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Studio · 393 sqftElz Residence by Danube, Arjan · 7th floor · completed 2022

708, Elz Residence by Danube

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

Unit 708 · DLD and Ejari recordsUpdated 10 October 2025
Last soldAED 385K2 April 2019
Current rentAED 34K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 708, Elz Residence by Danube

What is 708 worth today?

Last sold for AED 385,140 in 2019

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10 Oct 2025RentedRenewal
AED 34,100/yr12 months · AED 88 per sqft
10 Oct 2024RentedRenewal
AED 31,000/yr12 months · AED 80 per sqft
10 Oct 2023RentedRenewal
AED 31,000/yr12 months · AED 80 per sqft
10 Oct 2022RentedNew contract
AED 28,000/yr12 months · AED 72 per sqft
2 Apr 2019Sold by developerOff-plan
AED 385,140AED 980 per sqft

Source: Dubai Land Department. Updated 10 October 2025.

Key facts

Type
Studio apartment
Size
393 sqft
Floor
7th of 8
Parking
G-78
Developer
Danube Properties Development
Completed
2022
Service charge
AED 4,600 /yr
Last sold
AED 385K · April 2019
Building
Elz Residence by Danube

About 708, Elz Residence by Danube

708 is a studio of 393 sqft on the 7th floor of Elz Residence by Danube, a 8-storey tower in Arjan completed in 2022 by Danube Properties Development. The developer sold it on 2 April 2019 for AED 385,140, or AED 980 per sqft, in line with the AED 979 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 10 October 2025, is AED 34,100 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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 385,140 (AED 980 per sqft)

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

Rents
Unit 708, 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 28,000 a yearRenewal, October 2023: AED 31,000 a yearRenewal, October 2024: AED 31,000 a yearRenewal, October 2025: AED 34,100 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 708 sits

All 205 studios →

708 last sold in April 2019 at AED 980 per sqft, in line with what studios in Elz Residence by Danube were fetching at the time (AED 979). 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. 708's AED 34,100 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 7th floor

All 270 units in Elz Residence by Danube
Value
701StudioAED 393K · Jul 2019
702StudioAED 290K · Nov 2022
7032-bedAED 966K · Apr 2019
704AED 530K · Dec 2025
705AED 540K · Nov 2025
706StudioAED 381K · Mar 2019
7071-bedAED 750K · Oct 2024
1–7 of 33

708, Elz Residence by Danube in numbers

  • Sold once: by Danube Properties Development on 2 April 2019 for AED 385,140, or AED 980 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 28,000 to AED 34,100 a year.
  • At AED 34,100 a year the gross yield on the 2019 price is 8.8%, 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 October 2025.

Questions about 708, Elz Residence by Danube

What did unit 708 last sell for?

AED 385,140 on 2 April 2019, sold by the developer: AED 980 per sqft for 393 sqft. It is the only registered sale of the unit.

What is the rent for unit 708?

AED 34,100 a year on the contract renewed on 10 October 2025. The previous contract, from October 2024, was AED 31,000; the unit has been rented since October 2022.

How big is unit 708?

393 sqft (36.5 sqm): a studio on the 7th floor of a 8-storey tower completed in 2022.

What is unit 708 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 708, Elz Residence by Danube

Starts from the last sale price (AED 385K, 2 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 385,140
Deposit, UAE resident (20%)
AED 77,028
Deposit, non-resident (40%)
AED 154,056
Monthly over 25 years at 3.7%
AED 1,576

Plus AED 19,086 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →