 966 per sqft for 393 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 40,000 a year on the contract renewed on 20 February 2025. The previous contract, from February 2024, was AED 36,000; the unit has been rented since February 2023.

How big is unit 506?

393 sqft (36.5 sqm): a studio on the 5th floor of a 8-storey tower completed in 2022.

What is unit 506 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 506, Elz Residence by Danube

Starts from the last sale price (AED 379K, 4 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 379,260
Deposit, UAE resident (20%)
AED 75,852
Deposit, non-resident (40%)
AED 151,704
Monthly over 25 years at 3.7%
AED 1,552

Plus AED 18,839 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →