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Studio · 391 sqftElz Residence by Danube, Arjan · 6th floor · completed 2022

629, Elz Residence by Danube

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

Unit 629 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 390K10 February 2019
Current rentAED 35K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 629, Elz Residence by Danube

What is 629 worth today?

Last sold for AED 390,000 in 2019

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1 Oct 2023RentedNew contract
AED 35,000/yr12 months · AED 89 per sqft
25 Sep 2022RentedNew contract
AED 26,000/yr12 months · AED 67 per sqft
10 Feb 2019Sold by developerOff-plan
AED 390,000AED 996 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type
Studio apartment
Size
391 sqft
Floor
6th of 8
Parking
G-8
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 390K · February 2019
Building
Elz Residence by Danube

About 629, Elz Residence by Danube

629 is a studio of 391 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 10 February 2019 for AED 390,000, or AED 996 per sqft, in line with the AED 984 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 October 2023, is AED 35,000 a year: a gross yield of 9.0% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 629 over time

Sales
Unit 629, 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, February 2019: AED 390,000 (AED 996 per sqft)

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

Rents
Unit 629, 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 26,000 a yearNew contract, October 2023: 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 629 sits

All 205 studios →

629 last sold in February 2019 at AED 996 per sqft, in line with what studios in Elz Residence by Danube were fetching at the time (AED 984). 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. 629'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 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

629, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 10 February 2019 for AED 390,000, or AED 996 per sqft.
  • Rented since September 2022 on 2 Ejari contracts, from AED 26,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2019 price is 9.0%, 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 October 2023.

Questions about 629, Elz Residence by Danube

What did unit 629 last sell for?

AED 390,000 on 10 February 2019, sold by the developer: AED 996 per sqft for 391 sqft. It is the only registered sale of the unit.

What is the rent for unit 629?

AED 35,000 a year on the contract signed on 1 October 2023. The previous contract, from September 2022, was AED 26,000.

How big is unit 629?

391 sqft (36.3 sqm): a studio on the 6th floor of a 8-storey tower completed in 2022.

What is unit 629 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 629, Elz Residence by Danube

Starts from the last sale price (AED 390K, 10 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

Plus AED 19,290 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →