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Studio · 395 sqftElz Residence by Danube, Arjan · 6th floor · completed 2022

624, Elz Residence by Danube

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

Unit 624 · DLD and Ejari recordsUpdated 10 September 2025
Last soldAED 406K22 April 2019
Current rentAED 45K /yr10 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 624, Elz Residence by Danube

What is 624 worth today?

Last sold for AED 405,900 in 2019

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10 Sep 2025RentedRenewal
AED 45,000/yr12 months · AED 113 per sqft
10 Sep 2024RentedNew contract
AED 42,000/yr12 months · AED 105 per sqft
25 Aug 2023RentedRenewal
AED 32,000/yr12 months · AED 80 per sqft
22 Apr 2019Sold by developerOff-plan
AED 405,900AED 1,026 per sqft

Source: Dubai Land Department. Updated 10 September 2025.

Key facts

Type
Studio apartment
Size
395 sqft
Floor
6th of 8
Parking
G-115
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 406K · April 2019
Building
Elz Residence by Danube

About 624, Elz Residence by Danube

624 is a studio of 395 sqft on the 6th floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. The developer sold it on 22 April 2019 for AED 405,900, or AED 1,026 per sqft, 5% above the AED 980 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 10 September 2025, is AED 45,000 a year: a gross yield of 11.1% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 624 over time

Sales
Unit 624, 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 405,900 (AED 1,026 per sqft)

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

Rents
Unit 624, 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 45,000Renewal, August 2023: AED 32,000 a yearNew contract, September 2024: AED 42,000 a yearRenewal, September 2025: AED 45,000 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 624 sits

All 205 studios →

624 last sold in April 2019 at AED 1,026 per sqft, 5% above 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. 624's AED 45,000 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. 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 6th floor

All 270 units in Elz Residence by Danube
Value
601StudioAED 390K · Dec 2021
602StudioAED 346K · Mar 2019
6032-bedAED 538K · Jun 2023
604StudioAED 346K · Mar 2019
605StudioAED 375K · Jun 2023
606StudioAED 360K · Jun 2022
6071-bedAED 590K · Apr 2021
1–7 of 33

624, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 22 April 2019 for AED 405,900, or AED 1,026 per sqft.
  • Rented since August 2023 on 3 Ejari contracts, from AED 32,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2019 price is 11.1%, 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 1,225 per sqft.

Source: Dubai Land Department. Updated 10 September 2025.

Questions about 624, Elz Residence by Danube

What did unit 624 last sell for?

AED 405,900 on 22 April 2019, sold by the developer: AED 1,026 per sqft for 395 sqft. It is the only registered sale of the unit.

What is the rent for unit 624?

AED 45,000 a year on the contract renewed on 10 September 2025. The previous contract, from September 2024, was AED 42,000; the unit has been rented since August 2023.

How big is unit 624?

395 sqft (36.7 sqm): a studio on the 6th floor of a 8-storey tower completed in 2022.

What is unit 624 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 624, Elz Residence by Danube

Starts from the last sale price (AED 406K, 22 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 405,900
Deposit, UAE resident (20%)
AED 81,180
Deposit, non-resident (40%)
AED 162,360
Monthly over 25 years at 3.7%
AED 1,661

Plus AED 19,958 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →